2340 Calhoun St
IndianapolisIN46203
Cheap Homes for Rent in University Heights Neighborhood of Indianapolis, IN from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the University Heights area of Indianapolis.
2948 Shelby St
IndianapolisIN46203
2527 Shelby St
IndianapolisIN46203
2338 Calhoun St
IndianapolisIN46203
1948 Shelby St
IndianapolisIN46203
2002 Shelby St
IndianapolisIN46203
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.
615 E Thompson Rd
IndianapolisIN46227
2106 Singleton St
IndianapolisIN46203
2334 Walker Ave
IndianapolisIN46203
1519 E Tabor St
IndianapolisIN46203
2011 Applegate St
IndianapolisIN46203
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
2354-2356 Shelby St
IndianapolisIN46203
Showing Results 1-12, Page 1 of 1
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 | $1,263 | $900 | $1,800 |
| University Heights 3 Bedroom Homes for Rent | $1,631 | $1,050 | $2,675 |
| University Heights 4 Bedroom Homes for Rent | $1,600 | $1,600 | $1,600 |
| University Heights 5 Bedroom Homes for Rent | $1,795 | $1,595 | $1,995 |
| University Heights 6 Bedroom Homes for Rent | $2,445 | $2,445 | $2,445 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 Studio unit found at Country Club Apartments priced from $649. Cherry Glen has the second lowest priced unit, which is a Studio apartment currently listed from $849. 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 |
| Cherry Glen | Studio | Studio,1BA | $849 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $849 |
| Pine Glen | One Bedroom One Bath | 1BR,1BA | $870 |
| Brookwood Apartments | Elm | 1BR,1BA | $886 |
Best Value Apartments for Rent in University Heights, IN
As of July 12, 2025 the best value apartment in the University Heights area is the $1.13 price per square foot Two Bedroom Two Bath Model at Fox Club in the in the Shelby Street-Epler Avenue neighborhood starting from $1,125. The second greatest value University Heights apartment is the Lindberg Model at Strawbridge Green starting at $1,195 with a $1.24 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. |
|---|---|---|---|
| Fox Club | Two Bedroom Two Bath | 2BR,2BA | $1.13 |
| Strawbridge Green | Lindberg | 3BR,1.5BA | $1.24 |
| Ninth Avenue Apartments | The Lily | 2BR,1BA | $1.38 |
| Parc Bordeaux Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.12 |
| Pine Glen | One Bedroom One Bath | 1BR,1BA | $1.11 |
| Brookwood Apartments | Evergreen Three | 1BR,1BA | $1.28 |
| One Somerset Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.48 |
| 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 |
Frequently Asked Questions about University Heights
What type of rentals are currently available in University Heights?
There are currently 71 Apartments for Rent in University Heights, IN with pricing that ranges from $649 to $1,695. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Heights ranging from $800 to $2,675.
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 $800 to $2,675 with an average monthly rent of $1,517.
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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.