Cheap Homes for Rent in Ravenswood Neighborhood of Indianapolis, IN from $600 (8 Rentals)

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

property at 5850 Primrose Ave

5850 Primrose Ave

IndianapolisIN46220

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.

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

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 Broad Ripple priced from $875. Wellington Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $926. Here are the most affordable Ravenswood apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Lincolnshire Broad RippleStudio Upper Levels1BR,1BA$875
Wellington Square Apartments1BR/1BA1BR,1BA$926
Jade North ApartmentsPlan G1BR,1BA$950

Best Value Apartments for Rent in Ravenswood, IN

As of September 12, 2025 the best value apartment in the Ravenswood area is the $0.95 price per square foot 7176B1 Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,099. 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$0.95
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.19
Somerset LakesLeisure: One Bedroom Apartment With Den1BR,1BA$1.31
Summit at KeystoneThe Vail3BR,1BA$1.28
Edgewater Apartments2 Bedroom2BR,2BA$1.26
Broad Ripple Flats2x12BR,1BA$1.38
Williamsburg NorthAshland1BR,1BA$1.21
Jade North ApartmentsPlan G1BR,1BA$1.29
Chateau in the Woods1 Bd/1 Ba Sm WD RHN1BR,1BA$1.56
Wellington Square Apartments1BR/1BA1BR,1BA$1.35

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Ravenswood, Indianapolis, IN

Ranked #36

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Ravenswood

What type of rentals are currently available in Ravenswood?

There are currently 53 Apartments for Rent in Ravenswood, IN with pricing that ranges from $842 to $5,274. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ravenswood ranging from $675 to $3,975.

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 $675 to $3,975 with an average monthly rent of $1,670.

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 $4,428, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $3,975. Four Bedroom Single-Family rentals are also available starting from $1,545 and Four Bedroom Apartments start at $1,700.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.