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Cheap Apartments for Rent in the Raymond Park Neighborhood of Indianapolis, IN from $600 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Raymond Park area of Indianapolis.
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from $1,3421 to 3 Bedroom Apartments Available Now
The 85Twenty
8520 Sierra Ridge DrIndianapolis, IN 46239
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.
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from $1,0741 to 4 Bedroom Apartments Available Now
The Life at Belhaven Place
625 Belhaven PlIndianapolis, IN 46229
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from $1,1591 to 2 Bedroom Apartments Available Now
School 85
338 S Arlington AveIndianapolis, IN 46219
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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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 | $1,037 | $824 | $1,250 |
| Raymond Park 1 Bedroom Apartments | $1,334 | $1,074 | $1,500 |
| Raymond Park 2 Bedroom Apartments | $1,476 | $1,286 | $1,690 |
| Raymond Park 3 Bedroom Apartments | $1,724 | $1,387 | $1,999 |
| Raymond Park 4 Bedroom Apartments | $1,757 | $1,757 | $1,757 |
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
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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 $824. School 85 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,159. 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 | $824 |
| School 85 | Schoolhouse Flats in Irvington 1 bedroom Reserv... | 1BR,1BA | $1,159 |
| The Life at Belhaven Place | 3 Bed 2 Bath | 3BR,2BA | $1,387 |
Best Value Apartments for Rent in Raymond Park, IN
As of June 27, 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 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. |
|---|---|---|---|
| School 85 | Beautiful Renovated Historic Apartment - 2 bedr... | 2BR,2BA | $1.24 |
| 7302 East Washington Street, Unit A | 7302 East Washington Street | Studio ,1.5BA | $1.04 |
| The Life at Belhaven Place | 3 Bed 2 Bath | 3BR,2BA | $1.18 |
| The 85Twenty | C1-SR | 3BR,2BA | $1.48 |
| Indy 7925 | A1R- 1x1 | 1BR,1BA | $1.98 |
| Stonehenge | Studio | Studio ,1BA | $2.86 |
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Pet Friendly LifestyleRaymond Park, Indianapolis, IN
Ranked #207
Among neighborhoods in Indianapolis, IN 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 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 4 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 $594 which is $1,163 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.
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.
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.
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.