
Cheap Apartments for Rent in the Warren Woods Neighborhood of Indianapolis, IN from $700 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Warren Woods area of Indianapolis.


Serenity Park Apartments

Harrison Point Apartments

Willowood East

Bristol Square
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Willow Glen East

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Lake Marina Apartments

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Carriage House East

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Warren Woods, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Warren Woods?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Warren Woods Studio Apartments | $843 | $799 | $1,049 |
| Warren Woods 1 Bedroom Apartments | $1,162 | $769 | $1,777 |
| Warren Woods 2 Bedroom Apartments | $1,373 | $899 | $2,250 |
| Warren Woods 3 Bedroom Apartments | $1,686 | $1,225 | $2,750 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Warren Woods Neighborhood of Indianapolis, IN.
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Warren Woods, Indianapolis, IN Local Guide
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Cheapest Available Warren Woods Apartments for Rent
 The cheapest available apartment rental in the Warren Woods area of Indianapolis, IN is a Studio unit found at Spanish Oaks priced from $749. Serenity Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $769. Here are the most affordable Warren Woods apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Spanish Oaks | Studio | Studio,1BA | $749 |
| Serenity Park Apartments | Serenity Park - Cozy, Convenient, and Priced Ri... | 1BR,1BA | $769 |
| Bristol Square | 1 Bedroom Loft | 1BR,1BA | $860 |
| Lake Marina Apartments | The Runabout | 1BR,1BA | $899 |
| The Vineyards Apartment Homes | 1x1 Classic | 1BR,1BA | $899 |
Best Value Apartments for Rent in Warren Woods, IN
As of January 04, 2026 the best value apartment in the Warren Woods area is the $1.37 price per square foot 3 Bedroom Townhome Empowerment Model at Carriage House East in the in the Southeast Indianapolis neighborhood starting from $1,508. The second greatest value Warren Woods apartment is the Three Bedroom Model at The Haciendas starting at $1,493 with a $1.41 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Warren Woods apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Carriage House East | 3 Bedroom Townhome Empowerment | 3BR,1.5BA | $1.37 |
| The Haciendas | Three Bedroom | 3BR,2BA | $1.41 |
| Country Lake Townhomes | The Prince | 2BR,1.5BA | $1.35 |
| Warren Harbor Apartments | The Luxor | 2BR,2BA | $1.32 |
| Fountainview Apartments | Vista | 2BR,1BA | $1.42 |
| Crosswinds | Earhart | 2BR,1BA | $1.46 |
| Bristol Square | 1 Bedroom Loft | 1BR,1.5BA | $1.06 |
| Lake Marina Apartments | The Runabout | 1BR,1BA | $1.40 |
| The Vineyards Apartment Homes | 1x1 Classic | 1BR,1BA | $1.40 |
| Serenity Park Apartments | Serenity Park - Cozy, Convenient, and Priced Ri... | 1BR,1BA | $1.29 |
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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Read ArticleYour 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 ArticleQuick 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.
Pet Friendly LifestyleWarren Woods, Indianapolis, IN
Ranked #158
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Warren Woods Apartments
What is a cheap apartment in Warren Woods?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Warren Woods is under $1,042.
What is the price of a cheap apartment in Warren Woods?
The cheapest apartment in Warren Woods is Serenity Park Apartments which is listed at $769, while the average apartment in Warren Woods costs $1,599.
What types of apartments are the cheapest in Warren Woods?
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 25 regular apartments in Warren Woods 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 Woods?
Cheap apartments in Warren Woods have an average cost of $191 which is $1,408 cheaper than the average rent for all rentals in Warren Woods.
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.

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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

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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.

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Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
