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from $714Studio to 3 Bedroom Apartments Available Now
The Meridian North and South
2085 Waterford PlIndianapolis, IN 46260
Cheap Apartments for Rent in the College Park Neighborhood of Indianapolis, IN from $700 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the College Park area of Indianapolis.
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from $7851 to 2 Bedroom Apartments Available Now
Carlton Apartments
2629 Plaza DrIndianapolis, IN 46268
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from $819Studio to 3 Bedroom Apartments Available Now
Reflections Apartments
7999 Silverleaf DrIndianapolis, IN 46260
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from $844Studio to 2 Bedroom Apartments Contact Us For Availability
King's Reserve College Park - 55+ Senior
8810 Colby BlvdIndianapolis, IN 46268
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from $970Studio to 3 Bedroom Apartments Available Now
Meridian Lakes
7344 Meridian Hills CtIndianapolis, IN 46260
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from $989Studio to 2 Bedroom Apartments Available Now
Avia Lofts at Founders Road
3553 Founders RdIndianapolis, IN 46268
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from $1,059Studio to 3 Bedroom Apartments Available Now
The Manning Apartment Homes
8101 Laguna DrIndianapolis, IN 46260
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College Park
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
Showing Results 1-10, Page 1 of 1
College Park, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in College Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| College Park Studio Apartments | $1,020 | $714 | $1,630 |
| College Park 1 Bedroom Apartments | $1,195 | $785 | $2,362 |
| College Park 2 Bedroom Apartments | $1,412 | $1,004 | $2,324 |
| College Park 3 Bedroom Apartments | $1,599 | $1,164 | $2,649 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the College Park Neighborhood of Indianapolis, IN.
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College Park, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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Cheapest Available College Park Apartments for Rent
The cheapest available apartment rental in the College Park area of Indianapolis, IN is a 1 Bed unit found at Carlton Apartments priced from $785. Reflections Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $819. Here are the most affordable College Park apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carlton Apartments | Villa | 1BR,1BA | $785 |
| Reflections Apartments | Replica | Studio,1BA | $819 |
| The Meridian North and South | A5S South | 1BR,1BA | $909 |
Best Value Apartments for Rent in College Park, IN
As of March 22, 2025 the best value apartment in the College Park area is the $1.28 price per square foot 2 Bed/1 Bath-Dn Model at North Willow in the in the Spring Arbor neighborhood starting from $1,459. The second greatest value College Park apartment is the Keystone Model at Willow Lake Apartments starting at $1,490 with a $1.36 price per square foot in the Spring Arbor neighborhood. Here is today’s list of the best values for College Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| North Willow | 2 Bed/1 Bath-Dn | 2BR,1BA | $1.28 |
| Willow Lake Apartments | Keystone | 1BR,1BA | $1.36 |
| The Elliott at College Park Apartment Homes | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.43 |
| The Lakes Apartments | Marian | 1BR,1BA | $1.63 |
| The Domain at Bennett Farms | Archer | 1BR,1BA | $2.00 |
| The Eclipse | 1 Bed 1 Bath Loft - Renovated | 1BR,1BA | $1.93 |
| Carlton Apartments | Cottage | 1BR,1BA | $1.70 |
| The Meridian North and South | A1S South | 1BR,1BA | $2.09 |
| Meridian Lakes | 1Bed/1Ba-Dn (B) | 1BR,1BA | $2.08 |
| Reflections Apartments | Musings | Studio ,1BA | $1.85 |
Quick Rent Budget Calculator
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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.
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Pet Friendly LifestyleCollege Park, Indianapolis, IN
Ranked #121
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the College Park Neighborhood in Indianapolis, IN
Walk Score®
48 / 100
Car-Dependent
Most errands require a car
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
Transit Score®
28 / 100
Some Transit
A few nearby public transportation options
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 College Park Apartments
What is a cheap apartment in College Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in College Park is under $1,390.
What is the price of a cheap apartment in College Park?
The cheapest apartment in College Park is Carlton Apartments which is listed at $785, while the average apartment in College Park costs $1,554.
What types of apartments are the cheapest in College Park?
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 69 regular apartments in College Park 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 College Park?
Cheap apartments in College Park have an average cost of $123 which is $1,431 cheaper than the average rent for all rentals in College Park.
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.