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Cheap Homes for Rent in Thirty-Eighth & Franklin Neighborhood of Indianapolis, IN from $1,200 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Thirty-Eighth & Franklin area of Indianapolis.
3619 Ireland Dr
IndianapolisIN46235
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4403 Dubarry Rd
IndianapolisIN46226
4345 Dubarry Rd
IndianapolisIN46226
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.
3535 Alpine Pl
IndianapolisIN46226
3605 N Sadlier Dr
IndianapolisIN46226
4108 Biscayne Rd
IndianapolisIN46226
3710 Chateau Ct
IndianapolisIN46226
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.
3 Bedroom 2 BA ranch freshly rehabbed
3507 Payton Ave
IndianapolisIN46226
Showing Results 1-10, Page 1 of 1
Thirty-Eighth & Franklin, Indianapolis, IN Local Guide
How much does it cost to rent a home in Thirty-Eighth & Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Thirty-Eighth & Franklin 2 Bedroom Homes for Rent | $1,310 | $1,310 | $1,310 |
| Thirty-Eighth & Franklin 3 Bedroom Homes for Rent | $1,492 | $1,225 | $1,945 |
| Thirty-Eighth & Franklin 4 Bedroom Homes for Rent | $1,362 | $1,250 | $1,475 |
| Thirty-Eighth & Franklin 5 Bedroom Homes for Rent | $2,695 | $2,695 | $2,695 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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 M Club Apartments priced from $709. Franklin Studios has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Thirty-Eighth & Franklin apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| M Club Apartments | S1 | Studio,1BA | $709 |
| Franklin Studios | Studio | Studio,1BA | $725 |
| Autumn Trails Apartments | The Maple | Studio,1BA | $749 |
Best Value Apartments for Rent in Thirty-Eighth & Franklin, IN
As of September 09, 2025 the best value apartment in the Thirty-Eighth & Franklin area is the $0.89 price per square foot 3 bedroom Townhouse Model at Bristol Square in the in the Southeast Indianapolis neighborhood starting from $1,225. The second greatest value Thirty-Eighth & Franklin apartment is the Three Bedroom Two Bath Model at Paragon Park starting at $1,399 with a $1.04 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. |
|---|---|---|---|
| Bristol Square | 3 bedroom Townhouse | 3BR,2.5BA | $0.89 |
| Paragon Park | Three Bedroom Two Bath | 3BR,2BA | $1.04 |
| The Reserve at Franklin Glenn I LP | Your Dream Apartment! | 3BR,2BA | $1.25 |
| Brookhaven Apartments | 2 Bed 1 Bath | 2BR,1BA | $0.89 |
| Lawrence Landing | Two Bedroom | 2BR,1.5BA | $1.08 |
| Indy Town Apartments | Frederick Square 2 bedroom | 2BR,1BA | $0.92 |
| Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.23 |
| The Lenox Apartment Homes | 1 Bed 1 Bath Apartment - Renovated | 1BR,1BA | $1.25 |
| The Prairies Apartment Homes | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.29 |
| Serenity Park Apartments | Become an Eastsider Today! Get 1 month free on ... | 1BR,1BA | $1.29 |
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Pet Friendly LifestyleThirty-Eighth & Franklin, Indianapolis, IN
Ranked #93
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Thirty-Eighth & Franklin
What type of rentals are currently available in Thirty-Eighth & Franklin?
There are currently 55 Apartments for Rent in Thirty-Eighth & Franklin, IN with pricing that ranges from $709 to $3,236. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Thirty-Eighth & Franklin ranging from $1,225 to $2,695.
What is the current price range for Rental Homes in Thirty-Eighth & Franklin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Thirty-Eighth & Franklin ranges from $1,225 to $2,695 with an average monthly rent of $1,714.
How much are larger Three and Four Bedroom Rentals in Thirty-Eighth & Franklin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Thirty-Eighth & Franklin range from $1,225 to $3,236, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,225 to $1,945. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $1,636.
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 Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.