Cheap Homes for Rent in Delaware Trail Neighborhood of Indianapolis, IN from $1,400 (3 Rentals)

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

Delaware Trail

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

Best Value Apartments for Rent in Delaware Trail, IN

As of March 22, 2025 the best value apartment in the Delaware Trail area is the $1.15 price per square foot 2 Bedroom 2 Bath Model at Edison at Meridian Hills in the in the Faith Knoll neighborhood starting from $1,549. The second greatest value Delaware Trail apartment is the Iris Model at Everly at Meridian Hills starting at $1,479 with a $1.23 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Edison at Meridian Hills2 Bedroom 2 Bath2BR,2BA$1.15
Everly at Meridian HillsIris2BR,1BA$1.23
North Willow2 Bed/1 Bath-Dn2BR,1BA$1.28
Park Place Apartments2 Bedroom Remodeled2BR,1BA$1.37
The Eclipse1 Bed 1 Bath Loft - Renovated1BR,1BA$1.93
The Manning Apartment HomesStudioStudio ,1BA$2.14
Carlton ApartmentsCottage1BR,1BA$1.70
The Meridian North and SouthA1S South1BR,1BA$2.09
Meridian Lakes1Bed/1Ba-Dn (B)1BR,1BA$2.08
Reflections ApartmentsMusingsStudio ,1BA$1.85

Frequently Asked Questions about Delaware Trail

What type of rentals are currently available in Delaware Trail?

There are currently 12 Apartments for Rent in Delaware Trail, IN with pricing that ranges from $714 to $3,695. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Delaware Trail ranging from $1,475 to $6,500.

What is the current price range for Rental Homes in Delaware Trail?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Delaware Trail ranges from $1,475 to $6,500 with an average monthly rent of $2,892.

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.