Cheap Apartments for Rent in the Traders Pointe Neighborhood of Indianapolis, IN from $700 (19 Rentals)

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

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Avia Lofts at Founders Road
Rent Specials
$979 - $1,439
Total Monthly Price

Total Monthly Price

Base Rent
$954 - $1,414
Required Monthly Fees
$25

Total Monthly Price
$979 - $1,439
Studio to 2 Bedroom Apartments Available Now

Avia Lofts at Founders Road

3553 Founders RdIndianapolis, IN 46268
Student Housing
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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

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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 Carlton Apartments priced from $800. Slate Run Lofts and Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Traders Pointe apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Carlton ApartmentsVilla1BR,1BA$800
Slate Run Lofts and ApartmentsStudio-AptsStudio,1BA$800
Lake Camelot Apartments1 Bedroom Garden1BR,1BA$802
Covered BridgeOne Bedroom One Bath1BR,1BA$809
King's Reserve College Park 55+ Active LivingStudio KingStudio,1BA$844

Best Value Apartments for Rent in Traders Pointe, IN

As of January 29, 2026 the best value apartment in the Traders Pointe area is the $1.38 price per square foot Keystone Model at Willow Lake Apartments in the in the Spring Arbor neighborhood starting from $1,510. The second greatest value Traders Pointe apartment is the The Den: Two Bedroom Townhome Model at The Woods of Eagle Creek starting at $1,403 with a $1.40 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 ApartmentsKeystone1BR,1BA$1.38
The Woods of Eagle CreekThe Den: Two Bedroom Townhome2BR,1.5BA$1.40
Westbury CourtTwo Bedroom One Bathroom (CN1)2BR,1BA$1.07
The Elliott at College Park Apartment HomesOne Bedroom1BR,1BA$1.43
Covered BridgeOne Bedroom One Bath1BR,1BA$1.15
Aspen ChaseOne Bedroom One Bath1BR,1BA$1.37
Lake Camelot Apartments1 Bedroom Garden1BR,1BA$1.15
Oakbrook VillageThe Walnut 1B 1BA1BR,1BA$1.39
Cross Creek ApartmentsMariner1BR,1BA$1.38
AnnhurstOne Bed One Bath1BR,1BA$1.47

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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.

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 $949.

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

The cheapest apartment in Traders Pointe is Carlton Apartments which is listed at $800, while the average apartment in Traders Pointe costs $1,551.

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 23 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 $254 which is $1,297 cheaper than the average rent for all rentals in Traders Pointe.

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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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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