Cheap Homes for Rent in Ravenswood Neighborhood of Indianapolis, IN from $700 (14 Rentals)

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

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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 Summit at Keystone priced from $899. 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
Summit at KeystoneThe Aspen1BR,1BA$899
Wellington Square Apartments1BR/1BA1BR,1BA$926
Jade North ApartmentsPlan G1BR,1BA$950
Williamsburg NorthAshland1BR,1BA$950
A62 ApartmentsLePetit1BR,1BA$999

Best Value Apartments for Rent in Ravenswood, IN

As of July 28, 2025 the best value apartment in the Ravenswood area is the $1.08 price per square foot Two Bedroom with Bonus Room (7176B2) Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,375. 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 MeridianTwo Bedroom with Bonus Room (7176B2)2BR,2BA$1.08
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.19
Somerset LakesHarmony: Three Bedroom Apartment3BR,2BA$1.15
River CrossingRiverhouse3BR,2BA$1.55
Edgewater Apartments2 Bedroom 2 Bath End Unit2BR,2BA$1.10
Monon LivingMonon Place II - 1 Bedroom1BR,1BA$1.55
Williamsburg NorthAshland1BR,1BA$1.21
Jade North ApartmentsPlan G1BR,1BA$1.29
Summit at KeystoneThe Aspen1BR,1BA$1.28
Wellington Square Apartments1BR/1BA1BR,1BA$1.35

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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 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ravenswood ranging from $725 to $3,500.

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 $725 to $3,500 with an average monthly rent of $1,723.

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 $4,167, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,375 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,800 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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.