701 W Hanna Ave
IndianapolisIN46217
Cheap Homes for Rent in Thompson-Edgewood Neighborhood of Indianapolis, IN from $400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Thompson-Edgewood area of Indianapolis.
1322 Norton Ave
IndianapolisIN46227
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
615 E Thompson Rd
IndianapolisIN46227
1091 Windermire St
IndianapolisIN46227
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
4847 Mt Vernon Dr
IndianapolisIN46227
Showing Results 1-5, Page 1 of 1
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 | $1,167 | $795 | $1,750 |
| Thompson-Edgewood 3 Bedroom Homes for Rent | $1,476 | $1,200 | $1,700 |
| Thompson-Edgewood 4 Bedroom Homes for Rent | $2,137 | $2,000 | $2,275 |
| Thompson-Edgewood 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Thompson-Edgewood Neighborhood of Indianapolis, IN.
Explore Indianapolis
Thompson-Edgewood, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Thompson-Edgewood Apartments for Rent
The cheapest available apartment rental in the Thompson-Edgewood area of Indianapolis, IN is a 1 Bed unit found at Windsor Court priced from $728. Brookwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $747. Here are the most affordable Thompson-Edgewood apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Windsor Court | Standard One Bedroom (SN1) | 1BR,1BA | $728 |
| Brookwood Apartments | Evergreen Two | 1BR,1BA | $747 |
| One Somerset | One Somerset - 1 Bed/1 Bath | 2BR,1BA | $775 |
Best Value Apartments for Rent in Thompson-Edgewood, IN
As of December 12, 2025 the best value apartment in the Thompson-Edgewood area is the $1.18 price per square foot 4946 Camden St Model at 4946 Camden St, Unit Big Camden in the in the Shelby Street-Epler Avenue neighborhood starting from $2,000. The second greatest value Thompson-Edgewood apartment is the 3Bd/2Ba Up W/D Model at Martinique Terrace starting at $1,614 with a $1.24 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. |
|---|---|---|---|
| 4946 Camden St, Unit Big Camden | 4946 Camden St | 3BR,2BA | $1.18 |
| Martinique Terrace | 3Bd/2Ba Up W/D | 3BR,2BA | $1.24 |
| Brookwood Apartments | Sycamore Two | 3BR,1.5BA | $1.27 |
| Fox Club | One Bedroom One Bath | 1BR,1BA | $1.11 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $1.25 |
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Hickory | 1BR,1BA | $1.21 |
| SOUTHPORT AT BUCK CREEK | 1 Bedroom | 1BR,1BA | $1.40 |
| City Heights | 1A | 1BR,1BA | $1.44 |
| Capital Place | One Bedroom One Bath | 1BR,1BA | $1.38 |
| One Somerset | One Somerset - 1 Bed/1 Bath | 1BR,1BA | $1.29 |
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.
Read Article
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleYour 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 ArticleQuick 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.
Let everyone know!
Do you know the Thompson-Edgewood area?
If you’re an expert on all things Thompson-Edgewood, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleThompson-Edgewood, Indianapolis, IN
Ranked #158
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Thompson-Edgewood
What type of rentals are currently available in Thompson-Edgewood?
There are currently 47 Apartments for Rent in Thompson-Edgewood, IN with pricing that ranges from $665 to $2,200. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Thompson-Edgewood ranging from $400 to $3,500.
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 $400 to $3,500 with an average monthly rent of $1,913.
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.
Articles, How-To's, and Tips
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!