Cheap Apartments for Rent in the Augusta New Augusta Neighborhood of Indianapolis, IN from $400 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

close
View Me
Hampshire Court
1 to 2 Bedroom Apartments

Hampshire Court

2455 Rolls DrIndianapolis, IN 46268
close
View Me
Turtle Creek
Studio to 2 Bedroom Apartments

Turtle Creek

8253 Harcourt RdIndianapolis, IN 46260
  • Utilities Included

Augusta New Augusta - 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!

close
View Me
Lake Camelot Apartments
1 to 2 Bedroom Apartments

Lake Camelot Apartments

6475 Excalibur CtIndianapolis, IN 46268
  • Utilities Included

Augusta New Augusta, Indianapolis, IN Local Guide

Cheapest Available Augusta New Augusta Apartments for Rent

 

The cheapest available apartment rental in the Augusta New Augusta area of Indianapolis, IN is a Studio unit found at Turtle Creek priced from $817. The Meridian North and South has the second lowest priced unit, which is a 1 Bed apartment currently listed from $839. Here are the most affordable Augusta New Augusta apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Turtle CreekStudioStudio,1BA$817
The Meridian North and SouthA1S North1BR,1BA$839
Lake Camelot Apartments1 Bedroom Garden1BR,1BA$842
Covered BridgeOne Bedroom One Bath1BR,1BA$918
Oakbrook VillageThe Willow 1B 1BB1BR,1BA$981

Best Value Apartments for Rent in Augusta New Augusta, IN

As of May 17, 2025 the best value apartment in the Augusta New Augusta area is the $1.17 price per square foot 2 Bed/2 Bath-Dn Model at North Willow in the in the Spring Arbor neighborhood starting from $1,584. The second greatest value Augusta New Augusta apartment is the Three Bedroom 2.5 Bath Townhome Model at Lakeshore Reserve Off 86th Apartments and Townhomes starting at $1,765 with a $1.31 price per square foot in the Spring Arbor neighborhood. Here is today’s list of the best values for Augusta New Augusta apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
North Willow2 Bed/2 Bath-Dn2BR,2BA$1.17
Lakeshore Reserve Off 86th Apartments and TownhomesThree Bedroom 2.5 Bath Townhome3BR,2.5BA$1.31
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
The Manning Apartment Homes3 Bedroom 2 Bath3BR,2BA$1.43
Grove on 79th1 Bed 1.5 Bath Apartment1BR,1.5BA$1.02
The Elliott at College Park Apartment HomesTwo Bedroom 1.5 Bath2BR,1.5BA$1.38
Grove on Harcourt1 Bed 1.5 Bath Apartment1BR,1.5BA$1.13
Lakes of GeorgetownD7921BR,1BA$1.45
Covered BridgeOne Bedroom One Bath1BR,1BA$1.30
Lake Camelot Apartments1 Bedroom Garden1BR,1BA$1.20

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Augusta New Augusta, Indianapolis, IN

Ranked #44

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

This website is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in areas across the United States and customized analysis for Indianapolis, Indiana. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Augusta New Augusta Apartments

How much is rent for a Cheap One Bedroom Augusta New Augusta Apartment?

The lowest price for a Cheap One Bedroom Augusta New Augusta Apartment is $839 at The Meridian North and South.

What is the lowest price for a Cheap Two Bedroom Augusta New Augusta Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Augusta New Augusta is starting from $884 at The Meridian North and South.

What is the most affordable Augusta New Augusta Three Bedroom Apartment?

The best deal on a cheap Augusta New Augusta Three Bedroom Apartment rental is at Estates at Crystal Bay and starts from $1,015.

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.