Cheap Apartments for Rent in the Warfleigh Neighborhood of Indianapolis, IN from $600 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Warfleigh area of Indianapolis.

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property at 6721 Riverfront Ave

$1,290

Total Monthly Price

Total Monthly Price

Base Rent
$1,290

Total Monthly Price
$1,290

Studio, 1 Bath Home for Rent

Available Now

6721 Riverfront Ave, Unit Studio

6721 Riverfront Ave
IndianapolisIN46220

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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Shore Acres
Studio to 3 Bedroom Apartments

Shore Acres

1105 Westfield Ct WIndianapolis, IN 46240

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The MK
Studio to 3 Bedroom Apartments

The MK

5858 N College AveIndianapolis, IN 46220
Corporate Housing

Warfleigh, Indianapolis, IN Local Guide

Cheapest Available Warfleigh Apartments for Rent

 

The cheapest available apartment rental in the Warfleigh area of Indianapolis, IN is a Studio unit found at The Meridian North and South priced from $649. Glenstone Studios has the second lowest priced unit, which is a Studio apartment currently listed from $665. Here are the most affordable Warfleigh apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Meridian North and SouthS1P SouthStudio,1BA$649
Glenstone StudiosStudioStudio,1BA$665
Monon Walk ApartmentsStudioStudio,1BA$810
LandmarkRanierStudio,1BA$870
Carrollton Manor Apartments1 Bed 1 Bath Unfurnished1BR,1BA$900
Wellington Square Apartments1BR/1BA1BR,1BA$926
Summit at KeystoneThe Aspen1BR,1BA$949
WoodlakeOne Bedroom Apartment1BR,1BA$969
The Pines at SoBro1x1 - Classic1BR,1BA$969
Broad Ripple Trails2BR-U Commons2BR,1BA$999

Best Value Apartments for Rent in Warfleigh, IN

As of July 08, 2026 the best value apartment in the Warfleigh area is the $1.00 price per square foot Harmony: Three Bedroom Apartment Model at Somerset Lakes in the in the Nora neighborhood starting from $1,626. The second greatest value Warfleigh apartment is the 2Bed/2Ba-Up (H) Model at Meridian Lakes starting at $1,334 with a $1.17 price per square foot in the Faith Knoll neighborhood. Here is today’s list of the best values for Warfleigh apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Somerset LakesHarmony: Three Bedroom Apartment3BR,2BA$1.00
Meridian Lakes2Bed/2Ba-Up (H)2BR,2BA$1.17
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.29
Jade North ApartmentsPlan H2BR,1.5BA$1.10
The Grove on Harcourt1x1.5 Large Renovated1BR,1.5BA$1.30
Willow BrookTwo Bedroom One Bath2BR,1BA$1.40
WoodlakeOne Bedroom Apartment1BR,1BA$1.38
Summit at KeystoneThe Aspen1BR,1BA$1.36
Wellington Square Apartments1BR/1BA1BR,1BA$1.35
Monon Walk ApartmentsStudioStudio ,1BA$1.35

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Warfleigh, Indianapolis, IN

Ranked #52

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team is happy to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Indianapolis, Indiana. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Warfleigh Apartments

What is a cheap apartment in Warfleigh?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Warfleigh is under $999.

What is the price of a cheap apartment in Warfleigh?

The cheapest apartment in Warfleigh is The Meridian North and South which is listed at $714, while the average apartment in Warfleigh costs $1,516.

What types of apartments are the cheapest in Warfleigh?

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 22 regular apartments in Warfleigh 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 Warfleigh?

Cheap apartments in Warfleigh have an average cost of $580 which is $936 cheaper than the average rent for all rentals in Warfleigh.

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.

Helpful Local Expert Guides

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Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

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