Apartments for Rent in the Reagan Park Neighborhood of Indianapolis, IN Under $500 (1 Rental)
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,170 | $585 | $3,684 |
Reagan Park 1 Bedroom Apartments | $1,562 | $740 | $3,797 |
Reagan Park 2 Bedroom Apartments | $2,352 | $900 | $9,703 |
Reagan Park 3 Bedroom Apartments | $2,711 | $1,325 | $5,624 |
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Reagan Park, Indianapolis, IN Local Guide
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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.
Frequently Asked Questions about Reagan Park
How much are Studio apartments in Reagan Park?
There are currently 43 Studio Apartments in Reagan Park with rent ranges from $585 to $3,684 with an average price of $1,170.
What is the current price range for One Bedroom Reagan Park Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Reagan Park ranges from $740 to $3,797 with an average monthly rent of $1,562.
What does renting a Two Bedroom Apartment in Reagan Park cost?
The monthly rent prices of Two Bedroom Apartments currently available in Reagan Park range from $900 to $9,703. Today's average rental price for Two Bedrooms here is $2,352.
How expensive are Reagan Park Three Bedroom Apartments?
There are currently 12 Three Bedroom Apartments listings available in Reagan Park on ApartmentHomeLiving.com. The pricing ranges from $1,325 to $5,624 - averaging $2,711 for the location.
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
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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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.