
Cheap Apartments for Rent in the Raymond Park Neighborhood of Indianapolis, IN from $400 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Raymond Park area of Indianapolis.


Total Monthly Price
Indy 7925

Total Monthly Price
The 85Twenty

The Life at Belhaven Place

Helen Louise Apartments LP
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School 85

Stratford Place Apartments

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Abbey Meadows

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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 | $1,062 | $874 | $1,250 |
| Raymond Park 1 Bedroom Apartments | $1,136 | $850 | $1,376 |
| Raymond Park 2 Bedroom Apartments | $1,387 | $1,075 | $1,659 |
| Raymond Park 3 Bedroom Apartments | $1,604 | $1,425 | $1,761 |
| Raymond Park 4 Bedroom Apartments | $1,728 | $1,585 | $1,800 |
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.
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Cheapest Available Raymond Park Apartments for Rent
 The cheapest available apartment rental in the Raymond Park area of Indianapolis, IN is a Studio unit found at D&T Nest priced from $575. English Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Raymond Park apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| D&T Nest | 0 Bedroom 1 Bath - 23033 | Studio,1BA | $575 |
| English Village Apartments | Classic One Bedroom Apartment Home | 1BR,1BA | $850 |
| Indy 7925 | A1- 1x1 | 1BR,1BA | $1,045 |
Best Value Apartments for Rent in Raymond Park, IN
As of March 12, 2026 the best value apartment in the Raymond Park area is the $1.04 price per square foot 7302 East Washington Street Model at 7302 East Washington Street, Unit A in the in the Southeast Indianapolis neighborhood starting from $1,250. The second greatest value Raymond Park apartment is the A Model at School 85 starting at $1,159 with a $1.21 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. |
|---|---|---|---|
| 7302 East Washington Street, Unit A | 7302 East Washington Street | Studio ,1.5BA | $1.04 |
| School 85 | A | 1BR,1BA | $1.21 |
| The Life at Belhaven Place | 2 Bed 2 Bath | 2BR,2BA | $1.25 |
| The 85Twenty | A1-SR | 1BR,1BA | $1.75 |
| English Village Apartments | Premium Two Bedroom Apartment Home | 2BR,1BA | $1.49 |
| Indy 7925 | A1R- 1x1 | 1BR,1BA | $1.64 |
| Stonehenge | One Bed One Bath | 1BR,1BA | $1.82 |
| D&T Nest | 0 Bedroom 1 Bath - 23033 | Studio ,1BA | $2.13 |
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 English Village Apartments which is listed at $850, while the average apartment in Raymond Park costs $1,800.
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 7 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 $557 which is $1,243 cheaper than the average rent for all rentals in Raymond Park.
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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