
Cheap Apartments for Rent in the Traders Pointe Neighborhood of Indianapolis, IN from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Traders Pointe area of Indianapolis.


Westbury Court

Slate Run Lofts and Apartments

Carlton Apartments

Covered Bridge
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Annhurst

Cross Creek Apartments

Aspen Chase

The Woods of Eagle Creek

Avia Lofts at Founders Road
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Guion Creek Apartments

College Park Apartments

Slate Run Lofts

Oakbrook Village

The George Apartment Homes
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Lake Camelot Apartments
Traders Pointe, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Traders Pointe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Traders Pointe Studio Apartments | $1,149 | $699 | $2,363 |
| Traders Pointe 1 Bedroom Apartments | $983 | $786 | $1,445 |
| Traders Pointe 2 Bedroom Apartments | $1,253 | $1,015 | $1,639 |
| Traders Pointe 3 Bedroom Apartments | $1,496 | $1,249 | $1,548 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 3 mile radius of the Traders Pointe Neighborhood of Indianapolis, IN.
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Traders Pointe, Indianapolis, IN Local Guide
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Cheapest Available Traders Pointe Apartments for Rent
 The cheapest available apartment rental in the Traders Pointe area of Indianapolis, IN is a Studio unit found at King's Reserve College Park 55+ Active Living priced from $699. Carlton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $810. Here are the most affordable Traders Pointe apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| King's Reserve College Park 55+ Active Living | Studio King | Studio,1BA | $699 |
| Carlton Apartments | Villa | 1BR,1BA | $810 |
| Covered Bridge | One Bedroom One Bath | 1BR,1BA | $829 |
| Annhurst | One Bed One Bath | 1BR,1BA | $849 |
| Cross Creek Apartments | Topsider | 1BR,1BA | $890 |
Best Value Apartments for Rent in Traders Pointe, IN
As of May 07, 2026 the best value apartment in the Traders Pointe area is the $1.01 price per square foot 2 Bedroom Townhome Model at Lake Camelot Apartments in the in the Faith Knoll neighborhood starting from $1,108. The second greatest value Traders Pointe apartment is the Two Bedroom 1.5 Bath Model at The Elliott at College Park Apartment Homes starting at $1,285 with a $1.33 price per square foot in the Spring Arbor neighborhood. Here is today’s list of the best values for Traders Pointe apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lake Camelot Apartments | 2 Bedroom Townhome | 2BR,2BA | $1.01 |
| The Elliott at College Park Apartment Homes | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.33 |
| Crooked Creek | The Emerald & The Jade | 2BR,1.5BA | $1.42 |
| Bishop Pond Apartments | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.58 |
| Covered Bridge | One Bedroom One Bath | 1BR,1BA | $1.18 |
| Aspen Chase | One Bedroom One Bath | 1BR,1BA | $1.31 |
| The Woods of Eagle Creek | The Creek: One Bedroom Apartment | 1BR,1BA | $1.36 |
| Oakbrook Village | The Willow 1B 1BB | 1BR,1BA | $1.44 |
| Oak Lake at Crooked Creek | Canopy | 1BR,1BA | $1.64 |
| Annhurst | One Bed One Bath | 1BR,1BA | $1.47 |
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.
Read ArticleYour 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
Read ArticleReal 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.
Read ArticleQuick 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.
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.
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 $979.
What is the price of a cheap apartment in Traders Pointe?
The cheapest apartment in Traders Pointe is Carlton Apartments which is listed at $810, while the average apartment in Traders Pointe costs $1,543.
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.
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
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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.

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