
Cheap Apartments for Rent in the Oakhill Neighborhood of Indianapolis, IN from $500 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oakhill area of Indianapolis.


146 E 19th St

3520 Ralston Ave

2029 N College Ave

2029 N College Ave

2914 Winthrop Ave
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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.

2945 Schofield Ave, Unit 2945

3254 Guilford Ave

3458 Orchard Ave

306 E 19th St

The Domino

New Bridge Apartments
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.

Charmwood Terrace

VILLAGE AT FALL CREEK

727 Fairfield Ave

Hopeside I

The Regal Apartments

2530 N Temple Ave
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
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146 E 19th St

2532 N Temple Ave

2029 N College Ave

3121 Eastern Ave

3502 Brouse Ave

Stetson Senior Apartments
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Broadway Heights

2219 Hovey St

Morton School Senior Apartments
Oakhill, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Oakhill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakhill Studio Apartments | $1,255 | $1,049 | $1,450 |
| Oakhill 1 Bedroom Apartments | $1,510 | $700 | $2,168 |
| Oakhill 2 Bedroom Apartments | $1,812 | $824 | $2,617 |
| Oakhill 3 Bedroom Apartments | $2,249 | $1,300 | $3,499 |
| Oakhill 4 Bedroom Apartments | $2,747 | $995 | $4,500 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 1 mile radius of the Oakhill Neighborhood of Indianapolis, IN.
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Oakhill, Indianapolis, IN Local Guide
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Cheapest Available Oakhill Apartments for Rent
 The cheapest available apartment rental in the Oakhill area of Indianapolis, IN is a 2 Beds unit found at Hopeside I priced from $852. The Domino has the second lowest priced unit, which is a Studio apartment currently listed from $1,049. Here are the most affordable Oakhill apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hopeside I | 2.2-40%-H | 2BR,2BA | $852 |
| The Domino | The Spark II | Studio,1BA | $1,049 |
| The Grounds | The Luxe | 1BR,1BA | $1,299 |
| The Delaware Apartments | Buttonwood | Studio,1BA | $1,300 |
| Townhomes at Fall Creek Place | E | 2BR,1BA | $1,585 |
Best Value Apartments for Rent in Oakhill, IN
As of January 09, 2026 the best value apartment in the Oakhill area is the $0.87 price per square foot 2322 Guilford Ave Model at 2322 Guilford Ave, Unit A in the in the Martindale neighborhood starting from $1,300. The second greatest value Oakhill apartment is the 3326 Ruckle St Model at 3326 Ruckle St, Unit Rear Apartment starting at $1,250 with a $1.19 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Oakhill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2322 Guilford Ave, Unit A | 2322 Guilford Ave | 3BR,1BA | $0.87 |
| 3326 Ruckle St, Unit Rear Apartment | 3326 Ruckle St | 1BR,1.5BA | $1.19 |
| Townhomes at Fall Creek Place | F | 2BR,1BA | $1.61 |
| Hopeside I | 2.2-40% | 2BR,2BA | $0.93 |
| 2945 Schofield Ave, Unit 2945 | 2945 Schofield Ave | 2BR,1BA | $1.50 |
| The Grounds | The Taffeta | 1BR,1BA | $2.35 |
| The Delaware Apartments | Spruce | Studio ,1BA | $2.40 |
| The Domino | The Spark III | Studio ,1BA | $2.94 |
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 ArticleThe 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
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.
Pet Friendly LifestyleOakhill, Indianapolis, IN
Ranked #201
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Oakhill Apartments
What is the Cheapest Studio apartment in Oakhill?
Currently the most affordable Cheap Studio Apartment in Oakhill is at The Domino listed at $1,049.
How much is rent for a Cheap One Bedroom Oakhill Apartment?
The lowest price for a Cheap One Bedroom Oakhill Apartment is $1,299 at The Grounds.
What is the lowest price for a Cheap Two Bedroom Oakhill Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Oakhill is starting from $852 at Hopeside I.
What is the most affordable Oakhill Three Bedroom Apartment?
The best deal on a cheap Oakhill Three Bedroom Apartment rental is at The Grounds and starts from $3,499.
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.
Articles, How-To's, and Tips

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!