Cheap Homes for Rent in Chapel Hill Village Neighborhood of Indianapolis, IN from $1,400 (15 Rentals)

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

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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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!

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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 26, 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 Two Bedroom Two Bathroom (C3M) Model at Sebring Court starting at $1,091 with a $1.02 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
Sebring CourtTwo Bedroom Two Bathroom (C3M)2BR,2BA$1.02
10 West ApartmentsThe Broadway2BR,2BA$1.31
Chapel Hill ApartmentsThe Everglade Lg2BR,1BA$1.25
Eagle Lake LandingThe Islander1BR,1BA$1.38
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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Frequently Asked Questions about Chapel Hill Village

What type of rentals are currently available in Chapel Hill Village?

There are currently 34 Apartments for Rent in Chapel Hill Village, IN with pricing that ranges from $700 to $3,587. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chapel Hill Village ranging from $1,400 to $3,000.

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 $1,400 to $3,000 with an average monthly rent of $1,932.

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 $1,187 to $3,587, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,975 and Four Bedroom Apartments start at $1,677.

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.

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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.