Cheap Apartments for Rent in the Windsor Village Neighborhood of Indianapolis, IN from $650 (32 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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property at 6054 E 16th St
$949
2 Bedroom Rentals
Available Now
Affordability

6054 E 16th St

IndianapolisIN46219
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Ritter Apartments
Studio to 2 Bedroom Apartments

Ritter Apartments

1708 N Ritter AveIndianapolis, IN 46218

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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1745 N Ritter Ave
1 Bedroom Apartments

1745 N Ritter Ave

1745 N Ritter AveIndianapolis, IN 46218

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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Showing Results 1-32, 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 Studio unit found at Serenity Manor 55+ Active Adult priced from $659. Olivewood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Windsor Village apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Serenity Manor 55+ Active AdultStudioStudio,1BA$659
OlivewoodStudioStudio,1BA$750
D&T Nest0 Bedroom 1 Bath - 59118Studio,1BA$764
Kingston Square ApartmentsThe AshStudio,1BA$799
Arlington GreenArlington Green 2 bedroom2BR,1BA$811
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$825
East RidgeTwo Bedroom2BR,1BA$850
Greenway ApartmentsGreenway 2 bedroom2BR,1BA$865
Frederick SquareFrederick Square 2 bedroom2BR,1BA$883
Minnie HartmanThe Lillie 40%2BR,1BA$887

Best Value Apartments for Rent in Windsor Village, IN

As of September 13, 2026 the best value apartment in the Windsor Village area is the $0.82 price per square foot Glen Ridge 2 bedroom Flat Model at Glen Ridge Manor Townhomes and Flats in the in the Martindale neighborhood starting from $1,094. The second greatest value Windsor Village apartment is the The Estate - Two Bedroom 1.5 Bath Model at Paragon Park starting at $1,249 with a $1.02 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.
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 bedroom Flat2BR,1BA$0.82
Paragon ParkThe Estate - Two Bedroom 1.5 Bath2BR,1.5BA$1.02
7302 East Washington Street, Unit A7302 East Washington StreetStudio ,1.5BA$1.04
Brookhaven Apartments2 Bed 1 Bath2BR,1BA$0.91
Apartments @ Marten Court2x12BR,1BA$1.15
Frederick SquareFrederick Square 2 bedroom2BR,1BA$1.00
East RidgeTwo Bedroom2BR,1BA$0.97
The Vistas Apartment Homes2x1 Classic2BR,1BA$1.17
Greenway ApartmentsGreenway 2 bedroom2BR,1BA$1.02
Serenity Manor 55+ Active AdultStudioStudio ,1BA$1.10

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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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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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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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 #145

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

Pet Friendliness Lifestyle Score

3.5
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 $887.

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

The cheapest apartment in Windsor Village is Serenity Manor 55+ Active Adult which is listed at $755, while the average apartment in Windsor Village costs $1,059.

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 21 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 $280 which is $779 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.

Helpful Local Expert Guides

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Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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

Written by: Wendy Melton

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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.