
Cheap Apartments for Rent in the Delaware Trail Neighborhood of Indianapolis, IN from $700 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Delaware Trail area of Indianapolis.


The Meridian North and South

Carlton Apartments

Reflections Apartments
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.

Woodlake

Meridian Lakes

The Manning Apartment Homes
Delaware Trail - 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!
Delaware Trail, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Delaware Trail?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Delaware Trail Studio Apartments | $1,036 | $734 | $1,695 |
Delaware Trail 1 Bedroom Apartments | $1,103 | $785 | $1,995 |
Delaware Trail 2 Bedroom Apartments | $1,351 | $934 | $3,695 |
Delaware Trail 3 Bedroom Apartments | $1,619 | $1,154 | $2,462 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Delaware Trail Neighborhood of Indianapolis, IN.
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Delaware Trail, Indianapolis, IN Local Guide
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Cheapest Available Delaware Trail Apartments for Rent
 The cheapest available apartment rental in the Delaware Trail 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 $829. Here are the most affordable Delaware Trail 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 | $829 |
The Meridian North and South | A1S North | 1BR,1BA | $839 |
Best Value Apartments for Rent in Delaware Trail, IN
As of April 21, 2025 the best value apartment in the Delaware Trail area is the $1.17 price per square foot 2 Bed/2 Bath-Dn Model at North Willow in the in the Spring Arbor neighborhood starting from $1,584. The second greatest value Delaware Trail apartment is the Iris Model at Everly at Meridian Hills starting at $1,379 with a $1.15 price per square foot in the Faith Knoll neighborhood. Here is today’s list of the best values for Delaware Trail apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
North Willow | 2 Bed/2 Bath-Dn | 2BR,2BA | $1.17 |
Everly at Meridian Hills | Iris | 2BR,1BA | $1.15 |
Edison at Meridian Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.43 |
Park Place Apartments | 2 Bedroom Remodeled | 2BR,1BA | $1.37 |
Woodlake | Two Bedroom Apartment Large | 2BR,1BA | $1.53 |
The Eclipse | Cosmo - Loft - Renovated | 1BR,1BA | $1.65 |
Carlton Apartments | Cottage | 1BR,1BA | $1.70 |
The Meridian North and South | A1S South | 1BR,1BA | $2.10 |
Meridian Lakes | 1Bed/1Ba-Dn (B) | 1BR,1BA | $2.08 |
Reflections Apartments | Musings | Studio ,1BA | $1.95 |
Quick Rent Budget Calculator
How much rent can you afford?
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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 in areas across the United States and customized analysis for North Indianapolis, IN. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, family-friendly amenities, raising pets, transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Delaware Trail Neighborhood in Indianapolis, IN
Walk Score®
16 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
38 / 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 Delaware Trail Apartments
What is a cheap apartment in Delaware Trail?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Delaware Trail is under $1,379.
What is the price of a cheap apartment in Delaware Trail?
The cheapest apartment in Delaware Trail is Carlton Apartments which is listed at $785, while the average apartment in Delaware Trail costs $2,064.
What types of apartments are the cheapest in Delaware Trail?
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 9 regular apartments in Delaware Trail 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 Delaware Trail?
Cheap apartments in Delaware Trail have an average cost of $133 which is $1,931 cheaper than the average rent for all rentals in Delaware Trail.
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.