
Cheap Apartments for Rent in the Cheswick Place Neighborhood of Indianapolis, IN from $400 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cheswick Place area of Indianapolis.


1525 King Ave

The Sheldrake Apartments

Meridian Towers

Eagle Creek Court

1326 Medford Ave

1341 W Congress Ave

Cambridge Commons

Cedars Apartments

Rosewood Commons

St. Agnes Apartments

Garden Pointe Apartments

1733 N. Meridian

Illinois Street Senior Apartments
Cheswick Place, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Cheswick Place?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheswick Place Studio Apartments | $915 | $585 | $1,971 |
Cheswick Place 1 Bedroom Apartments | $1,142 | $436 | $2,428 |
Cheswick Place 2 Bedroom Apartments | $1,425 | $900 | $2,626 |
Cheswick Place 3 Bedroom Apartments | $1,708 | $1,000 | $2,752 |
Cheswick Place 4 Bedroom Apartments | $2,190 | $1,750 | $2,420 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 3 mile radius of the Cheswick Place Neighborhood of Indianapolis, IN.
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Cheswick Place, Indianapolis, IN Local Guide
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Cheapest Available Cheswick Place Apartments for Rent
 The cheapest available apartment rental in the Cheswick Place area of Indianapolis, IN is a Studio unit found at Illinois Street Senior Apartments priced from $462. The Stratford has the second lowest priced unit, which is a Studio apartment currently listed from $610. Here are the most affordable Cheswick Place apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Illinois Street Senior Apartments | Studio 3 30% | Studio,1BA | $462 |
The Stratford | Studio | Studio,1BA | $610 |
Meridian Towers | Studio Apartment | Studio,1BA | $629 |
Union at 16th | 1 Bed 1 Bath | 1BR,1BA | $684 |
Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $699 |
Cambridge Commons | Studio | Studio,1BA | $709 |
Cedars Apartments | Studio | Studio,1BA | $727 |
Rosewood Commons | Studio | Studio,1BA | $729 |
St. Agnes Apartments | *Studio- Loft | Studio,1BA | $740 |
Garden Pointe Apartments | Lily Studio UP | Studio,1BA | $775 |
Best Value Apartments for Rent in Cheswick Place, IN
As of March 30, 2025 the best value apartment in the Cheswick Place area is the $1.01 price per square foot 5009 Melbourne Rd Model at 5009 Melbourne Rd in the in the Cheswick Place neighborhood starting from $2,145. The second greatest value Cheswick Place apartment is the 5829 Liberty Creek Dr E Model at 5829 Liberty Creek Dr E starting at $1,965 with a $0.95 price per square foot in the Cheswick Place neighborhood. Here is today’s list of the best values for Cheswick Place apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
5009 Melbourne Rd | 5009 Melbourne Rd | 3BR,2.5BA | $1.01 |
5829 Liberty Creek Dr E | 5829 Liberty Creek Dr E | 4BR,1.5BA | $0.95 |
4309 Village Trace Dr | 4309 Village Trace Dr | 3BR,2BA | $0.97 |
314 Bernard Ave | 314 Bernard Ave | 3BR,1BA | $0.85 |
Meadows Apartments | 2 Bedroom 1.5 Bath Apartment | 2BR,1.5BA | $1.06 |
Riverside Apartments | 2 Bedroom 1.5 Bath Townhouse | 2BR,1.5BA | $1.00 |
1733 N. Meridian | 1BR | 1BR,1BA | $1.04 |
The Sheldrake Apartments | 1 Bedroom With Den | 1BR,1BA | $1.17 |
The Stratford | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.11 |
Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $1.00 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleCheswick Place, Indianapolis, IN
Ranked #16
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
Our team of engineers and researchers compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Cheswick Place, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, places to raise kids, raising pets, transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Cheswick Place Apartments
What is a cheap apartment in Cheswick Place?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cheswick Place is under $775.
What is the price of a cheap apartment in Cheswick Place?
The cheapest apartment in Cheswick Place is Union at 16th which is listed at $684, while the average apartment in Cheswick Place costs $2,400.
What types of apartments are the cheapest in Cheswick Place?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16 regular apartments in Cheswick Place that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Cheswick Place?
Cheap apartments in Cheswick Place have an average cost of $350 which is $2,050 cheaper than the average rent for all rentals in Cheswick Place.
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.