Cheap Homes for Rent in Raymond Park Neighborhood of Indianapolis, IN from $1,600 (22 Rentals)

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

property at 3355 Blue Ash Ln

3355 Blue Ash Ln

IndianapolisIN46239

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

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Raymond Park, Indianapolis, IN Local Guide

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 $849. The Life at Belhaven Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,145. Here are the most affordable Raymond Park apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
StonehengeStudioStudio,1BA$849
The Life at Belhaven Place2 Bed 2 Bath2BR,2BA$1,145
Indy 7925A1- 1x11BR,1BA$1,146
School 85Schoolhouse Flats in Irvington 1 bedroom Reserv...1BR,1BA$1,159
The 85TwentyA1-L1BR,1BA$1,247

Best Value Apartments for Rent in Raymond Park, IN

As of August 30, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
School 85Beautiful Renovated Historic Apartment - 2 bedr...2BR,2BA$1.24
7302 East Washington Street, Unit A7302 East Washington StreetStudio ,1.5BA$1.04
The 85TwentyA1-LR1BR,1BA$1.69
The Life at Belhaven Place1 Bed 1 Bath1BR,1BA$1.65
Indy 7925A1R- 1x11BR,1BA$1.68
StonehengeStudioStudio ,1BA$2.95

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Raymond Park, Indianapolis, IN

Ranked #207

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Raymond Park

What type of rentals are currently available in Raymond Park?

There are currently 29 Apartments for Rent in Raymond Park, IN with pricing that ranges from $849 to $1,851. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Raymond Park ranging from $1,650 to $2,800.

What is the current price range for Rental Homes in Raymond Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Raymond Park ranges from $1,650 to $2,800 with an average monthly rent of $1,948.

How much are larger Three and Four Bedroom Rentals in Raymond Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Raymond Park range from $1,425 to $1,851, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $2,570. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $1,426.

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.

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.