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River Road Apartments
9115 Knights Bridge BlvdIndianapolis, IN 46240
Cheap Apartments for Rent in the Clearwater Neighborhood of Indianapolis, IN from $800 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Clearwater area of Indianapolis.
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from $8931 to 2 Bedroom Apartments Available Now
Riverbend Apartments
8850 Riverbend PkyIndianapolis, IN 46250
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from $9741 to 3 Bedroom Apartments Available Now
A/62
6111 Allisonville RdIndianapolis, IN 46220
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from $1,0361 to 3 Bedroom Apartments Available Now
TGM Avalon Lake
6724 Greenshire DrIndianapolis, IN 46220
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from $1,1421 to 2 Bedroom Apartments Available Now
TGM Autumn Woods
9075 Autumn Woods DrIndianapolis, IN 46250
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.
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from $1,1641 to 3 Bedroom Apartments Available Now
Solana Apartments
7745 Solana DrIndianapolis, IN 46240
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from $1,2951 to 3 Bedroom Apartments Available Now
Fountain Parc
4901 Whitton PlIndianapolis, IN 46220
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from $1,298Studio to 2 Bedroom Apartments Available Now
Ironworks at Keystone
2727 E 86th StIndianapolis, IN 46240
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from $1,3451 to 2 Bedroom Apartments Available Now
Lake Clearwater Apartments
3914 Lake Clearwater PlIndianapolis, IN 46240
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from $1,3492 Bedroom Apartments Available Now
Ivy Knoll Apartments
5707 A Ivy Knoll DrIndianapolis, IN 46250
Clearwater - 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!
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Clearwater, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Clearwater?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Clearwater Studio Apartments | $1,311 | $1,298 | $1,325 |
| Clearwater 1 Bedroom Apartments | $1,312 | $850 | $1,975 |
| Clearwater 2 Bedroom Apartments | $1,671 | $1,105 | $2,633 |
| Clearwater 3 Bedroom Apartments | $2,088 | $1,525 | $3,431 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Clearwater Neighborhood of Indianapolis, IN.
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Clearwater, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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Cheapest Available Clearwater Apartments for Rent
The cheapest available apartment rental in the Clearwater area of Indianapolis, IN is a 1 Bed unit found at Riverbend Apartments priced from $893. A/62 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $974. Here are the most affordable Clearwater apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverbend Apartments | Monte Carlo | 1BR,1BA | $893 |
| A/62 | LePetit Luxe | 1BR,1BA | $974 |
| TGM Avalon Lake | A1 | 1BR,1BA | $1,036 |
Best Value Apartments for Rent in Clearwater, IN
As of April 22, 2025 the best value apartment in the Clearwater area is the $1.17 price per square foot 2Bd/2Ba Dn W/D Model at Ivy Knoll Apartments in the in the Roxbury neighborhood starting from $1,399. The second greatest value Clearwater apartment is the Leisure: One Bedroom Apartment With Den Model at Somerset Lakes starting at $1,461 with a $1.29 price per square foot in the Nora neighborhood. Here is today’s list of the best values for Clearwater apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ivy Knoll Apartments | 2Bd/2Ba Dn W/D | 2BR,2BA | $1.17 |
| Somerset Lakes | Leisure: One Bedroom Apartment With Den | 1BR,1BA | $1.29 |
| Riverbend Apartments | Dublin | 1BR,1BA | $1.69 |
| Solana Apartments | Breeze | 1BR,1BA | $1.61 |
| A/62 | DuMonde | 2BR,1BA | $1.51 |
| Fountain Parc | The Wealth | 1BR,1BA | $1.65 |
| TGM Autumn Woods | A2 | 1BR,1BA | $1.47 |
| Lake Clearwater Apartments | Heron | 1BR,1BA | $1.93 |
| River Road Apartments | Resort | 1BR,1BA | $1.48 |
| TGM Avalon Lake | A2 | 1BR,1BA | $1.76 |
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Pet Friendly LifestyleClearwater, Indianapolis, IN
Ranked #158
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Clearwater Neighborhood in Indianapolis, IN
Walk Score®
59 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
22 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Clearwater Apartments
What is the price of a cheap apartment in Clearwater?
The cheapest apartment in Clearwater is Riverbend Apartments which is listed at $893, while the average apartment in Clearwater costs $1,832.
What types of apartments are the cheapest in Clearwater?
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 7 regular apartments in Clearwater 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 Clearwater?
Cheap apartments in Clearwater have an average cost of $266 which is $1,566 cheaper than the average rent for all rentals in Clearwater.
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.