Cheap Homes for Rent in University Heights Neighborhood of Indianapolis, IN from $500 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in the University Heights area of Indianapolis.

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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 1 Bed unit found at Garfield Park Village priced from $779. Brookwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $870. Here are the most affordable University Heights apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Garfield Park Village1/1 Vintage1BR,1BA$779
Brookwood ApartmentsElm1BR,1BA$870
Pine GlenCedar Renovated1BR,1BA$945

Best Value Apartments for Rent in University Heights, IN

As of September 10, 2025 the best value apartment in the University Heights area is the $1.24 price per square foot 4946 Camden St Model at 4946 Camden St, Unit Big Camden in the in the Shelby Street-Epler Avenue neighborhood starting from $2,100. The second greatest value University Heights apartment is the Two Bedroom Two Bath Model at Fox Club starting at $1,125 with a $1.13 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 ListingModel NameBed/BathPrice Per Sq.Ft.
4946 Camden St, Unit Big Camden4946 Camden St3BR,2BA$1.24
Fox ClubTwo Bedroom Two Bath2BR,2BA$1.13
Sawmill Apartments2 Bed 1 Bath Large2BR,1BA$1.05
Strawbridge GreenEmerson2BR,1BA$1.17
2209 Ransdell St, Unit 1012209 Ransdell St2BR,1BA$1.31
Brookwood ApartmentsEvergreen Three1BR,1BA$1.26
One Somerset Apartments2 Bedroom 1 Bathroom2BR,1BA$1.39
Ninth Avenue ApartmentsThe Poppy1BR,1BA$1.49
City Heights1A1BR,1BA$1.44
Pine GlenCedar Renovated1BR,1BA$1.55

Frequently Asked Questions about University Heights

What type of rentals are currently available in University Heights?

There are currently 75 Apartments for Rent in University Heights, IN with pricing that ranges from $779 to $2,100. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Heights ranging from $550 to $2,700.

What is the current price range for Rental Homes in University Heights?

Today's rental pricing for Homes for Rent, Condos and Townhomes in University Heights ranges from $550 to $2,700 with an average monthly rent of $1,653.

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

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

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