Cheap Apartments for Rent in the Towne and Terrace Neighborhood of Indianapolis, IN from $600 (8 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Towne and Terrace area of Indianapolis.

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Cheapest Available Towne and Terrace Apartments for Rent

 

The cheapest available apartment rental in the Towne and Terrace area of Indianapolis, IN is a 2 Beds unit found at Postbrook East Apartments priced from $745. Maison Gardens Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $780. Here are the most affordable Towne and Terrace apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Postbrook East Apartments2bd TH Remodeled2BR,1BA$745
Maison Gardens Apartments2 BDR Remodeled2BR,1BA$780
Serenity Park ApartmentsSTOP SCROLLING — SERENITY PARK IS UNDER NEW MAN...1BR,1BA$794

Best Value Apartments for Rent in Towne and Terrace, IN

As of July 30, 2026 the best value apartment in the Towne and Terrace area is the $1.07 price per square foot 3 bd F Remod Model at Postbrook East Apartments in the in the Southeast Indianapolis neighborhood starting from $1,180. The second greatest value Towne and Terrace apartment is the 2 Bedroom 2 Bathroom Model at The Reserve at Franklin Glenn starting at $1,210 with a $1.30 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Towne and Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Postbrook East Apartments3 bd F Remod3BR,1BA$1.07
The Reserve at Franklin Glenn2 Bedroom 2 Bathroom2BR,2BA$1.30
Fountainview ApartmentsVista2BR,1BA$1.45
Jamestowne ApartmentsClassic1BR,1BA$1.17
Serenity Park ApartmentsSTOP SCROLLING — SERENITY PARK IS UNDER NEW MAN...1BR,1BA$1.33
Maison Gardens Apartments1BD R1BR,1BA$1.32
The Vineyards Apartment HomesStudio ClassicStudio ,1BA$2.15

Frequently Asked Questions about Cheap Towne and Terrace Apartments

What is the Cheapest Studio apartment in Towne and Terrace?

Currently the most affordable Cheap Studio Apartment in Towne and Terrace is at The Vineyards Apartment Homes listed at $889.

How much is rent for a Cheap One Bedroom Towne and Terrace Apartment?

The lowest price for a Cheap One Bedroom Towne and Terrace Apartment is $785 at Maison Gardens Apartments.

What is the lowest price for a Cheap Two Bedroom Towne and Terrace Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Towne and Terrace is starting from $745 at Postbrook East Apartments.

What is the most affordable Towne and Terrace Three Bedroom Apartment?

The best deal on a cheap Towne and Terrace Three Bedroom Apartment rental is at Maison Gardens Apartments and starts from $870.

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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