Cheap Homes for Rent in Reagan Park Neighborhood of Indianapolis, IN from $700 (22 Rentals)

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

property at 140 E 19th St

140 E 19th 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.

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property at 410 E 16th St

410 E 16th St

IndianapolisIN46202

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Showing Results 1-22, Page 1 of 1

Reagan Park, Indianapolis, IN Local Guide

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 $705. The Whitaker has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Reagan Park apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
INDY FLATSSherwood Std DStudio,1BA$705
The WhitakerOne Bedroom1BR,1BA$895
Priscilla on PennsylvaniaStudio- 1st Floor CornerStudio,1BA$899
Madison ApartmentsOne bedroom1BR,1BA$925
1010 CentralLoft 50%1BR,1BA$956

Best Value Apartments for Rent in Reagan Park, IN

As of November 11, 2025 the best value apartment in the Reagan Park area is the $1.61 price per square foot 1924 N Talbott St Model at 1924 N Talbott St, Unit 1 in the in the Near North Indianapolis neighborhood starting from $1,700. The second greatest value Reagan Park apartment is the Raleigh 2B 1004 Model at Raleigh starting at $1,600 with a $1.59 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1924 N Talbott St, Unit 11924 N Talbott St2BR,2.5BA$1.61
RaleighRaleigh 2B 10042BR,2BA$1.59
PavillionTwo Bedrooms, One Bathroom2BR,1BA$1.41
Colmar ApartmentsFront One Bedroom1BR,1BA$1.53
Van DykeVan Dyke 1B 8301BR,1BA$1.55
The Parkview3041BR,1BA$1.46
The Washington2 Bedroom2BR,1BA$1.47
College Manor1 BR1BR,1BA$1.48
The WhitakerOne Bedroom1BR,1BA$1.49
Traymore ApartmentsOne Bedroom1BR,1BA$1.60

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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Quick Rent Budget Calculator

How much rent can you afford?

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.

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Pet Friendly Lifestyle
Reagan Park, Indianapolis, IN

Ranked #55

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 Reagan Park

What type of rentals are currently available in Reagan Park?

There are currently 172 Apartments for Rent in Reagan Park, IN with pricing that ranges from $581 to $10,686. There are also 107 Single Family Homes for rent, Condos, and Townhome rentals currently available in Reagan Park ranging from $750 to $3,750.

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 $3,750 with an average monthly rent of $1,820.

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 $1,395 to $3,499, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $3,750. Four Bedroom Single-Family rentals are also available starting from $1,095 and Four Bedroom Apartments start at $3,997.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.