
Cheap Homes for Rent in Chapel Hill Village Neighborhood of Indianapolis, IN from $1,000 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Chapel Hill Village area of Indianapolis.


1847 Allison Ave

8169 Old Farm Ln

806 Thorndale St

1803 Ellen Dr

225 Coronado Rd

130 Buisdale Dr
Chapel Hill Village
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

How much does it cost to rent a home in Chapel Hill Village?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Chapel Hill Village 2 Bedroom Homes for Rent | $1,355 | $1,050 | $1,725 |
Chapel Hill Village 3 Bedroom Homes for Rent | $1,866 | $1,550 | $2,449 |
Chapel Hill Village 4 Bedroom Homes for Rent | $2,072 | $2,050 | $2,095 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 The Boardwalk at Westlake Apartments and Townhomes priced from $725. Mariners Village has the second lowest priced unit, which is a Studio apartment currently listed from $748. Here are the most affordable Chapel Hill Village apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
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 |
Best Value Apartments for Rent in Chapel Hill Village, IN
As of April 06, 2025 the best value apartment in the Chapel Hill Village area is the $1.54 price per square foot Three Bedroom Townhome Model at Ashton Pointe in the in the West Wayne neighborhood starting from $1,709. The second greatest value Chapel Hill Village apartment is the The Chesapeake Model at Eagle Lake Landing starting at $1,474 with a $1.33 price per square foot in the Cheswick Place 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. |
---|---|---|---|
Ashton Pointe | Three Bedroom Townhome | 3BR,1.5BA | $1.54 |
Eagle Lake Landing | The Chesapeake | 2BR,2BA | $1.33 |
10 West Apartments | The Broadway | 2BR,2BA | $1.31 |
Suncrest | Aurora | 2BR,1.5BA | $1.38 |
Carriage House West | The Addison | 2BR,1BA | $1.50 |
Hills Apartments | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.44 |
Mariners Village | Studio | Studio ,1BA | $1.24 |
Sebring Court | Deluxe One Bedroom (AN) | 1BR,1BA | $1.43 |
The Legend at Speedway | A1 | 1BR,1BA | $1.38 |
Pinnacle West | Studio | Studio ,1BA | $1.38 |
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.
Frequently Asked Questions about Chapel Hill Village
What type of rentals are currently available in Chapel Hill Village?
There are currently 36 Apartments for Rent in Chapel Hill Village, IN with pricing that ranges from $707 to $4,460. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chapel Hill Village ranging from $1,050 to $2,449.
What is the current price range for Rental Homes in Chapel Hill Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Chapel Hill Village ranges from $1,050 to $2,449 with an average monthly rent of $1,764.
How much are larger Three and Four Bedroom Rentals in Chapel Hill Village?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Chapel Hill Village range from $1,250 to $4,048, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $2,449. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $1,619.
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.