3712 Oil Creek Dr
IndianapolisIN46268
Cheap Homes for Rent in Chestnut Hills Neighborhood of Indianapolis, IN from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Chestnut Hills area of Indianapolis.
4802 Oakwood Trail
IndianapolisIN46268
2221 W 58th St
IndianapolisIN46228
4823 Cavern Pl
IndianapolisIN46268
3181 Sandpiper N Dr
IndianapolisIN46268
Chestnut Hills
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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Chestnut Hills, Indianapolis, IN Local Guide
How much does it cost to rent a home in Chestnut Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chestnut Hills 2 Bedroom Homes for Rent | $1,561 | $1,300 | $1,850 |
| Chestnut Hills 3 Bedroom Homes for Rent | $1,936 | $1,250 | $2,250 |
| Chestnut Hills 4 Bedroom Homes for Rent | $2,234 | $1,790 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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. Carlton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $785. 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 |
| Carlton Apartments | Villa | 1BR,1BA | $785 |
| Lake Camelot Apartments | 1 Bedroom Garden | 1BR,1BA | $840 |
Best Value Apartments for Rent in Chestnut Hills, IN
As of April 09, 2025 the best value apartment in the Chestnut Hills area is the $1.21 price per square foot D1201 Model at Lakes of Georgetown in the in the Crooked Creek neighborhood starting from $1,454. The second greatest value Chestnut Hills apartment is the Keystone Model at Willow Lake Apartments starting at $1,500 with a $1.37 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. |
|---|---|---|---|
| Lakes of Georgetown | D1201 | 3BR,2BA | $1.21 |
| Willow Lake Apartments | Keystone | 1BR,1BA | $1.37 |
| Crooked Creek | The Sage | 2BR,1.5BA | $1.38 |
| Lakeshore Reserve Off 86th Apartments and Townhomes | Two Bedroom 2 Bath | 2BR,2BA | $1.38 |
| The Elliott at College Park Apartment Homes | One Bedroom | 1BR,1BA | $1.43 |
| Covered Bridge | One Bedroom One Bath | 1BR,1BA | $1.30 |
| The Woods of Eagle Creek | The Creek: One Bedroom Apartment | 1BR,1BA | $1.39 |
| Lake Camelot Apartments | 1 Bedroom Garden | 1BR,1BA | $1.20 |
| Oakbrook Village | The Walnut 1B 1BA | 1BR,1BA | $1.47 |
| Estates at Crystal Bay | One Bedroom One Bath | 1BR,1BA | $1.52 |
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Frequently Asked Questions about Chestnut Hills
What type of rentals are currently available in Chestnut Hills?
There are currently 43 Apartments for Rent in Chestnut Hills, IN with pricing that ranges from $425 to $3,329. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chestnut Hills ranging from $1,250 to $3,000.
What is the current price range for Rental Homes in Chestnut Hills?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Chestnut Hills ranges from $1,250 to $3,000 with an average monthly rent of $1,910.
How much are larger Three and Four Bedroom Rentals in Chestnut Hills?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Chestnut Hills range from $1,165 to $2,720, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,250. Four Bedroom Single-Family rentals are also available starting from $1,790 and Four Bedroom Apartments start at $1,850.
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.