Cheap Apartments for Rent in the Ameriplex Neighborhood of Indianapolis, IN from $700 (10 Rentals)

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Cheap Apartments in the Ameriplex area of Indianapolis.

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.

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Valley Brook MHC
3 Bedroom Apartments

Valley Brook MHC

4620 S High School RdIndianapolis, IN 46241

Ameriplex - 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!

Ameriplex, Indianapolis, IN Local Guide

Cheapest Available Ameriplex Apartments for Rent

 

The cheapest available apartment rental in the Ameriplex area of Indianapolis, IN is a Studio unit found at Aspen Pointe Apartments priced from $975. Home Place Senior Living has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Ameriplex apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Aspen Pointe ApartmentsHickoryStudio,1BA$975
Home Place Senior Living1 BD 1 BTH1BR,1BA$1,000
Stone Ridge Flats and TownhomesAzure1BR,1BA$1,041

Best Value Apartments for Rent in Ameriplex, IN

As of May 02, 2025 the best value apartment in the Ameriplex area is the $1.20 price per square foot The Venture Model at Horizons Apartments in the in the Airport District neighborhood starting from $1,505. The second greatest value Ameriplex apartment is the The Sebastian Model at The Bristol Apartments starting at $1,710 with a $1.70 price per square foot in the Airport District neighborhood. Here is today’s list of the best values for Ameriplex apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Horizons ApartmentsThe Venture4BR,1.5BA$1.20
The Bristol ApartmentsThe Sebastian2BR,2BA$1.70
Camby Crossing2x22BR,2BA$1.39
Arborwood ApartmentsThe Ninebark1BR,1BA$1.51
Apex at Perry CrossingElevate - 1 Bedroom x 1 Bathroom1BR,1BA$1.83
Echo Park at Perry CrossingA2 | Marcel1BR,1BA$1.81
Stone Ridge Flats and TownhomesAzure1BR,1BA$1.45
Home Place Senior Living1 BD 1 BTH1BR,1BA$1.56
Aspen Pointe ApartmentsHickoryStudio ,1BA$1.83
Alpine StudiosAndorraStudio ,1BA$2.23

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Pet Friendly Lifestyle
Ameriplex, Indianapolis, IN

Ranked #167

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Ameriplex Neighborhood in Indianapolis, IN

Walk Score®

17 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

17 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Ameriplex Apartments

What is a cheap apartment in Ameriplex?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ameriplex is under $1,710.

What is the price of a cheap apartment in Ameriplex?

The cheapest apartment in Ameriplex is Home Place Senior Living which is listed at $1,000, while the average apartment in Ameriplex costs $2,295.

What types of apartments are the cheapest in Ameriplex?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Ameriplex that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Ameriplex?

Cheap apartments in Ameriplex have an average cost of $196 which is $2,099 cheaper than the average rent for all rentals in Ameriplex.

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.

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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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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.