Cheap Apartments for Rent in the Berkley Place Neighborhood of Indianapolis, IN from $900 (9 Rentals)

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

Berkley Place

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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Berkley Place, Indianapolis, IN Local Guide

Cheapest Available Berkley Place Apartments for Rent

 

The cheapest available apartment rental in the Berkley Place area of Indianapolis, IN is a Studio unit found at Lake Castleton priced from $947. TGM Autumn Woods has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Berkley Place apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Lake CastletonJacksonStudio,1BA$947
TGM Autumn WoodsA11BR,1BA$999
Waterside at Castleton1x11BR,1BA$1,065

Best Value Apartments for Rent in Berkley Place, IN

As of March 24, 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 $1,269 with a $1.56 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Scandia ApartmentsDannenborg1BR,1.5BA$1.22
Metropolitan FishersFallingbrook1BR,1BA$1.56
TGM Autumn WoodsA21BR,1BA$1.42
Castle Creek ApartmentsWinterberry1BR,1BA$1.88
Avery Point ApartmentsEmerald1BR,1BA$1.64
Woods of Castleton1 bed/1 bath Down1BR,1BA$1.65
The Masters ApartmentsOne Bedroom - Augusta II1BR,1BA$1.72
Lake Clearwater ApartmentsHeron1BR,1BA$1.93
Parkside at Castleton Square Apartments and TownhomesOne Bedroom1BR,1BA$1.68
Waterside at Castleton1x11BR,1BA$1.64

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Pet Friendly Lifestyle
Berkley Place, Indianapolis, IN

Ranked #136

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Berkley Place, Indianapolis, IN

School data provided by Great Schools

Best Local Schools in
Berkley Place, Indianapolis, IN

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 $991 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 $1,129 at TGM Autumn Woods.

What is the most affordable Berkley Place Three Bedroom Apartment?

The best deal on a cheap Berkley Place Three Bedroom Apartment rental is at Woods of Castleton and starts from $1,665.

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.

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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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.