Cheap Apartments for Rent in the Saddlebrook Neighborhood of Indianapolis, IN from $400 (100 Rentals)

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

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 1857 W 60th St

$999 - $1,099

2 Bedroom Rentals

Available Now

1857 W 60th St

IndianapolisIN46228
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828 W Roache St, Unit TBD
$1,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000
2 Bedroom Apartment Available Now

828 W Roache St, Unit TBD

828 W Roache StIndianapolis, IN 46208
Affordability
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property at 3450 Graceland Ave

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075
Total Monthly Price
$1,075

3 Bedroom, 1 Bath Townhome for Rent

Available Now

3450 Graceland Ave

IndianapolisIN46208

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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property at 4155 Graceland Ave

$1,100 - $2,400

1 To 4 Bedroom Homes for Rent

Available Now

4155 Graceland Ave

IndianapolisIN46208
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5841 W 25th St, Unit 1 or 4
$1,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100
2 Bedroom Apartment Available Jun 10

5841 W 25th St, Unit 1 or 4

5841 W 25th StIndianapolis, IN 46224
Affordability

Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

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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 Cambridge Commons priced from $759. Garden Pointe Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Saddlebrook apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Cambridge CommonsStudioStudio,1BA$759
Garden Pointe ApartmentsLily StudioStudio,1BA$795
Rosewood CommonsOne Bed One Bath1BR,1BA$849
Covered BridgeOne Bedroom One Bath1BR,1BA$849
The Fields Apartment Homes1x1 Classic1BR,1BA$849
The Life at White PinesPINE1BR,1BA$849
Waterfront Terrace1 Bed 1 Bath1BR,1BA$850
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$865
The Cedars Apartment HomesStudio Apartment - ClassicStudio,1BA$879
Woods at Oak CrossingOne Bedroom One Bath1BR,1BA$880

Best Value Apartments for Rent in Saddlebrook, IN

As of June 07, 2026 the best value apartment in the Saddlebrook area is the $1.17 price per square foot 2Bed/2Ba-Up (H) Model at Meridian Lakes in the in the Faith Knoll neighborhood starting from $1,334. The second greatest value Saddlebrook apartment is the 2 Bedroom Townhome Model at Lake Camelot Apartments starting at $1,113 with a $1.01 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.
Meridian Lakes2Bed/2Ba-Up (H)2BR,2BA$1.17
Lake Camelot Apartments2 Bedroom Townhome2BR,2BA$1.01
The AbbyThe Berkshire2BR,2BA$1.18
The Maywood at SpeedwayThe Concord2BR,1BA$1.17
Brickyard FlatsB12BR,1BA$1.21
828 W Roache St, Unit TBD828 W Roache St2BR,1BA$1.23
The Life at Northwest Gardens2 BED 1 BATH2BR,1BA$1.22
Woods at Oak CrossingOne Bedroom One Bath1BR,1BA$1.14
Covered BridgeOne Bedroom One Bath1BR,1BA$1.21
The Life at White PinesPINE1BR,1BA$1.22

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
Saddlebrook, Indianapolis, IN

Ranked #162

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 the Cheapest Studio apartment in Saddlebrook?

Currently the most affordable Cheap Studio Apartment in Saddlebrook is at Cambridge Commons listed at $759.

How much is rent for a Cheap One Bedroom Saddlebrook Apartment?

The lowest price for a Cheap One Bedroom Saddlebrook Apartment is $825 at Cambridge Commons.

What is the lowest price for a Cheap Two Bedroom Saddlebrook Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Saddlebrook is starting from $929 at The Meridian North and South.

What is the most affordable Saddlebrook Three Bedroom Apartment?

The best deal on a cheap Saddlebrook Three Bedroom Apartment rental is at Estates at Crystal Bay and starts from $1,149.

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

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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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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.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

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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.

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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

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.