Cheap Apartments for Rent in McCordsville, IN from $649 (67 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 9031 S Eldorado Dr
$1,225 - $1,250
2 Bedroom Rentals
Available Now
Affordability

9031 S Eldorado Dr

IndianapolisIN46236

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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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property at 6324 Blakeview Dr
$1,695

Total Monthly Price

Base Rent$1,695
Total Monthly Price$1,695
3 Bedroom, 2 Bath Rentals
Available Now
Affordability

6324 Blakeview Dr

IndianapolisIN46235
property at 5869 High Grass Ln
$1,750

Total Monthly Price

Base Rent$1,750
Total Monthly Price$1,750
3 Bedroom, 2 Bath Rentals
Available Now
Affordability

5869 High Grass Ln

IndianapolisIN46235

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Showing Results 1-50, Page 1 of 2

McCordsville, IN Local Guide

Cheapest Available McCordsville Apartments for Rent

 

The cheapest available apartment rental in McCordsville, IN is a Studio unit found at Franklin Studios in the Far Eastside neighborhood priced from $649. Willowood East in the Southeast Indianapolis neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $760. Here is today’s list of the most affordable McCordsville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Franklin StudiosStudioStudio, 1BA$649
Willowood EastStudioStudio, 1BA$760
Spanish OaksStudioStudio, 1BA$775
The Vineyards Apartment HomesStudio ClassicStudio, 1BA$789
Serenity Park ApartmentsSTOP SCROLLING — SERENITY PARK IS UNDER NEW MAN...1BR, 1BA$794
Jamestowne ApartmentsClassic1BR, 1BA$825
Carriage House East1 Bedroom Apartment – Hope1BR, 1BA$900
Bavarian Village ApartmentsThe Challis 1 BR 1 BA1BR, 1BA$919
Benjamin CourtOne Bedroom One Bath1BR, 1BA$944
Fountainview ApartmentsOasis1BR, 1BA$950

Best Value Apartments for Rent in McCordsville, IN

As of September 23, 2026 the best value apartment in the McCordsville area is the $1.31 price per square foot Alan Model at Meridian Homes at Sycamore Drive in the Oakland Hills at Geist neighborhood starting from $2,185. The second greatest value McCordsville apartment is the 3 Bedroom Townhome – Empowerment Model at Carriage House East in the Southeast Indianapolis neighborhood starting at $1,400 with a $1.27 price per square foot. Here is today’s list of the best values for McCordsville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Meridian Homes at Sycamore DriveAlan3BR, 2BA$1.31
Carriage House East3 Bedroom Townhome – Empowerment3BR, 1.5BA$1.27
CrosswindsWright3BR, 1.5BA$1.12
Jefferson Place ApartmentsB1-U2BR, 2BA$1.38
Country Lake TownhomesThe Prince2BR, 1.5BA$1.25
Benjamin CourtTwo Bedroom Two Baths2BR, 2BA$1.43
Fountainview ApartmentsVista2BR, 1BA$1.42
Harrison Point ApartmentsRuby UPG2BR, 1BA$1.35
Jamestowne ApartmentsClassic1BR, 1BA$1.17
Serenity Park ApartmentsSTOP SCROLLING — SERENITY PARK IS UNDER NEW MAN...1BR, 1BA$1.33

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap McCordsville Apartments

What is the Cheapest Studio apartment in McCordsville?

Currently the most affordable Cheap Studio Apartment in McCordsville is at Franklin Studios listed at $649.

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

The lowest price for a Cheap One Bedroom McCordsville Apartment is $794 at Serenity Park Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in McCordsville is starting from $950 at Jamestowne Apartments.

What is the most affordable McCordsville Three Bedroom Apartment?

The best deal on a cheap McCordsville Three Bedroom Apartment rental is at Crosswinds and starts from $1,199.

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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

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

Written by: Robin Stewart

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.