
Cheap Apartments for Rent in the SE Indianapolis Hancock Neighborhood of New Palestine, IN from $850 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the SE Indianapolis Hancock area of New Palestine.


Woodland Terrace
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Washington Village Apartments

Eastway Court Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
SE Indianapolis Hancock, New Palestine, IN Local Guide

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 | $1,201 | $1,099 | $1,350 |
| SE Indianapolis Hancock 2 Bedroom Apartments | $1,375 | $850 | $1,649 |
| SE Indianapolis Hancock 3 Bedroom Apartments | $1,514 | $1,473 | $1,623 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the SE Indianapolis Hancock Neighborhood of New Palestine, IN.
See all Apartments in New PalestineExplore New Palestine
SE Indianapolis Hancock, New Palestine, IN Local Guide
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Best Value Apartments for Rent in SE Indianapolis Hancock, IN
As of September 23, 2026 the best value apartment in the SE Indianapolis Hancock area is the $1.37 price per square foot The Colonial Model at Washington Village Apartments in the Southeast Indianapolis neighborhood starting from $1,099. The second greatest value SE Indianapolis Hancock apartment is the 4259 Eclipse Way Model at 4259 Eclipse Way, Unit Sugar creek apartments in the Southeast Indianapolis neighborhood starting at $1,198 with a $1.51 price per square foot. 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 | $1.37 |
| 4259 Eclipse Way, Unit Sugar creek apartments | 4259 Eclipse Way | 2BR, 1BA | $1.51 |
| Grace Lane Apartments | The Glacier | 2BR, 1BA | $1.79 |
| Iron Trail at the Hub | 1x1-662 | 1BR, 1BA | $1.85 |
| Eastway Court Apartments | The Acadia | Studio, 1BA | $2.16 |
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.
Read ArticleNavigating 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.
Read ArticleReal 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.
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 LifestyleSe Indianapolis Hancock, New Palestine, IN
Ranked #2
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet 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.
What is the most affordable SE Indianapolis Hancock Three Bedroom Apartment?
The best deal on a cheap SE Indianapolis Hancock Three Bedroom Apartment rental is at Washington Village Apartments and starts from $1,473.
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

Welcome to Indy: A Local Expert's Guide to the City's Best Short-Term Rental Neighborhoods
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My name is Wendy, and I am the local expert for ApartmentHomeLiving.com in the Indianapolis area. Being born and raised in Indiana, I know the true meaning of Hoosier hospitality.

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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
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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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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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.
Articles, How-To's, and Tips

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.

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.

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.

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.