2831 N Kenwood Ave
IndianapolisIN46208
Cheap Homes for Rent in Reagan Park Neighborhood of Indianapolis, IN from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Reagan Park area of Indianapolis.
close
View Me
$8791 Bedroom Apartments Available Now
2060 N Delaware St, Unit 6
2060 N Delaware StIndianapolis, IN 46202
1839 Talbott St
IndianapolisIN46202
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.
538 W 29th St
IndianapolisIN46208
538 W 29th St
IndianapolisIN46208
1661 N Talbott St
IndianapolisIN46202
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.
close
View Me
$1,1792 Bedroom Apartments Available Now
1661 N Talbott St, Unit 1
1661 N Talbott StIndianapolis, IN 46202
Showing Results 1-7, Page 1 of 1
Reagan Park, Indianapolis, IN Local Guide
How much does it cost to rent a home in Reagan Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Reagan Park 2 Bedroom Homes for Rent | $1,807 | $1,099 | $2,750 |
| Reagan Park 3 Bedroom Homes for Rent | $1,697 | $1,179 | $2,350 |
| Reagan Park 4 Bedroom Homes for Rent | $1,570 | $1,570 | $1,570 |
| Reagan Park 5 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 1 mile radius of the Reagan Park Neighborhood of Indianapolis, IN.
Explore Indianapolis
Let everyone know!
Do you know the Reagan Park area?
If you’re an expert on all things Reagan Park, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 The Sheldrake Apartments priced from $700. INDY FLATS has the second lowest priced unit, which is a Studio apartment currently listed from $705. Here are the most affordable Reagan Park apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Sheldrake Apartments | Studio Hybrid | Studio,1BA | $700 |
| INDY FLATS | Sherwood Std D | Studio,1BA | $705 |
| 1733 N. Meridian | 1BR | 1BR,1BA | $780 |
Best Value Apartments for Rent in Reagan Park, IN
As of July 04, 2026 the best value apartment in the Reagan Park area is the $1.67 price per square foot Two Bedrooms, One Bathroom Model at Pavilion Place in the in the Near North Indianapolis neighborhood starting from $1,495. The second greatest value Reagan Park apartment is the Van Dyke 1B 830 Model at Van Dyke starting at $1,290 with a $1.55 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. |
|---|---|---|---|
| Pavilion Place | Two Bedrooms, One Bathroom | 2BR,1BA | $1.67 |
| Van Dyke | Van Dyke 1B 830 | 1BR,1BA | $1.55 |
| 410 E 13th St, Unit B | 410 E 13th St | 1BR,1BA | $1.62 |
| 1733 N. Meridian | 1BR | 1BR,1BA | $1.04 |
| 1010 Central | Depot 60% | 1BR,1BA | $1.45 |
| College Manor | 1 BR | 1BR,1BA | $1.49 |
| St. James | One Bedroom - Sublevel | 1BR,1BA | $1.49 |
| Parkview Apartments LLC | 1 Bedroom 1 Bath - 35090 | 1BR,1BA | $1.58 |
| St. Agnes Apartments | One Bedroom Loft - 5th Floor* | 1BR,1BA | $1.54 |
| The Sheldrake Apartments | Studio Hybrid | Studio ,1BA | $1.54 |
Frequently Asked Questions about Reagan Park
What type of rentals are currently available in Reagan Park?
There are currently 166 Apartments for Rent in Reagan Park, IN with pricing that ranges from $544 to $5,273. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Reagan Park ranging from $750 to $5,500.
What is the current price range for Rental Homes in Reagan Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Reagan Park ranges from $750 to $5,500 with an average monthly rent of $2,106.
How much are larger Three and Four Bedroom Rentals in Reagan Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Reagan Park range from $799 to $3,862, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,179 to $2,350. Four Bedroom Single-Family rentals are also available starting from $1,570 and Four Bedroom Apartments start at $5,273.
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
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.
Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.