
Cheap Apartments for Rent in the Chestnut Hills Neighborhood of Indianapolis, IN from $400 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Chestnut Hills area of Indianapolis.


6702 Georgetown Rd

Westbury Court

Annhurst

Carlton Apartments

Cross Creek Apartments
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.

King's Reserve College Park - 55+ Senior
Chestnut Hills - 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!
Chestnut Hills, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Chestnut Hills?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Chestnut Hills Studio Apartments | $1,093 | $764 | $1,627 |
Chestnut Hills 1 Bedroom Apartments | $1,206 | $425 | $2,817 |
Chestnut Hills 2 Bedroom Apartments | $1,473 | $1,005 | $3,276 |
Chestnut Hills 3 Bedroom Apartments | $1,807 | $1,165 | $2,671 |
Chestnut Hills 4 Bedroom Apartments | $2,357 | $1,895 | $3,040 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 3 mile radius of the Chestnut Hills Neighborhood of Indianapolis, IN.
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Chestnut Hills, Indianapolis, IN Local Guide
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Cheapest Available Chestnut Hills Apartments for Rent
 The cheapest available apartment rental in the Chestnut Hills area of Indianapolis, IN is a Studio unit found at Annhurst priced from $764. Westbury Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $771. Here are the most affordable Chestnut Hills apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Annhurst | Studio | Studio,1BA | $764 |
Westbury Court | Standard One Bedroom (SN4M) | 1BR,1BA | $771 |
Carlton Apartments | Villa | 1BR,1BA | $785 |
Lake Camelot Apartments | 1 Bedroom Garden | 1BR,1BA | $857 |
Covered Bridge | Two Bedroom One Bath | 2BR,1BA | $860 |
Best Value Apartments for Rent in Chestnut Hills, IN
As of April 21, 2025 the best value apartment in the Chestnut Hills area is the $1.46 price per square foot Keystone Model at Willow Lake Apartments in the in the Spring Arbor neighborhood starting from $1,600. The second greatest value Chestnut Hills apartment is the The Sage Model at Crooked Creek starting at $1,375 with a $1.38 price per square foot in the Spring Arbor neighborhood. Here is today’s list of the best values for Chestnut Hills apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Willow Lake Apartments | Keystone | 1BR,1BA | $1.46 |
Crooked Creek | The Sage | 2BR,1.5BA | $1.38 |
Lakeshore Reserve Off 86th Apartments and Townhomes | Two Bedroom 2 Bath | 2BR,2BA | $1.45 |
The Elliott at College Park Apartment Homes | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.41 |
Lakes of Georgetown | D740 | 1BR,1BA | $1.43 |
Covered Bridge | One Bedroom One Bath | 1BR,1BA | $1.30 |
Lake Camelot Apartments | 1 Bedroom Garden | 1BR,1BA | $1.22 |
The Woods of Eagle Creek | The Creek: One Bedroom Apartment | 1BR,1BA | $1.37 |
Oakbrook Village | The Walnut 1B 1BA | 1BR,1BA | $1.47 |
Westbury Court | Standard One Bedroom (SN4M) | 1BR,1BA | $1.33 |
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Pet Friendly LifestyleChestnut Hills, Indianapolis, IN
Ranked #69
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Chestnut Hills, Indianapolis, IN
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Chestnut Hills, Indianapolis, and the greater Indianapolis area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Chestnut Hills Apartments
What is the Cheapest Studio apartment in Chestnut Hills?
Currently the most affordable Cheap Studio Apartment in Chestnut Hills is at Annhurst listed at $764.
How much is rent for a Cheap One Bedroom Chestnut Hills Apartment?
The lowest price for a Cheap One Bedroom Chestnut Hills Apartment is $771 at Westbury Court.
What is the lowest price for a Cheap Two Bedroom Chestnut Hills Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Chestnut Hills is starting from $860 at Covered Bridge.
What is the most affordable Chestnut Hills Three Bedroom Apartment?
The best deal on a cheap Chestnut Hills Three Bedroom Apartment rental is at Estates at Crystal Bay and starts from $1,165.
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.

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.

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.