close
View Me
Cheap Apartments for Rent in the Raymond Park Neighborhood of Indianapolis, IN from $700 (10 Rentals)
Cheap Apartments in the Raymond Park area of Indianapolis.
close
View Me
from $1,1401 to 3 Bedroom Apartments Available Now
The 85Twenty
8520 Sierra Ridge DrIndianapolis, IN 46239
close
View Me
from $9241 to 4 Bedroom Apartments Available Now
The Life at Belhaven Place
625 Belhaven PlIndianapolis, IN 46229
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
close
View Me
from $1,1591 to 2 Bedroom Apartments Available Now
School 85
338 S Arlington AveIndianapolis, IN 46219
close
View Me
from $790Studio to 2 Bedroom Apartments Available Now
Serenity Manor 55+ Independent Senior Living
1123 N Edmondson AveIndianapolis, IN 46219
close
View Me
from $8451 to 2 Bedroom Apartments Available Now
Churchman Woods
5350 Churchman AveIndianapolis, IN 46203
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
close
View Me
from $1,0391 to 2 Bedroom Apartments Available Now
Historic Irvington Flats
222 S Downey AveIndianapolis, IN 46219
close
View Me
from $8911 to 4 Bedroom Apartments Contact Us For Availability
Park View at Beech Grove
3641 Dandelion AveIndianapolis, IN 46203
close
View Me
Raymond Park - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
close
View Me
Showing Results 1-10, Page 1 of 1
Raymond Park, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Raymond Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Raymond Park Studio Apartments | $819 | $749 | $990 |
| Raymond Park 1 Bedroom Apartments | $1,106 | $845 | $1,265 |
| Raymond Park 2 Bedroom Apartments | $1,227 | $700 | $1,610 |
| Raymond Park 3 Bedroom Apartments | $1,771 | $1,505 | $2,420 |
| Raymond Park 4 Bedroom Apartments | $1,876 | $1,426 | $2,465 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Raymond Park Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Raymond Park, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Raymond Park Apartments for Rent
The cheapest available apartment rental in the Raymond Park area of Indianapolis, IN is a 2 Beds unit found at The Aerie on 11th Street priced from $700. Stonehenge has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Raymond Park apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Aerie on 11th Street | 6260 East 11th Street - Apt 307 | 2BR,1BA | $700 |
| Stonehenge | Studio | Studio,1BA | $749 |
| The Life at Belhaven Place | 1 Bed 1 Bath | 1BR,1BA | $924 |
Best Value Apartments for Rent in Raymond Park, IN
As of May 06, 2025 the best value apartment in the Raymond Park area is the $1.24 price per square foot Beautiful Renovated Historic Apartment - 2 bedr... Model at School 85 in the in the Southeast Indianapolis neighborhood starting from $1,610. The second greatest value Raymond Park apartment is the B2R- 2x2 Model at Indy 7925 starting at $1,380 with a $1.46 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Raymond Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| School 85 | Beautiful Renovated Historic Apartment - 2 bedr... | 2BR,2BA | $1.24 |
| Indy 7925 | B2R- 2x2 | 2BR,2BA | $1.46 |
| The Aerie on 11th Street | 6260 East 11th Street - Apt 305 | 2BR,1BA | $0.82 |
| The 85Twenty | A1-LR | 1BR,1BA | $1.57 |
| Serenity Manor 55+ Independent Senior Living | 2 Bedroom/2 Bath | 2BR,2BA | $1.49 |
| The Life at Belhaven Place | 1 Bed 1 Bath | 1BR,1BA | $1.21 |
| Churchman Woods | 2 BEDROOM | 2BR,1BA | $1.30 |
| Historic Irvington Flats | Beautiful Renovated Historic Apartment 1 bedroo... | 1BR,1BA | $1.60 |
| Stonehenge | Studio | Studio ,1BA | $2.60 |
Quick 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.
Let everyone know!
Do you know the Raymond Park area?
If you’re an expert on all things Raymond Park, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleRaymond Park, Indianapolis, IN
Ranked #161
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Raymond Park Neighborhood in Indianapolis, IN
Walk Score®
34 / 100
Car-Dependent
Most errands require a car
Bike Score®
34 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
11 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Raymond Park Apartments
What is the price of a cheap apartment in Raymond Park?
The cheapest apartment in Raymond Park is The Life at Belhaven Place which is listed at $924, while the average apartment in Raymond Park costs $1,880.
What types of apartments are the cheapest in Raymond Park?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 11 regular apartments in Raymond Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Raymond Park?
Cheap apartments in Raymond Park have an average cost of $292 which is $1,588 cheaper than the average rent for all rentals in Raymond Park.
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.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.