Cheap Homes for Rent in Cobblestone Neighborhood of Indianapolis, IN from $1,000 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in the Cobblestone area of Indianapolis.

Cobblestone

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Cobblestone, Indianapolis, IN Local Guide

Cheapest Available Cobblestone Apartments for Rent

 

The cheapest available apartment rental in the Cobblestone area of Indianapolis, IN is a Studio unit found at Mariners Village priced from $755. Scarborough Lake Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $814. Here are the most affordable Cobblestone apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Mariners VillageStudioStudio,1BA$755
Scarborough Lake ApartmentsThe Sand Dollar StudioStudio,1BA$814
Spinnaker CourtVilla1BR,1BA$850

Best Value Apartments for Rent in Cobblestone, IN

As of March 24, 2025 the best value apartment in the Cobblestone area is the $1.48 price per square foot Barton-Renovated Model at Eagle Creek Apartments in the in the Timberview neighborhood starting from $1,492. The second greatest value Cobblestone apartment is the The Sand Dune - Downstairs Model at Waterfront Pointe starting at $1,300 with a $1.32 price per square foot in the Timberview neighborhood. Here is today’s list of the best values for Cobblestone apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eagle Creek ApartmentsBarton-Renovated2BR,1BA$1.48
Waterfront PointeThe Sand Dune - Downstairs2BR,2BA$1.32
The Life at Wood Springs2 BEDROOM | 2 BATHROOM A2BR,2BA$1.38
Deercross ApartmentsDogwood1BR,1BA$1.31
Park at Eagle CreekOakleaf1BR,1BA$1.50
Pier 39 Apartments & TownhomesOne Bedroom One Bathroom1BR,1BA$1.42
The HermitageThe Hermitage1BR,1BA$1.49
Astoria Park Apartment HomesOne Bedroom - 670 sqft1BR,1BA$1.48
Woodhaven ParkOne Bedroom One Bath1BR,1BA$1.48
Mariners VillageStudioStudio ,1BA$1.25

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Frequently Asked Questions about Cobblestone

What type of rentals are currently available in Cobblestone?

There are currently 41 Apartments for Rent in Cobblestone, IN with pricing that ranges from $755 to $3,001. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cobblestone ranging from $1,095 to $2,800.

What is the current price range for Rental Homes in Cobblestone?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cobblestone ranges from $1,095 to $2,800 with an average monthly rent of $1,962.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.