
Cheap Apartments for Rent in the Berkley Place Neighborhood of Indianapolis, IN from $800 (9 Rentals)
Cheap Apartments in the Berkley Place area of Indianapolis.


Avery Point Apartments

The Masters Apartments
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.

Scandia Apartments

Woods of Castleton

Waterside at Castleton
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.

TGM Shadeland Station

Parkside at Castleton Square Apartments and Townhomes

TGM Autumn Woods
Berkley Place - 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!
Berkley Place, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Berkley Place?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Berkley Place Studio Apartments | $1,057 | $947 | $1,364 |
Berkley Place 1 Bedroom Apartments | $1,277 | $938 | $2,046 |
Berkley Place 2 Bedroom Apartments | $1,553 | $1,195 | $2,655 |
Berkley Place 3 Bedroom Apartments | $2,063 | $1,159 | $3,902 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Berkley Place Neighborhood of Indianapolis, IN.
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Berkley Place, Indianapolis, IN Local Guide
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Cheapest Available Berkley Place Apartments for Rent
 The cheapest available apartment rental in the Berkley Place area of Indianapolis, IN is a 1 Bed unit found at Lake Castleton priced from $896. Avery Point Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $988. Here are the most affordable Berkley Place apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Lake Castleton | Congressional | 1BR,1BA | $896 |
Avery Point Apartments | Emerald | 1BR,1BA | $988 |
The Masters Apartments | One Bedroom - Augusta II | 1BR,1BA | $996 |
Best Value Apartments for Rent in Berkley Place, IN
As of May 07, 2025 the best value apartment in the Berkley Place area is the $1.22 price per square foot Dannenborg Model at Scandia Apartments in the in the Roxbury neighborhood starting from $1,094. The second greatest value Berkley Place apartment is the Fallingbrook Model at Metropolitan Fishers starting at $1,279 with a $1.58 price per square foot in the Roxbury neighborhood. Here is today’s list of the best values for Berkley Place apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Scandia Apartments | Dannenborg | 1BR,1.5BA | $1.22 |
Metropolitan Fishers | Fallingbrook | 1BR,1BA | $1.58 |
Avery Point Apartments | The Spring | 1BR,1BA | $1.45 |
TGM Autumn Woods | A2 | 1BR,1BA | $1.48 |
The Masters Apartments | One Bedroom - Augusta II | 1BR,1BA | $1.42 |
Woods of Castleton | 1 bed/1 bath Down | 1BR,1BA | $1.66 |
River Place Flats | Fawn | Studio ,1BA | $1.95 |
TGM Shadeland Station | A1 | 1BR,1BA | $1.53 |
Lake Clearwater Apartments | Heron | 1BR,1BA | $1.93 |
Waterside at Castleton | 1x1 | 1BR,1BA | $1.64 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleBerkley Place, Indianapolis, IN
Ranked #148
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Berkley Place, Indianapolis, IN
Mary Evelyn Castle Elementary School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Indianapolis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and easy access to the parks, kid and pet-friendly communities, availability of transit options, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Berkley Place Apartments
What is the Cheapest Studio apartment in Berkley Place?
Currently the most affordable Cheap Studio Apartment in Berkley Place is at Lake Castleton listed at $947.
How much is rent for a Cheap One Bedroom Berkley Place Apartment?
The lowest price for a Cheap One Bedroom Berkley Place Apartment is $896 at Lake Castleton.
What is the lowest price for a Cheap Two Bedroom Berkley Place Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Berkley Place is starting from $1,194 at Lake Castleton.
What is the most affordable Berkley Place Three Bedroom Apartment?
The best deal on a cheap Berkley Place Three Bedroom Apartment rental is at River Place Flats and starts from $2,479.
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.

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.

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.