
Cheap Homes for Rent in Cobblestone Neighborhood of Indianapolis, IN from $1,000 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Cobblestone area of Indianapolis.


3704 Reflections Dr

4381 Village Pkwy Cir W

5944 Price Ln

4540 Village Ct

4749 Charrington Cir

5209 Tufton Dr

5722 Pilgrim Dr

5227 Austral Dr

6314 Commons Dr
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

How much does it cost to rent a home in Cobblestone?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cobblestone 2 Bedroom Homes for Rent | $1,348 | $1,095 | $1,600 |
Cobblestone 3 Bedroom Homes for Rent | $1,908 | $1,355 | $2,800 |
Cobblestone 4 Bedroom Homes for Rent | $2,272 | $2,210 | $2,366 |
Cobblestone 5 Bedroom Homes for Rent | $2,320 | $2,320 | $2,320 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Cobblestone Neighborhood of Indianapolis, IN.
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Cobblestone, Indianapolis, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mariners Village | Studio | Studio,1BA | $755 |
Scarborough Lake Apartments | The Sand Dollar Studio | Studio,1BA | $814 |
Spinnaker Court | Villa | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Eagle Creek Apartments | Barton-Renovated | 2BR,1BA | $1.48 |
Waterfront Pointe | The Sand Dune - Downstairs | 2BR,2BA | $1.32 |
The Life at Wood Springs | 2 BEDROOM | 2 BATHROOM A | 2BR,2BA | $1.38 |
Deercross Apartments | Dogwood | 1BR,1BA | $1.31 |
Park at Eagle Creek | Oakleaf | 1BR,1BA | $1.50 |
Pier 39 Apartments & Townhomes | One Bedroom One Bathroom | 1BR,1BA | $1.42 |
The Hermitage | The Hermitage | 1BR,1BA | $1.49 |
Astoria Park Apartment Homes | One Bedroom - 670 sqft | 1BR,1BA | $1.48 |
Woodhaven Park | One Bedroom One Bath | 1BR,1BA | $1.48 |
Mariners Village | Studio | Studio ,1BA | $1.25 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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.

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.

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.

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.