Cheap Apartments for Rent in the Cheswick Place Neighborhood of Indianapolis, IN from $400 (35 Rentals)

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

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34 North Apartments
Studio to 4 Bedroom Apartments

34 North Apartments

3402 N Meridian StIndianapolis, IN 46208
  • Utilities Included
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Parkside At Tarkington
1 to 2 Bedroom Apartments

Parkside At Tarkington

3901 N Meridian StIndianapolis, IN 46208
Senior Living
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Marblehead
Studio to 2 Bedroom Apartments

Marblehead

3310 N Meridian StIndianapolis, IN 46208
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The Stratford
Studio to 2 Bedroom Apartments

The Stratford

3201 Watergate RdIndianapolis, IN 46224
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Victoria Apartments
Studio Apartments

Victoria Apartments

1244 N Illinois StIndianapolis, IN 46202
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The Historic Bauer
1 Bedroom Apartments

The Historic Bauer

3720 N Meridian StIndianapolis, IN 46208
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Canal Gardens
1 Bedroom Apartments

Canal Gardens

1249 Dr Martin Luther King Jr StIndianapolis, IN 46202
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PICCADILLY
Studio to 1 Bedroom Apartments

PICCADILLY

28 E 16th StIndianapolis, IN 46202
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Oxmoor Indy
1 Bedroom Apartments

Oxmoor Indy

3640 N Meridian StIndianapolis, IN 46208
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Winston
1 Bedroom Apartments

Winston

3630 N Meridian StIndianapolis, IN 46208
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Admiral
1 to 2 Bedroom Apartments

Admiral

3025 N Meridian StIndianapolis, IN 46208
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Cheswick Place, Indianapolis, IN Local Guide

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 ListingModel NameBed/BathPriced From
Illinois Street Senior ApartmentsStudio 3 30%Studio,1BA$462
The StratfordStudioStudio,1BA$610
Meridian TowersStudio ApartmentStudio,1BA$629
Union at 16th1 Bed 1 Bath1BR,1BA$684
Oxmoor Indy1BR/1.0BA1BR,1BA$699
Cambridge CommonsStudioStudio,1BA$709
Cedars ApartmentsStudioStudio,1BA$727
Rosewood CommonsStudioStudio,1BA$729
St. Agnes Apartments*Studio- LoftStudio,1BA$740
Garden Pointe ApartmentsLily Studio UPStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
5009 Melbourne Rd5009 Melbourne Rd3BR,2.5BA$1.01
5829 Liberty Creek Dr E5829 Liberty Creek Dr E4BR,1.5BA$0.95
4309 Village Trace Dr4309 Village Trace Dr3BR,2BA$0.97
314 Bernard Ave314 Bernard Ave3BR,1BA$0.85
Meadows Apartments2 Bedroom 1.5 Bath Apartment2BR,1.5BA$1.06
Riverside Apartments2 Bedroom 1.5 Bath Townhouse2BR,1.5BA$1.00
1733 N. Meridian1BR1BR,1BA$1.04
The Sheldrake Apartments1 Bedroom With Den1BR,1BA$1.17
The Stratford1 Bedroom 1 Bathroom1BR,1BA$1.11
Oxmoor Indy1BR/1.0BA1BR,1BA$1.00

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Cheswick Place, Indianapolis, IN

Ranked #16

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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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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.

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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.