Cheap Apartments for Rent in the Castleton Neighborhood of Indianapolis, IN from $300 (13 Rentals)

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

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.

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Castleton - 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!

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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 River Road Apartments priced from $860. Riverbend Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,024. Here are the most affordable Castleton apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
River Road ApartmentsHideaway1BR,1BA$860
Riverbend ApartmentsNaples1BR,1BA$1,024
Woodbridge Castleton1 Bedroom Apartment1BR,1BA$1,045
Waterside at Castleton1x11BR,1BA$1,065
Scandia ApartmentsDannenborg1BR,1BA$1,094

Best Value Apartments for Rent in Castleton, IN

As of April 25, 2025 the best value apartment in the Castleton area is the $1.21 price per square foot 2Bd/2Ba Up W/D Model at Ivy Knoll Apartments in the in the Roxbury neighborhood starting from $1,449. The second greatest value Castleton apartment is the 3 Bedroom Townhome Model at Woodbridge Castleton starting at $1,767 with a $1.50 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 Up W/D2BR,2BA$1.21
Woodbridge Castleton3 Bedroom Townhome3BR,1.5BA$1.50
Parkside at Castleton Square Apartments and TownhomesTwo Bedroom 2 Bath2BR,2BA$1.40
Scandia ApartmentsDannenborg1BR,1.5BA$1.22
Avery Point ApartmentsThe Spring1BR,1BA$1.50
TGM Autumn WoodsA21BR,1BA$1.47
The Masters ApartmentsOne Bedroom - Augusta II1BR,1BA$1.58
Woods of Castleton1 bed/1 bath Up1BR,1BA$1.63
River Road ApartmentsResort1BR,1BA$1.48
Waterside at Castleton1x11BR,1BA$1.64

Quick Rent Budget Calculator

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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 $860 at River Road Apartments.

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 $1,199 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 The Preserve on Allisonville Townhomes and starts from $1,750.

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.

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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.

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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.

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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.

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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.