
Cheap Homes for Rent in the New Augusta Neighborhood of Indianapolis, IN from $1,400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the New Augusta area of Indianapolis.


6920 Chrysler St
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5943 Sycamore Forge Dr
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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 | $1,883 | $1,450 | $2,145 |
| New Augusta 4 Bedroom Homes for Rent | $2,564 | $2,200 | $2,795 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 Carlton Apartments priced from $810. Estates at Crystal Bay has the second lowest priced unit, which is a 1 Bed apartment currently listed from $865. Here are the most affordable New Augusta apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carlton Apartments | Villa | 1BR,1BA | $810 |
| Estates at Crystal Bay | One Bedroom One Bath | 1BR,1BA | $865 |
| The Meridian North and South | B4S South | 2BR,1BA | $869 |
Best Value Apartments for Rent in New Augusta, IN
As of July 30, 2026 the best value apartment in the New Augusta area is the $1.31 price per square foot Two Bedroom 2 Bath Model at Lakeshore Reserve Off 86th Apartments and Townhomes in the in the Spring Arbor neighborhood starting from $1,275. The second greatest value New Augusta apartment is the 2 Bedrooms, 2 Bathrooms Model at Bishop Pond Apartments starting at $1,399 with a $1.55 price per square foot in the Faith Knoll 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. |
|---|---|---|---|
| Lakeshore Reserve Off 86th Apartments and Townhomes | Two Bedroom 2 Bath | 2BR,2BA | $1.31 |
| Bishop Pond Apartments | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.55 |
| Crooked Creek | The Ember (Renovated) | 1BR,1.5BA | $1.69 |
| The Lakes Apartments | Kaplan | 1BR,1BA | $1.68 |
| Lakes of Georgetown | D740 | 1BR,1BA | $1.52 |
| Oakbrook Village | The Willow 1B 1BB | 1BR,1BA | $1.41 |
| Summerwood on Towne Line Apartments | Poplar | 1BR,1BA | $1.70 |
| Estates at Crystal Bay | One Bedroom One Bath | 1BR,1BA | $1.33 |
| Oak Lake at Crooked Creek | Canopy | 1BR,1BA | $1.64 |
| Annhurst | One Bed One Bath | 1BR,1BA | $1.59 |
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 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
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.
Best Local Schools in New Augusta, Indianapolis, IN
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Frequently Asked Questions about New Augusta
What type of rentals are currently available in New Augusta?
There are currently 34 Apartments for Rent in New Augusta, IN with pricing that ranges from $754 to $2,339. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Augusta ranging from $1,450 to $2,795.
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 $1,450 to $2,795 with an average monthly rent of $2,399.
How much are larger Three and Four Bedroom Rentals in New Augusta?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New Augusta range from $1,074 to $1,845, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,145. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,756.
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

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