Cheap Apartments for Rent in the Ravenswood Neighborhood of Indianapolis, IN from $800 (35 Rentals)

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

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Shore Acres
Studio to 3 Bedroom Apartments

Shore Acres

1105 Westfield Ct WIndianapolis, IN 46240
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Monon Walk Apartments
Studio to 1 Bedroom Apartments

Monon Walk Apartments

6115 Winthrop AveIndianapolis, IN 46220
  • Utilities Included

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Northview
Studio to 2 Bedroom Apartments

Northview

8607 Cholla RdIndianapolis, IN 46240
Showing Results 1-35, Page 1 of 1

Ravenswood, Indianapolis, IN Local Guide

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 Lincolnshire Apartments priced from $875. Summit at Keystone has the second lowest priced unit, which is a 1 Bed apartment currently listed from $921. Here are the most affordable Ravenswood apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Lincolnshire Apartments1 Bedroom Garden Level1BR,1BA$875
Summit at KeystoneThe Aspen1BR,1BA$921
Wellington Square Apartments1BR/1BA1BR,1BA$926
Williamsburg NorthAshland1BR,1BA$950
Chateau in the Woods1 Bd/1 Ba Sm ABY1BR,1BA$999
Monon Park, Managed by Buckingham Monon Living1 Bed 1 Bath1BR,1BA$1,046
River HouseEvanstonStudio,1BA$1,061
Shore AcresStudioStudio,1BA$1,104
Jade North ApartmentsPlan H2BR,1BA$1,104
NorthviewMarina1BR,1BA$1,134

Best Value Apartments for Rent in Ravenswood, IN

As of March 14, 2026 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Pinnacle on Meridian7176B12BR,2BA$1.18
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.19
Somerset LakesSanctuary: Two Bedroom Apartment2BR,2BA$1.07
Jade North ApartmentsPlan E3BR,1.5BA$1.12
Edgewater Apartments1 Bedroom1BR,1BA$1.41
Broad Ripple Flats2x12BR,1BA$1.38
Williamsburg NorthAshland1BR,1BA$1.21
Chateau in the Woods1 Bd/1 Ba Sm WD RHN1BR,1BA$1.52
Summit at KeystoneThe Aspen1BR,1BA$1.32
Wellington Square Apartments1BR/1BA1BR,1BA$1.35

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

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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
Ravenswood, Indianapolis, IN

Ranked #51

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 River House listed at $1,061.

How much is rent for a Cheap One Bedroom Ravenswood Apartment?

The lowest price for a Cheap One Bedroom Ravenswood Apartment is $875 at Lincolnshire Apartments.

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 $991 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 $1,211.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.