Cheap Apartments for Rent in the Traders Pointe Neighborhood of Indianapolis, IN from $600 (15 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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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 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 $800. Here are the most affordable Traders Pointe apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
King's Reserve College Park 55+ Active LivingStudio KingStudio,1BA$699
Carlton ApartmentsVilla1BR,1BA$800
Lake Camelot Apartments1 Bedroom Garden1BR,1BA$806
AnnhurstOne Bed One Bath1BR,1BA$809
Covered BridgeOne Bedroom One Bath1BR,1BA$809

Best Value Apartments for Rent in Traders Pointe, IN

As of March 20, 2026 the best value apartment in the Traders Pointe area is the $1.19 price per square foot Three Bedroom Townhome (T3) Model at Westbury Court in the in the Spring Arbor neighborhood starting from $1,474. The second greatest value Traders Pointe apartment is the Keystone Model at Willow Lake Apartments starting at $1,410 with a $1.28 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Westbury CourtThree Bedroom Townhome (T3)3BR,2.5BA$1.19
Willow Lake ApartmentsKeystone1BR,1BA$1.28
Aspen ChaseTwo Bedroom 1.5 Bath TH2BR,1.5BA$1.34
The Woods of Eagle CreekThe Den: Two Bedroom Townhome2BR,1.5BA$1.38
The Elliott at College Park Apartment HomesTwo Bedroom 1.5 Bath2BR,1.5BA$1.36
Lakes of GeorgetownD7401BR,1BA$1.49
Covered BridgeOne Bedroom One Bath1BR,1BA$1.15
Lake Camelot Apartments1 Bedroom Garden1BR,1BA$1.15
Cross Creek ApartmentsMariner1BR,1BA$1.38
AnnhurstOne Bed One Bath1BR,1BA$1.40

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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 $950.

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 $1,523.

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 24 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

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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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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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Articles, How-To's, and Tips

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