
Cheap Apartments for Rent in the Ravenswood Neighborhood of Indianapolis, IN from $600 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Ravenswood area of Indianapolis.


Lincolnshire Broad Ripple

Jade North Apartments

Williamsburg North

River House

A62 Apartments
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Chateau in the Woods

Shore Acres

Broad Ripple Flats

6721 Riverfront Ave, Unit Studio

Monon Living

River Crossing
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Somerset Lakes

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Lake Clearwater Apartments

The Coil
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VITRA Apartments

6134 Hillside Ave

Monon Park, Managed by Buckingham Monon Living
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2113 Pamela Dr
Ravenswood, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Ravenswood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ravenswood Studio Apartments | $1,458 | $875 | $5,274 |
| Ravenswood 1 Bedroom Apartments | $1,549 | $842 | $3,870 |
| Ravenswood 2 Bedroom Apartments | $1,924 | $1,000 | $3,870 |
| Ravenswood 3 Bedroom Apartments | $2,152 | $1,275 | $5,067 |
| Ravenswood 4 Bedroom Apartments | $1,800 | $1,700 | $1,900 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Ravenswood Neighborhood of Indianapolis, IN.
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Ravenswood, Indianapolis, IN Local Guide
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Cheapest Available Ravenswood Apartments for Rent
 The cheapest available apartment rental in the Ravenswood area of Indianapolis, IN is a 1 Bed unit found at Monon Park, Managed by Buckingham Monon Living priced from $686. Wellington Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $842. Here are the most affordable Ravenswood apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Monon Park, Managed by Buckingham Monon Living | 1 Bed 1 Bath | 1BR,1BA | $686 |
| Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $842 |
| Lincolnshire Broad Ripple | Studio Upper Levels | Studio,1BA | $875 |
| A62 Apartments | LePetit | 1BR,1BA | $899 |
| Jade North Apartments | Plan F | Studio,1BA | $900 |
| Williamsburg North | Ashland | 1BR,1BA | $950 |
| River House | Kingsley | Studio,1BA | $956 |
| Summit at Keystone | The Breckinridge | 2BR,1BA | $997 |
| Chateau in the Woods | 1 Bd/1 Ba Sm ABY | 1BR,1BA | $1,044 |
| Northview | Beacon | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Ravenswood, IN
As of December 27, 2025 the best value apartment in the Ravenswood area is the $1.18 price per square foot 7176B1 Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,599. The second greatest value Ravenswood apartment is the 2 Bed, 2.5 Bath, 2 car Garage Townhome Model at Townes at Winthrop starting at $2,200 with a $1.19 price per square foot in the Warfleigh neighborhood. Here is today’s list of the best values for Ravenswood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pinnacle on Meridian | 7176B1 | 2BR,2BA | $1.18 |
| Townes at Winthrop | 2 Bed, 2.5 Bath, 2 car Garage Townhome | 2BR,2.5BA | $1.19 |
| Park 66 Flats | Palmer | 2BR,2BA | $1.52 |
| Edgewater Apartments | 2 Bedroom | 2BR,2BA | $1.40 |
| Somerset Lakes | Retreat: One Bedroom Apartment | 1BR,1BA | $1.23 |
| Broad Ripple Flats | Upgraded 1, 2 and 2.15 bath apartments | 2BR,1BA | $1.38 |
| Williamsburg North | Ashland | 1BR,1BA | $1.21 |
| Summit at Keystone | The Aspen | 1BR,1BA | $1.43 |
| Jade North Apartments | Plan F | Studio ,1BA | $1.45 |
| Monon Park, Managed by Buckingham Monon Living | 1 Bed 1 Bath | 1BR,1BA | $1.14 |
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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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 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.
Pet Friendly LifestyleRavenswood, Indianapolis, IN
Ranked #44
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Ravenswood, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Ravenswood Apartments
What is the Cheapest Studio apartment in Ravenswood?
Currently the most affordable Cheap Studio Apartment in Ravenswood is at Lincolnshire Broad Ripple listed at $875.
How much is rent for a Cheap One Bedroom Ravenswood Apartment?
The lowest price for a Cheap One Bedroom Ravenswood Apartment is $686 at Monon Park, Managed by Buckingham Monon Living.
What is the lowest price for a Cheap Two Bedroom Ravenswood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Ravenswood is starting from $997 at Summit at Keystone.
What is the most affordable Ravenswood Three Bedroom Apartment?
The best deal on a cheap Ravenswood Three Bedroom Apartment rental is at Summit at Keystone and starts from $1,209.
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

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.

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.

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.
Articles, How-To's, and Tips

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How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!






