
Cheap Homes for Rent in Augusta Neighborhood of Indianapolis, IN from $1,200 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Augusta area of Indianapolis.


2221 W 58th St
Augusta
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
Augusta, Indianapolis, IN Local Guide

How much does it cost to rent a home in Augusta?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Augusta 2 Bedroom Homes for Rent | $1,548 | $1,300 | $1,850 |
Augusta 3 Bedroom Homes for Rent | $1,918 | $1,250 | $2,165 |
Augusta 4 Bedroom Homes for Rent | $1,976 | $1,790 | $2,170 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Augusta Neighborhood of Indianapolis, IN.
Explore Indianapolis
Best Value Apartments for Rent in Augusta, IN
As of April 09, 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 D1201 Model at Lakes of Georgetown starting at $1,454 with a $1.21 price per square foot in the Crooked Creek neighborhood. Here is today’s list of the best values for Augusta apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Private Reserve Townhomes | The Newburgh | 2BR,1.5BA | $1.07 |
Lakes of Georgetown | D1201 | 3BR,2BA | $1.21 |
Willow Lake Apartments | Keystone | 1BR,1BA | $1.37 |
Crooked Creek | The Sage | 2BR,1.5BA | $1.38 |
Grove on Harcourt | 1 Bed 1.5 Bath Apartment w/Den - Renovated | 1BR,1.5BA | $1.24 |
Lakeshore Reserve Off 86th Apartments and Townhomes | Two Bedroom 2 Bath | 2BR,2BA | $1.38 |
The Elliott at College Park Apartment Homes | One Bedroom | 1BR,1BA | $1.43 |
Covered Bridge | One Bedroom One Bath | 1BR,1BA | $1.30 |
The Woods of Eagle Creek | The Creek: One Bedroom Apartment | 1BR,1BA | $1.39 |
Lake Camelot Apartments | 1 Bedroom Garden | 1BR,1BA | $1.20 |
Frequently Asked Questions about Augusta
What type of rentals are currently available in Augusta?
There are currently 40 Apartments for Rent in Augusta, IN with pricing that ranges from $425 to $3,329. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Augusta ranging from $1,250 to $2,170.
What is the current price range for Rental Homes in Augusta?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Augusta ranges from $1,250 to $2,170 with an average monthly rent of $1,814.
How much are larger Three and Four Bedroom Rentals in Augusta?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Augusta range from $1,144 to $2,720, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,165. Four Bedroom Single-Family rentals are also available starting from $1,790 and Four Bedroom Apartments start at $1,850.
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.

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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.