Cheap Homes for Rent in Chapel Hill Village Neighborhood of Indianapolis, IN from $1,000 (7 Rentals)

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

property at 8169 Old Farm Ln

8169 Old Farm Ln

IndianapolisIN46214

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

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 ListingModel NameBed/BathPriced From
The Boardwalk at Westlake Apartments and TownhomesStudio - 441 sqftStudio,1BA$725
Mariners VillageStudioStudio,1BA$748
Ashgrove ApartmentsStudioStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Ashton PointeThree Bedroom Townhome3BR,1.5BA$1.54
Eagle Lake LandingThe Chesapeake2BR,2BA$1.33
10 West ApartmentsThe Broadway2BR,2BA$1.31
SuncrestAurora2BR,1.5BA$1.38
Carriage House WestThe Addison2BR,1BA$1.50
Hills Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1.44
Mariners VillageStudioStudio ,1BA$1.24
Sebring CourtDeluxe One Bedroom (AN)1BR,1BA$1.43
The Legend at SpeedwayA11BR,1BA$1.38
Pinnacle WestStudioStudio ,1BA$1.38

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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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

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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.