Cheap Homes for Rent in Warren Park Neighborhood of Indianapolis, IN from $500 (6 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

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. Serenity Manor 55+ Independent Active Living has the second lowest priced unit, which is a Studio apartment currently listed from $715. Here are the most affordable Warren Park apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Aerie on 11th Street2 Bedroom 1 Bath - 203292BR,1BA$700
Serenity Manor 55+ Independent Active LivingStudioStudio,1BA$715
Indy Town ApartmentsFrederick Square 2 bedroom2BR,1BA$934

Best Value Apartments for Rent in Warren Park, IN

As of September 21, 2025 the best value apartment in the Warren Park area is the $1.16 price per square foot Three Bedroom Two Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,549. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Paragon ParkThree Bedroom Two Bath3BR,2BA$1.16
7302 East Washington Street, Unit A7302 East Washington StreetStudio ,1.5BA$1.04
60 - ADDISON APARTMENTS1st Floor Standard2BR,1BA$0.95
Indy Town ApartmentsFrederick Square 2 bedroom2BR,1BA$0.96
The Vistas Apartment Homes2 Bedroom 1.5 Bath Townhouse2BR,1.5BA$1.13
The Aerie on 11th Street2 Bedroom 1 Bath - 203492BR,1BA$0.87
50 - SAXONY COURT APARTMENTSLeasing Specials2BR,1BA$1.28
Serenity Manor 55+ Independent Active Living1 Bedroom/1 Bathroom1BR,1BA$1.22

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 #239

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Warren Park

What type of rentals are currently available in Warren Park?

There are currently 35 Apartments for Rent in Warren Park, IN with pricing that ranges from $715 to $2,250. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Warren Park ranging from $595 to $1,550.

What is the current price range for Rental Homes in Warren Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Warren Park ranges from $595 to $1,550 with an average monthly rent of $1,042.

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.

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.