Cheap Apartments for Rent in the Chapel Hill Neighborhood of Indianapolis, IN from $600 (11 Rentals)

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

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Remington on Rockville
1 to 3 Bedroom Apartments

Remington on Rockville

7455 Rockleigh AveIndianapolis, IN 46214
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Chapel Hill, Indianapolis, IN Local Guide

Cheapest Available Chapel Hill Apartments for Rent

 

The cheapest available apartment rental in the Chapel Hill 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 apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Pinnacle WestStudioStudio,1BA$699
The Boardwalk at Westlake Apartments and TownhomesStudio - 467 sqftStudio,1BA$725
The Park at Greenhill1 Bedroom 1 Bath 654 SF CS - Upgrade1BR,1BA$973
10 West ApartmentsThe Abbey1BR,1BA$1,016
The Maywood at SpeedwayThe Adams1BR,1BA$1,025

Best Value Apartments for Rent in Chapel Hill, IN

As of March 13, 2025 the best value apartment in the Chapel Hill area is the $1.44 price per square foot The Monroe Townhome Model at The Maywood at Speedway in the in the Cheswick Place neighborhood starting from $1,500. The second greatest value Chapel Hill apartment is the Ash 2 Model at Double Creek Flats Apartments starting at $1,461 with a $1.63 price per square foot in the Decatur Commons neighborhood. Here is today’s list of the best values for Chapel Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Maywood at SpeedwayThe Monroe Townhome2BR,1.5BA$1.44
Double Creek Flats ApartmentsAsh 21BR,1BA$1.63
Wyckford CommonsThe Iris1BR,1BA$1.41
Eagle Lake LandingThe Islander1BR,1BA$1.48
10 West ApartmentsThe Abbey1BR,1BA$1.29
Westpark Townhomes1 Bed 1 Bath1BR,1.5BA$1.40
The HermitageThe Hermitage1BR,1BA$1.48
The Park at Greenhill2 Bedroom 1 Bath, 715 sf - Creek Side2BR,1BA$1.59
The Boardwalk at Westlake Apartments and TownhomesOne Bedroom - 602 sqft1BR,1BA$1.90
Pinnacle WestStudioStudio ,1BA$1.27

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Best Local Schools in
Chapel Hill, Indianapolis, IN

School data provided by Great Schools

Best Local Schools in
Chapel Hill, Indianapolis, IN

School data provided by Great Schools

Frequently Asked Questions about Cheap Chapel Hill Apartments

What is the Cheapest Studio apartment in Chapel Hill?

Currently the most affordable Cheap Studio Apartment in Chapel Hill is at Pinnacle West listed at $699.

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

The lowest price for a Cheap One Bedroom Chapel Hill Apartment is $739 at Pinnacle West.

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

Today's best deal for a Cheap Two Bedroom Apartment in Chapel Hill is starting from $1,009 at Pinnacle West.

What is the most affordable Chapel Hill Three Bedroom Apartment?

The best deal on a cheap Chapel Hill Three Bedroom Apartment rental is at Westpark Townhomes and starts from $1,450.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.