Cheap Homes for Rent in Oakhill Neighborhood of Indianapolis, IN from $700 (13 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 146 E 19th St

146 E 19th St

IndianapolisIN46202
property at 607 E 32nd St

607 E 32nd St

IndianapolisIN46205

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 321 E 31st St

321 E 31st St

IndianapolisIN46205

Oakhill, Indianapolis, IN Local Guide

Cheapest Available Oakhill Apartments for Rent

 

The cheapest available apartment rental in the Oakhill area of Indianapolis, IN is a Studio unit found at The Stella priced from $393. Hopeside I has the second lowest priced unit, which is a 2 Beds apartment currently listed from $745. Here are the most affordable Oakhill apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The StellaVega 30%Studio,1BA$393
Hopeside I2.2-50%2BR,2BA$745
Morton School Senior ApartmentsStudio 60%Studio,1BA$1,090
The DominoThe Spark IIStudio,1BA$1,195
WesmontStudio - Bumping on SunsetStudio,1BA$1,249

Best Value Apartments for Rent in Oakhill, IN

As of June 01, 2025 the best value apartment in the Oakhill area is the $0.81 price per square foot 2.2-50% Model at Hopeside I in the in the Martindale neighborhood starting from $745. The second greatest value Oakhill apartment is the 3229 Dr Andrew J Brown Ave Model at 3229 Dr Andrew J Brown Ave, Unit 3227 Dr Andrew J Brown Av starting at $1,100 with a $1.29 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Hopeside I2.2-50%2BR,2BA$0.81
3229 Dr Andrew J Brown Ave, Unit 3227 Dr Andrew J Brown Av3229 Dr Andrew J Brown Ave3BR,1BA$1.29
Nine+EighteenThe St. Joe1BR,1BA$1.74
The GroundsThe Chic1BR,1BA$2.41
WesmontStudio - Bumping on SunsetStudio ,1BA$2.17
9 on CanalManchester1BR,1BA$2.73
The StellaSol 120%Studio ,1BA$2.78
Morton School Senior ApartmentsStudio 60%Studio ,1BA$2.14
Wesley PlacePeckStudio ,1BA$2.80
The DominoThe Spark IIIStudio ,1BA$2.94

Quick 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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Frequently Asked Questions about Oakhill

What type of rentals are currently available in Oakhill?

There are currently 87 Apartments for Rent in Oakhill, IN with pricing that ranges from $370 to $4,040. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakhill ranging from $724 to $4,000.

What is the current price range for Rental Homes in Oakhill?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakhill ranges from $724 to $4,000 with an average monthly rent of $2,098.

How much are larger Three and Four Bedroom Rentals in Oakhill?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Oakhill range from $1,100 to $4,040, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,199 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,435.

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 Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.