
Cheap Apartments for Rent in the Briarwood Trace Neighborhood of New Palestine, IN from $400 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Briarwood Trace area of New Palestine.


Woodland Terrace

Washington Village Apartments

Knoll Ridge Townhomes
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.

The Life at Belhaven Place

Cumberland Manor

Eastway Court Apartments

Muessing Apartments
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.
Briarwood Trace, New Palestine, IN Local Guide

How much does it cost to rent an apartment in Briarwood Trace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Briarwood Trace Studio Apartments | $716 | $495 | $970 |
| Briarwood Trace 1 Bedroom Apartments | $1,192 | $850 | $1,425 |
| Briarwood Trace 2 Bedroom Apartments | $1,337 | $965 | $1,840 |
| Briarwood Trace 3 Bedroom Apartments | $1,473 | $1,249 | $1,742 |
| Briarwood Trace 4 Bedroom Apartments | $1,664 | $1,585 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 3 mile radius of the Briarwood Trace Neighborhood of New Palestine, IN.
See all Apartments in New PalestineExplore New Palestine
Briarwood Trace, New Palestine, IN Local Guide
- Nearby New Palestine neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Briarwood Trace Apartments for Rent
 The cheapest available apartment rental in the Briarwood Trace area of Indianapolis, IN is a 1 Bed unit found at Knoll Ridge Townhomes priced from $850. Elmtree Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Briarwood Trace apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Knoll Ridge Townhomes | 1 Bed, 1 Bath | 1BR,1BA | $850 |
| Elmtree Park | 1 Bed 1 Bath | 1BR,1BA | $900 |
| Eastway Court Apartments | The Yellowstone | 2BR,1BA | $1,014 |
Best Value Apartments for Rent in Briarwood Trace, IN
As of April 24, 2026 the best value apartment in the Briarwood Trace area is the $1.28 price per square foot 4 Bed, 1.5 bath Townhome Model at Knoll Ridge Townhomes in the in the Southeast Indianapolis neighborhood starting from $1,600. The second greatest value Briarwood Trace apartment is the 2 Bed 2 Bath Model at The Life at Belhaven Place starting at $1,145 with a $1.25 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Briarwood Trace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Knoll Ridge Townhomes | 4 Bed, 1.5 bath Townhome | 4BR,1.5BA | $1.28 |
| The Life at Belhaven Place | 2 Bed 2 Bath | 2BR,2BA | $1.25 |
| Washington Village Apartments | The Colonial | 1BR,1BA | $1.46 |
| Cumberland Manor | 2 Bedroom 1 Bath | 2BR,1BA | $1.30 |
| Grace Lane Apartments | The Glacier | 2BR,1BA | $1.79 |
| Iron Trail | 1x1-703 | 1BR,1BA | $1.85 |
| Eastway Court Apartments | The Yellowstone | 2BR,1BA | $1.62 |
| Elmtree Park | 1 Bed 1 Bath | 1BR,1BA | $1.56 |
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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleBriarwood Trace, New Palestine, IN
Ranked #1
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Briarwood Trace Apartments
What is the price of a cheap apartment in Briarwood Trace?
The cheapest apartment in Briarwood Trace is Knoll Ridge Townhomes which is listed at $850, while the average apartment in Briarwood Trace costs $1,600.
What types of apartments are the cheapest in Briarwood Trace?
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 9 regular apartments in Briarwood Trace 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 Briarwood Trace?
Cheap apartments in Briarwood Trace have an average cost of $464 which is $1,136 cheaper than the average rent for all rentals in Briarwood Trace.
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

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.

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.

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.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

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.