2340 Calhoun St
IndianapolisIN46203
Cheap Homes for Rent in University Heights Neighborhood of Indianapolis, IN from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the University Heights area of Indianapolis.
2338 Calhoun St
IndianapolisIN46203
1944 Shelby St
IndianapolisIN46203
2826 S Pennsylvania St
IndianapolisIN46225
1948 Shelby St
IndianapolisIN46203
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.
1528 E Gimber St
IndianapolisIN46203
1322 Norton Ave
IndianapolisIN46227
2334 Walker Ave
IndianapolisIN46203
615 E Thompson Rd
IndianapolisIN46227
1519 E Mills Ave
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.
Showing Results 1-10, 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 | $1,148 | $845 | $1,600 |
| University Heights 3 Bedroom Homes for Rent | $1,614 | $1,050 | $2,050 |
| University Heights 4 Bedroom Homes for Rent | $1,730 | $1,440 | $2,100 |
| University Heights 5 Bedroom Homes for Rent | $1,945 | $1,945 | $1,945 |
| University Heights 6 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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 Garfield Park Village priced from $753. One Somerset has the second lowest priced unit, which is a 1 Bed 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 |
|---|---|---|---|
| Garfield Park Village | 1/1 Vintage | 1BR,1BA | $753 |
| One Somerset | One Somerset - 1 Bed/1 Bath | 1BR,1BA | $775 |
| Spicewood | Studio | Studio,1BA | $799 |
Best Value Apartments for Rent in University Heights, IN
As of October 27, 2025 the best value apartment in the University Heights area is the $1.20 price per square foot Two Bedroom 1.5 Bath Model at Fox Club in the in the Shelby Street-Epler Avenue neighborhood starting from $1,199. The second greatest value University Heights apartment is the Sycamore Two Model at Brookwood Apartments starting at $1,238 with a $1.26 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 1.5 Bath | 2BR,1.5BA | $1.20 |
| Brookwood Apartments | Sycamore Two | 3BR,1.5BA | $1.26 |
| Sawmill Apartments | 2 Bed 1 Bath Large | 2BR,1BA | $1.05 |
| Hanna Village | Concord | 2BR,1BA | $1.43 |
| Parc Bordeaux Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.12 |
| Capital Place | Two Bedroom One Bath | 2BR,1BA | $1.38 |
| 52 S 7th Ave, Unit 52 S. 7th #5 Beech Grove | 52 S 7th Ave | 1BR,1BA | $1.47 |
| Pine Glen | Oak Renovated | 2BR,1BA | $1.47 |
| Ninth Avenue Apartments | The Poppy | 1BR,1BA | $1.42 |
| One Somerset | One Somerset - 2 Bed/1 Bath | 2BR,1BA | $1.50 |
Frequently Asked Questions about University Heights
What type of rentals are currently available in University Heights?
There are currently 72 Apartments for Rent in University Heights, IN with pricing that ranges from $753 to $2,500. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Heights ranging from $699 to $2,100.
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 $699 to $2,100 with an average monthly rent of $1,545.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.