Cheap Homes for Rent in New Augusta Neighborhood of Indianapolis, IN from $400 (17 Rentals)

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

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.

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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.

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property at 4052 Caddy Way

4052 Caddy Way

IndianapolisIN46268
property at 4419 Deerview Ct

4419 Deerview Ct

IndianapolisIN46268

Cash 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.

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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 1 Bed unit found at The Meridian North and South priced from $784. King's Reserve College Park - 55+ Senior has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable New Augusta apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Meridian North and SouthA3S South1BR,1BA$784
King's Reserve College Park - 55+ SeniorStudio KingStudio,1BA$799
Carlton ApartmentsVilla1BR,1BA$800
AnnhurstOne Bed One Bath1BR,1BA$849
Estates at Crystal BayTwo Bedroom 1.5 Bath Townhouse 1000 sq ft2BR,1BA$880

Best Value Apartments for Rent in New Augusta, IN

As of July 31, 2025 the best value apartment in the New Augusta area is the $1.47 price per square foot Keystone Model at Willow Lake Apartments in the in the Spring Arbor neighborhood starting from $1,610. The second greatest value New Augusta apartment is the Two Bedroom 1.5 Bath Model at The Elliott at College Park Apartment Homes starting at $1,235 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Willow Lake ApartmentsKeystone1BR,1BA$1.47
The Elliott at College Park Apartment HomesTwo Bedroom 1.5 Bath2BR,1.5BA$1.28
Westbury CourtTwo Bedroom One Bathroom (CN1)2BR,1BA$1.04
Lake Camelot Apartments2 Bedroom Garden2BR,1BA$1.07
Covered BridgeTwo Bedroom One Bath2BR,1BA$1.20
Crooked CreekThe Bordeaux1BR,1BA$1.48
Lakes of GeorgetownD7401BR,1BA$1.49
Oakbrook VillageThe Walnut 1B 1BA1BR,1BA$1.47
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$1.33
AnnhurstOne Bed One Bath1BR,1BA$1.47

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Frequently Asked Questions about New Augusta

What type of rentals are currently available in New Augusta?

There are currently 33 Apartments for Rent in New Augusta, IN with pricing that ranges from $597 to $6,488. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Augusta ranging from $400 to $4,800.

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 $4,800 with an average monthly rent of $1,621.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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 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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.