Cheap Apartments for Rent in the Castleton Neighborhood of Indianapolis, IN from $300 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Castleton area of Indianapolis.

property at 7818 Knue Rd

7818 Knue Rd

IndianapolisIN46250
Showing Results 1-14, Page 1 of 1

Castleton, Indianapolis, IN Local Guide

Cheapest Available Castleton Apartments for Rent

 

The cheapest available apartment rental in the Castleton area of Indianapolis, IN is a 1 Bed unit found at 8027 N Richardt Ave priced from $400. Riverbend Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $972. Here are the most affordable Castleton apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
8027 N Richardt Ave8027 N Richardt Ave1BR,1BA$400
Riverbend ApartmentsMadrid1BR,1BA$972
TGM Autumn WoodsA11BR,1BA$999
Waterside at Castleton1x11BR,1BA$1,065
Avery Point ApartmentsJade1BR,1BA$1,066

Best Value Apartments for Rent in Castleton, IN

As of March 26, 2025 the best value apartment in the Castleton area is the $1.17 price per square foot 2Bd/2Ba Dn W/D Model at Ivy Knoll Apartments in the in the Roxbury neighborhood starting from $1,399. The second greatest value Castleton apartment is the Landsting Model at Scandia Apartments starting at $1,364 with a $1.20 price per square foot in the Roxbury neighborhood. Here is today’s list of the best values for Castleton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ivy Knoll Apartments2Bd/2Ba Dn W/D2BR,2BA$1.17
Scandia ApartmentsLandsting2BR,2BA$1.20
The Preserve on Allisonville TownhomesTwo Bedroom Townhome2BR,1.5BA$1.34
Riverbend ApartmentsDublin1BR,1BA$1.69
TGM Autumn WoodsA21BR,1BA$1.42
Avery Point ApartmentsEmerald1BR,1BA$1.58
Woods of Castleton1 bed/1 bath Down1BR,1BA$1.65
The Masters ApartmentsOne Bedroom - Augusta II1BR,1BA$1.70
Parkside at Castleton Square Apartments and TownhomesOne Bedroom1BR,1BA$1.70
Waterside at Castleton1x11BR,1BA$1.64

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.

decorative image of people with a giant lease agreement

Lifestyle Ratings

This website compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States, including Indianapolis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, family-friendly amenities, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.

Getting Around the Castleton Neighborhood in Indianapolis, IN

Walk Score®

51 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

25 / 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 Castleton Apartments

How much is rent for a Cheap One Bedroom Castleton Apartment?

The lowest price for a Cheap One Bedroom Castleton Apartment is $400 at 8027 N Richardt Ave.

What is the lowest price for a Cheap Two Bedroom Castleton Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Castleton is starting from $1,129 at TGM Autumn Woods.

What is the most affordable Castleton Three Bedroom Apartment?

The best deal on a cheap Castleton Three Bedroom Apartment rental is at Scandia Apartments and starts from $1,504.

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.