2722 Shelby St
IndianapolisIN46203
Cheap Homes for Rent in University Heights Neighborhood of Indianapolis, IN from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the University Heights area of Indianapolis.
524 E Raymond St
IndianapolisIN46203
2101 Ringgold Ave
IndianapolisIN46203
1322 Norton Ave
IndianapolisIN46227
1528 E Gimber St
IndianapolisIN46203
2633 S Randolph St
IndianapolisIN46203
3146 Asbury St
IndianapolisIN46237
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
615 E Thompson Rd
IndianapolisIN46227
2301 Perkins Ave
IndianapolisIN46203
2011 Applegate St
IndianapolisIN46203
2011 Applegate St
IndianapolisIN46203
86 S 6th Ave
Beech GroveIN46107
2036 Singleton St
IndianapolisIN46203
1091 Windermire St
IndianapolisIN46227
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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University Heights, Indianapolis, IN Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in University Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Heights 2 Bedroom Homes for Rent | $1,105 | $950 | $1,400 |
| University Heights 3 Bedroom Homes for Rent | $1,512 | $1,050 | $2,000 |
| University Heights 4 Bedroom Homes for Rent | $2,167 | $1,395 | $3,600 |
| University Heights 5 Bedroom Homes for Rent | $1,925 | $1,450 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the University Heights Neighborhood of Indianapolis, IN.
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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 Brookwood Apartments priced from $775. One Somerset has the second lowest priced unit, which is a 2 Beds apartment currently listed from $775. Here are the most affordable University Heights apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brookwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $775 |
| One Somerset | *ACT NOW- Price Drop* One Somerset - 1 Bed/1 Ba... | 2BR,1BA | $775 |
| Spicewood | Studio | Studio,1BA | $829 |
| Parc Bordeaux Apartments | Studio | Studio,1BA | $850 |
| Capital Place | One Bedroom One Bath TH | 1BR,1BA | $884 |
Best Value Apartments for Rent in University Heights, IN
As of January 27, 2026 the best value apartment in the University Heights area is the $1.18 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 $2,000. The second greatest value University Heights apartment is the Redfern Model at Strawbridge Green starting at $1,080 with a $1.09 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. |
|---|---|---|---|
| 4946 Camden St, Unit Big Camden | 4946 Camden St | 3BR,2BA | $1.18 |
| Strawbridge Green | Redfern | 2BR,1.5BA | $1.09 |
| Sawmill Apartments | 2 Bed 1 Bath Large | 2BR,1BA | $1.05 |
| Brookwood Apartments | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.15 |
| Fox Club | One Bedroom One Bath | 1BR,1BA | $1.14 |
| Capital Place | Two Bedroom One Bath | 2BR,1BA | $1.38 |
| Ninth Avenue Apartments | The Poppy | 1BR,1BA | $1.42 |
| Sherman Village | Garden Apt | 1BR,1BA | $1.28 |
| Welcome to Dawson Village – Welcome Home! | Brand New Double | 2BR,1BA | $1.43 |
| City Heights | 1A | 1BR,1BA | $1.44 |
Frequently Asked Questions about University Heights
What type of rentals are currently available in University Heights?
There are currently 76 Apartments for Rent in University Heights, IN with pricing that ranges from $775 to $3,277. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Heights ranging from $700 to $3,600.
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 $700 to $3,600 with an average monthly rent of $1,408.
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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Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.