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$1,109 - $1,6611 to 3 Bedroom Apartments Available Now
Indy 7925
7925 Palawan DrIndianapolis, IN 46239
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.
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$1,169 - $1,6431 to 3 Bedroom Apartments Available Now
The 85Twenty
8520 Sierra Ridge DrIndianapolis, IN 46239
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Rent Specials
$899 - $1,0581 to 2 Bedroom Apartments Contact Us For Availability
English Village
545 English Village DrIndianapolis, IN 46239
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$950 - $1,8001 to 4 Bedroom Apartments Available Now
The Life at Belhaven Place
625 Belhaven PlIndianapolis, IN 46229
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$1,133 - $1,6101 to 2 Bedroom Apartments Available Now
School 85
338 S Arlington AveIndianapolis, IN 46219
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.
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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.
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 | $939 | $749 | $1,250 |
| Raymond Park 1 Bedroom Apartments | $1,140 | $899 | $1,284 |
| Raymond Park 2 Bedroom Apartments | $1,310 | $999 | $1,610 |
| Raymond Park 3 Bedroom Apartments | $1,584 | $1,425 | $1,661 |
| 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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Raymond Park, Indianapolis, IN Local Guide
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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 Stonehenge priced from $749. The Life at Belhaven Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Raymond Park apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stonehenge | Studio | Studio,1BA | $749 |
| The Life at Belhaven Place | 1 Bed 1 Bath | 1BR,1BA | $950 |
| Indy 7925 | B2- 2x2 | 2BR,2BA | $1,136 |
Best Value Apartments for Rent in Raymond Park, IN
As of November 03, 2025 the best value apartment in the Raymond Park area is the $1.05 price per square foot 233 Legends Creek Pl Model at 233 Legends Creek Pl in the in the Southeast Indianapolis neighborhood starting from $1,650. The second greatest value Raymond Park apartment is the 7302 East Washington Street Model at 7302 East Washington Street, Unit A starting at $1,250 with a $1.04 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. |
|---|---|---|---|
| 233 Legends Creek Pl | 233 Legends Creek Pl | 3BR,2BA | $1.05 |
| 7302 East Washington Street, Unit A | 7302 East Washington Street | Studio ,1.5BA | $1.04 |
| The Life at Belhaven Place | 2 Bed 2 Bath | 2BR,2BA | $1.25 |
| The 85Twenty | A1-SP | 1BR,1BA | $1.58 |
| Indy 7925 | A1R- 1x1 | 1BR,1BA | $1.65 |
| School 85 | B | 1BR,1BA | $1.67 |
| Stonehenge | Studio | Studio ,1BA | $2.60 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
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Pet Friendly LifestyleRaymond Park, Indianapolis, IN
Ranked #207
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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 a cheap apartment in Raymond Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Raymond Park is under $1,219.
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 $950, 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 8 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
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.
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!
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.