Cheap Apartments for Rent in the Saddlebrook Neighborhood of Indianapolis, IN from $400 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Saddlebrook area of Indianapolis.

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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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Whispering Pines
1 to 3 Bedroom Apartments

Whispering Pines

4444 Mission DrIndianapolis, IN 46254
  • Utilities Included
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Brickyard Flats
Studio to 3 Bedroom Apartments

Brickyard Flats

6363 Hollister DrSpeedway, IN 46224

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.

Saddlebrook, Indianapolis, IN Local Guide

Cheapest Available Saddlebrook Apartments for Rent

 

The cheapest available apartment rental in the Saddlebrook area of Indianapolis, IN is a Studio unit found at The Stratford priced from $520. Rosewood Commons has the second lowest priced unit, which is a Studio apartment currently listed from $715. Here are the most affordable Saddlebrook apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The StratfordStudioStudio,1BA$520
Rosewood CommonsStudioStudio,1BA$715
Brickyard FlatsA21BR,1BA$787
Garden Pointe ApartmentsLily Studio UPStudio,1BA$795
The Riverside Apartment Homes1 Bedroom 1 Bath Apartment1BR,1BA$799

Best Value Apartments for Rent in Saddlebrook, IN

As of October 24, 2025 the best value apartment in the Saddlebrook area is the $1.12 price per square foot 5831 Suburban Dr Model at 5831 Suburban Dr, Unit Home For Rent in the in the Cheswick Place neighborhood starting from $2,695. The second greatest value Saddlebrook apartment is the Orchid Model at Everly at Meridian Hills starting at $1,779 with a $1.07 price per square foot in the Faith Knoll neighborhood. Here is today’s list of the best values for Saddlebrook apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5831 Suburban Dr, Unit Home For Rent5831 Suburban Dr5BR,2.5BA$1.12
Everly at Meridian HillsOrchid3BR,2BA$1.07
The Fields Apartment Homes3 Bedroom 2 Bath Apartment with dining3BR,2BA$1.00
The Meadows Apartment Homes3x1.5 Townhouse Premium3BR,1.5BA$1.20
Aura ApartmentsAUB2RENO2BR,1BA$1.17
Mansion Row - Where Historic Charm Meets Modern7178B1 Traditional 2x2 (1100 sqft)2BR,2BA$1.18
Wildwood Village Apartments2 Bedroom 2 Bathroom2BR,2BA$1.07
Covered BridgeOne Bedroom One Bath1BR,1BA$1.16
Lake Camelot Apartments1 Bedroom Garden1BR,1BA$1.17
The Life at White PinesPINE1BR,1BA$1.19

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
Saddlebrook, Indianapolis, IN

Ranked #138

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States including Saddlebrook, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Saddlebrook Apartments

What is a cheap apartment in Saddlebrook?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Saddlebrook is under $839.

What is the price of a cheap apartment in Saddlebrook?

The cheapest apartment in Saddlebrook is Brickyard Flats which is listed at $787, while the average apartment in Saddlebrook costs $2,695.

What types of apartments are the cheapest in Saddlebrook?

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 29 regular apartments in Saddlebrook 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 Saddlebrook?

Cheap apartments in Saddlebrook have an average cost of $105 which is $2,590 cheaper than the average rent for all rentals in Saddlebrook.

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.