Cheap Apartments for Rent in Fairland, IN from $600 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Fairland.

Fairland

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Read Article
property at 202 E Taylor St

202 E Taylor St

ShelbyvilleIN46176
Showing Results 1-13, Page 1 of 1

Fairland, IN Local Guide

Cheapest Available Fairland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fairland, IN is a Studio unit found at Waterbury Apartments in the Tracy Commons neighborhood priced from $750. Emerson Village in the Southeast Indianapolis neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $871. Here is today’s list of the most affordable Fairland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Waterbury ApartmentsStudioStudio,1BA$750
Emerson VillageThe Cardinal - Premium1BR,1BA$871
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$969
Keeneland Crest ApartmentsClassic1BR,1BA$999
Loper CommonsOne Bedroom Apartment I1BR,1BA$1,000

Best Value Apartments for Rent in Fairland, IN and Nearby

As of April 04, 2025 the best value apartment in the Fairland area is the $1.05 price per square foot 6722 Smithfield Blvd Model at 6722 Smithfield Blvd in the in the Southeast Indianapolis neighborhood starting from $2,090. The second greatest value Fairland apartment is the L3-SUN Model at The Links at Franklin starting at $2,200 with a $1.16 price per square foot in the Cityview Farm neighborhood. Here is today’s list of the best values for Fairland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
6722 Smithfield Blvd6722 Smithfield Blvd4BR,2.5BA$1.05
The Links at FranklinL3-SUN3BR,2BA$1.16
1624 Wagner Dr1624 Wagner Dr3BR,2.5BA$0.99
10826 Inspiration Dr10826 Inspiration Dr3BR,2BA$1.08
Brixin FranklinD1r3BR,2BA$1.20
Greenwood Oaks2 Bed/2.5 Bath Town Home2BR,2.5BA$1.14
Washington Village ApartmentsThe Estate3BR,2BA$1.18
The Row ApartmentsThe Lattice3BR,1BA$1.32
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.01
Summit PointeThe Tanzania1BR,1BA$1.33

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.

decorative image of people with a giant lease agreement

Best Local Schools in
Fairland, IN

School data provided by Great Schools

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

Explore Fairland, IN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Fairland, IN

View MapFairland, IN Apartments MapView MapFairland, IN Rental Homes Map

Getting Around Fairland, IN

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Fairland Apartments

What is the Cheapest Studio apartment in Fairland?

Currently the most affordable Cheap Studio Apartment in Fairland is at Waterbury Apartments listed at $750.

How much is rent for a Cheap One Bedroom Fairland Apartment?

The lowest price for a Cheap One Bedroom Fairland Apartment is $871 at Emerson Village.

What is the lowest price for a Cheap Two Bedroom Fairland Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fairland is starting from $969 at Martin Estates Apartments.

What is the most affordable Fairland Three Bedroom Apartment?

The best deal on a cheap Fairland Three Bedroom Apartment rental is at The Row Apartments and starts from $1,324.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.