Cheap Homes for Rent in Saddlebrook Neighborhood of Indianapolis, IN from $700 (31 Rentals)

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

property at 4643 Rookwood Ave

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

3 Bedroom, 1.5 Bath Home for Rent

Available Now

4643 Rookwood Ave

IndianapolisIN46208
property at 4021 Clarendon Rd

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

4021 Clarendon Rd

IndianapolisIN46208

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.

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
property at 4155 Graceland Ave

$1,100 - $2,400

1 To 4 Bedroom Homes for Rent

Available Now

4155 Graceland Ave

IndianapolisIN46208

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.

property at 723 Clarendon Pl

$1,116

Total Monthly Price

Total Monthly Price

Base Rent
$1,116

Total Monthly Price
$1,116

2 Bedroom, 1 Bath Townhome for Rent

Available Aug 3

723 Clarendon Pl

IndianapolisIN46208
property at 707 Clarendon Pl

$1,116

Total Monthly Price

Total Monthly Price

Base Rent
$1,116

Total Monthly Price
$1,116

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

707 Clarendon Pl

IndianapolisIN46208

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.

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.

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 $725. Wildwood Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Saddlebrook apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Cambridge CommonsStudioStudio,1BA$725
Wildwood Village Apartments1 Bedroom 1 Bathroom1BR,1BA$750
Garden Pointe ApartmentsLily StudioStudio,1BA$795
Brickyard FlatsA21BR,1BA$812
The Meridian North and SouthA7S South1BR,1BA$814
Covered BridgeOne Bedroom One Bath1BR,1BA$829
The Meadows Apartment Homes1x1 Williamsburg Classic1BR,1BA$829
AnnhurstOne Bed One Bath1BR,1BA$849
The Life at White PinesPINE1BR,1BA$849
Waterfront Terrace1 Bed 1 Bath1BR,1BA$850

Best Value Apartments for Rent in Saddlebrook, IN

As of May 07, 2026 the best value apartment in the Saddlebrook area is the $1.03 price per square foot Lilac Model at Everly at Meridian Hills in the in the Faith Knoll neighborhood starting from $1,439. The second greatest value Saddlebrook apartment is the 3x2 Renovated Model at The Fields Apartment Homes starting at $1,579 with a $1.24 price per square foot in the Cheswick Place 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.
Everly at Meridian HillsLilac2BR,2BA$1.03
The Fields Apartment Homes3x2 Renovated3BR,2BA$1.24
Estates at Crystal BayThree Bedroom 1.5 Bath Townhouse 1150 sq ft3BR,1.5BA$1.00
Lake Camelot Apartments2 Bedroom Townhome2BR,2BA$1.01
Aura ApartmentsAUA21BR,1BA$0.98
Woods at Oak CrossingTwo Bedroom 1.5 Bath2BR,1.5BA$1.08
The AbbyThe Berkshire2BR,2BA$1.18
The Riverside Apartment Homes2x1 Townhome Upgrade2BR,1BA$1.24
Brickyard FlatsB12BR,1BA$1.21
Covered BridgeOne Bedroom One Bath1BR,1BA$1.18

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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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 #110

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Saddlebrook

What type of rentals are currently available in Saddlebrook?

There are currently 106 Apartments for Rent in Saddlebrook, IN with pricing that ranges from $659 to $2,119. There are also 128 Single Family Homes for rent, Condos, and Townhome rentals currently available in Saddlebrook ranging from $750 to $3,500.

What is the current price range for Rental Homes in Saddlebrook?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Saddlebrook ranges from $750 to $3,500 with an average monthly rent of $1,572.

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.

decorative image for Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters article

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

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.

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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

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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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.