8027 N Richardt Ave
IndianapolisIN46256
Cheap Apartments for Rent in the Oaklandon Neighborhood of Indianapolis, IN from $300 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oaklandon area of Indianapolis.
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from $749Studio to 2 Bedroom Apartments Available Now
Autumn Trails Apartments
7975 Red Mill DrIndianapolis, IN 46226
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from $7691 to 3 Bedroom Apartments Available Now
Serenity Park Apartments
9060 E 39th PlIndianapolis, IN 46235
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.
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from $829Studio to 2 Bedroom Apartments Available Now
M Club Apartments
7007 Courthouse DrIndianapolis, IN 46226
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from $8421 to 2 Bedroom Apartments Available Now
The Life at Harrison Trails
5350 Cider Mill LnIndianapolis, IN 46226
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from $8461 to 3 Bedroom Apartments Available Now
Carriage House East
10174 Tinton CtIndianapolis, IN 46235
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from $8501 to 4 Bedroom Apartments Available Now
Timber Point Apartments
6201 Newberry RdIndianapolis, IN 46256
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from $8751 to 2 Bedroom Apartments Available Now
Brookhaven Apartments
3900 N Shadeland AveIndianapolis, IN 46226
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from $879Studio to 3 Bedroom Apartments Available Now
Kingston Square Apartments
7171 Twin Oaks DrIndianapolis, IN 46226
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from $889Studio to 2 Bedroom Apartments Available Now
Vineyards Apartments
10101 E Montery RdIndianapolis, IN 46235
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.
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from $896Studio to 2 Bedroom Apartments Available Now
Lake Castleton
7601 Carlton Arms DrIndianapolis, IN 46256
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from $8991 to 2 Bedroom Apartments Available Now
Lenox Apartments
5421 Calder WayIndianapolis, IN 46226
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from $9091 to 2 Bedroom Apartments Available Now
Harrison Point Apartments
9093 Bourbon StIndianapolis, IN 46235
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from $9251 to 2 Bedroom Apartments Available Now
Apartments @ Marten Court
7852 Marten Ct SIndianapolis, IN 46226
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from $9251 to 2 Bedroom Apartments Available Now
Fountainview Apartments
4800 N Post RdIndianapolis, IN 46226
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from $950Studio to 3 Bedroom Apartments Available Now
Spanish Oaks
3645 Wingate CtIndianapolis, IN 46235
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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3 Bedroom Apartments
Canterbury House Apartments - Franklin Road
7955 Kingsmead DrIndianapolis, IN 46226
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1 Bedroom Apartments
Discover the Best of Lawrence Living at Bellagio Living
8953 Brigadier DrIndianapolis, IN 46226
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1 Bedroom Apartments
Bellagio Living ? - 9025 El Dorado Drive
9025 El Dorado PlIndianapolis, IN 46236
Oaklandon - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
4013 Kenneth Ave
IndianapolisIN46226
Showing Results 1-29, Page 1 of 1
Oaklandon, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Oaklandon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oaklandon Studio Apartments | $943 | $725 | $1,327 |
| Oaklandon 1 Bedroom Apartments | $1,226 | $380 | $2,171 |
| Oaklandon 2 Bedroom Apartments | $1,373 | $899 | $3,033 |
| Oaklandon 3 Bedroom Apartments | $1,812 | $1,220 | $3,222 |
| Oaklandon 4 Bedroom Apartments | $1,993 | $1,405 | $3,820 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 3 mile radius of the Oaklandon Neighborhood of Indianapolis, IN.
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Oaklandon, Indianapolis, IN Local Guide
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Cheapest Available Oaklandon Apartments for Rent
The cheapest available apartment rental in the Oaklandon area of Indianapolis, IN is a Studio unit found at Franklin Studios priced from $725. Autumn Trails Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Oaklandon apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Franklin Studios | Studio | Studio,1BA | $725 |
| Autumn Trails Apartments | The Maple | Studio,1BA | $749 |
| Serenity Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $769 |
| The Life at Harrison Trails | 1 BED 1 BATH A (LOFT) | 1BR,1BA | $842 |
| Timber Point Apartments | The Ayers | 1BR,1BA | $850 |
| Brookhaven Apartments | 1 Bed 1 Bath | 1BR,1BA | $875 |
| Kingston Square Apartments | The Ash | Studio,1BA | $879 |
| Vineyards Apartments | 1 Bedroom Apartment | 1BR,1BA | $889 |
| Lake Castleton | Congressional | 1BR,1BA | $896 |
| Fountainview Apartments | 1BR/1BA | 1BR,1BA | $925 |
Best Value Apartments for Rent in Oaklandon, IN
As of June 02, 2025 the best value apartment in the Oaklandon area is the $1.20 price per square foot 3 Bedroom Townhome – Empowerment Model at Carriage House East in the in the Southeast Indianapolis neighborhood starting from $1,322. The second greatest value Oaklandon apartment is the 2 Bed 2 Bath Apartment w/Den - Renovated Model at Lenox Apartments starting at $1,300 with a $1.21 price per square foot in the Far Eastside neighborhood. Here is today’s list of the best values for Oaklandon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Carriage House East | 3 Bedroom Townhome – Empowerment | 3BR,1.5BA | $1.20 |
| Lenox Apartments | 2 Bed 2 Bath Apartment w/Den - Renovated | 2BR,2BA | $1.21 |
| Brookhaven Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.91 |
| Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.23 |
| Reserve at Franklin Glen | 2BR2B- Reserve at Franklin Glen | 2BR,2BA | $1.31 |
| Fountainview Apartments | 2BR/1BA | 2BR,1BA | $1.42 |
| Timber Point Apartments | The Ayers | 1BR,1BA | $1.17 |
| The Life at Harrison Trails | 1 BED 1 BATH A (LOFT) | 1BR,1BA | $1.26 |
| Vineyards Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.39 |
| Serenity Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.29 |
Quick Rent Budget Calculator
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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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Pet Friendly LifestyleOaklandon, Indianapolis, IN
Ranked #85
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Oaklandon, Indianapolis, IN
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States, including Indianapolis. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, transit availability, pet-friendly communities, apartment complexes for the kids, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Oaklandon Neighborhood in Indianapolis, IN
Walk Score®
49 / 100
Car-Dependent
Most errands require a car
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Oaklandon Apartments
What is a cheap apartment in Oaklandon?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Oaklandon is under $925.
What is the price of a cheap apartment in Oaklandon?
The cheapest apartment in Oaklandon is Serenity Park Apartments which is listed at $769, while the average apartment in Oaklandon costs $2,365.
What types of apartments are the cheapest in Oaklandon?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Oaklandon that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Oaklandon?
Cheap apartments in Oaklandon have an average cost of $155 which is $2,210 cheaper than the average rent for all rentals in Oaklandon.
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.
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.
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.
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.
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.