Cheap Apartments for Rent in the Warren Park Neighborhood of Indianapolis, IN from $500 (17 Rentals)

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

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Helen Louise Apartments
1 Bedroom Apartments

Helen Louise Apartments

5822 E Washington StIndianapolis, IN 46219
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Abbey Meadows
2 Bedroom Apartments

Abbey Meadows

259 N Shortridge RdIndianapolis, IN 46219
  • Utilities Included

Warren Park, Indianapolis, IN Local Guide

Cheapest Available Warren Park Apartments for Rent

 

The cheapest available apartment rental in the Warren Park area of Indianapolis, IN is a 2 Beds unit found at The Aerie on 11th Street priced from $700. Courts Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $711. Here are the most affordable Warren Park apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Aerie on 11th Street6260 East 11th Street - Apt 3072BR,1BA$700
Courts Apartments2 Bedroom 1 Bathroom Apartment2BR,1BA$711
Vistas Apartments2 Bedroom 1 Bath Apartment2BR,1BA$869
50 - SAXONY COURT APARTMENTSSaxony 2 Bd Standard2BR,1BA$875
Kingston Square ApartmentsThe AshStudio,1BA$879

Best Value Apartments for Rent in Warren Park, IN

As of May 31, 2025 the best value apartment in the Warren Park area is the $1.13 price per square foot Three Bedroom Two Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,519. The second greatest value Warren Park apartment is the Beautiful Renovated Historic Apartment - 2 bedr... Model at School 85 starting at $1,610 with a $1.24 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Warren Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Paragon ParkThree Bedroom Two Bath3BR,2BA$1.13
School 85Beautiful Renovated Historic Apartment - 2 bedr...2BR,2BA$1.24
7302 East Washington Street, Unit A7302 East Washington StreetStudio ,1.5BA$1.04
Country Lake TownhomesThe Prince2BR,1.5BA$1.40
60 - ADDISON APARTMENTS1st Floor Remodel + W/D Hookups2BR,1BA$0.95
Vistas Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1.01
The Aerie on 11th Street6260 East 11th Street - Apt 3052BR,1BA$0.82
Courts Apartments2 Bedroom 1 Bathroom Apartment2BR,1BA$0.91
50 - SAXONY COURT APARTMENTSSaxony 2 Bd Standard2BR,1BA$1.18
Indy Town ApartmentsArlington Green 2 bedroom2BR,1BA$1.30

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Warren Park, Indianapolis, IN

Ranked #215

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Warren Park Apartments

What is the price of a cheap apartment in Warren Park?

The cheapest apartment in Warren Park is Lake Marina Apartments which is listed at $899, while the average apartment in Warren Park costs $1,575.

What types of apartments are the cheapest in Warren Park?

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 15 regular apartments in Warren Park 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 Warren Park?

Cheap apartments in Warren Park have an average cost of $173 which is $1,402 cheaper than the average rent for all rentals in Warren Park.

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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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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.