Cheap Homes for Rent in Ameriplex Neighborhood of Indianapolis, IN from $1,500 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in the Ameriplex area of Indianapolis.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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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
Alpine StudiosAndorraStudio,1BA$1,063

Best Value Apartments for Rent in Ameriplex, IN

As of April 18, 2025 the best value apartment in the Ameriplex area is the $1.39 price per square foot 2x2 Model at Camby Crossing in the in the Decatur Commons neighborhood starting from $1,281. The second greatest value Ameriplex apartment is the Cobalt Model at Stone Ridge Flats and Townhomes starting at $1,317 with a $1.52 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.
Camby Crossing2x22BR,2BA$1.39
Stone Ridge Flats and TownhomesCobalt2BR,1BA$1.52
Arborwood ApartmentsThe Ninebark1BR,1BA$1.51
Echo Park at Perry CrossingA3 Garage | Marcel1BR,1BA$2.02
Apex at Perry CrossingCapstone - 1 Bedroom x 1 Bathroom1BR,1BA$1.80
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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Frequently Asked Questions about Ameriplex

What type of rentals are currently available in Ameriplex?

There are currently 12 Apartments for Rent in Ameriplex, IN with pricing that ranges from $876 to $4,667. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ameriplex ranging from $1,500 to $2,270.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ameriplex ranges from $1,500 to $2,270 with an average monthly rent of $1,727.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Ameriplex range from $1,345 to $4,667, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $1,840. Four Bedroom Single-Family rentals are also available starting from $1,745 and Four Bedroom Apartments start at $1,505.

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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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.

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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.

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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.