
Cheap Apartments for Rent in the Bayswater Neighborhood of Indianapolis, IN from $600 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Bayswater area of Indianapolis.


Mariners Village
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.

Spinnaker Court
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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Idlewood Apartments
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Deercross Apartments

Astoria Park Apartment Homes
Bayswater - 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!

Eagle’s Edge
Bayswater, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Bayswater?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Bayswater Studio Apartments | $842 | $777 | $914 |
Bayswater 1 Bedroom Apartments | $1,205 | $816 | $2,600 |
Bayswater 2 Bedroom Apartments | $1,359 | $953 | $2,782 |
Bayswater 3 Bedroom Apartments | $1,760 | $1,500 | $2,349 |
Bayswater 4 Bedroom Apartments | $2,042 | $1,960 | $2,125 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Bayswater Neighborhood of Indianapolis, IN.
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Bayswater, Indianapolis, IN Local Guide
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Cheapest Available Bayswater Apartments for Rent
 The cheapest available apartment rental in the Bayswater area of Indianapolis, IN is a Studio unit found at Mariners Village priced from $733. Scarborough Lake Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $816. Here are the most affordable Bayswater apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mariners Village | Studio | Studio,1BA | $733 |
Scarborough Lake Apartments | The Sunset 1 BR 1 BA | 1BR,1BA | $816 |
Woodhaven Park | One Bedroom One Bath | 1BR,1BA | $845 |
Best Value Apartments for Rent in Bayswater, IN
As of May 14, 2025 the best value apartment in the Bayswater area is the $1.30 price per square foot 3 BEDROOM | 2 BATHROOM A Model at The Life at Wood Springs in the in the Timberview neighborhood starting from $1,645. The second greatest value Bayswater apartment is the Canadian Upgraded Model at EAGLE CHASE APARTMENTS starting at $1,507 with a $1.38 price per square foot in the Timberview neighborhood. Here is today’s list of the best values for Bayswater apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Life at Wood Springs | 3 BEDROOM | 2 BATHROOM A | 3BR,2BA | $1.30 |
EAGLE CHASE APARTMENTS | Canadian Upgraded | 2BR,2BA | $1.38 |
Deercross Apartments | Oak | 2BR,2BA | $1.38 |
Bishop Pond Residences Apartments | 2 BR 2 BA - 1st Floor | 2BR,2BA | $1.55 |
Eagle’s Edge | Oak | 2BR,1BA | $1.51 |
Astoria Park Apartment Homes | One Bedroom - 670 sqft | 1BR,1BA | $1.49 |
The Abby | The Abbey | 1BR,1BA | $1.31 |
Woodhaven Park | One Bedroom One Bath | 1BR,1BA | $1.30 |
Enclave at Eagle Creek Apartments | The Alula | 1BR,1BA | $1.61 |
Mariners Village | Studio | Studio ,1BA | $1.39 |
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.
Pet Friendly LifestyleBayswater, Indianapolis, IN
Ranked #154
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Bayswater Apartments
What is the price of a cheap apartment in Bayswater?
The cheapest apartment in Bayswater is Scarborough Lake Apartments which is listed at $816, while the average apartment in Bayswater costs $2,125.
What types of apartments are the cheapest in Bayswater?
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 13 regular apartments in Bayswater 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 Bayswater?
Cheap apartments in Bayswater have an average cost of $228 which is $1,897 cheaper than the average rent for all rentals in Bayswater.
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.

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.

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.

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.