Cheap Apartments for Rent in Lawrence, IN from $400 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lawrence.

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M Club Apartments
$767 - $2,072
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$757 - $2,062
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Studio to 2 Bedroom Apartments Available Now

M Club Apartments

7007 Courthouse DrIndianapolis, IN 46226
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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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Peppermill Farms
1 to 2 Bedroom Apartments

Peppermill Farms

6830 Mill View DrIndianapolis, IN 46226
  • Utilities Included

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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Cavalier Court
1 to 3 Bedroom Apartments

Cavalier Court

9108 E 38th PlIndianapolis, IN 46235
  • Utilities Included
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Maison Gardens
1 to 3 Bedroom Apartments

Maison Gardens

8808 Rue Madeleine RueIndianapolis, IN 46226
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Maplewood
2 to 3 Bedroom Apartments

Maplewood

12451 Pendleton PikeIndianapolis, IN 46236
  • Utilities Included

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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.

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Lawrence Landing
1 to 2 Bedroom Apartments

Lawrence Landing

6875 Faris AveIndianapolis, IN 46226
  • Utilities Included
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Freeman Apartments
1 to 2 Bedroom Apartments

Freeman Apartments

9117 Briergate CtIndianapolis, IN 46229
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Lawrence Glen
1 to 2 Bedroom Apartments

Lawrence Glen

8633 E 46th StIndianapolis, IN 46226
Showing Results 1-39, Page 1 of 1

Lawrence, IN Local Guide

Cheapest Available Lawrence Apartments for Rent

 

The cheapest available apartment rental in Lawrence, IN is a Studio unit found at Spanish Oaks in the Southeast Indianapolis neighborhood priced from $725. Franklin Studios in the Far Eastside neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Lawrence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Spanish OaksStudioStudio,1BA$725
Franklin StudiosStudioStudio,1BA$725
Autumn Trails ApartmentsThe MapleStudio,1BA$749
M Club ApartmentsS1Studio,1BA$767
Willowood EastStudioStudio,1BA$775
Kingston Square ApartmentsThe AshStudio,1BA$799
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$825
The Life at Harrison Trails1 BED 1 BATH A (LOFT)1BR,1BA$842
Frederick SquareFrederick Square 2 bedroom2BR,1BA$890
Lake Castleton ApartmentsCongressional1BR,1BA$896

Best Value Apartments for Rent in Lawrence, IN

As of March 15, 2026 the best value apartment in the Lawrence area is the $1.07 price per square foot 2 BR / 1.5 BA Model at Shadeland Terrace Townhomes w/Full Basements in the in the Southeast Indianapolis neighborhood starting from $1,395. The second greatest value Lawrence apartment is the 2 Bed 1 Bath Model at Brookhaven Apartments starting at $1,075 with a $0.91 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Lawrence apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Shadeland Terrace Townhomes w/Full Basements2 BR / 1.5 BA2BR,1.5BA$1.07
Brookhaven Apartments2 Bed 1 Bath2BR,1BA$0.91
Willow Glen East2x1.5 1111 TH2BR,1.5BA$1.20
Apartments @ Marten Court2x1 with washer/dryer2BR,1BA$1.23
Park Forest Apartments2BR/1BA2BR,1BA$1.27
Frederick SquareFrederick Square 2 bedroom2BR,1BA$1.01
Lawrence LandingOne Bedroom1BR,1BA$1.12
Castleton Manor ApartmentsThe Banyan1BR,1.5BA$1.25
Timber Point ApartmentsThe Ayers1BR,1BA$1.26
The Life at Harrison Trails1 BED 1 BATH A (LOFT)1BR,1BA$1.26

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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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Explore Lawrence, IN Rentals by Map

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Frequently Asked Questions about Cheap Lawrence Apartments

What is the Cheapest Studio apartment in Lawrence?

Currently the most affordable Cheap Studio Apartment in Lawrence is at Spanish Oaks listed at $725.

How much is rent for a Cheap One Bedroom Lawrence Apartment?

The lowest price for a Cheap One Bedroom Lawrence Apartment is $825 at Brookhaven Apartments.

What is the lowest price for a Cheap Two Bedroom Lawrence Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lawrence is starting from $890 at Frederick Square.

What is the most affordable Lawrence Three Bedroom Apartment?

The best deal on a cheap Lawrence Three Bedroom Apartment rental is at Timber Point Apartments and starts from $1,160.

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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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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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

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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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.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.