
Cheap Apartments for Rent in the Old Mill Park Neighborhood of Indianapolis, IN from $700 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Mill Park area of Indianapolis.


Alpine Studios

Horizons Apartments
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.

4012 Mann Rd

Mann Village Apartments

Aspen Pointe Apartments

Home Place Senior Living

3236-3238 W Mooresville Rd
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Camby Crossing
Old Mill Park, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Old Mill Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Old Mill Park Studio Apartments | $987 | $876 | $1,084 |
Old Mill Park 1 Bedroom Apartments | $1,195 | $778 | $2,737 |
Old Mill Park 2 Bedroom Apartments | $1,484 | $1,100 | $3,324 |
Old Mill Park 3 Bedroom Apartments | $1,782 | $1,305 | $3,467 |
Old Mill Park 4 Bedroom Apartments | $1,979 | $1,505 | $2,495 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 3 mile radius of the Old Mill Park Neighborhood of Indianapolis, IN.
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Old Mill Park, Indianapolis, IN Local Guide
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Cheapest Available Old Mill Park Apartments for Rent
 The cheapest available apartment rental in the Old Mill Park area of Indianapolis, IN is a 1 Bed unit found at Abbey Apartments - Affordable Senior Housing priced from $778. Horizons Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Old Mill Park apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $778 |
Horizons Apartments | The Vision | 1BR,1BA | $925 |
Home Place Senior Living | 1 BD 1 BTH | 1BR,1BA | $1,000 |
Alpine Studios | Nordic | Studio,1BA | $1,009 |
The Oasis | The Goen | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Old Mill Park, IN
As of May 30, 2025 the best value apartment in the Old Mill Park area is the $1.56 price per square foot Oak 1 Model at Double Creek Flats Apartments in the in the Decatur Commons neighborhood starting from $1,802. The second greatest value Old Mill Park apartment is the Oasis + Garage Model at Southern Dunes starting at $1,765 with a $1.60 price per square foot in the Southern Wayne neighborhood. Here is today’s list of the best values for Old Mill Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Double Creek Flats Apartments | Oak 1 | 2BR,2BA | $1.56 |
Southern Dunes | Oasis + Garage | 2BR,2BA | $1.60 |
The Oasis | The Sapphire | 3BR,2BA | $1.56 |
Arborwood Apartments | The Driftwood | 2BR,2BA | $1.40 |
Camby Crossing | 2x2 | 2BR,2BA | $1.39 |
Aspen Pointe Apartments | Arbor W/D | 2BR,1BA | $1.57 |
Stone Ridge Flats and Townhomes | Azure | 1BR,1BA | $1.63 |
Home Place Senior Living | 1 BD 1 BTH | 1BR,1BA | $1.56 |
Horizons Apartments | The Vision | 1BR,1BA | $1.48 |
Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $1.45 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleOld Mill Park, Indianapolis, IN
Ranked #66
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Old Mill Park, Indianapolis, IN
School data provided by Great Schools
Getting Around the Old Mill Park Neighborhood in Indianapolis, IN
Walk Score®
2 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
25 / 100
Somewhat Bikeable
Minimal 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 Old Mill Park Apartments
What is the price of a cheap apartment in Old Mill Park?
The cheapest apartment in Old Mill Park is Abbey Apartments - Affordable Senior Housing which is listed at $778, while the average apartment in Old Mill Park costs $1,960.
What types of apartments are the cheapest in Old Mill Park?
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 6 regular apartments in Old Mill Park 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 Old Mill Park?
Cheap apartments in Old Mill Park have an average cost of $156 which is $1,804 cheaper than the average rent for all rentals in Old Mill Park.
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.

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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.

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