
Cheap Apartments for Rent in the Warren Park Neighborhood of Indianapolis, IN from $400 (3 Rentals)
Search the lowest-cost Apartments available for rent right now in the Warren Park area of Indianapolis.

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Warren Park, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Warren Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Warren Park Studio Apartments | $1,020 | $715 | $1,250 |
| Warren Park 1 Bedroom Apartments | $837 | $749 | $1,081 |
| Warren Park 2 Bedroom Apartments | $1,008 | $795 | $1,399 |
| Warren Park 4 Bedroom Apartments | $1,950 | $1,950 | $1,950 |
Browse Apartments in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Warren Park Neighborhood of Indianapolis, IN.
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Best Value Apartments for Rent in Warren Park, IN
As of March 13, 2026 the best value apartment in the Warren Park area is the $1.02 price per square foot The Estate - Two Bedroom 1.5 Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,249. The second greatest value Warren Park apartment is the 7302 East Washington Street Model at 7302 East Washington Street, Unit A starting at $1,250 with a $1.04 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Paragon Park | The Estate - Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.02 |
| 7302 East Washington Street, Unit A | 7302 East Washington Street | Studio ,1.5BA | $1.04 |
| 60 - ADDISON APARTMENTS | 2nd Floor Standard + W/D Hookups | 2BR,1BA | $0.95 |
| The Aerie on 11th Street | 2 Bedroom 1 Bath - 41454 | 2BR,1BA | $0.87 |
| Wyndham Hall Senior | 1 Bedroom 1 Bath | 1BR,1BA | $1.40 |
| Indy Town Apartments | Greenway 1 bedroom | 1BR,1BA | $1.17 |
| Serenity Manor 55+ Independent Active Living | Studio | Studio ,1BA | $1.19 |
| 50 - SAXONY COURT APARTMENTS | 1BD - New Floors | 1BR,1BA | $1.50 |
| D&T Nest | 0 Bedroom 1 Bath - 23033 | Studio ,1BA | $2.13 |
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 Serenity Manor 55+ Independent Active Living which is listed at $755, while the average apartment in Warren Park costs $1,950.
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 2 regular apartments in Warren Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
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.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.