Cheap Apartments for Rent in the Sunshine Gardens Neighborhood of Indianapolis, IN from $700 (11 Rentals)

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

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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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Horizons Apartments
$1,045 - $1,345
Total Monthly Price

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$1,045 - $1,345

Total Monthly Price
$1,045 - $1,345
1 to 4 Bedroom Apartments Available Now

Horizons Apartments

4955 Red Horizon BlvdIndianapolis, IN 46221
Affordability
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Lighthouse Landings
1 to 2 Bedroom Apartments

Lighthouse Landings

6640 Heron Neck DrIndianapolis, IN 46217
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Arborwood Apartments
1 to 4 Bedroom Apartments

Arborwood Apartments

6702 Trunk WayIndianapolis, IN 46221
Corporate Housing

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Deerfield Acres
3 Bedroom Apartments

Deerfield Acres

4000 Foltz StIndianapolis, IN 46221

Cheapest Available Sunshine Gardens Apartments for Rent

 

The cheapest available apartment rental in the Sunshine Gardens area of Indianapolis, IN is a 1 Bed unit found at Abbey Apartments - Affordable Senior Housing priced from $778. Meridian Court South has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Sunshine Gardens apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Abbey Apartments - Affordable Senior HousingOne Bedroom1BR,1BA$778
Meridian Court SouthHideaway 1 & 21BR,1BA$999
Horizons ApartmentsThe Aspiration2BR,1BA$1,045
Mann Village Apartments1 Bedroom Apartment1BR,1BA$1,058
Southern DunesEcho1BR,1BA$1,128

Best Value Apartments for Rent in Sunshine Gardens, IN

As of July 12, 2026 the best value apartment in the Sunshine Gardens area is the $1.31 price per square foot The Fern Model at Arborwood Apartments in the in the Airport District neighborhood starting from $1,571. The second greatest value Sunshine Gardens apartment is the 2Bed / 2Bath- Phase I Model at Aspen Lakes starting at $1,535 with a $1.28 price per square foot in the Southern Homes neighborhood. Here is today’s list of the best values for Sunshine Gardens apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Arborwood ApartmentsThe Fern3BR,2BA$1.31
Aspen Lakes2Bed / 2Bath- Phase I2BR,2BA$1.28
Dakota Ridge2FU2BR,2BA$1.30
Bluff Crossing Apartments2BR2BR,2BA$1.67
Lighthouse LandingsCape Elizabeth1BR,1BA$1.45
Horizons ApartmentsThe Aspiration2BR,1BA$1.39
Southern DunesEcho1BR,1BA$1.61
Mann Village Apartments1 Bedroom Apartment1BR,1BA$1.74
Abbey Apartments - Affordable Senior HousingOne Bedroom1BR,1BA$1.45
Meridian Court SouthGetaway1BR,1BA$1.98

Frequently Asked Questions about Cheap Sunshine Gardens Apartments

What is the price of a cheap apartment in Sunshine Gardens?

The cheapest apartment in Sunshine Gardens is Abbey Apartments - Affordable Senior Housing which is listed at $778, while the average apartment in Sunshine Gardens costs $1,817.

What types of apartments are the cheapest in Sunshine Gardens?

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 15 regular apartments in Sunshine Gardens 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 Sunshine Gardens?

Cheap apartments in Sunshine Gardens have an average cost of $339 which is $1,478 cheaper than the average rent for all rentals in Sunshine Gardens.

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.

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