Cheap Apartments for Rent in the Augusta Neighborhood of Indianapolis, IN from $400 (11 Rentals)

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Cheap Apartments in the Augusta area of Indianapolis.

Navigating the Rental Market: Tips for First-Time Renters

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Hampshire Court
1 to 2 Bedroom Apartments

Hampshire Court

2455 Rolls DrIndianapolis, IN 46268

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!

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Lake Camelot Apartments
1 to 3 Bedroom Apartments

Lake Camelot Apartments

6475 Excalibur CtIndianapolis, IN 46268
  • Utilities Included

Augusta, Indianapolis, IN Local Guide

Cheapest Available Augusta Apartments for Rent

 

The cheapest available apartment rental in the Augusta area of Indianapolis, IN is a 1 Bed unit found at Lake Camelot Apartments priced from $840. Grove on Harcourt has the second lowest priced unit, which is a 1 Bed apartment currently listed from $859. Here are the most affordable Augusta apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Lake Camelot Apartments1 Bedroom Garden1BR,1BA$840
Grove on Harcourt1 Bed 1.5 Bath Apartment1BR,1BA$859
The Meridian North and SouthA5S South1BR,1BA$904
The Towers at Crooked Creek Senior Housing1BD1BR,1BA$912
LandmarkRanierStudio,1BA$915

Best Value Apartments for Rent in Augusta, IN

As of May 01, 2025 the best value apartment in the Augusta area is the $1.07 price per square foot The Newburgh Model at Private Reserve Townhomes in the in the Spring Arbor neighborhood starting from $1,379. The second greatest value Augusta apartment is the Meridian Model at Willow Lake Apartments starting at $1,575 with a $1.40 price per square foot in the Spring Arbor neighborhood. Here is today’s list of the best values for Augusta apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
Willow Lake ApartmentsMeridian1BR,1.5BA$1.40
Crooked CreekThe Sage2BR,1.5BA$1.48
The Elliott at College Park Apartment HomesTwo Bedroom 1.5 Bath2BR,1.5BA$1.37
Grove on Harcourt1 Bed 1.5 Bath Apartment1BR,1.5BA$1.18
Covered BridgeOne Bedroom One Bath1BR,1BA$1.30
Lake Camelot Apartments1 Bedroom Garden1BR,1BA$1.20
The Woods of Eagle CreekThe Creek: One Bedroom Apartment1BR,1BA$1.38
Oakbrook VillageThe Walnut 1B 1BA1BR,1BA$1.48
Grove on 79th1 Bed 1 Bath Apartment - Upgraded1BR,1BA$1.48

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Lifestyle Ratings

Our team is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Indianapolis. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, transit availability, pet-friendly communities, family-friendly amenities, and other valuable search options. These search options are in the site filters at the top of this page.

Getting Around the Augusta Neighborhood in Indianapolis, IN

Walk Score®

39 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

24 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Augusta Apartments

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

The lowest price for a Cheap One Bedroom Augusta Apartment is $840 at Lake Camelot Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Augusta is starting from $909 at The Meridian North and South.

What is the most affordable Augusta Three Bedroom Apartment?

The best deal on a cheap 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.

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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.