701 W Hanna Ave
IndianapolisIN46217
Cheap Homes for Rent in the Thompson-Edgewood Neighborhood of Indianapolis, IN from $900 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Thompson-Edgewood area of Indianapolis.
615 E Thompson Rd
IndianapolisIN46227
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4929 Mt Vernon Dr
IndianapolisIN46227
910 Gilbert Ave
IndianapolisIN46227
Rent According to Income: A Look at Income-Restricted Rentals
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Thompson-Edgewood, Indianapolis, IN Local Guide
How much does it cost to rent a home in Thompson-Edgewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Thompson-Edgewood 2 Bedroom Homes for Rent | $1,237 | $975 | $1,500 |
| Thompson-Edgewood 3 Bedroom Homes for Rent | $1,732 | $1,295 | $2,080 |
| Thompson-Edgewood 4 Bedroom Homes for Rent | $1,789 | $1,600 | $2,260 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Thompson-Edgewood Neighborhood of Indianapolis, IN.
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Thompson-Edgewood, Indianapolis, IN Local Guide
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Best Value Apartments for Rent in Thompson-Edgewood, IN
As of July 27, 2026 the best value apartment in the Thompson-Edgewood area is the $1.30 price per square foot 3 Bedroom 1.5 Bath Model at Brookwood Apartments in the in the Shelby Street-Epler Avenue neighborhood starting from $1,284. The second greatest value Thompson-Edgewood apartment is the 2 Bed/1 Ba Standard Dn Model at Martinique Terrace starting at $979 with a $1.09 price per square foot in the Winchester Village neighborhood. Here is today’s list of the best values for Thompson-Edgewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Brookwood Apartments | 3 Bedroom 1.5 Bath | 3BR,1.5BA | $1.30 |
| Martinique Terrace | 2 Bed/1 Ba Standard Dn | 2BR,1BA | $1.09 |
| Capital Place | Two Bedroom One Bath TH | 2BR,1BA | $1.30 |
| CrossRoads @ Madison Park | CrossRoads @ Madison Park - 01 | 2BR,1BA | $1.10 |
| CrossRoads @ Southgreen | CrossRoads @ Southgreen - 615-1... | 2BR,1BA | $1.20 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $1.18 |
| One Somerset | One Somerset - 1 Bed/1 Bath | 2BR,1BA | $1.11 |
| SOUTHPORT AT BUCK CREEK | 1 Bedroom | 1BR,1BA | $1.37 |
| City Heights | 1 x 1 | 1BR,1BA | $1.44 |
| Thompson Village Apartments | One Bedroom Apartment | 1BR,1BA | $1.38 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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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Pet Friendly LifestyleThompson-Edgewood, Indianapolis, IN
Ranked #163
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Thompson-Edgewood
What type of rentals are currently available in Thompson-Edgewood?
There are currently 52 Apartments for Rent in Thompson-Edgewood, IN with pricing that ranges from $775 to $2,000. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Thompson-Edgewood ranging from $295 to $2,260.
What is the current price range for Rental Homes in Thompson-Edgewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Thompson-Edgewood ranges from $295 to $2,260 with an average monthly rent of $1,263.
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.
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