Cheap Apartments for Rent in the Canterbury Chatard Neighborhood of Indianapolis, IN from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Canterbury Chatard area of Indianapolis.

The Pines at SoBro

6134 Hillside Ave

Broad Ripple Trails

Meridian Lakes

A/62

Willow Brook

Chateau in the Woods
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.

Fallwood

Solana Apartments

Edison at Meridian Hills

5173 Caroline Avenue

Broad Ripple Flats

Fountain Parc
Canterbury Chatard - 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!
Canterbury Chatard, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Canterbury Chatard?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Canterbury Chatard Studio Apartments | $1,087 | $649 | $2,960 |
Canterbury Chatard 1 Bedroom Apartments | $1,310 | $807 | $2,171 |
Canterbury Chatard 2 Bedroom Apartments | $1,531 | $940 | $3,695 |
Canterbury Chatard 3 Bedroom Apartments | $1,903 | $978 | $3,431 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Canterbury Chatard Neighborhood of Indianapolis, IN.
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Canterbury Chatard, Indianapolis, IN Local Guide
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Cheapest Available Canterbury Chatard Apartments for Rent
 The cheapest available apartment rental in the Canterbury Chatard area of Indianapolis, IN is a Studio unit found at Glenstone Studios priced from $649. The Pines at SoBro has the second lowest priced unit, which is a 1 Bed apartment currently listed from $807. Here are the most affordable Canterbury Chatard apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Glenstone Studios | Studio | Studio,1BA | $649 |
The Pines at SoBro | One Bedrooms | 1BR,1BA | $807 |
Broad Ripple Trails | STUD-S | Studio,1BA | $839 |
A/62 | LePetit Luxe | 1BR,1BA | $974 |
Meridian Lakes | 1Bed/1Ba-Dn (B) | 1BR,1BA | $990 |
Best Value Apartments for Rent in Canterbury Chatard, IN
As of April 17, 2025 the best value apartment in the Canterbury Chatard area is the $1.14 price per square foot 2 Bed/2Ba Den W/D Up Model at Fallwood in the in the United Northeast neighborhood starting from $1,481. The second greatest value Canterbury Chatard apartment is the Iris Model at Everly at Meridian Hills starting at $1,379 with a $1.15 price per square foot in the Faith Knoll neighborhood. Here is today’s list of the best values for Canterbury Chatard apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Fallwood | 2 Bed/2Ba Den W/D Up | 2BR,2BA | $1.14 |
Everly at Meridian Hills | Iris | 2BR,1BA | $1.15 |
Solana Apartments | Brook | 2BR,2BA | $1.37 |
Edison at Meridian Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.43 |
A/62 | DuMonde | 2BR,1BA | $1.51 |
Monon Living | Monon Place II - 1 Bedroom | 1BR,1BA | $1.83 |
Willow Brook | Two Bedroom One Bath | 2BR,1BA | $1.37 |
Fountain Parc | The Wealth | 1BR,1BA | $1.65 |
The Pines at SoBro | One Bedrooms | 1BR,1BA | $1.13 |
Chateau in the Woods | 1 Bd/1 Ba Sm ABY | 1BR,1BA | $1.47 |
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Pet Friendly LifestyleCanterbury Chatard, Indianapolis, IN
Ranked #178
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Canterbury Chatard Neighborhood in Indianapolis, IN
Walk Score®
78 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
76 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
34 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Canterbury Chatard Apartments
What is a cheap apartment in Canterbury Chatard?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Canterbury Chatard is under $1,295.
What is the price of a cheap apartment in Canterbury Chatard?
The cheapest apartment in Canterbury Chatard is The Pines at SoBro which is listed at $807, while the average apartment in Canterbury Chatard costs $1,525.
What types of apartments are the cheapest in Canterbury Chatard?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16 regular apartments in Canterbury Chatard that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Canterbury Chatard?
Cheap apartments in Canterbury Chatard have an average cost of $261 which is $1,264 cheaper than the average rent for all rentals in Canterbury Chatard.
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.