Cheap Homes for Rent in New Augusta Neighborhood of Indianapolis, IN from $400 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in the New Augusta area of Indianapolis.

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New Augusta, Indianapolis, IN Local Guide

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 Dogwood Glen priced from $605. Annhurst has the second lowest priced unit, which is a Studio apartment currently listed from $729. Here are the most affordable New Augusta apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Dogwood GlenStudio 1 BathStudio,1BA$605
AnnhurstStudioStudio,1BA$729
King's Reserve College Park 55+ Active LivingStudio KingStudio,1BA$799

Best Value Apartments for Rent in New Augusta, IN

As of September 15, 2025 the best value apartment in the New Augusta area is the $1.31 price per square foot Three Bedroom 2.5 Bath Townhome Model at Lakeshore Reserve Off 86th Apartments and Townhomes in the in the Spring Arbor neighborhood starting from $1,765. The second greatest value New Augusta apartment is the Meridian Model at Willow Lake Apartments starting at $1,630 with a $1.45 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Lakeshore Reserve Off 86th Apartments and TownhomesThree Bedroom 2.5 Bath Townhome3BR,2.5BA$1.31
Willow Lake ApartmentsMeridian1BR,1.5BA$1.45
The Elliott at College Park Apartment HomesTwo Bedroom 1.5 Bath2BR,1.5BA$1.31
Westbury CourtTwo Bedroom One Bathroom (CN1)2BR,1BA$1.04
Lakes of GeorgetownD7401BR,1BA$1.49
Covered BridgeOne Bedroom One Bath1BR,1BA$1.21
Lake Camelot Apartments1 Bedroom Garden1BR,1BA$1.17
Oakbrook VillageThe Walnut 1B 1BA1BR,1BA$1.47
Summerwood on Towne Line ApartmentsPoplar1BR,1BA$1.52
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$1.33

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Pet Friendly Lifestyle
New Augusta, Indianapolis, IN

Ranked #102

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
New Augusta, Indianapolis, IN

School data provided by Great Schools

Frequently Asked Questions about New Augusta

What type of rentals are currently available in New Augusta?

There are currently 32 Apartments for Rent in New Augusta, IN with pricing that ranges from $605 to $1,975. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Augusta ranging from $400 to $2,495.

What is the current price range for Rental Homes in New Augusta?

Today's rental pricing for Homes for Rent, Condos and Townhomes in New Augusta ranges from $400 to $2,495 with an average monthly rent of $1,486.

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.

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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.

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.