Cheap Apartments for Rent in the West Indianapolis Neighborhood of Indianapolis, IN from $579 (51 Rentals)

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

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Lake Castleton Apartments
Rent Specials
$815 - $1,501

Total Monthly Price

Base Rent$815 - $1,501

Total Monthly Price$815 - $1,501
Studio to 2 Bedroom Apartments Available Now

Lake Castleton Apartments

7601 Carlton Arms DrIndianapolis, IN 46256
Affordability
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Rent According to Income: A Look at Income-Restricted Rentals

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9 On Canal
$1,163 - $3,568

Total Monthly Price

Base Rent$1,163 - $3,568

Total Monthly Price$1,163 - $3,568
Studio to 3 Bedroom Apartments Available Now

9 On Canal

335 W 9th StIndianapolis, IN 46202
Furnished
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  • 3D Tour

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Central State Mansion
Studio to 3 Bedroom Apartments

Central State Mansion

202 Steeples BlvdIndianapolis, IN 46222
Student Housing

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Plaza at Central Greens
1 to 3 Bedroom Apartments

Plaza at Central Greens

3010 W Washington StIndianapolis, IN 46222
  • Utilities Included

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.

West Indianapolis, Indianapolis, IN Local Guide

Cheapest Available West Indianapolis Apartments for Rent

 

The cheapest available apartment rental in the West Indianapolis area of Indianapolis, IN is a Studio unit found at Garfield Park Village priced from $656. The Boardwalk at Westlake Apartments and Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $730. Here are the most affordable West Indianapolis apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Garfield Park Village0/1 ClassicStudio, 1BA$656
The Boardwalk at Westlake Apartments and TownhomesOne Bedroom - 516 sqft1BR, 1BA$730
The Meridian North and SouthA7S South1BR, 1BA$734
Berkley CommonsOne Bedroom One Bath1BR, 1BA$749
Brookwood Apartments1 Bedroom 1 Bathroom1BR, 1BA$781
Lake Castleton ApartmentsJacksonStudio, 1BA$815
Beech Meadow ApartmentsBirch1BR, 1BA$889
Astoria Park Apartment HomesOne Bedroom - 712 sqft1BR, 1BA$890
Enclave Park 100The EnclaveStudio, 1BA$899
The Prairies Apartment Homes1x1 Classic1BR, 1BA$899

Best Value Apartments for Rent in West Indianapolis, IN

As of September 28, 2026 the best value apartment in the West Indianapolis area is the $1.10 price per square foot 1 Bedroom 1 Bath Model at The Block in the Riley neighborhood starting from $1,599. The second greatest value West Indianapolis apartment is the Lilac Model at Everly at Meridian Hills in the Faith Knoll neighborhood starting at $1,609 with a $1.15 price per square foot. Here is today’s list of the best values for West Indianapolis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Block1 Bedroom 1 Bath1BR, 1BA$1.10
Everly at Meridian HillsLilac2BR, 2BA$1.15
Runaway Bay ApartmentsNewport 12BR, 2BA$1.30
The HermitageThe Sanctuary3BR, 1BA$1.26
Brookwood Apartments3 Bedroom 1.5 Bath3BR, 1.5BA$1.30
Astoria Park Apartment HomesTwo Bedroom 1.5 Bath - 960 sqft2BR, 1.5BA$1.36
The Assumption on Blaine1 Bed 1 Bath1BR, 1BA$1.31
Berkley CommonsTwo Bedroom One Bath2BR, 1BA$1.41
Beech Meadow ApartmentsBirch1BR, 1BA$1.19
Eagle Lake LandingThe Buoy1BR, 1BA$1.50

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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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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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.

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Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
West Indianapolis, Indianapolis, IN

Ranked #23

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap West Indianapolis Apartments

What is a cheap apartment in West Indianapolis?

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

What is the price of a cheap apartment in West Indianapolis?

The cheapest apartment in West Indianapolis is The Meridian North and South which is listed at $684, while the average apartment in West Indianapolis costs $1,375.

What types of apartments are the cheapest in West Indianapolis?

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 97 regular apartments in West Indianapolis 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 West Indianapolis?

Cheap apartments in West Indianapolis have an average cost of $190 which is $1,185 cheaper than the average rent for all rentals in West Indianapolis.

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.

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My name is Wendy, and I am the local expert for ApartmentHomeLiving.com in the Indianapolis area. Being born and raised in Indiana, I know the true meaning of Hoosier hospitality.

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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.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

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

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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.