
Cheap Homes for Rent in Thompson-Edgewood Neighborhood of Indianapolis, IN from $300 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Thompson-Edgewood area of Indianapolis.
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 | $998 | $845 | $1,275 |
Thompson-Edgewood 3 Bedroom Homes for Rent | $1,914 | $1,599 | $2,200 |
Thompson-Edgewood 4 Bedroom Homes for Rent | $1,790 | $1,525 | $2,150 |
Thompson-Edgewood 6 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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
Best Value Apartments for Rent in Thompson-Edgewood, IN
As of September 10, 2025 the best value apartment in the Thompson-Edgewood area is the $1.24 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 $2,100. The second greatest value Thompson-Edgewood apartment is the Two Bedroom Two Bath Model at Fox Club starting at $1,125 with a $1.13 price per square foot in the Shelby Street-Epler Avenue 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 | $1.24 |
Fox Club | Two Bedroom Two Bath | 2BR,2BA | $1.13 |
SOUTHPORT AT BUCK CREEK | 2 Bedroom | 2BR,1BA | $1.32 |
Buckridge at Southport | 2BR/1.0BA | 2BR,1BA | $1.12 |
Martinique Terrace | 1 Bed/1 Ba Up Mini W/D | 1BR,1BA | $1.34 |
Brookwood Apartments | Evergreen Three | 1BR,1BA | $1.26 |
One Somerset Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.39 |
South & Madison | A1 | 1BR,1BA | $1.27 |
City Heights | 1A | 1BR,1BA | $1.44 |
5700 Madison Apartments & Edgewood on Madison | Edgewood - Loft | Studio ,1BA | $1.32 |
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.
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 $715 to $2,100. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Thompson-Edgewood ranging from $355 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 $355 to $3,500 with an average monthly rent of $1,820.
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.

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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.