Cheap Apartments for Rent in the Warren Park Neighborhood of Indianapolis, IN from $450 (34 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

Read Article
property at 6054 E 16th St
$949
2 Bedroom Rentals
Available Now
Affordability

6054 E 16th St

IndianapolisIN46219
  • Smoke Free

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
close
View Me
SUITES OF IRVINGTON
Studio to 2 Bedroom Apartments

SUITES OF IRVINGTON

5730 E Washington StIndianapolis, IN 46219

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

Read Article
close
View Me
Abbey Meadows
2 Bedroom Apartments

Abbey Meadows

259 N Shortridge RdIndianapolis, IN 46219
  • Utilities Included
close
View Me
Saxony Court
1 to 2 Bedroom Apartments

Saxony Court

29-49 S Audubon RdIndianapolis, IN 46219
  • Utilities Included

Warren Park - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Read Article
Showing Results 1-34, Page 1 of 1

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 Studio unit found at Serenity Manor 55+ Active Adult priced from $659. Olivewood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Warren Park apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Serenity Manor 55+ Active AdultStudioStudio,1BA$659
OlivewoodStudioStudio,1BA$750
D&T Nest0 Bedroom 1 Bath - 59118Studio,1BA$764
Reserves at Warren ParkOne Bedroom1BR,1BA$775
Arlington GreenArlington Green 2 bedroom2BR,1BA$836
English Village ApartmentsINEGV 1x1 615sqft - Classic1BR,1BA$850
East RidgeTwo Bedroom2BR,1BA$850
Greenway ApartmentsGreenway 2 bedroom (Large)2BR,1BA$865
Frederick SquareFrederick Square 2 bedroom2BR,1BA$869
Parkhaven Apartment Homes1.11BR,1BA$899

Best Value Apartments for Rent in Warren Park, IN

As of September 10, 2026 the best value apartment in the Warren Park area is the $0.80 price per square foot Glen Ridge 2 bedroom Flat Model at Glen Ridge Manor Townhomes and Flats in the in the Martindale neighborhood starting from $1,075. The second greatest value Warren Park apartment is the The Estate - Two Bedroom 1.5 Bath Model at Paragon Park starting at $1,249 with a $1.02 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.
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 bedroom Flat2BR,1BA$0.80
Paragon ParkThe Estate - Two Bedroom 1.5 Bath2BR,1.5BA$1.02
7302 East Washington Street, Unit A7302 East Washington StreetStudio ,1.5BA$1.04
60 - ADDISON APARTMENTS1st Floor Remodel + W/D Hookups2BR,1BA$0.96
Frederick SquareFrederick Square 2 bedroom Large2BR,1BA$0.96
East RidgeTwo Bedroom2BR,1BA$0.97
Greenway ApartmentsGreenway 2 bedroom2BR,1BA$1.02
Reserves at Warren ParkTwo Bedroom2BR,1BA$1.09
Arlington GreenArlington Green 2 bedroom2BR,1BA$1.22
Serenity Manor 55+ Active AdultStudioStudio ,1BA$1.10

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.

Read Article
Decorative image

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.

Read Article

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

Read Article
Decorative image

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.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Warren Park, Indianapolis, IN

Ranked #180

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Warren Park Apartments

What is a cheap apartment in Warren Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Warren Park is under $899.

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

The cheapest apartment in Warren Park is Serenity Manor 55+ Active Adult which is listed at $755, while the average apartment in Warren Park costs $1,009.

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 12 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 $182 which is $827 cheaper than the average rent for all rentals in Warren Park.

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

decorative image for Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home article

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Written by: Wendy Melton

Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

decorative image for Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods article

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.

decorative image for Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters article

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.