Cheap Apartments for Rent in the Chapel Hill Village Neighborhood of Indianapolis, IN from $400 (14 Rentals)

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

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Addison Creek
1 to 4 Bedroom Apartments

Addison Creek

58 Port Ocall DrIndianapolis, IN 46224
  • Utilities Included

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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Fisher Apartments
Studio Apartments

Fisher Apartments

5125 W 10th StIndianapolis, IN 46224
  • Utilities Included
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Remington on Rockville
1 to 3 Bedroom Apartments

Remington on Rockville

7455 Rockleigh AveIndianapolis, IN 46214
  • Utilities Included
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Sebring Court
2 Bedroom Apartments

Sebring Court

1902 Parsons DrIndianapolis, IN 46224

Chapel Hill Village - 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!

Chapel Hill Village, Indianapolis, IN Local Guide

Cheapest Available Chapel Hill Village Apartments for Rent

 

The cheapest available apartment rental in the Chapel Hill Village area of Indianapolis, IN is a Studio unit found at Ashgrove Apartments priced from $750. Pinnacle West has the second lowest priced unit, which is a Studio apartment currently listed from $759. Here are the most affordable Chapel Hill Village apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Ashgrove ApartmentsStudioStudio,1BA$750
Pinnacle WestStudioStudio,1BA$759
The Boardwalk at Westlake Apartments and TownhomesStudio - 441 sqftStudio,1BA$770
The Legend at SpeedwayA11BR,1BA$786
Darby CourtStandard One Bedroom (SN2)1BR,1BA$813

Best Value Apartments for Rent in Chapel Hill Village, IN

As of April 28, 2025 the best value apartment in the Chapel Hill Village area is the $1.48 price per square foot Three Bedroom Townhome Model at Ashton Pointe in the in the West Wayne neighborhood starting from $1,646. The second greatest value Chapel Hill Village apartment is the The Broadway Model at 10 West Apartments starting at $1,291 with a $1.31 price per square foot in the Speedway Wellhead neighborhood. Here is today’s list of the best values for Chapel Hill Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ashton PointeThree Bedroom Townhome3BR,1.5BA$1.48
10 West ApartmentsThe Broadway2BR,2BA$1.31
Eagle Lake LandingThe Sand Piper2BR,2BA$1.46
Chapel Hill ApartmentsThe Everglade Lg2BR,1BA$1.25
SuncrestStarburst1BR,1BA$1.48
The Park at Greenhill1 Bedroom 1 Bath 654 SF CS - Upgrade1BR,1BA$1.48
Hills Apartments1 Bedroom 1 Bath Apartment1BR,1BA$1.38
Mariners VillageStudioStudio ,1BA$1.39
The Legend at SpeedwayA11BR,1BA$1.38
Pinnacle WestStudioStudio ,1BA$1.38

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Pet Friendly Lifestyle
Chapel Hill Village, Indianapolis, IN

Ranked #131

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team works hard to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Chapel Hill Village, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and other valuable search options. These search options are in the site filters at the top of this page.

Getting Around the Chapel Hill Village Neighborhood in Indianapolis, IN

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

30 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Chapel Hill Village Apartments

What is the Cheapest Studio apartment in Chapel Hill Village?

Currently the most affordable Cheap Studio Apartment in Chapel Hill Village is at Ashgrove Apartments listed at $750.

How much is rent for a Cheap One Bedroom Chapel Hill Village Apartment?

The lowest price for a Cheap One Bedroom Chapel Hill Village Apartment is $786 at The Legend at Speedway.

What is the lowest price for a Cheap Two Bedroom Chapel Hill Village Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Chapel Hill Village is starting from $876 at Hills Apartments.

What is the most affordable Chapel Hill Village Three Bedroom Apartment?

The best deal on a cheap Chapel Hill Village Three Bedroom Apartment rental is at Hills Apartments and starts from $1,187.

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.