
Cheap Apartments for Rent in the Chapel Hill Village Neighborhood of Indianapolis, IN from $400 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Chapel Hill Village area of Indianapolis.


Pinnacle West

The Boardwalk at Westlake Apartments and Townhomes

Mariners Village

Ashgrove Apartments

Darby Court

Stanford Court
Chapel Hill Village, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Chapel Hill Village?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Chapel Hill Village Studio Apartments | $1,036 | $725 | $1,624 |
Chapel Hill Village 1 Bedroom Apartments | $1,154 | $697 | $2,247 |
Chapel Hill Village 2 Bedroom Apartments | $1,515 | $945 | $2,888 |
Chapel Hill Village 3 Bedroom Apartments | $1,756 | $1,254 | $3,967 |
Chapel Hill Village 4 Bedroom Apartments | $1,671 | $1,619 | $1,724 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Chapel Hill Village Neighborhood of Indianapolis, IN.
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Chapel Hill Village, Indianapolis, IN Local Guide
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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 Pinnacle West priced from $699. The Boardwalk at Westlake Apartments and Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Chapel Hill Village apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Pinnacle West | Studio | Studio,1BA | $699 |
The Boardwalk at Westlake Apartments and Townhomes | Studio - 441 sqft | Studio,1BA | $725 |
Mariners Village | Studio | Studio,1BA | $748 |
Ashgrove Apartments | Studio | Studio,1BA | $750 |
Darby Court | Standard One Bedroom (SN2) | 1BR,1BA | $803 |
Best Value Apartments for Rent in Chapel Hill Village, IN
As of March 31, 2025 the best value apartment in the Chapel Hill Village area is the $0.98 price per square foot The Pinnacle Model at Chapel Hill Apartments in the in the West Wayne neighborhood starting from $1,450. The second greatest value Chapel Hill Village apartment is the 1221 Prairie Depot Model at 1221 Prairie Depot starting at $1,645 with a $1.46 price per square foot in the Chapel Hill Village neighborhood. Here is today’s list of the best values for Chapel Hill Village apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Chapel Hill Apartments | The Pinnacle | 2BR,1.5BA | $0.98 |
1221 Prairie Depot | 1221 Prairie Depot | 3BR,2BA | $1.46 |
10 West Apartments | The Broadway | 2BR,2BA | $1.31 |
Eagle Lake Landing | The Sand Piper | 2BR,2BA | $1.48 |
Suncrest | Aurora | 2BR,1.5BA | $1.38 |
The Maywood at Speedway | The Adams | 1BR,1BA | $1.20 |
Hills Apartments | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.49 |
The Legend at Speedway | B1 | 2BR,1BA | $1.37 |
Mariners Village | Studio | Studio ,1BA | $1.24 |
Pinnacle West | Studio | Studio ,1BA | $1.27 |
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Pet Friendly LifestyleChapel Hill Village, Indianapolis, IN
Ranked #159
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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
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 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 Pinnacle West listed at $699.
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 $739 at Pinnacle West.
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 $945 at Ashgrove 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 $1,254.
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.