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$649 - $995Studio to 2 Bedroom Apartments Available Now
Country Club Apartments
360 Sandra LnIndianapolis, IN 46227
Cheap Apartments for Rent in the University Heights Neighborhood of Indianapolis, IN from $400 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Heights area of Indianapolis.
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$775 - $1,0951 to 2 Bedroom Apartments Available Now
One Somerset Apartments
3761 S State AveIndianapolis, IN 46227
2826 S Pennsylvania St
IndianapolisIN46225
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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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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1313 Cruft St
IndianapolisIN46203
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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2340 Calhoun St
IndianapolisIN46203
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Showing Results 1-16, Page 1 of 1
University Heights, Indianapolis, IN Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in University Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Heights Studio Apartments | $921 | $649 | $1,199 |
| University Heights 1 Bedroom Apartments | $1,040 | $699 | $1,700 |
| University Heights 2 Bedroom Apartments | $1,121 | $891 | $1,599 |
| University Heights 3 Bedroom Apartments | $1,451 | $1,105 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the University Heights Neighborhood of Indianapolis, IN.
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University Heights, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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Cheapest Available University Heights Apartments for Rent
The cheapest available apartment rental in the University Heights area of Indianapolis, IN is a Studio unit found at Country Club Apartments priced from $649. Brookwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $833. Here are the most affordable University Heights apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Country Club Apartments | Studio | Studio,1BA | $649 |
| Brookwood Apartments | Evergreen Two | 1BR,1BA | $833 |
| Capital Place | One Bedroom One Bath TH | 1BR,1BA | $840 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $849 |
| Parc Bordeaux Apartments | Studio | Studio,1BA | $850 |
Best Value Apartments for Rent in University Heights, IN
As of August 02, 2025 the best value apartment in the University Heights area is the $1.10 price per square foot Strawbridge Model at Strawbridge Green in the in the Shelby Street-Epler Avenue neighborhood starting from $1,115. The second greatest value University Heights apartment is the Sycamore Two Model at Brookwood Apartments starting at $1,294 with a $1.31 price per square foot in the Shelby Street-Epler Avenue neighborhood. Here is today’s list of the best values for University Heights apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Strawbridge Green | Strawbridge | 2BR,1BA | $1.10 |
| Brookwood Apartments | Sycamore Two | 3BR,1.5BA | $1.31 |
| Capital Place | Two Bedroom One Bath w/Den | 2BR,1BA | $1.25 |
| Fox Club | One Bedroom One Bath | 1BR,1BA | $1.14 |
| 2209 Ransdell St, Unit 101 | 2209 Ransdell St | 2BR,1BA | $1.31 |
| Pine Glen | Oak Renovated | 2BR,1BA | $1.47 |
| One Somerset Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.39 |
| City Heights | 1A | 1BR,1BA | $1.44 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $1.31 |
| Country Club Apartments | Studio | Studio ,1BA | $1.45 |
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Lifestyle Ratings
Our team of engineers and researchers is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States and customized analysis for South Indianapolis, IN. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, multifamily communities for the kids, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the University Heights Neighborhood in Indianapolis, IN
Walk Score®
51 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
43 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
34 / 100
Some Transit
A few nearby public transportation options
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 University Heights Apartments
What is a cheap apartment in University Heights?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Heights is under $1,017.
What is the price of a cheap apartment in University Heights?
The cheapest apartment in University Heights is Brookwood Apartments which is listed at $833, while the average apartment in University Heights costs $1,322.
What types of apartments are the cheapest in University Heights?
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 11 regular apartments in University Heights 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 University Heights?
Cheap apartments in University Heights have an average cost of $152 which is $1,170 cheaper than the average rent for all rentals in University Heights.
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.