Cheap Apartments for Rent in the Traders Pointe Neighborhood of Indianapolis, IN from $700 (21 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Lake Camelot Apartments
1 to 3 Bedroom Apartments

Lake Camelot Apartments

6475 Excalibur CtIndianapolis, IN 46268
  • Utilities Included
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Slate Run Lofts
Studio to 2 Bedroom Apartments

Slate Run Lofts

9555 International DrIndianapolis, IN 46268
  • Smoke Free

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Traders Pointe, Indianapolis, IN Local Guide

Cheapest Available Traders Pointe Apartments for Rent

 

The cheapest available apartment rental in the Traders Pointe area of Indianapolis, IN is a 1 Bed unit found at Covered Bridge priced from $819. Lake Camelot Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. Here are the most affordable Traders Pointe apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Covered BridgeOne Bedroom One Bath1BR,1BA$819
Lake Camelot Apartments1 Bedroom Garden1BR,1BA$835
AnnhurstOne Bed One Bath1BR,1BA$849
Slate Run Lofts and ApartmentsStudio-AptsStudio,1BA$880
Oakbrook VillageThe Walnut 1B 1BA1BR,1BA$891

Best Value Apartments for Rent in Traders Pointe, IN

As of October 29, 2025 the best value apartment in the Traders Pointe area is the $1.41 price per square foot Meridian Model at Willow Lake Apartments in the in the Spring Arbor neighborhood starting from $1,580. The second greatest value Traders Pointe apartment is the The Den: Two Bedroom Townhome Model at The Woods of Eagle Creek starting at $1,354 with a $1.35 price per square foot in the Cheswick Place neighborhood. Here is today’s list of the best values for Traders Pointe apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Willow Lake ApartmentsMeridian1BR,1.5BA$1.41
The Woods of Eagle CreekThe Den: Two Bedroom Townhome2BR,1.5BA$1.35
The Elliott at College Park Apartment HomesTwo Bedroom 1.5 Bath2BR,1.5BA$1.36
Westbury CourtTwo Bedroom One Bathroom (CN1)2BR,1BA$1.07
Lakes of GeorgetownD7401BR,1BA$1.49
Covered BridgeOne Bedroom One Bath1BR,1BA$1.16
Lake Camelot Apartments1 Bedroom Garden1BR,1BA$1.19
Aspen ChaseOne Bedroom One Bath1BR,1BA$1.43
Oakbrook VillageThe Willow 1B 1BB1BR,1BA$1.41
AnnhurstOne Bed One Bath1BR,1BA$1.47

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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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 Pointe, Indianapolis, IN

Ranked #125

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Indianapolis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and more. These search options are in the site filters at the top of this page.

Getting Around the Traders Pointe Neighborhood in Indianapolis, IN

Walk Score®

16 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

44 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

16 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Traders Pointe Apartments

What is a cheap apartment in Traders Pointe?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Traders Pointe is under $1,035.

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

The cheapest apartment in Traders Pointe is Covered Bridge which is listed at $819, while the average apartment in Traders Pointe costs $1,590.

What types of apartments are the cheapest in Traders Pointe?

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 12 regular apartments in Traders Pointe 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 Pointe?

Cheap apartments in Traders Pointe have an average cost of $104 which is $1,486 cheaper than the average rent for all rentals in Traders Pointe.

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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.