8056 Pebble Creek Ct
IndianapolisIN46268
Cheap Homes for Rent in New Augusta Neighborhood of Indianapolis, IN from $800 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the New Augusta area of Indianapolis.
6920 Chrysler St
IndianapolisIN46268
6920 Chrysler St
IndianapolisIN46268
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
5707 Windward Way
IndianapolisIN46278
4811 Oakforge Dr
IndianapolisIN46254
6602 Michigan Rd
IndianapolisIN46268
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.
Showing Results 1-6, Page 1 of 1
New Augusta, Indianapolis, IN Local Guide
How much does it cost to rent a home in New Augusta?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Augusta 3 Bedroom Homes for Rent | $1,854 | $800 | $2,370 |
| New Augusta 4 Bedroom Homes for Rent | $2,442 | $2,149 | $2,900 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 The Meridian North and South priced from $709. Carlton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $810. Here are the most affordable New Augusta apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Meridian North and South | S1P South | Studio,1BA | $709 |
| Carlton Apartments | Villa | 1BR,1BA | $810 |
| Covered Bridge | One Bedroom One Bath | 1BR,1BA | $829 |
Best Value Apartments for Rent in New Augusta, IN
As of June 13, 2026 the best value apartment in the New Augusta area is the $1.30 price per square foot Shelbourne Model at Willow Lake Apartments in the in the Spring Arbor neighborhood starting from $2,005. The second greatest value New Augusta apartment is the Three Bedroom 2.5 Bath Townhome Model at Lakeshore Reserve Off 86th Apartments and Townhomes starting at $1,800 with a $1.34 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 | Shelbourne | 2BR,2BA | $1.30 |
| Lakeshore Reserve Off 86th Apartments and Townhomes | Three Bedroom 2.5 Bath Townhome | 3BR,2.5BA | $1.34 |
| Westbury Court | Three Bedroom Townhome (T3) | 3BR,2.5BA | $1.19 |
| Lakes of Georgetown | U1233 | 3BR,2BA | $1.25 |
| Lake Camelot Apartments | 2 Bedroom Townhome | 2BR,2BA | $1.01 |
| The Elliott at College Park Apartment Homes | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.04 |
| Crooked Creek | The Emerald & The Jade | 2BR,1.5BA | $1.42 |
| Covered Bridge | One Bedroom One Bath | 1BR,1BA | $1.18 |
| Oakbrook Village | The Willow 1B 1BB | 1BR,1BA | $1.44 |
| Estates at Crystal Bay | One Bedroom One Bath | 1BR,1BA | $1.33 |
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.
Read Article
Your 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
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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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 35 Apartments for Rent in New Augusta, IN with pricing that ranges from $689 to $2,339. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Augusta ranging from $800 to $2,900.
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 $800 to $2,900 with an average monthly rent of $2,348.
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.
Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.