8027 N Richardt Ave
IndianapolisIN46256
Cheap Homes for Rent in Oaklandon Neighborhood of Indianapolis, IN from $400 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Oaklandon area of Indianapolis.
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$649Studio Apartments Available Now
4985 N Franklin Rd
4985 N Franklin RdIndianapolis, IN 46226
3805 Biscayne Rd
IndianapolisIN46226
8763 E 46th St
IndianapolisIN46226
7346 E 54th St
IndianapolisIN46226
3675 Newgate Ln
IndianapolisIN46235
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.
8426 E 36th Pl
IndianapolisIN46226
3809 Biscayne Rd
IndianapolisIN46226
8218 E 50th St
IndianapolisIN46226
8517 Lenna Ct
IndianapolisIN46226
3815 Biscayne Rd
IndianapolisIN46226
3926 Malibu Dr
IndianapolisIN46226
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.
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Oaklandon, Indianapolis, IN Local Guide
How much does it cost to rent a home in Oaklandon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oaklandon 2 Bedroom Homes for Rent | $1,519 | $1,050 | $2,150 |
| Oaklandon 3 Bedroom Homes for Rent | $1,662 | $1,000 | $2,470 |
| Oaklandon 4 Bedroom Homes for Rent | $2,255 | $1,395 | $4,200 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 2 Beds unit found at Postbrook East Apartments priced from $485. Spanish Oaks has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Oaklandon apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Postbrook East Apartments | 2bd F | 2BR,1BA | $485 |
| Spanish Oaks | Studio | Studio,1BA | $725 |
| Franklin Studios | Studio | Studio,1BA | $725 |
| Peppermill Farms | 1BR | 1BR,1BA | $735 |
| Autumn Trails Apartments | The Maple | Studio,1BA | $749 |
Best Value Apartments for Rent in Oaklandon, IN
As of April 08, 2026 the best value apartment in the Oaklandon area is the $1.07 price per square foot 2 BR / 1.5 BA Model at Shadeland Terrace Townhomes w/Full Basements in the in the Southeast Indianapolis neighborhood starting from $1,395. The second greatest value Oaklandon apartment is the 2 Bed 1 Bath Model at Brookhaven Apartments starting at $1,075 with a $0.91 price per square foot in the Southeast Indianapolis 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. |
|---|---|---|---|
| Shadeland Terrace Townhomes w/Full Basements | 2 BR / 1.5 BA | 2BR,1.5BA | $1.07 |
| Brookhaven Apartments | 2 Bed 1 Bath | 2BR,1BA | $0.91 |
| Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.23 |
| Peppermill Farms | 2BR | 2BR,1BA | $1.26 |
| The Life at Harrison Trails | 2 BED 1 BATH | 2BR,1BA | $1.30 |
| Lawrence Landing | One Bedroom | 1BR,1BA | $1.12 |
| The Lenox Apartment Homes | The Andover - Upgraded | 1BR,1BA | $1.26 |
| Postbrook East Apartments | 1bd F | 1BR,1BA | $1.03 |
| Timber Point Apartments | The Ayers | 1BR,1BA | $1.32 |
| Maison Gardens Apartments | 1BD R | 1BR,1BA | $1.32 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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
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Pet Friendly LifestyleOaklandon, Indianapolis, IN
Ranked #90
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Oaklandon, Indianapolis, IN
School data provided by Great Schools
Frequently Asked Questions about Oaklandon
What type of rentals are currently available in Oaklandon?
There are currently 73 Apartments for Rent in Oaklandon, IN with pricing that ranges from $649 to $3,096. There are also 85 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oaklandon ranging from $420 to $4,200.
What is the current price range for Rental Homes in Oaklandon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oaklandon ranges from $420 to $4,200 with an average monthly rent of $1,543.
How much are larger Three and Four Bedroom Rentals in Oaklandon?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Oaklandon range from $1,100 to $3,096, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,470. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $1,485.
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.
Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
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.