Cheap Apartments for Rent in the Park 100 Neighborhood of Indianapolis, IN from $600 (10 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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Slate Run Lofts
Studio to 2 Bedroom Apartments

Slate Run Lofts

9555 International DrIndianapolis, IN 46268
  • Smoke Free
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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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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 Studio unit found at King's Reserve College Park 55+ Active Living priced from $699. Carlton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Park 100 apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
King's Reserve College Park 55+ Active LivingStudio KingStudio,1BA$699
Carlton ApartmentsVilla1BR,1BA$800
Covered BridgeOne Bedroom One Bath1BR,1BA$829

Best Value Apartments for Rent in Park 100, IN

As of April 28, 2026 the best value apartment in the Park 100 area is the $1.10 price per square foot Two Bedroom Two Bathroom (C3M) Model at Westbury Court in the in the Spring Arbor neighborhood starting from $1,172. The second greatest value Park 100 apartment is the 2 Bedrooms, 2 Bathrooms Model at Bishop Pond Apartments starting at $1,425 with a $1.58 price per square foot in the Faith Knoll 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.
Westbury CourtTwo Bedroom Two Bathroom (C3M)2BR,2BA$1.10
Bishop Pond Apartments2 Bedrooms, 2 Bathrooms2BR,2BA$1.58
Lake Camelot Apartments2 Bedroom Garden2BR,1BA$1.07
The Elliott at College Park Apartment HomesOne Bedroom1BR,1BA$1.50
Covered BridgeOne Bedroom One Bath1BR,1BA$1.18
Oak Lake at Crooked CreekCanopy1BR,1BA$1.64
Slate Run Lofts and Apartments1 Bed/1 Ba-Apts1BR,1BA$1.70
AnnhurstOne Bed One Bath1BR,1BA$1.47
The Towers at Crooked Creek Senior Housing1BD1BR,1BA$1.82
Carlton ApartmentsVilla1BR,1BA$1.70

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.

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The 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.

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Cash 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.

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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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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 #170

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 a cheap apartment in Park 100?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Park 100 is under $1,099.

What is the price of a cheap apartment in Park 100?

The cheapest apartment in Park 100 is Carlton Apartments which is listed at $800, while the average apartment in Park 100 costs $1,474.

What types of apartments are the cheapest in Park 100?

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 12 regular apartments in Park 100 that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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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.