
Apartments for Rent in the Thirty-Eighth & Franklin Neighborhood of Indianapolis, IN Under $1,500 (26 Rentals)


Kingston Square Apartments

Serenity Park Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Shadeland Terrace Townhomes w/Basements

The Fort Apartments

Harrison Point Apartments

Indy Town Apartments

The Otis at Fort Ben Apartments

Paragon Park

Reserve at Franklin Glen

Apartments @ Marten Court
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Autumn Trails Apartments

3901 Chateau Dr

4 Bedroom Split Foyer on East Side

8302 E 36th St

3943 Marseille Rd

3826 Ireland Dr

8537 E 42nd Pl
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

7657 E 35th St

8828 E 41st Pl
Thirty-Eighth & Franklin - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
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 | $884 | $749 | $1,050 |
Thirty-Eighth & Franklin 1 Bedroom Apartments | $1,294 | $700 | $1,609 |
Thirty-Eighth & Franklin 2 Bedroom Apartments | $1,328 | $899 | $1,970 |
Thirty-Eighth & Franklin 3 Bedroom Apartments | $1,657 | $1,350 | $2,260 |
Thirty-Eighth & Franklin 4 Bedroom Apartments | $2,855 | $1,920 | $3,790 |
Browse Apartments in this Neighborhood
There are currently 26 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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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.
Frequently Asked Questions about Thirty-Eighth & Franklin
How much are Studio apartments in Thirty-Eighth & Franklin?
There are currently 3 Studio Apartments in Thirty-Eighth & Franklin with rent ranges from $749 to $1,050 with an average price of $884.
What is the current price range for One Bedroom Thirty-Eighth & Franklin Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Thirty-Eighth & Franklin ranges from $700 to $1,609 with an average monthly rent of $1,294.
What does renting a Two Bedroom Apartment in Thirty-Eighth & Franklin cost?
The monthly rent prices of Two Bedroom Apartments currently available in Thirty-Eighth & Franklin range from $899 to $1,970. Today's average rental price for Two Bedrooms here is $1,328.
How expensive are Thirty-Eighth & Franklin Three Bedroom Apartments?
There are currently 10 Three Bedroom Apartments listings available in Thirty-Eighth & Franklin on ApartmentHomeLiving.com. The pricing ranges from $1,350 to $2,260 - averaging $1,657 for the location.
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.