
Apartments for Rent in the Towne and Terrace Neighborhood of Indianapolis, IN Under $2,000 (32 Rentals)


Kingston Square Apartments

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The Art of the Rental Viewing: What to look for during a property tour
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.

The Otis at Fort Ben Apartments

Paragon Park

Reserve at Franklin Glen

Fountainview Apartments

Vineyards Apartments

3674 Newgate Ln

3901 Chateau Dr

8222 E 37th Pl
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

4108 Baker Dr

8116 E 36th Pl

4 Bedroom Split Foyer on East Side

8302 E 36th St

3407 Harvest Ave

4144 Balboa Dr

3943 Marseille Rd

3826 Ireland Dr
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

8537 E 42nd Pl

3662 Tudor Park Dr

9248 E 39th Pl

8828 E 41st Pl
Towne and Terrace - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
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 | $952 | $879 | $1,050 |
Towne and Terrace 1 Bedroom Apartments | $1,294 | $703 | $1,699 |
Towne and Terrace 2 Bedroom Apartments | $1,353 | $899 | $2,118 |
Towne and Terrace 3 Bedroom Apartments | $1,701 | $1,350 | $2,260 |
Towne and Terrace 4 Bedroom Apartments | $2,366 | $1,400 | $3,780 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 2 mile radius of the Towne and Terrace Neighborhood of Indianapolis, IN.
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Towne and Terrace, Indianapolis, IN Local Guide
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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.
Frequently Asked Questions about Towne and Terrace
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 $703 to $1,699 with an average monthly rent of $1,294.
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 $899 to $2,118. Today's average rental price for Two Bedrooms here is $1,353.
How expensive are Towne and Terrace Three Bedroom Apartments?
There are currently 11 Three Bedroom Apartments listings available in Towne and Terrace on ApartmentHomeLiving.com. The pricing ranges from $1,350 to $2,260 - averaging $1,701 for the location.
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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.