
Cheap Homes for Rent in Castleton Neighborhood of Indianapolis, IN from $1,400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Castleton area of Indianapolis.


8027 N Richardt Ave

6426 Bayside S Dr

8850 River Bend Pkwy

8850 River Bend Pkwy

8410 Hague Rd

9467 Wimbledon Ct

8850 River Bend Pkwy

8850 River Bend Pkwy

8850 River Bend Pkwy
Castleton
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
Castleton, Indianapolis, IN Local Guide

How much does it cost to rent a home in Castleton?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Castleton 2 Bedroom Homes for Rent | $1,948 | $1,400 | $2,795 |
Castleton 3 Bedroom Homes for Rent | $1,931 | $1,650 | $2,295 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Castleton Neighborhood of Indianapolis, IN.
Explore Indianapolis
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 Riverbend Apartments priced from $1,024. Waterside at Castleton has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,035. Here are the most affordable Castleton apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Riverbend Apartments | Naples | 1BR,1BA | $1,024 |
Waterside at Castleton | 1x1 | 1BR,1BA | $1,035 |
Woodbridge Castleton | 1 Bedroom Apartment | 1BR,1BA | $1,088 |
Best Value Apartments for Rent in Castleton, IN
As of April 13, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Ivy Knoll Apartments | 2Bd/2Ba Dn W/D | 2BR,2BA | $1.17 |
Scandia Apartments | Landsting | 2BR,2BA | $1.20 |
The Preserve on Allisonville Townhomes | Two Bedroom Townhome | 2BR,1.5BA | $1.33 |
Avery Point Apartments | Hunter | 2BR,2BA | $1.51 |
Parkside at Castleton Square Apartments and Townhomes | Two Bedroom 2 Bath | 2BR,2BA | $1.41 |
River Road Apartments | Chateau Lower Level | 2BR,1BA | $1.35 |
Waterside at Castleton | 2x1 | 2BR,1BA | $1.62 |
TGM Autumn Woods | A2 | 1BR,1BA | $1.42 |
Woodbridge Castleton | 1 Bedroom Apartment | 1BR,1BA | $1.55 |
Woods of Castleton | 1 bed/1 bath Up | 1BR,1BA | $1.63 |
Frequently Asked Questions about Castleton
What type of rentals are currently available in Castleton?
There are currently 18 Apartments for Rent in Castleton, IN with pricing that ranges from $375 to $4,830. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Castleton ranging from $1,400 to $2,795.
What is the current price range for Rental Homes in Castleton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Castleton ranges from $1,400 to $2,795 with an average monthly rent of $1,939.
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.