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from $740Studio to 2 Bedroom Apartments Available Now
5700 Madison Apartments & Edgewood on Madison
5757 Madison AveIndianapolis, IN 46227
Cheap Apartments for Rent in the Winchester Village Neighborhood of Indianapolis, IN from $300 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Winchester Village area of Indianapolis.
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from $750Studio to 2 Bedroom Apartments Available Now
Waterbury Apartments
421 Waterbury StGreenwood, IN 46142
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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from $775Studio to 3 Bedroom Apartments Available Now
Polo Run Apartments
800 Kings Mill RdGreenwood, IN 46142
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Showing Results 1-10, Page 1 of 1
Winchester Village, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Winchester Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Winchester Village Studio Apartments | $1,022 | $740 | $1,325 |
| Winchester Village 1 Bedroom Apartments | $1,198 | $775 | $2,022 |
| Winchester Village 2 Bedroom Apartments | $1,442 | $920 | $2,181 |
| Winchester Village 3 Bedroom Apartments | $1,784 | $1,130 | $2,646 |
| Winchester Village 4 Bedroom Apartments | $1,725 | $1,725 | $1,725 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Winchester Village Neighborhood of Indianapolis, IN.
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Winchester Village, Indianapolis, IN Local Guide
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Cheapest Available Winchester Village Apartments for Rent
The cheapest available apartment rental in the Winchester Village area of Indianapolis, IN is a 1 Bed unit found at Windsor Court priced from $728. 5700 Madison Apartments & Edgewood on Madison has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here are the most affordable Winchester Village apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Windsor Court | Standard One Bedroom (SN1) | 1BR,1BA | $728 |
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Cypress | Studio,1BA | $740 |
| Waterbury Apartments | Studio | Studio,1BA | $750 |
Best Value Apartments for Rent in Winchester Village, IN
As of July 21, 2025 the best value apartment in the Winchester Village area is the $0.90 price per square foot 2 Bedroom Townhome Model at SOUTHPORT AT BUCK CREEK in the in the Winchester Village neighborhood starting from $1,259. The second greatest value Winchester Village apartment is the 2 Bedroom 1.5 Bath Townhome Model at Mansfield Village Townhomes starting at $1,650 with a $1.24 price per square foot in the Winchester Village neighborhood. Here is today’s list of the best values for Winchester Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| SOUTHPORT AT BUCK CREEK | 2 Bedroom Townhome | 2BR,1.5BA | $0.90 |
| Mansfield Village Townhomes | 2 Bedroom 1.5 Bath Townhome | 2BR,1.5BA | $1.24 |
| Stonehedge Apartments | The Luna | 2BR,1BA | $1.28 |
| Oak Park | Forest | 1BR,1BA | $1.17 |
| Encore Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.30 |
| Martinique Terrace | 1Bd/1Ba-Dn Mini W/D | 1BR,1BA | $1.35 |
| Waterford Place Apartments | The Dublin | 2BR,1BA | $1.37 |
| The Sterling | The Lexington | 1BR,1BA | $1.32 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $1.18 |
| South & Madison | E2 | Studio ,1BA | $1.23 |
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Pet Friendly LifestyleWinchester Village, Indianapolis, IN
Ranked #70
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Winchester Village, Indianapolis, IN
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States and customized analysis for South Indianapolis. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, transit availability, pet-friendly communities, multifamily communities for the kids, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Winchester Village Apartments
What is the Cheapest Studio apartment in Winchester Village?
Currently the most affordable Cheap Studio Apartment in Winchester Village is at 5700 Madison Apartments & Edgewood on Madison listed at $740.
How much is rent for a Cheap One Bedroom Winchester Village Apartment?
The lowest price for a Cheap One Bedroom Winchester Village Apartment is $728 at Windsor Court.
What is the lowest price for a Cheap Two Bedroom Winchester Village Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Winchester Village is starting from $956 at Polo Run Apartments.
What is the most affordable Winchester Village Three Bedroom Apartment?
The best deal on a cheap Winchester Village Three Bedroom Apartment rental is at Berkley Commons and starts from $1,130.
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.