Cheap Apartments for Rent in the Arlington Woods Neighborhood of Indianapolis, IN from $300 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Arlington Woods area of Indianapolis.

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Emerson Place
1 to 3 Bedroom Apartments

Emerson Place

2110 Emerson Knoll PlIndianapolis, IN 46218
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Peppermill Farms
1 to 2 Bedroom Apartments

Peppermill Farms

6830 Mill View DrIndianapolis, IN 46226
  • Utilities Included
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3825 N Whittier Pl
1 Bedroom Apartments

3825 N Whittier Pl

3825 N Whittier PlIndianapolis, IN 46226
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East Ridge
1 to 3 Bedroom Apartments

East Ridge

2302 N Ritter AveIndianapolis, IN 46218
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Frederick Square
1 to 2 Bedroom Apartments

Frederick Square

6020 E 30th StIndianapolis, IN 46218
  • Utilities Included

Arlington Woods - 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!

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Greenway Apartments
1 to 2 Bedroom Apartments

Greenway Apartments

5300 E 21st StIndianapolis, IN 46218
  • Utilities Included

Cheapest Available Arlington Woods Apartments for Rent

 

The cheapest available apartment rental in the Arlington Woods area of Indianapolis, IN is a Studio unit found at Autumn Trails Apartments priced from $749. Serenity Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $769. Here are the most affordable Arlington Woods apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Autumn Trails ApartmentsThe MapleStudio,1BA$749
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$769
OlivewoodStudioStudio,1BA$820
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$825
Kingston Square ApartmentsThe AshStudio,1BA$879

Best Value Apartments for Rent in Arlington Woods, IN

As of April 21, 2025 the best value apartment in the Arlington Woods area is the $1.14 price per square foot 2 Bed/2Ba Den W/D Up Model at Fallwood in the in the United Northeast neighborhood starting from $1,481. The second greatest value Arlington Woods apartment is the Glen Ridge 2 Bedroom Townhome Model at Glen Ridge Manor Townhomes and Flats starting at $1,035 with a $0.89 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Arlington Woods apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fallwood2 Bed/2Ba Den W/D Up2BR,2BA$1.14
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 Bedroom Townhome2BR,1BA$0.89
60 - ADDISON APARTMENTS1st Floor Standard + W/D Hookups2BR,1BA$0.95
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$0.86
Apartments @ Marten Court2x1 with washer/dryer2BR,1BA$1.23
Reserve at Franklin Glen2BR2B- Reserve at Franklin Glen2BR,2BA$1.31
Vistas Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1.18
Braeburn Village2X1-502BR,1BA$1.19
Indy Town ApartmentsArlington Green 2 bedroom2BR,1BA$1.35
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$1.29

Getting Around the Arlington Woods Neighborhood in Indianapolis, IN

Walk Score®

38 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

33 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Arlington Woods Apartments

What is a cheap apartment in Arlington Woods?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Arlington Woods is under $949.

What is the price of a cheap apartment in Arlington Woods?

The cheapest apartment in Arlington Woods is Serenity Park Apartments which is listed at $769, while the average apartment in Arlington Woods costs $1,590.

What types of apartments are the cheapest in Arlington Woods?

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 7 regular apartments in Arlington Woods 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 Arlington Woods?

Cheap apartments in Arlington Woods have an average cost of $133 which is $1,457 cheaper than the average rent for all rentals in Arlington Woods.

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.