
Cheap Apartments for Rent in the New Augusta Neighborhood of Indianapolis, IN from $500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the New Augusta area of Indianapolis.


6702 Georgetown Rd

Dogwood Glen

Westbury Court

The Meridian North and South

Carlton Apartments

Annhurst

Covered Bridge

King's Reserve College Park 55+ Active Living

Estates at Crystal Bay

Oakbrook Village

7988 N Michigan Rd

The Spring Waterside Luxury Apartments
New Augusta, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in New Augusta?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Augusta Studio Apartments | $974 | $705 | $1,859 |
| New Augusta 1 Bedroom Apartments | $1,083 | $597 | $1,720 |
| New Augusta 2 Bedroom Apartments | $1,282 | $770 | $2,005 |
| New Augusta 3 Bedroom Apartments | $1,470 | $1,159 | $1,837 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the New Augusta Neighborhood of Indianapolis, IN.
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New Augusta, Indianapolis, IN Local Guide
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Cheapest Available New Augusta Apartments for Rent
 The cheapest available apartment rental in the New Augusta area of Indianapolis, IN is a 1 Bed unit found at Covered Bridge priced from $819. Lake Camelot Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. Here are the most affordable New Augusta apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Covered Bridge | One Bedroom One Bath | 1BR,1BA | $819 |
| Lake Camelot Apartments | 1 Bedroom Garden | 1BR,1BA | $835 |
| The Meridian North and South | B1S North | 2BR,1BA | $849 |
| Annhurst | One Bed One Bath | 1BR,1BA | $849 |
| Estates at Crystal Bay | One Bedroom One Bath | 1BR,1BA | $865 |
Best Value Apartments for Rent in New Augusta, IN
As of October 30, 2025 the best value apartment in the New Augusta area is the $1.41 price per square foot Meridian Model at Willow Lake Apartments in the in the Spring Arbor neighborhood starting from $1,580. The second greatest value New Augusta apartment is the Two Bedroom One Bathroom (CN1) Model at Westbury Court starting at $1,035 with a $1.07 price per square foot in the Spring Arbor neighborhood. Here is today’s list of the best values for New Augusta apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Willow Lake Apartments | Meridian | 1BR,1.5BA | $1.41 |
| Westbury Court | Two Bedroom One Bathroom (CN1) | 2BR,1BA | $1.07 |
| The Elliott at College Park Apartment Homes | One Bedroom | 1BR,1BA | $1.34 |
| Lakes of Georgetown | D740 | 1BR,1BA | $1.49 |
| Covered Bridge | One Bedroom One Bath | 1BR,1BA | $1.16 |
| Lake Camelot Apartments | 1 Bedroom Garden | 1BR,1BA | $1.19 |
| Oakbrook Village | The Willow 1B 1BB | 1BR,1BA | $1.41 |
| Lakeshore Reserve Off 86th Apartments and Townhomes | One Bedroom | 1BR,1BA | $1.56 |
| Estates at Crystal Bay | One Bedroom One Bath | 1BR,1BA | $1.33 |
| Annhurst | One Bed One Bath | 1BR,1BA | $1.47 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleNew Augusta, Indianapolis, IN
Ranked #105
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in New Augusta, Indianapolis, IN
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Northwestern Indianapolis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, transit availability, pet-friendly communities, places that make kids happy, and more. These search options are in the site filters at the top of this page.
Getting Around the New Augusta Neighborhood in Indianapolis, IN
Walk Score®
43 / 100
Car-Dependent
Most errands require a car
Bike Score®
41 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
25 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap New Augusta Apartments
How much is rent for a Cheap One Bedroom New Augusta Apartment?
The lowest price for a Cheap One Bedroom New Augusta Apartment is $819 at Covered Bridge.
What is the lowest price for a Cheap Two Bedroom New Augusta Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New Augusta is starting from $849 at The Meridian North and South.
What is the most affordable New Augusta Three Bedroom Apartment?
The best deal on a cheap New Augusta Three Bedroom Apartment rental is at Estates at Crystal Bay and starts from $1,165.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.





