
Apartments for Rent in the Towne and Terrace Neighborhood of Indianapolis, IN Under $1,000 (28 Rentals)


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Total Monthly Price
M Club Apartments

Willow Glen East
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Parkhaven Apartments

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Olivewood

4985 N Franklin Rd, Unit 1

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Postbrook East Apartments

Cavalier Court

Maison Gardens Apartments

Three Fountains East
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Towne and Terrace, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Towne and Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Towne and Terrace Studio Apartments | $828 | $649 | $1,561 |
| Towne and Terrace 1 Bedroom Apartments | $1,123 | $769 | $2,186 |
| Towne and Terrace 2 Bedroom Apartments | $1,324 | $819 | $2,989 |
| Towne and Terrace 3 Bedroom Apartments | $1,597 | $1,100 | $3,075 |
| Towne and Terrace 4 Bedroom Apartments | $1,825 | $1,825 | $1,825 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Towne and Terrace Neighborhood of Indianapolis, IN.
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Frequently Asked Questions about Towne and Terrace
How much are Studio apartments in Towne and Terrace?
There are currently 10 Studio Apartments in Towne and Terrace with rent ranges from $649 to $1,561 with an average price of $828.
What is the current price range for One Bedroom Towne and Terrace Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Towne and Terrace ranges from $769 to $2,186 with an average monthly rent of $1,123.
What does renting a Two Bedroom Apartment in Towne and Terrace cost?
The monthly rent prices of Two Bedroom Apartments currently available in Towne and Terrace range from $819 to $2,989. Today's average rental price for Two Bedrooms here is $1,324.
How expensive are Towne and Terrace Three Bedroom Apartments?
There are currently 24 Three Bedroom Apartments listings available in Towne and Terrace on ApartmentHomeLiving.com. The pricing ranges from $1,100 to $3,075 - averaging $1,597 for the location.
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.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.