Apartments for Rent in the Thompson-Edgewood Neighborhood of Indianapolis, IN Under $500 (1 Rental)

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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.

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 Thompson-Edgewood

How much are Studio apartments in Thompson-Edgewood?

There are currently 7 Studio Apartments in Thompson-Edgewood with rent ranges from $749 to $1,135 with an average price of $856.

What is the current price range for One Bedroom Thompson-Edgewood Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Thompson-Edgewood ranges from $354 to $1,325 with an average monthly rent of $1,031.

What does renting a Two Bedroom Apartment in Thompson-Edgewood cost?

The monthly rent prices of Two Bedroom Apartments currently available in Thompson-Edgewood range from $963 to $1,699. Today's average rental price for Two Bedrooms here is $1,224.

How expensive are Thompson-Edgewood Three Bedroom Apartments?

There are currently 12 Three Bedroom Apartments listings available in Thompson-Edgewood on ApartmentHomeLiving.com. The pricing ranges from $1,262 to $1,850 - averaging $1,495 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.

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.