Cheap Apartments for Rent in the Windsor Village Neighborhood of Indianapolis, IN from $500 (42 Rentals)

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

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.

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.

property at 6209 E 12th St

6209 E 12th St

IndianapolisIN46219
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Emerson Place
1 to 3 Bedroom Apartments

Emerson Place

2110 Emerson Knoll PlIndianapolis, IN 46218
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Helen Louise Apartments
1 Bedroom Apartments

Helen Louise Apartments

5822 E Washington StIndianapolis, IN 46219
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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3825 N Whittier Pl
1 Bedroom Apartments

3825 N Whittier Pl

3825 N Whittier PlIndianapolis, IN 46226
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East Ridge
1 to 3 Bedroom Apartments

East Ridge

2302 N Ritter AveIndianapolis, IN 46218
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Frederick Square
1 to 2 Bedroom Apartments

Frederick Square

6020 E 30th StIndianapolis, IN 46218
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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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1745 N Ritter Ave
1 Bedroom Apartments

1745 N Ritter Ave

1745 N Ritter AveIndianapolis, IN 46218
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Ritter Apartments
1 to 2 Bedroom Apartments

Ritter Apartments

1708 N Ritter AveIndianapolis, IN 46218
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Braeburn Village
1 to 3 Bedroom Apartments

Braeburn Village

2170 Braeburn East DrIndianapolis, IN 46219
  • Utilities Included

Windsor Village - 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!

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Abbey Meadows
2 Bedroom Apartments

Abbey Meadows

259 N Shortridge RdIndianapolis, IN 46219
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Windsor Village, Indianapolis, IN Local Guide

Cheapest Available Windsor Village Apartments for Rent

 

The cheapest available apartment rental in the Windsor Village area of Indianapolis, IN is a 2 Beds unit found at Courts Apartments priced from $700. The Aerie on 11th Street has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here are the most affordable Windsor Village apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Courts Apartments2 Bedroom 1 Bathroom Apartment2BR,1BA$700
The Aerie on 11th Street6260 East 11th Street - Apt 3022BR,1BA$700
Autumn Trails ApartmentsThe MapleStudio,1BA$749
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$825
OlivewoodStudioStudio,1BA$825
Kingston Square ApartmentsThe AshStudio,1BA$829
Indy Town ApartmentsArlington Green 2 bedroom2BR,1BA$832
Vistas Apartments2 Bedroom 1 Bath Apartment2BR,1BA$907
Greenway ApartmentsGreenway 2 bedroom2BR,1BA$941

Best Value Apartments for Rent in Windsor Village, IN

As of June 26, 2025 the best value apartment in the Windsor Village area is the $1.15 price per square foot Three Bedroom Two Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,539. The second greatest value Windsor Village 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 Windsor Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Paragon ParkThree Bedroom Two Bath3BR,2BA$1.15
7302 East Washington Street, Unit A7302 East Washington StreetStudio ,1.5BA$1.04
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 Bedroom Townhome2BR,1BA$0.82
60 - ADDISON APARTMENTS2nd/3rd Floor Standard2BR,1BA$0.95
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$0.86
Vistas Apartments2 Bedroom 1.5 Bath Townhouse2BR,1.5BA$1.15
Frederick SquareFrederick Square 2 bedroom2BR,1BA$1.15
The Aerie on 11th Street6260 East 11th Street - Apt 3022BR,1BA$0.82
Greenway ApartmentsGreenway 2 bedroom2BR,1BA$1.11
Braeburn Village2X1-502BR,1BA$1.19

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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
Windsor Village, Indianapolis, IN

Ranked #221

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Windsor Village Neighborhood in Indianapolis, IN

Walk Score®

40 / 100

Car-Dependent

Most errands require a car

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

33 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Windsor Village Apartments

What is a cheap apartment in Windsor Village?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Windsor Village is under $941.

What is the price of a cheap apartment in Windsor Village?

The cheapest apartment in Windsor Village is Courts Apartments which is listed at $762, while the average apartment in Windsor Village costs $1,750.

What types of apartments are the cheapest in Windsor Village?

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 17 regular apartments in Windsor Village 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 Windsor Village?

Cheap apartments in Windsor Village have an average cost of $776 which is $974 cheaper than the average rent for all rentals in Windsor Village.

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.

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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.

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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.

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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.

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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.