
Cheap Homes for Rent in Reagan Park Neighborhood of Indianapolis, IN from $700 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Reagan Park area of Indianapolis.


410 E 16th St

125 E 17th St

125 E 17th St

2805 Boulevard Pl
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.

2060 N Delaware St

2060 N Delaware St

1644 Dr Andrew J Brown Ave

Spacious 2 Bedroom Half Double

2937 N Kenwood Ave
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.

2219 Hovey St

2307 N Kenwood Ave

2243 N Kenwood Ave

2345 N Kenwood Ave

1643 Columbia Ave
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

412 E 16th St

2956 Ruckle St
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 | $1,651 | $845 | $2,550 |
| Reagan Park 3 Bedroom Homes for Rent | $1,794 | $1,025 | $2,950 |
| Reagan Park 4 Bedroom Homes for Rent | $4,158 | $1,500 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 1 mile radius of the Reagan Park Neighborhood of Indianapolis, IN.
Explore 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 |
Best Value Apartments for Rent in Reagan Park, IN
As of February 18, 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 |
| The Washington | 2 Bedroom | 2BR,1BA | $1.47 |
| College Manor | 1 BR | 1BR,1BA | $1.57 |
| Utomin Apartments | 2 Bedroom | 2BR,1BA | $1.50 |
| Traymore Apartments | One Bedroom | 1BR,1BA | $1.54 |
| The Whitaker | One Bedroom | 1BR,1BA | $1.46 |
| Madison Apartments | One bedroom | 1BR,1BA | $1.61 |
Frequently Asked Questions about Reagan Park
What type of rentals are currently available in Reagan Park?
There are currently 167 Apartments for Rent in Reagan Park, IN with pricing that ranges from $497 to $3,499. There are also 77 Single Family Homes for rent, Condos, and Townhome rentals currently available in Reagan Park ranging from $750 to $12,000.
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 $12,000 with an average monthly rent of $2,265.
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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.