
Cheap Homes for Rent in Boulders Neighborhood of Indianapolis, IN from $800 (6 Rentals)
Cheap Homes in the Boulders area of Indianapolis.


742 Loews Blvd
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.

3854 S Sherman Dr

2705 Palo Verde Ct
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.

3730 Carson Ave

49 Trails End
Boulders - 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!
Boulders, Indianapolis, IN Local Guide

How much does it cost to rent a home in Boulders?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Boulders 2 Bedroom Homes for Rent | $1,181 | $995 | $1,350 |
Boulders 3 Bedroom Homes for Rent | $1,851 | $1,350 | $2,745 |
Boulders 4 Bedroom Homes for Rent | $2,250 | $2,200 | $2,300 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 3 mile radius of the Boulders Neighborhood of Indianapolis, IN.
Explore Indianapolis
Boulders, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Boulders Apartments for Rent
 The cheapest available apartment rental in the Boulders area of Indianapolis, IN is a 1 Bed unit found at Stone Lake priced from $650. South & Madison has the second lowest priced unit, which is a Studio apartment currently listed from $840. Here are the most affordable Boulders apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Stone Lake | 1X1 | 1BR,1BA | $650 |
South & Madison | E1 | Studio,1BA | $840 |
Windsor Court | Deluxe One Bedroom (AN) | 1BR,1BA | $840 |
Best Value Apartments for Rent in Boulders, IN
As of May 07, 2025 the best value apartment in the Boulders area is the $1.19 price per square foot Windsor Model at Lakes of Windsor in the in the Southeast Indianapolis neighborhood starting from $1,670. The second greatest value Boulders apartment is the Townhome Model at Sherman Village starting at $1,300 with a $1.00 price per square foot in the Carson Heights neighborhood. Here is today’s list of the best values for Boulders apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Lakes of Windsor | Windsor | 3BR,2BA | $1.19 |
Sherman Village | Townhome | 3BR,1.5BA | $1.00 |
Fox Club | Two Bedroom Two Bath | 2BR,2BA | $1.25 |
Berkley Commons | Two Bedroom 1.5 Bath TH | 2BR,1.5BA | $1.27 |
Oak Park | Forest | 1BR,1BA | $1.12 |
Strawbridge Green | Emerson | 2BR,1BA | $1.14 |
Beech Meadow Apartments | Hickory | 2BR,1BA | $1.34 |
The Sterling | The Lexington | 1BR,1BA | $1.32 |
Churchman Woods | 2 BEDROOM | 2BR,1BA | $1.30 |
Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $1.31 |
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.
Frequently Asked Questions about Boulders
What type of rentals are currently available in Boulders?
There are currently 69 Apartments for Rent in Boulders, IN with pricing that ranges from $435 to $4,309. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Boulders ranging from $845 to $2,745.
What is the current price range for Rental Homes in Boulders?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Boulders ranges from $845 to $2,745 with an average monthly rent of $1,605.
How much are larger Three and Four Bedroom Rentals in Boulders?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Boulders range from $1,020 to $4,309, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,745. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,485.
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.