6702 Georgetown Rd
IndianapolisIN46268
Cheap Apartments for Rent in the New Augusta Neighborhood of Indianapolis, IN from $500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the New Augusta area of Indianapolis.
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$695 - $2,365Studio to 2 Bedroom Apartments Available Mar 20
Dogwood Glen
2390 Woodglen DrIndianapolis, IN 46260
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$699 - $1,639Studio to 2 Bedroom Apartments Available Now
King's Reserve College Park 55+ Active Living
8810 Colby BlvdIndianapolis, IN 46268
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$724 - $1,334Studio to 3 Bedroom Apartments Available Now
The Meridian North and South
2085 Waterford PlIndianapolis, IN 46260
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$786 - $1,5341 to 3 Bedroom Apartments Available Now
Westbury Court
7747 Santa Monica DrIndianapolis, IN 46268
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$800 - $1,2001 to 2 Bedroom Apartments Available Now
Carlton Apartments
2629 Plaza DrIndianapolis, IN 46268
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$829 - $1,0191 to 3 Bedroom Apartments Available Now
Covered Bridge
4909 Covered Bridge RdIndianapolis, IN 46268
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$850 - $1,170Studio to 2 Bedroom Apartments Available Now
Annhurst
4958 Dawn DrIndianapolis, IN 46268
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$865 - $1,4151 to 3 Bedroom Apartments Available Now
Estates at Crystal Bay
7136 Crystal Bay Dr EIndianapolis, IN 46260
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1 to 2 Bedroom Apartments
Hampshire Court
2455 Rolls DrIndianapolis, IN 46268
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1 to 2 Bedroom Apartments
Guion Creek Apartments
5902 Guion RdIndianapolis, IN 46254
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1 to 3 Bedroom Apartments
The Meridian North
2100 Westlane RdIndianapolis, IN 46260
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1 to 3 Bedroom Apartments
Lake Camelot Apartments
6475 Excalibur CtIndianapolis, IN 46268
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1 Bedroom Apartments
College Park Apartments
3050 Colby LnIndianapolis, IN 46268
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Showing Results 1-14, Page 1 of 1
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 | $940 | $695 | $1,649 |
| New Augusta 1 Bedroom Apartments | $1,062 | $597 | $2,215 |
| New Augusta 2 Bedroom Apartments | $1,270 | $834 | $2,365 |
| New Augusta 3 Bedroom Apartments | $1,364 | $1,109 | $1,780 |
Browse Apartments in this Neighborhood
There are currently 14 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 Studio unit found at King's Reserve College Park 55+ Active Living priced from $699. The Meridian North and South has the second lowest priced unit, which is a 1 Bed apartment currently listed from $744. Here are the most affordable New Augusta apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| King's Reserve College Park 55+ Active Living | Studio King | Studio,1BA | $699 |
| The Meridian North and South | A5S South | 1BR,1BA | $744 |
| Carlton Apartments | Villa | 1BR,1BA | $800 |
| Lake Camelot Apartments | 1 Bedroom Garden | 1BR,1BA | $811 |
| Covered Bridge | One Bedroom One Bath | 1BR,1BA | $829 |
Best Value Apartments for Rent in New Augusta, IN
As of March 15, 2026 the best value apartment in the New Augusta area is the $1.19 price per square foot Three Bedroom Townhome (T3) Model at Westbury Court in the in the Spring Arbor neighborhood starting from $1,474. The second greatest value New Augusta apartment is the Keystone Model at Willow Lake Apartments starting at $1,410 with a $1.28 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. |
|---|---|---|---|
| Westbury Court | Three Bedroom Townhome (T3) | 3BR,2.5BA | $1.19 |
| Willow Lake Apartments | Keystone | 1BR,1BA | $1.28 |
| Crooked Creek | The Sage | 2BR,1.5BA | $1.46 |
| The Elliott at College Park Apartment Homes | One Bedroom | 1BR,1BA | $1.47 |
| Summerwood on Towne Line Apartments | Willow | 1BR,1BA | $1.40 |
| Covered Bridge | One Bedroom One Bath | 1BR,1BA | $1.18 |
| Lake Camelot Apartments | 1 Bedroom Garden | 1BR,1BA | $1.16 |
| Oakbrook Village | The Willow 1B 1BB | 1BR,1BA | $1.44 |
| Estates at Crystal Bay | One Bedroom One Bath | 1BR,1BA | $1.33 |
| The Meridian North and South | A4P South | 1BR,1BA | $1.24 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
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Best Local Schools in New Augusta, Indianapolis, IN
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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.
Frequently Asked Questions about Cheap New Augusta Apartments
What is a cheap apartment in New Augusta?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in New Augusta is under $990.
What is the price of a cheap apartment in New Augusta?
The cheapest apartment in New Augusta is The Meridian North and South which is listed at $744, while the average apartment in New Augusta costs $1,314.
What types of apartments are the cheapest in New Augusta?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 29 regular apartments in New Augusta that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in New Augusta?
Cheap apartments in New Augusta have an average cost of $216 which is $1,098 cheaper than the average rent for all rentals in New Augusta.
Expert Rental Resources
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.
Helpful Local Expert Guides
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.
Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
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Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.