Cheap Apartments for Rent in the Raymond Park Neighborhood of Indianapolis, IN from $400 (10 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Raymond Park area of Indianapolis.

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Indy 7925
Rent Specials
$1,248 - $1,905
Total Monthly Price

Total Monthly Price

Base Rent
$1,248 - $1,905

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Indy 7925

7925 Palawan DrIndianapolis, IN 46239
Corporate Housing
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The 85Twenty
Rent Specials
$1,245 - $1,806
Total Monthly Price

Total Monthly Price

Base Rent
$1,245 - $1,806

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The 85Twenty

8520 Sierra Ridge DrIndianapolis, IN 46239
Corporate Housing
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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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School 85
1 to 2 Bedroom Apartments

School 85

338 S Arlington AveIndianapolis, IN 46219
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SUITES OF IRVINGTON
Studio to 2 Bedroom Apartments

SUITES OF IRVINGTON

5730 E Washington StIndianapolis, IN 46219
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Abbey Meadows
2 Bedroom Apartments

Abbey Meadows

259 N Shortridge RdIndianapolis, IN 46219
  • Utilities Included
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Franklin Cove
1 to 4 Bedroom Apartments

Franklin Cove

8505 Faywood DrIndianapolis, IN 46239
  • Utilities Included

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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 1 Bed unit found at English Village Apartments priced from $850. Stonehenge has the second lowest priced unit, which is a Studio apartment currently listed from $859. Here are the most affordable Raymond Park apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
English Village ApartmentsClassic One Bedroom Apartment Home1BR,1BA$850
StonehengeStudioStudio,1BA$859
The Life at Belhaven Place2 Bed 2 Bath2BR,2BA$1,145

Best Value Apartments for Rent in Raymond Park, IN

As of June 16, 2026 the best value apartment in the Raymond Park area is the $1.24 price per square foot F 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 ListingModel NameBed/BathPrice Per Sq.Ft.
School 85F2BR,2BA$1.24
7302 East Washington Street, Unit A7302 East Washington StreetStudio ,1.5BA$1.04
The Life at Belhaven Place2 Bed 2 Bath2BR,2BA$1.25
The 85TwentyA1-SR1BR,1BA$1.70
English Village ApartmentsPremium Two Bedroom Apartment Home2BR,1BA$1.49
Indy 7925A1R- 1x11BR,1BA$2.02
StonehengeStudioStudio ,1BA$2.98

Frequently Asked Questions about Cheap Raymond Park Apartments

What is the Cheapest Studio apartment in Raymond Park?

Currently the most affordable Cheap Studio Apartment in Raymond Park is at Stonehenge listed at $859.

How much is rent for a Cheap One Bedroom Raymond Park Apartment?

The lowest price for a Cheap One Bedroom Raymond Park Apartment is $850 at English Village Apartments.

What is the lowest price for a Cheap Two Bedroom Raymond Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Raymond Park is starting from $1,075 at English Village Apartments.

What is the most affordable Raymond Park Three Bedroom Apartment?

The best deal on a cheap Raymond Park Three Bedroom Apartment rental is at The Life at Belhaven Place and starts from $1,425.

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.

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