Cheap Apartments for Rent in the Traders Point Neighborhood of Indianapolis, IN from $600 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Traders Point area of Indianapolis.

Rent According to Income: A Look at Income-Restricted Rentals

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-31, Page 1 of 1

Traders Point, Indianapolis, IN Local Guide

Cheapest Available Traders Point Apartments for Rent

 

The cheapest available apartment rental in the Traders Point area of Indianapolis, IN is a Studio unit found at The Meridian North and South priced from $734. Lakeside Crossing at Eagle Creek Apartments and Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $755. Here are the most affordable Traders Point apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Meridian North and SouthS1R SouthStudio,1BA$734
Lakeside Crossing at Eagle Creek Apartments and TownhomesOne Bedroom1BR,1BA$755
The Boardwalk at Westlake Apartments and TownhomesOne Bedroom - 617 sqft1BR,1BA$785
Carlton ApartmentsVilla1BR,1BA$810
The HermitageThe Retreat1BR,1BA$865
Enclave Park 100The EnclaveStudio,1BA$899
Meridian Lakes1Bed/1Ba-Dn (A)1BR,1BA$905
Spinnaker CourtHideaway1BR,1BA$920
Astoria Park Apartment HomesTwo Bedroom - 850 sqft2BR,1BA$945
The AbbyThe Abbey1BR,1BA$950

Best Value Apartments for Rent in Traders Point, IN

As of August 13, 2026 the best value apartment in the Traders Point area is the $1.27 price per square foot 7176B1 Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,799. The second greatest value Traders Point apartment is the B4 Williams Model at Union Green starting at $2,058 with a $1.33 price per square foot in the Lake Ridge/Bridle Trace neighborhood. Here is today’s list of the best values for Traders Point apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pinnacle on Meridian7176B12BR,2BA$1.27
Union GreenB4 Williams2BR,2BA$1.33
Willow Lake ApartmentsCumberland2BR,2BA$1.29
Eagle Creek by Spark LivingCollaborate3BR,2BA$1.21
The Residence at White River ApartmentsSTOKELY - C13BR,2BA$1.23
Everly at Meridian HillsIris2BR,1BA$1.24
Eagle Lake LandingThe Lakeshore Townhome2BR,1.5BA$1.18
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.29
The Elliott at College Park Apartment HomesTwo Bedroom 1.5 Bath2BR,1.5BA$1.11
The Grove on Harcourt1x1.5 Large Renovated1BR,1.5BA$1.34

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Traders Point, Indianapolis, IN

Ranked #33

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Traders Point Apartments

What is a cheap apartment in Traders Point?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Traders Point is under $950.

What is the price of a cheap apartment in Traders Point?

The cheapest apartment in Traders Point is Lakeside Crossing at Eagle Creek Apartments and Townhomes which is listed at $755, while the average apartment in Traders Point costs $1,499.

What types of apartments are the cheapest in Traders Point?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 62 regular apartments in Traders Point that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Traders Point?

Cheap apartments in Traders Point have an average cost of $253 which is $1,246 cheaper than the average rent for all rentals in Traders Point.

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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