Cheap Homes for Rent in Old Mill Park Neighborhood of Indianapolis, IN from $1,300 (27 Rentals)

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Search the lowest-cost Homes available for rent right now in the Old Mill Park area of Indianapolis.

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property at 8517 Sansa St

8517 Sansa St

IndianapolisIN46113

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 2511 Redland Ln

2511 Redland Ln

IndianapolisIN46217
property at 5519 Story Ct

5519 Story Ct

IndianapolisIN46221

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property at 2539 Redland Ln

2539 Redland Ln

IndianapolisIN46217

Old Mill Park, Indianapolis, IN Local Guide

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. Alpine Studios has the second lowest priced unit, which is a Studio apartment currently listed from $876. Here are the most affordable Old Mill Park apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Abbey Apartments - Affordable Senior HousingOne Bedroom1BR,1BA$778
Alpine StudiosZurichStudio,1BA$876
Horizons ApartmentsThe Vision1BR,1BA$925
Home Place Senior Living1 BD 1 BTH1BR,1BA$1,000
Mann Village Apartments1 Bedroom Apartment1BR,1BA$1,049
Aspen Pointe ApartmentsSpring1BR,1BA$1,110
Stone Ridge Flats and TownhomesCobalt2BR,1BA$1,270
Arborwood ApartmentsThe Driftwood2BR,2BA$1,321
Camby Crossing2x22BR,2BA$1,386

Best Value Apartments for Rent in Old Mill Park, IN

As of September 11, 2025 the best value apartment in the Old Mill Park area is the $1.40 price per square foot The Driftwood Model at Arborwood Apartments in the in the Airport District neighborhood starting from $1,321. The second greatest value Old Mill Park apartment is the 2x2 Model at Camby Crossing starting at $1,386 with a $1.51 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Arborwood ApartmentsThe Driftwood2BR,2BA$1.40
Camby Crossing2x22BR,2BA$1.51
Aspen Pointe ApartmentsArbor W/D2BR,1BA$1.54
Stone Ridge Flats and TownhomesAzure1BR,1BA$1.93
Home Place Senior Living1 BD 1 BTH1BR,1BA$1.56
Mann Village Apartments1 Bedroom Apartment1BR,1BA$1.72
Horizons ApartmentsThe Vision1BR,1BA$1.54
Abbey Apartments - Affordable Senior HousingOne Bedroom1BR,1BA$1.45
Alpine StudiosZurichStudio ,1BA$2.35

Quick 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.

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Pet Friendly Lifestyle
Old Mill Park, Indianapolis, IN

Ranked #135

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Old Mill Park

What type of rentals are currently available in Old Mill Park?

There are currently 18 Apartments for Rent in Old Mill Park, IN with pricing that ranges from $778 to $1,899. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Mill Park ranging from $1,330 to $3,000.

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 $1,330 to $3,000 with an average monthly rent of $2,285.

How much are larger Three and Four Bedroom Rentals in Old Mill Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Old Mill Park range from $1,299 to $1,617, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,330 to $2,570. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $1,505.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.