109 Welcome Way Blvd E
IndianapolisIN46214
Cheap Homes for Rent in Chapel Hill Neighborhood of Indianapolis, IN from $1,400 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Chapel Hill area of Indianapolis.
130 Buisdale Dr
IndianapolisIN46214
718 Spring Valley Ct
IndianapolisIN46231
Chapel Hill
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, Indianapolis, IN Local Guide
How much does it cost to rent a home in Chapel Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chapel Hill 2 Bedroom Homes for Rent | $1,725 | $1,725 | $1,725 |
| Chapel Hill 3 Bedroom Homes for Rent | $1,541 | $1,400 | $1,640 |
| Chapel Hill 4 Bedroom Homes for Rent | $2,050 | $2,050 | $2,050 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Chapel Hill Neighborhood of Indianapolis, IN.
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Chapel Hill, Indianapolis, IN Local Guide
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Best Value Apartments for Rent in Chapel Hill, IN
As of April 13, 2025 the best value apartment in the Chapel Hill area is the $1.52 price per square foot Three Bedroom Townhome Model at Ashton Pointe in the in the West Wayne neighborhood starting from $1,685. The second greatest value Chapel Hill apartment is the The Broadway Model at 10 West Apartments starting at $1,291 with a $1.31 price per square foot in the Speedway Wellhead neighborhood. Here is today’s list of the best values for Chapel Hill 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 | $1.52 |
| 10 West Apartments | The Broadway | 2BR,2BA | $1.31 |
| Double Creek Flats Apartments | Ash 4 | 1BR,1BA | $1.50 |
| Eagle Lake Landing | The Islander | 1BR,1BA | $1.48 |
| Wyckford Commons | The Artemis | 1BR,1BA | $1.47 |
| The Park at Greenhill | 2 Bedroom 1 Bath, 715 sf - Creek Side | 2BR,1BA | $1.59 |
| The Hermitage | The Retreat | 1BR,1BA | $1.56 |
| Pinnacle West | Studio | Studio ,1BA | $1.38 |
| The Boardwalk at Westlake Apartments and Townhomes | Studio - 467 sqft | Studio ,1BA | $2.09 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Chapel Hill
What type of rentals are currently available in Chapel Hill?
There are currently 13 Apartments for Rent in Chapel Hill, IN with pricing that ranges from $745 to $4,078. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chapel Hill ranging from $1,400 to $2,050.
What is the current price range for Rental Homes in Chapel Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Chapel Hill ranges from $1,400 to $2,050 with an average monthly rent of $1,772.
How much are larger Three and Four Bedroom Rentals in Chapel Hill?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Chapel Hill range from $1,450 to $4,078, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $1,640. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $1,724.
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.