
Cheap Homes for Rent in Boulders Neighborhood of Indianapolis, IN from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Boulders area of Indianapolis.


742 Loews Blvd

3854 S Sherman Dr
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.

49 Trails End

5204 Bahia Dr

1750 Atlantic St
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!

4649 Tim Tam Cir
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 | $1,200 | $1,050 | $1,350 |
Boulders 3 Bedroom Homes for Rent | $1,928 | $1,400 | $2,799 |
Boulders 4 Bedroom Homes for Rent | $2,037 | $1,595 | $2,345 |
Boulders 5 Bedroom Homes for Rent | $2,997 | $2,995 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 3 mile radius of the Boulders Neighborhood of Indianapolis, IN.
Explore Indianapolis
Boulders, Indianapolis, IN Local Guide
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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 Windsor Court priced from $784. Cherry Glen has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Boulders apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Windsor Court | Standard One Bedroom (SN4) | 1BR,1BA | $784 |
Cherry Glen | Studio | Studio,1BA | $799 |
South & Madison | E2 | Studio,1BA | $840 |
Best Value Apartments for Rent in Boulders, IN
As of April 17, 2025 the best value apartment in the Boulders area is the $1.00 price per square foot Townhome Model at Sherman Village in the in the Carson Heights neighborhood starting from $1,300. The second greatest value Boulders apartment is the The Vintage 2 BR 2 BA Model at Sundance Apartments starting at $1,373 with a $1.34 price per square foot in the Edgewood Avenue 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. |
---|---|---|---|
Sherman Village | Townhome | 3BR,1.5BA | $1.00 |
Sundance Apartments | The Vintage 2 BR 2 BA | 2BR,2BA | $1.34 |
Oak Park | Timber | 2BR,1BA | $1.11 |
Fox Club | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.23 |
Strawbridge Green | Redfern | 2BR,1.5BA | $1.05 |
Keeneland Crest Apartments | Camden | 2BR,1BA | $1.11 |
Berkley Commons | Two Bedroom 1.5 Bath TH | 2BR,1.5BA | $1.22 |
The Sterling | The Remington | 2BR,1BA | $1.22 |
South & Madison | A1 | 1BR,1BA | $1.27 |
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 70 Apartments for Rent in Boulders, IN with pricing that ranges from $325 to $4,016. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Boulders ranging from $845 to $3,000.
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 $3,000 with an average monthly rent of $1,876.
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 $1,050 to $4,016, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,799. Four Bedroom Single-Family rentals are also available starting from $1,595 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.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.