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

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

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Copperstone
Studio Apartments

Copperstone

2391 S Stonehill WayNew Palestine, IN 46163
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Woodland Terrace
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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29 E Main Street
1 to 2 Bedroom Apartments

29 E Main Street

29 E Main StNew Palestine, IN 46163

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SE Indianapolis Hancock, New Palestine, IN Local Guide

Cheapest Available SE Indianapolis Hancock Apartments for Rent

 

The cheapest available apartment rental in the SE Indianapolis Hancock area of Indianapolis, IN is a 2 Beds unit found at Eastway Court Apartments priced from $1,014. Washington Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,165. Here are the most affordable SE Indianapolis Hancock apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Eastway Court ApartmentsThe Yellowstone2BR,1BA$1,014
Washington Village ApartmentsThe Colonial1BR,1BA$1,165
Grace Lane ApartmentsThe Rocky1BR,1BA$1,199

Best Value Apartments for Rent in SE Indianapolis Hancock, IN

As of April 27, 2026 the best value apartment in the SE Indianapolis Hancock area is the $1.46 price per square foot The Colonial Model at Washington Village Apartments in the in the Southeast Indianapolis neighborhood starting from $1,165. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Washington Village ApartmentsThe Colonial1BR,1BA$1.46
Grace Lane ApartmentsThe Glacier2BR,1BA$1.79
Iron Trail1x1-7031BR,1BA$1.85
Eastway Court ApartmentsThe Yellowstone2BR,1BA$1.62

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.

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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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The 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.

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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.

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Quick 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.

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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

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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 $1,165 at Washington Village 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 $1,430.

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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Articles, How-To's, and Tips

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