
Cheap Homes for Rent in Ravenswood Neighborhood of Indianapolis, IN from $600 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Ravenswood area of Indianapolis.


2113 Pamela Dr
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.

6721 Riverfront Ave, Unit Studio

6914 N Keystone Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Ravenswood, Indianapolis, IN Local Guide

How much does it cost to rent a home in Ravenswood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ravenswood 2 Bedroom Homes for Rent | $1,995 | $1,495 | $2,599 |
| Ravenswood 3 Bedroom Homes for Rent | $2,322 | $1,750 | $3,400 |
| Ravenswood 4 Bedroom Homes for Rent | $2,250 | $2,000 | $2,500 |
| Ravenswood 5 Bedroom Homes for Rent | $7,900 | $7,900 | $7,900 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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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Best Value Apartments for Rent in Ravenswood, IN
As of December 20, 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 |
| 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 | $1.24 |
| Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.52 |
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.
Read ArticleThe 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.
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 #35
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Ravenswood
What type of rentals are currently available in Ravenswood?
There are currently 56 Apartments for Rent in Ravenswood, IN with pricing that ranges from $842 to $5,274. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ravenswood ranging from $650 to $7,900.
What is the current price range for Rental Homes in Ravenswood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Ravenswood ranges from $650 to $7,900 with an average monthly rent of $2,739.
How much are larger Three and Four Bedroom Rentals in Ravenswood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Ravenswood range from $1,275 to $5,067, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,700.
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.
Articles, How-To's, and Tips

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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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