Cheap Apartments for Rent in the Park 100 Neighborhood of Indianapolis, IN from $700 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Park 100 area of Indianapolis.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Lake Camelot Apartments
1 to 3 Bedroom Apartments

Lake Camelot Apartments

6475 Excalibur CtIndianapolis, IN 46268
  • Utilities Included
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Slate Run Lofts
Studio to 2 Bedroom Apartments

Slate Run Lofts

9555 International DrIndianapolis, IN 46268
  • Smoke Free

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.

Park 100, Indianapolis, IN Local Guide

Cheapest Available Park 100 Apartments for Rent

 

The cheapest available apartment rental in the Park 100 area of Indianapolis, IN is a 1 Bed unit found at Carlton Apartments priced from $810. Covered Bridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $829. Here are the most affordable Park 100 apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Carlton ApartmentsVilla1BR,1BA$810
Covered BridgeOne Bedroom One Bath1BR,1BA$829
AnnhurstOne Bed One Bath1BR,1BA$900
The Villages of Bent Tree ApartmentsThe Bay - 1 Bedroom 1 Bath1BR,1BA$999
The Elliott at College Park Apartment HomesTwo Bedroom 1.5 Bath2BR,1BA$1,010

Best Value Apartments for Rent in Park 100, IN

As of June 12, 2026 the best value apartment in the Park 100 area is the $1.30 price per square foot Shelbourne Model at Willow Lake Apartments in the in the Spring Arbor neighborhood starting from $2,005. The second greatest value Park 100 apartment is the Three Bedroom Townhome (T3) Model at Westbury Court starting at $1,474 with a $1.19 price per square foot in the Spring Arbor neighborhood. Here is today’s list of the best values for Park 100 apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Willow Lake ApartmentsShelbourne2BR,2BA$1.30
Westbury CourtThree Bedroom Townhome (T3)3BR,2.5BA$1.19
Lakes of GeorgetownU12333BR,2BA$1.25
Lake Camelot Apartments2 Bedroom Townhome2BR,2BA$1.01
The Elliott at College Park Apartment HomesTwo Bedroom 1.5 Bath2BR,1.5BA$1.04
Crooked CreekThe Emerald & The Jade2BR,1.5BA$1.42
Bishop Pond Apartments2 Bedrooms, 2 Bathrooms2BR,2BA$1.58
Covered BridgeOne Bedroom One Bath1BR,1BA$1.18
Oak Lake at Crooked CreekCanopy1BR,1BA$1.64
AnnhurstOne Bed One Bath1BR,1BA$1.56

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.

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Your 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

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Real 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.

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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
Park 100, Indianapolis, IN

Ranked #156

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Park 100 Apartments

What is the Cheapest Studio apartment in Park 100?

Currently the most affordable Cheap Studio Apartment in Park 100 is at King's Reserve College Park 55+ Active Living listed at $1,025.

How much is rent for a Cheap One Bedroom Park 100 Apartment?

The lowest price for a Cheap One Bedroom Park 100 Apartment is $810 at Carlton Apartments.

What is the lowest price for a Cheap Two Bedroom Park 100 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Park 100 is starting from $1,010 at The Elliott at College Park Apartment Homes.

What is the most affordable Park 100 Three Bedroom Apartment?

The best deal on a cheap Park 100 Three Bedroom Apartment rental is at Covered Bridge and starts from $1,249.

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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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.

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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.

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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.

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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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.