
Cheap Homes for Rent in Broad Ripple Village Neighborhood of Indianapolis, IN from $2,000 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Broad Ripple Village area of Indianapolis.


231 E 62nd St

719 E 62nd St

6170 Meridian St W Dr

6044 Evanston Ave

6608 Reserve Dr

6617 Reserve Dr

6617 Reserve Way

6562 Reserve Dr

6721 Riverfront Ave, Unit Main
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

How much does it cost to rent a home in Broad Ripple Village?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Broad Ripple Village 2 Bedroom Homes for Rent | $2,247 | $2,095 | $2,400 |
Broad Ripple Village 3 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 1 mile radius of the Broad Ripple Village Neighborhood of Indianapolis, IN.
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Broad Ripple Village, Indianapolis, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Glenstone Studios | Studio | Studio,1BA | $699 |
Broad Ripple Trails | STUD-S | Studio,1BA | $839 |
Wellington Square Apartments | 1BR/1BA | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Townes at Winthrop | 2 Bed, 2.5 Bath, 2 car Garage Townhome | 2BR,2.5BA | $1.19 |
Edison at Meridian Hills | 2 Bedroom 2 Bath | 2BR,2BA | $1.07 |
Solana Apartments | Amber | 2BR,2BA | $1.33 |
Everly at Meridian Hills | Iris | 2BR,1BA | $1.15 |
The Win | 7179B1 | 2BR,2.5BA | $1.86 |
Jade North Apartments | Plan H | 2BR,1.5BA | $1.10 |
Broad Ripple Apartments | Courtyard Townhome | 2BR,1BA | $1.63 |
Shore Acres | Monon | 1BR,1BA | $1.78 |
Monon Living | Monon Place I - 1 Bedroom | 1BR,1BA | $1.81 |
Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.32 |
Quick Rent Budget Calculator
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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.

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.

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.

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.