
Cheap Homes for Rent in the Oakhill Neighborhood of Indianapolis, IN from $750 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Oakhill area of Indianapolis.


3507 N Pennsylvania St, Unit 2

3507 N Pennsylvania St

3308 Central Ave

3238 N Ralston Ave
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2029 N College Ave, Unit E

2029 N College Ave, Unit A

3214 Hovey St

2612 Eastern Ave

2722 Dr Andrew J Brown Ave
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2724 Dr Andrew J Brown Ave

2143 Bellefontaine St

3270 Ralston Ave

2527 N College Ave

3005 Ruckle St
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1918 Lawrence St, Unit 1924

3290 Ralston Ave
Oakhill, Indianapolis, IN Local Guide

How much does it cost to rent a home in Oakhill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakhill 2 Bedroom Homes for Rent | $1,454 | $850 | $2,250 |
| Oakhill 3 Bedroom Homes for Rent | $1,864 | $1,092 | $3,400 |
| Oakhill 4 Bedroom Homes for Rent | $2,827 | $1,570 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 17 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 Homes for Rent
 The cheapest available rental home in the Oakhill area of Indianapolis, IN is a 3 Beds home found at 3236 Nicholas Ave priced from $1,425. 3122 Ruckle St has the second lowest priced home, which is a 2 Beds rental home currently listed from $1,500. Here are the most affordable Oakhill homes for rent in Indianapolis, IN:
| Home Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3236 Nicholas Ave | 3236 Nicholas Ave | 3BR, 1BA | $1,425 |
| 3122 Ruckle St | 3122 Ruckle St | 2BR, 1BA | $1,500 |
| 1902 E 35th St | 1902 E 35th St | 3BR, 1BA | $1,550 |
| 2801 Columbia Ave | 2801 Columbia Ave | 3BR, 1BA | $1,599 |
| 2809 Columbia Ave | 2809 Columbia Ave | 3BR, 2BA | $1,725 |
Best Value Homes for Rent in Oakhill, IN
As of September 17, 2026 the best value rental home in the Oakhill area is the $0.42 price per square foot 801 E 20th St Model at 801 E 20th St in the Near North Indianapolis neighborhood starting from $1,600. The second greatest value Oakhill rental home is the 629 E 25th St Model at 629 E 25th St in the Martindale neighborhood starting at $2,498 with a $0.73 price per square foot. Here is today’s list of the best values for Oakhill homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 801 E 20th St | 801 E 20th St | 1BR, 1BA | $0.42 |
| 629 E 25th St | 629 E 25th St | 4BR, 3.5BA | $0.73 |
| 2322 N Arsenal Ave | 2322 N Arsenal Ave | 4BR, 2BA | $0.92 |
| 2809 Columbia Ave | 2809 Columbia Ave | 3BR, 2BA | $1.08 |
| 2809 Columbia Ave | 2809 Columbia Ave | 3BR, 2BA | $1.08 |
| 2809 Columbia Ave | 2809 Columbia Ave | 3BR, 2BA | $1.08 |
| 2809 Columbia Ave | 2809 Columbia Ave | 3BR, 2BA | $1.08 |
| 2801 Columbia Ave | 2801 Columbia Ave | 3BR, 1.5BA | $1.28 |
| 2801 Columbia Ave | 2801 Columbia Ave | 3BR, 1.5BA | $1.28 |
| 2801 Columbia Ave | 2801 Columbia Ave | 3BR, 1.5BA | $1.28 |
| 2801 Columbia Ave | 2801 Columbia Ave | 3BR, 1.5BA | $1.28 |
| 3122 Ruckle St | 3122 Ruckle St | 2BR, 1BA | $1.29 |
| 1902 E 35th St | 1902 E 35th St | 3BR, 1BA | $1.41 |
| 1902 E 35th St | 1902 E 35th St | 3BR, 1BA | $1.41 |
| 1902 E 35th St | 1902 E 35th St | 3BR, 1BA | $1.41 |
| 1902 E 35th St | 1902 E 35th St | 3BR, 1BA | $1.41 |
| 3236 Nicholas Ave | 3236 Nicholas Ave | 3BR, 1BA | $1.65 |
| 3236 Nicholas Ave | 3236 Nicholas Ave | 3BR, 1BA | $1.65 |
| 3236 Nicholas Ave | 3236 Nicholas Ave | 3BR, 1BA | $1.65 |
| 3236 Nicholas Ave | 3236 Nicholas Ave | 3BR, 1BA | $1.65 |
| 1918 Lawrence St, Unit 1924 | 1918 Lawrence St | 2BR, 1BA | $1.62 |
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.
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Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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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.
Pet Friendly LifestyleOakhill, Indianapolis, IN
Ranked #225
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Oakhill
What type of rentals are currently available in Oakhill?
There are currently 92 Apartments for Rent in Oakhill, IN with pricing that ranges from $543 to $3,802. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakhill ranging from $750 to $5,500.
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 $750 to $5,500 with an average monthly rent of $1,835.
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 $950 to $3,564, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,092 to $3,400. Four Bedroom Single-Family rentals are also available starting from $1,570 and Four Bedroom Apartments start at $1,912.
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

Welcome to Indy: A Local Expert's Guide to the City's Best Short-Term Rental Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I am the local expert for ApartmentHomeLiving.com in the Indianapolis area. Being born and raised in Indiana, I know the true meaning of Hoosier hospitality.

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Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.