Cheap Apartments for Rent in the SE Indianapolis Hancock Neighborhood of New Palestine, IN from $800 (5 Rentals)

Search the lowest-cost Apartments available for rent right now in the SE Indianapolis Hancock area of New Palestine.

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Studio Apartments

Copperstone

2391 S Stonehill WayNew Palestine, IN 46163

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2 to 3 Bedroom Apartments

Woodland Terrace

4400 Terrace DrNew Palestine, IN 46163

Senior Living

Utilities Included

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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1 to 2 Bedroom Apartments

29 E Main Street

29 E Main StNew Palestine, IN 46163

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Rent Specials

$1,180 - $1,7291 to 3 Bedroom Apartments Available Now

Washington Village Apartments

4211 W Potomac DrGreenfield, IN 46140

Corporate Housing

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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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Studio to 2 Bedroom Apartments

Eastway Court Apartments

3 Manor DrGreenfield, IN 46140

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SE Indianapolis Hancock, New Palestine, IN Local Guide

Apartments for rent in SE Indianapolis Hancock, IN

Town of New Palestine by Chris Flook is licensed under CC BY 4.0

How much does it cost to rent an apartment in SE Indianapolis Hancock?

Bedroom	Average Rent	Cheapest Rent	Highest Rent
SE Indianapolis Hancock 1 Bedroom Apartments	$1,259	$1,180	$1,350
SE Indianapolis Hancock 2 Bedroom Apartments	$1,349	$1,195	$1,599
SE Indianapolis Hancock 3 Bedroom Apartments	$1,571	$1,489	$1,729

Browse Apartments in this Neighborhood

There are currently 5 rentals with your search options within a 2 mile radius of the SE Indianapolis Hancock Neighborhood of New Palestine, IN.

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SE Indianapolis Hancock, New Palestine, IN Local Guide

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Cheapest Available SE Indianapolis Hancock Apartments for Rent

The cheapest available apartment rental in the SE Indianapolis Hancock area of Indianapolis, IN is a 1 Bed unit found at Eastway Court Apartments priced from $940. Washington Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,198. Here are the most affordable SE Indianapolis Hancock apartments for rent in Indianapolis, IN:

Apartment Listing	Model Name	Bed/Bath	Priced From
Eastway Court Apartments	The Denali	1BR,1BA	$940
Washington Village Apartments	The Colonial	1BR,1BA	$1,198
Iron Trail at the Hub	1x1.5TH	1BR,1BA	$1,282

Best Value Apartments for Rent in SE Indianapolis Hancock, IN

As of June 19, 2026 the best value apartment in the SE Indianapolis Hancock area is the $1.48 price per square foot The Colonial Model at Washington Village Apartments in the in the Southeast Indianapolis neighborhood starting from $1,180. The second greatest value SE Indianapolis Hancock apartment is the The Glacier Model at Grace Lane Apartments starting at $1,350 with a $1.79 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for SE Indianapolis Hancock apartments based on price per square foot:

Apartment Listing	Model Name	Bed/Bath	Price Per Sq.Ft.
Washington Village Apartments	The Colonial	1BR,1BA	$1.48
Grace Lane Apartments	The Glacier	2BR,1BA	$1.79
Iron Trail at the Hub	1x1-703	1BR,1BA	$1.85
Eastway Court Apartments	The Denali	1BR,1BA	$1.88

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.

Pet Friendly Lifestyle
Se Indianapolis Hancock, New Palestine, IN

Ranked #2

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

Frequently Asked Questions about Cheap SE Indianapolis Hancock Apartments

How much is rent for a Cheap One Bedroom SE Indianapolis Hancock Apartment?

The lowest price for a Cheap One Bedroom SE Indianapolis Hancock Apartment is $940 at Eastway Court Apartments.

What is the lowest price for a Cheap Two Bedroom SE Indianapolis Hancock Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in SE Indianapolis Hancock is starting from $1,014 at Eastway Court Apartments.

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.

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