Cheap Homes for Rent in Broad Ripple Village Neighborhood of Indianapolis, IN from $2,000 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in the Broad Ripple Village area of Indianapolis.

property at 6044 Evanston Ave

6044 Evanston Ave

IndianapolisIN46220

Broad Ripple Village

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Broad Ripple Village, Indianapolis, IN Local Guide

Cheapest Available Broad Ripple Village Apartments for Rent

 

The cheapest available apartment rental in the Broad Ripple Village area of Indianapolis, IN is a Studio unit found at Glenstone Studios priced from $699. Broad Ripple Trails has the second lowest priced unit, which is a Studio apartment currently listed from $839. Here are the most affordable Broad Ripple Village apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Glenstone StudiosStudioStudio,1BA$699
Broad Ripple TrailsSTUD-SStudio,1BA$839
Wellington Square Apartments1BR/1BA1BR,1BA$906

Best Value Apartments for Rent in Broad Ripple Village, IN

As of March 25, 2025 the best value apartment in the Broad Ripple Village area is the $1.19 price per square foot 2 Bed, 2.5 Bath, 2 car Garage Townhome Model at Townes at Winthrop in the in the Warfleigh neighborhood starting from $2,200. The second greatest value Broad Ripple Village apartment is the 2 Bedroom 2 Bath Model at Edison at Meridian Hills starting at $1,449 with a $1.07 price per square foot in the Faith Knoll neighborhood. Here is today’s list of the best values for Broad Ripple Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.19
Edison at Meridian Hills2 Bedroom 2 Bath2BR,2BA$1.07
Solana ApartmentsAmber2BR,2BA$1.33
Everly at Meridian HillsIris2BR,1BA$1.15
The Win7179B12BR,2.5BA$1.86
Jade North ApartmentsPlan H2BR,1.5BA$1.10
Broad Ripple ApartmentsCourtyard Townhome2BR,1BA$1.63
Shore AcresMonon1BR,1BA$1.78
Monon LivingMonon Place I - 1 Bedroom1BR,1BA$1.81
Wellington Square Apartments1BR/1BA1BR,1BA$1.32

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Frequently Asked Questions about Broad Ripple Village

What type of rentals are currently available in Broad Ripple Village?

There are currently 45 Apartments for Rent in Broad Ripple Village, IN with pricing that ranges from $699 to $5,271. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Broad Ripple Village ranging from $2,095 to $2,400.

What is the current price range for Rental Homes in Broad Ripple Village?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Broad Ripple Village ranges from $2,095 to $2,400 with an average monthly rent of $2,282.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

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.