Cheap Studio Apartments for Rent in the Thompson-Edgewood Neighborhood of Indianapolis, IN from $749 (7 Rentals)

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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.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Crossroads at Madison
Studio Apartments

Crossroads at Madison

4725 Madison AveIndianapolis, IN 46227
  • Utilities Included

Thompson-Edgewood - 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!

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Rosedale Hills
Studio Apartments

Rosedale Hills

2139 E Hanna AveIndianapolis, IN 46227
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Spicewood
Studio Apartments

Spicewood

354 Spicewood DrIndianapolis, IN 46227
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South & Madison
Studio Apartments

South & Madison

1819 Madison Village DrIndianapolis, IN 46227

Thompson-Edgewood, Indianapolis, IN Local Guide

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.

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Frequently Asked Questions about Cheap Thompson-Edgewood Apartments

What is the Cheapest Studio apartment in Thompson-Edgewood?

Currently the most affordable Cheap Studio Apartment in Thompson-Edgewood is at Cherry Glen listed at $749.

How much is rent for a Cheap One Bedroom Thompson-Edgewood Apartment?

The lowest price for a Cheap One Bedroom Thompson-Edgewood Apartment is $749 at Cherry Glen.

What is the lowest price for a Cheap Two Bedroom Thompson-Edgewood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Thompson-Edgewood is starting from $749 at Cherry Glen.

What is the most affordable Thompson-Edgewood Three Bedroom Apartment?

The best deal on a cheap Thompson-Edgewood Three Bedroom Apartment rental is at Cherry Glen and starts from $749.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.