
Cheap Apartments for Rent in the Ameriplex Neighborhood of Indianapolis, IN from $700 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Ameriplex area of Indianapolis.


Aspen Pointe Apartments
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.

Horizons Apartments

Stone Ridge Flats and Townhomes
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.

Alpine Studios

Home Place Senior Living
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.

Camby Crossing
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!

Apex at Perry Crossing

Echo Park at Perry Crossing
Ameriplex, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Ameriplex?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Ameriplex Studio Apartments | $976 | $876 | $1,084 |
Ameriplex 1 Bedroom Apartments | $1,407 | $925 | $2,765 |
Ameriplex 2 Bedroom Apartments | $1,714 | $1,105 | $3,365 |
Ameriplex 3 Bedroom Apartments | $1,734 | $1,345 | $5,446 |
Ameriplex 4 Bedroom Apartments | $1,861 | $1,505 | $2,120 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Ameriplex Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Ameriplex, Indianapolis, IN Local Guide
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Cheapest Available Ameriplex Apartments for Rent
 The cheapest available apartment rental in the Ameriplex area of Indianapolis, IN is a 1 Bed unit found at Home Place Senior Living priced from $1,000. Alpine Studios has the second lowest priced unit, which is a Studio apartment currently listed from $1,063. Here are the most affordable Ameriplex apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Home Place Senior Living | 1 BD 1 BTH | 1BR,1BA | $1,000 |
Alpine Studios | Andorra | Studio,1BA | $1,063 |
Aspen Pointe Apartments | Spring | 1BR,1BA | $1,110 |
Best Value Apartments for Rent in Ameriplex, IN
As of May 13, 2025 the best value apartment in the Ameriplex area is the $1.87 price per square foot Peak - 2 Bedroom x 2 Bathroom Model at Apex at Perry Crossing in the in the The Settlement - Designer neighborhood starting from $2,090. The second greatest value Ameriplex apartment is the 2x2 Model at Camby Crossing starting at $1,281 with a $1.39 price per square foot in the Decatur Commons neighborhood. Here is today’s list of the best values for Ameriplex apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Apex at Perry Crossing | Peak - 2 Bedroom x 2 Bathroom | 2BR,2BA | $1.87 |
Camby Crossing | 2x2 | 2BR,2BA | $1.39 |
Stone Ridge Flats and Townhomes | Cobalt | 2BR,1BA | $1.43 |
Aspen Pointe Apartments | Arbor W/D | 2BR,1BA | $1.57 |
Arborwood Apartments | The Ninebark | 1BR,1BA | $1.51 |
Echo Park at Perry Crossing | A2 | Marcel | 1BR,1BA | $1.81 |
Home Place Senior Living | 1 BD 1 BTH | 1BR,1BA | $1.56 |
Alpine Studios | Andorra | Studio ,1BA | $2.23 |
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.
Pet Friendly LifestyleAmeriplex, Indianapolis, IN
Ranked #177
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Ameriplex, Indianapolis, IN
School data provided by Great Schools
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
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 Ameriplex Apartments
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 1 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 $162 which is $2,133 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.

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.

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.

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.

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.