
Cheap Apartments for Rent in the Thirty-Eighth & Shadeland Neighborhood of Indianapolis, IN from $437 (58 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Thirty-Eighth & Shadeland area of Indianapolis.


3829 Biscayne Rd

3516 N Hawthorne Ln

2725 Kristen Dr W
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

8124 E 37th St

4651 Dean St

8929 Brigadier Dr

8951 Brigadier Dr
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.
Thirty-Eighth & Shadeland, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Thirty-Eighth & Shadeland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Thirty-Eighth & Shadeland Studio Apartments | $761 | $649 | $910 |
| Thirty-Eighth & Shadeland 1 Bedroom Apartments | $932 | $650 | $1,499 |
| Thirty-Eighth & Shadeland 2 Bedroom Apartments | $1,104 | $812 | $2,159 |
| Thirty-Eighth & Shadeland 3 Bedroom Apartments | $1,635 | $950 | $7,684 |
| Thirty-Eighth & Shadeland 4 Bedroom Apartments | $1,725 | $1,475 | $1,825 |
Browse Apartments in this Neighborhood
There are currently 58 rentals with your search options within a 2 mile radius of the Thirty-Eighth & Shadeland Neighborhood of Indianapolis, IN.
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Frequently Asked Questions about Cheap Thirty-Eighth & Shadeland Apartments
What is a cheap apartment in Thirty-Eighth & Shadeland?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Thirty-Eighth & Shadeland is under $850.
What is the price of a cheap apartment in Thirty-Eighth & Shadeland?
The cheapest apartment in Thirty-Eighth & Shadeland is Maison Gardens Apartments which is listed at $785, while the average apartment in Thirty-Eighth & Shadeland costs $995.
What types of apartments are the cheapest in Thirty-Eighth & Shadeland?
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 14 regular apartments in Thirty-Eighth & Shadeland 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 Thirty-Eighth & Shadeland?
Cheap apartments in Thirty-Eighth & Shadeland have an average cost of $157 which is $838 cheaper than the average rent for all rentals in Thirty-Eighth & Shadeland.
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

Welcome to Indy: A Local Expert's Guide to the City's Best Short-Term Rental Neighborhoods
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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.