
Cheap Apartments for Rent in the Reagan Park Neighborhood of Indianapolis, IN from $400 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Reagan Park area of Indianapolis.


Total Monthly Price
The Sheldrake Apartments

INDY FLATS

The Stella

St. Agnes Apartments

125 E 17th St

The Whitaker

Priscilla on Pennsylvania
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2060 N Delaware St

St. James

Circle City

358 W 26th St

16 Park Apartments

INDY INDIE ARTIST COLONY

Northside Flats Apartments

Windsor
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The Jordan

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PICCADILLY

The Harrison

The Marleigh

1733 N. Meridian

Victoria Apartments

Monon Lofts
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Stonegate Apartments

Stetson Senior Apartments

Utomin Apartments

Broadway Heights

Raleigh
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Van Dyke
Reagan Park, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Reagan Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Reagan Park Studio Apartments | $974 | $595 | $1,518 |
| Reagan Park 1 Bedroom Apartments | $1,258 | $497 | $2,168 |
| Reagan Park 2 Bedroom Apartments | $1,708 | $900 | $2,617 |
| Reagan Park 3 Bedroom Apartments | $2,147 | $1,000 | $4,091 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 1 mile radius of the Reagan Park Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Cheapest Available Reagan Park Apartments for Rent
 The cheapest available apartment rental in the Reagan Park area of Indianapolis, IN is a Studio unit found at INDY FLATS priced from $655. St. Agnes Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $765. Here are the most affordable Reagan Park apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| INDY FLATS | Sherwood Std D | Studio,1BA | $655 |
| St. Agnes Apartments | Studio- Standard 2nd -5th* | Studio,1BA | $765 |
| The Whitaker | One Bedroom | 1BR,1BA | $875 |
| Priscilla on Pennsylvania | Studio- 1st Floor Corner | Studio,1BA | $899 |
| Madison Apartments | One bedroom | 1BR,1BA | $920 |
| Circle City | RAL-S500 | Studio,1BA | $970 |
| Utomin Apartments | 2 Bedroom | 2BR,1BA | $975 |
| 1010 Central | Garage 60% | 1BR,1BA | $999 |
| The Washington | 2 Bedroom | 2BR,1BA | $1,025 |
| Wesley Place | Peck | Studio,1BA | $1,049 |
Best Value Apartments for Rent in Reagan Park, IN
As of February 24, 2026 the best value apartment in the Reagan Park area is the $0.83 price per square foot 2322 Guilford Ave Model at 2322 Guilford Ave, Unit A in the in the Martindale neighborhood starting from $1,250. The second greatest value Reagan Park apartment is the Two Bed Two Bath Model at 2131 North starting at $1,525 with a $1.33 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for Reagan Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2322 Guilford Ave, Unit A | 2322 Guilford Ave | 3BR,1BA | $0.83 |
| 2131 North | Two Bed Two Bath | 2BR,2BA | $1.33 |
| Townhomes at Fall Creek Place | F | 2BR,1BA | $1.61 |
| Van Dyke | Van Dyke 1B 830 | 1BR,1BA | $1.55 |
| Apollo & Aurora Apartments | Upstairs | 1BR,1BA | $1.73 |
| The Washington | 2 Bedroom | 2BR,1BA | $1.47 |
| College Manor | 1 BR | 1BR,1BA | $1.57 |
| Utomin Apartments | 2 Bedroom | 2BR,1BA | $1.50 |
| Madison Apartments | One bedroom | 1BR,1BA | $1.61 |
| The Whitaker | One Bedroom | 1BR,1BA | $1.75 |
Frequently Asked Questions about Cheap Reagan Park Apartments
What is a cheap apartment in Reagan Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Reagan Park is under $1,049.
What is the price of a cheap apartment in Reagan Park?
The cheapest apartment in Reagan Park is INDY FLATS which is listed at $830, while the average apartment in Reagan Park costs $1,749.
What types of apartments are the cheapest in Reagan 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 36 regular apartments in Reagan 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 Reagan Park?
Cheap apartments in Reagan Park have an average cost of $183 which is $1,566 cheaper than the average rent for all rentals in Reagan 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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