Cheap Apartments for Rent in the Windsor Village Neighborhood of Indianapolis, IN from $400 (47 Rentals)

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

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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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SUITES OF IRVINGTON
Studio to 2 Bedroom Apartments

SUITES OF IRVINGTON

5730 E Washington StIndianapolis, IN 46219
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Emerson Place
1 to 3 Bedroom Apartments

Emerson Place

2110 Emerson Knoll PlIndianapolis, IN 46218
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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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Ritter Apartments
Studio to 2 Bedroom Apartments

Ritter Apartments

1708 N Ritter AveIndianapolis, IN 46218
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1745 N Ritter Ave
1 Bedroom Apartments

1745 N Ritter Ave

1745 N Ritter AveIndianapolis, IN 46218

Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

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Abbey Meadows
2 Bedroom Apartments

Abbey Meadows

259 N Shortridge RdIndianapolis, IN 46219
  • Utilities Included
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Braeburn Village
1 to 4 Bedroom Apartments

Braeburn Village

2170 Braeburn East DrIndianapolis, IN 46219

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Showing Results 1-47, Page 1 of 1

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 1 Bed unit found at Serenity Manor 55+ Independent Active Living priced from $699. Autumn Trails Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Windsor Village apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Serenity Manor 55+ Independent Active Living1 Bedroom/1 Bathroom1BR,1BA$699
Autumn Trails ApartmentsThe MapleStudio,1BA$749
Kingston Square ApartmentsThe AshStudio,1BA$799
The Courts Apartment Homes1x1 Classic1BR,1BA$839
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$850
Indy Town ApartmentsFrederick Square 2 bedroom2BR,1BA$904
Frederick SquareFrederick Square 2 bedroom2BR,1BA$904
The Vistas Apartment Homes2x1 Classic2BR,1BA$919
OlivewoodOne Bed One Bath1BR,1BA$945
60 - ADDISON APARTMENTSLeasing Specials2BR,1BA$959

Best Value Apartments for Rent in Windsor Village, IN

As of April 30, 2026 the best value apartment in the Windsor Village area is the $1.08 price per square foot The Mansion - Three Bedroom Two Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,449. 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 ParkThe Mansion - Three Bedroom Two Bath3BR,2BA$1.08
7302 East Washington Street, Unit A7302 East Washington StreetStudio ,1.5BA$1.04
Brookhaven Apartments2 Bed 1 Bath2BR,1BA$0.89
60 - ADDISON APARTMENTSLeasing Specials2BR,1BA$0.96
Indy Town ApartmentsFrederick Square 2 bedroom2BR,1BA$0.93
The Vistas Apartment Homes2x1,5 Townhome Classic2BR,1.5BA$1.10
Wyndham Hall2 Bedroom2BR,1.5BA$1.44
Frederick SquareFrederick Square 2 bedroom2BR,1BA$1.02
Northampton Village ApartmentsCottage1BR,1BA$1.49
Serenity Manor 55+ Independent Active LivingStudioStudio ,1BA$1.19

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Your 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

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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.

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Pet Friendly Lifestyle
Windsor Village, Indianapolis, IN

Ranked #200

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 $959.

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

The cheapest apartment in Windsor Village is Serenity Manor 55+ Independent Active Living which is listed at $699, while the average apartment in Windsor Village costs $1,800.

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 19 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 $496 which is $1,304 cheaper than the average rent for all rentals in Windsor Village.

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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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

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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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