Cheap Studio Apartments for Rent in the Thompson-Edgewood Neighborhood of Indianapolis, IN from $665 (7 Rentals)

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Crossroads at Madison
Studio Apartments

Crossroads at Madison

4725 Madison AveIndianapolis, IN 46227
  • Utilities Included
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Rosedale Hills
Studio Apartments

Rosedale Hills

2139 E Hanna AveIndianapolis, IN 46227
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South & Madison
Studio Apartments

South & Madison

1819 Madison Village DrIndianapolis, IN 46227
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Spicewood
Studio Apartments

Spicewood

354 Spicewood DrIndianapolis, IN 46227

Thompson-Edgewood, Indianapolis, IN Local Guide

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Pet Friendly Lifestyle
Thompson-Edgewood, Indianapolis, IN

Ranked #153

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Thompson-Edgewood Apartments

What is a cheap apartment in Thompson-Edgewood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Thompson-Edgewood is under $915.

What is the price of a cheap apartment in Thompson-Edgewood?

The cheapest apartment in Thompson-Edgewood is 5700 Madison Apartments & Edgewood on Madison which is listed at $665, while the average apartment in Thompson-Edgewood costs $1,538.

What types of apartments are the cheapest in Thompson-Edgewood?

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 Thompson-Edgewood 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 Thompson-Edgewood?

Cheap apartments in Thompson-Edgewood have an average cost of $185 which is $1,353 cheaper than the average rent for all rentals in Thompson-Edgewood.

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.

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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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.