Cheap Apartments for Rent in the SE Indianapolis Hancock Neighborhood of New Palestine, IN from $800 (4 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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Woodland Terrace
Studio to 3 Bedroom Apartments

Woodland Terrace

4400 Terrace DrNew Palestine, IN 46163
Senior Living
  • Utilities Included
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Copperstone
Studio Apartments

Copperstone

2391 S Stonehill WayNew Palestine, IN 46163

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.

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.

SE Indianapolis Hancock, New Palestine, IN Local Guide

Best Value Apartments for Rent in SE Indianapolis Hancock, IN

As of October 13, 2025 the best value apartment in the SE Indianapolis Hancock area is the $1.24 price per square foot The Colonial Model at Washington Village Apartments in the in the Southeast Indianapolis neighborhood starting from $989. The second greatest value SE Indianapolis Hancock apartment is the 2BR/1BA Model at Sugar Creek Apartments starting at $1,198 with a $1.51 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$1.24
Sugar Creek Apartments2BR/1BA2BR,1BA$1.51
Iron Trail1x1-6621BR,1BA$1.85
Eastway Court ApartmentsThe Denali1BR,1BA$1.88

Quick Rent Budget Calculator

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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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Getting Around the SE Indianapolis Hancock Neighborhood in New Palestine, IN

Walk Score®

27 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $1,410.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.