Cheap Apartments for Rent in McCordsville, IN from $600 (46 Rentals)

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

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.

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.

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.

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.

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Maplewood
2 to 3 Bedroom Apartments

Maplewood

12451 Pendleton PikeIndianapolis, IN 46236
  • Utilities Included
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The Fort Apartments
1 to 3 Bedroom Apartments

The Fort Apartments

9230 Memorial Park DrIndianapolis, IN 46216

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.

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 $665. Spanish Oaks in the Southeast Indianapolis neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable McCordsville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Franklin StudiosStudioStudio,1BA$665
Spanish OaksStudioStudio,1BA$775
Willowood EastStudioStudio,1BA$795
Stonecrest Apartments1 bedroom 1 bath #31BR,1BA$840
Bavarian Village ApartmentsThe Challis 1 BR 1 BA1BR,1BA$868
The Vineyards Apartment HomesStudio ClassicStudio,1BA$889
Carriage House East1 Bedroom Apartment – Hope1BR,1BA$900
Benjamin CourtOne Bedroom One Bath1BR,1BA$944
Serenity Park ApartmentsNOW LEASING – NEW MANAGEMENT – APARTMENTS GOING...2BR,1BA$969
Jamestowne ApartmentsClassic1BR,1BA$975

Best Value Apartments for Rent in McCordsville, IN

As of June 23, 2026 the best value apartment in the McCordsville area is the $1.34 price per square foot Breezewood Model at Redwood Greenfield in the starting from $1,761. The second greatest value McCordsville apartment is the 3 Bedroom Model at Jefferson Place Apartments starting at $1,550 with a $1.31 price per square foot in the Barrington Estates neighborhood. 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.
Redwood GreenfieldBreezewood2BR,2BA$1.34
Jefferson Place Apartments3 Bedroom3BR,2BA$1.31
Carriage House East3 Bedroom Townhome – Empowerment3BR,1.5BA$1.32
Country Lake TownhomesThe Prince2BR,1.5BA$1.35
Benjamin CourtTwo Bedroom Two Baths2BR,2BA$1.43
Fountainview ApartmentsVista2BR,1BA$1.42
Harrison Point ApartmentsRuby Reno2BR,1BA$1.47
CrosswindsEarhart2BR,1BA$1.40
Serenity Park ApartmentsNOW LEASING – NEW MANAGEMENT – APARTMENTS GOING...2BR,1BA$1.16
Jamestowne ApartmentsClassic1BR,1BA$1.38

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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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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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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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 $665.

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

The lowest price for a Cheap One Bedroom McCordsville Apartment is $840 at Stonecrest 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 $969 at Serenity Park 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 $1,354.

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 Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.