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$769 - $1,4251 to 3 Bedroom Apartments Available Now
Serenity Park Apartments
9060 E 39th PlIndianapolis, IN 46235
Cheap Apartments for Rent in the Thirty-Eighth & Franklin Neighborhood of Indianapolis, IN from $500 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Thirty-Eighth & Franklin area of Indianapolis.
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Rent Specials
$819 - $1,599Studio to 3 Bedroom Apartments Available Now
Harrison Point Apartments
9093 Bourbon StIndianapolis, IN 46235
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$925 - $1,150
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$865 - $1,090
Required Monthly Fees
$60
Total Monthly Price
$925 - $1,150
Apartments @ Marten Court
7852 Marten Ct SIndianapolis, IN 46226
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$1,292 - $1,6362 to 4 Bedroom Apartments Contact Us For Availability
The Reserve at Franklin Glenn I LP
8016 Louisville DrIndianapolis, IN 46226
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.
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$749 - $999Studio to 2 Bedroom Apartments Available Now
Autumn Trails Apartments
7975 Red Mill DrIndianapolis, IN 46226
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$975 - $1,550
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$825 - $1,400
Required Monthly Fees
$150
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$975 - $1,550
Jamestowne Apartments
8917 Duxbury RdIndianapolis, IN 46226
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1 to 2 Bedroom Apartments
Lakes at Crossbridge
7925 Crossbridge DrIndianapolis, IN 46226
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1 to 3 Bedroom Apartments
Maison Gardens
8808 Rue Madeleine RueIndianapolis, IN 46226
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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Thirty-Eighth & Franklin, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Thirty-Eighth & Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Thirty-Eighth & Franklin Studio Apartments | $801 | $749 | $819 |
| Thirty-Eighth & Franklin 1 Bedroom Apartments | $839 | $769 | $975 |
| Thirty-Eighth & Franklin 2 Bedroom Apartments | $1,172 | $899 | $1,299 |
| Thirty-Eighth & Franklin 3 Bedroom Apartments | $1,545 | $1,425 | $1,599 |
| Thirty-Eighth & Franklin 4 Bedroom Apartments | $1,636 | $1,636 | $1,636 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Thirty-Eighth & Franklin Neighborhood of Indianapolis, IN.
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Thirty-Eighth & Franklin, Indianapolis, IN Local Guide
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Cheapest Available Thirty-Eighth & Franklin Apartments for Rent
The cheapest available apartment rental in the Thirty-Eighth & Franklin area of Indianapolis, IN is a Studio unit found at Autumn Trails Apartments priced from $749. Serenity Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $769. Here are the most affordable Thirty-Eighth & Franklin apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Autumn Trails Apartments | The Maple | Studio,1BA | $749 |
| Serenity Park Apartments | 1BR/1.0BA | 1BR,1BA | $769 |
| Apartments @ Marten Court | 1x1 | 1BR,1BA | $925 |
Best Value Apartments for Rent in Thirty-Eighth & Franklin, IN
As of February 28, 2026 the best value apartment in the Thirty-Eighth & Franklin area is the $1.23 price per square foot 2x1 with washer/dryer Model at Apartments @ Marten Court in the in the Southeast Indianapolis neighborhood starting from $1,150. The second greatest value Thirty-Eighth & Franklin apartment is the 2/1 Model at Jamestowne Apartments starting at $1,200 with a $1.39 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Thirty-Eighth & Franklin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.23 |
| Jamestowne Apartments | 2/1 | 2BR,1BA | $1.39 |
| Harrison Point Apartments | Ruby Reno | 2BR,1BA | $1.53 |
| Serenity Park Apartments | 1 Bedroom at Serenity Park | 1BR,1BA | $1.29 |
| Autumn Trails Apartments | The Maple | Studio ,1BA | $2.60 |
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.
Read ArticleCash 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.
Read ArticleYour 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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Pet Friendly LifestyleThirty-Eighth & Franklin, Indianapolis, IN
Ranked #100
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Thirty-Eighth & Franklin Apartments
How much is rent for a Cheap One Bedroom Thirty-Eighth & Franklin Apartment?
The lowest price for a Cheap One Bedroom Thirty-Eighth & Franklin Apartment is $769 at Serenity Park Apartments.
What is the lowest price for a Cheap Two Bedroom Thirty-Eighth & Franklin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Thirty-Eighth & Franklin is starting from $899 at Serenity Park Apartments.
What is the most affordable Thirty-Eighth & Franklin Three Bedroom Apartment?
The best deal on a cheap Thirty-Eighth & Franklin Three Bedroom Apartment rental is at Serenity Park Apartments and starts from $1,425.
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.
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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
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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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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.