
Cheap Homes for Rent in the Old Mill Park Neighborhood of Indianapolis, IN from $1,300 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Old Mill Park area of Indianapolis.


5607 Northport Dr

5805 Dollar Forge Dr

6518 Redland Way

6919 Bannock Ct

5810 Rolling Bluff Ln

3223 Southwest Dr
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3015 Redland Ln

4315 Standish Dr

2504 Abalone Dr

6855 Youngberry Dr

6139 Old Mill Dr

5531 Orth Ct

6007 Jackie Ln
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6230 Long River Ln

6715 Everbloom Ln

2424 Boyer Ln

5906 Accent Dr

5613 Simmul Ln

5706 Nodlehs Ct

8643 Hopewell Ct
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Old Mill Park, Indianapolis, IN Local Guide

How much does it cost to rent a home in Old Mill Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Mill Park 3 Bedroom Homes for Rent | $1,825 | $1,380 | $2,400 |
| Old Mill Park 4 Bedroom Homes for Rent | $2,233 | $1,915 | $2,725 |
| Old Mill Park 5 Bedroom Homes for Rent | $2,108 | $1,720 | $2,370 |
Browse Homes for Rent in this Neighborhood
There are currently 21 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 |
| Mann Village Apartments | 1 Bedroom Apartment | 1BR,1BA | $1,058 |
| Aspen Pointe Apartments | Spring | 1BR,1BA | $1,120 |
Best Value Apartments for Rent in Old Mill Park, IN
As of July 29, 2026 the best value apartment in the Old Mill Park area is the $1.31 price per square foot The Fern Model at Arborwood Apartments in the in the Airport District neighborhood starting from $1,571. The second greatest value Old Mill Park apartment is the Sapphire Model at Stone Ridge Flats and Townhomes starting at $1,754 with a $1.55 price per square foot in the Airport District 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. |
|---|---|---|---|
| Arborwood Apartments | The Fern | 3BR,2BA | $1.31 |
| Stone Ridge Flats and Townhomes | Sapphire | 3BR,2BA | $1.55 |
| Alpine Studios | Edinburgh | 2BR,2BA | $1.58 |
| Aspen Pointe Apartments | Spring | 1BR,1BA | $1.52 |
| Home Place Senior Living | 1 BD 1 BTH | 1BR,1BA | $1.56 |
| Mann Village Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.74 |
| Horizons Apartments | The Vision | 1BR,1BA | $1.54 |
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $1.45 |
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 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 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.
Best Local Schools in Old Mill Park, Indianapolis, IN
School data provided by Great Schools
Frequently Asked Questions about Old Mill Park
What type of rentals are currently available in Old Mill Park?
There are currently 19 Apartments for Rent in Old Mill Park, IN with pricing that ranges from $778 to $2,069. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Mill Park ranging from $1,380 to $2,725.
What is the current price range for Rental Homes in Old Mill Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Mill Park ranges from $1,380 to $2,725 with an average monthly rent of $2,055.
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

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

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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.
Articles, How-To's, and Tips

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