Cheap Homes for Rent in Zionsville, IN from $800 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in Zionsville.

property at 3612 Diane Ln

$1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

2 Bedroom, 1 Bath Home for Rent

Available Now

3612 Diane Ln

LebanonIN46052

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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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.

Zionsville, IN Local Guide

Cheapest Available Zionsville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Zionsville, IN is a 1 Bed unit found at Carlton Apartments in the Spring Arbor neighborhood priced from $810. The Villages of Bent Tree Apartments in the Spring Arbor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable Zionsville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Carlton ApartmentsVilla1BR,1BA$810
The Villages of Bent Tree ApartmentsThe Bay - 1 Bedroom 1 Bath1BR,1BA$999
King's Reserve College Park 55+ Active LivingStudio AlcoveStudio,1BA$1,025

Best Value Apartments for Rent in Zionsville, IN and Nearby

As of June 11, 2026 the best value apartment in the Zionsville area is the $1.47 price per square foot Tallmadge TH Model at Prairie Chase in the in the Lebanon Whitestown neighborhood starting from $2,435. The second greatest value Zionsville apartment is the Shelbourne Model at Willow Lake Apartments starting at $2,005 with a $1.30 price per square foot in the Spring Arbor neighborhood. Here is today’s list of the best values for Zionsville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Prairie ChaseTallmadge TH3BR,2.5BA$1.47
Willow Lake ApartmentsShelbourne2BR,2BA$1.30
Jackson Run TownhomesBarton 3 Bed3BR,2.5BA$1.46
Lakeshore Reserve Off 86th Apartments and TownhomesThree Bedroom 2.5 Bath Townhome3BR,2.5BA$1.32
The E2 BD/2 BA - COURTYARD2BR,2BA$1.50
Westbury CourtThree Bedroom Townhome (T3)3BR,2.5BA$1.19
The Rail at 1380The Boiler2BR,2BA$1.48
The Elliott at College Park Apartment HomesTwo Bedroom 1.5 Bath2BR,1.5BA$1.29
Crooked CreekThe Emerald & The Jade2BR,1.5BA$1.42
The EclipseThe Vega w/Den - Upgraded1BR,1.5BA$1.41

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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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Zionsville

What type of rentals are currently available in Zionsville?

There are currently 58 Apartments for Rent in Zionsville, IN with pricing that ranges from $786 to $6,480. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Zionsville ranging from $800 to $4,900.

What is the current price range for Rental Homes in Zionsville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Zionsville ranges from $800 to $4,900 with an average monthly rent of $2,326.

How much are larger Three and Four Bedroom Rentals in Zionsville?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Zionsville range from $1,474 to $3,702, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $2,510.

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

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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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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.

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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.

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Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

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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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.