Cheap Homes for Rent in Fairland, IN from $600 (9 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating 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.

property at 202 E Taylor St

202 E Taylor St

ShelbyvilleIN46176

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

property at 4881 300W

4881 300W

New PalestineIN46163

Fairland - One of the Best Affordable Neighborhoods in Indianapolis

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

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. Loper Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $966. Here is today’s list of the most affordable Fairland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Waterbury ApartmentsStudioStudio,1BA$750
Loper Commons.One Bedroom Apartment II1BR,1BA$966
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$989

Best Value Apartments for Rent in Fairland, IN and Nearby

As of May 12, 2025 the best value apartment in the Fairland area is the $1.19 price per square foot Windsor Model at Lakes of Windsor in the in the Southeast Indianapolis neighborhood starting from $1,670. The second greatest value Fairland apartment is the The Constellation 3 BR 2 BA Model at Latitudes Apartments starting at $1,719 with a $1.26 price per square foot in the Southeast Indianapolis 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.
Lakes of WindsorWindsor3BR,2BA$1.19
Latitudes ApartmentsThe Constellation 3 BR 2 BA3BR,2BA$1.26
Redwood IndianapolisBreezewood2BR,2BA$1.38
Washington Village ApartmentsThe Estate3BR,2BA$1.18
Keeneland Crest ApartmentsVictorian2BR,2BA$1.10
Emerald LakesWaterford2BR,2BA$1.36
Sundance ApartmentsThe Grand With Balcony 2 BR 2 BA2BR,2BA$1.36
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.03
St. Andrews2Bd/2Ba T2BR,2BA$1.36
Summit PointeThe Columbus1BR,1BA$1.31

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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Frequently Asked Questions about Fairland

What type of rentals are currently available in Fairland?

There are currently 37 Apartments for Rent in Fairland, IN with pricing that ranges from $670 to $3,949. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairland ranging from $695 to $2,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairland ranges from $695 to $2,500 with an average monthly rent of $1,593.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Fairland range from $1,296 to $3,949, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,545 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,040.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.