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Churchman Woods
5350 Churchman AveIndianapolis, IN 46203
Cheap Apartments for Rent in the Edgewood Avenue Neighborhood of Indianapolis, IN from $700 (18 Rentals)
Cheap Apartments in the Edgewood Avenue area of Indianapolis.
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from $8491 to 2 Bedroom Apartments Available Now
Sawmill Apartments
3708 Lickridge Lane DrIndianapolis, IN 46237
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from $8911 to 4 Bedroom Apartments Contact Us For Availability
Park View at Beech Grove
3641 Dandelion AveIndianapolis, IN 46203
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from $9251 to 3 Bedroom Apartments Available Now
Sherman Village
4603 S Sherman DrIndianapolis, IN 46237
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from $9502 to 3 Bedroom Apartments Available Now
Strawbridge Green
4649 Strawbridge StIndianapolis, IN 46237
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from $953Studio to 3 Bedroom Apartments Available Now
Ninth Avenue Apartments
4651 Mimi DrIndianapolis, IN 46237
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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from $9841 to 2 Bedroom Apartments Available Now
Emerson Village
5140 Emerson Village PlIndianapolis, IN 46237
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from $1,0561 to 2 Bedroom Apartments Available Now
Keeneland Crest Apartments
8401 Boggs Creek DrIndianapolis, IN 46237
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from $1,0771 to 3 Bedroom Apartments Available Now
Overlook at Valley Ridge Apartments
6810 Valley Ridge DrIndianapolis, IN 46237
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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.
3854 S Sherman Dr
IndianapolisIN46237
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from $9501 to 4 Bedroom Apartments Available Now
Beech Meadow Apartments
147 Diplomat CtBeech Grove, IN 46107
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from $9641 to 3 Bedroom Apartments Available Now
Willow Glen South
4880 Willow Glen DrBeech Grove, IN 46107
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from $1,0521 to 2 Bedroom Apartments Contact Us For Availability
The Brixton
4929 Red Robin DrBeech Grove, IN 46107
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from $1,0742 Bedroom Apartments Available May 9
Beech Tree Glen Apartments
240 Grovewood PlBeech Grove, IN 46107
Edgewood Avenue - 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!
Showing Results 1-18, Page 1 of 1
Edgewood Avenue, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Edgewood Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Edgewood Avenue Studio Apartments | $1,351 | $953 | $1,675 |
| Edgewood Avenue 1 Bedroom Apartments | $1,301 | $845 | $3,581 |
| Edgewood Avenue 2 Bedroom Apartments | $1,454 | $940 | $2,880 |
| Edgewood Avenue 3 Bedroom Apartments | $1,851 | $1,020 | $4,309 |
| Edgewood Avenue 4 Bedroom Apartments | $1,883 | $1,485 | $2,460 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 3 mile radius of the Edgewood Avenue Neighborhood of Indianapolis, IN.
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Edgewood Avenue, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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Cheapest Available Edgewood Avenue Apartments for Rent
The cheapest available apartment rental in the Edgewood Avenue area of Indianapolis, IN is a 1 Bed unit found at Sawmill Apartments priced from $849. Churchman Woods has the second lowest priced unit, which is a 2 Beds apartment currently listed from $945. Here are the most affordable Edgewood Avenue apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $849 |
| Churchman Woods | 2 BEDROOM | 2BR,1BA | $945 |
| Beech Meadow Apartments | Birch | 1BR,1BA | $950 |
| Willow Glen South | 1 bed 1 bath | 1BR,1BA | $984 |
| Overlook at Valley Ridge Apartments | A - Mohawk | 1BR,1BA | $1,077 |
Best Value Apartments for Rent in Edgewood Avenue, IN
As of May 05, 2025 the best value apartment in the Edgewood Avenue area is the $1.19 price per square foot Windsor Model at Lakes of Windsor in the in the Southeast Indianapolis neighborhood starting from $1,670. The second greatest value Edgewood Avenue apartment is the Townhome Model at Sherman Village starting at $1,300 with a $1.00 price per square foot in the Carson Heights neighborhood. Here is today’s list of the best values for Edgewood Avenue apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lakes of Windsor | Windsor | 3BR,2BA | $1.19 |
| Sherman Village | Townhome | 3BR,1.5BA | $1.00 |
| Strawbridge Green | Madison | 2BR,1.5BA | $0.97 |
| Latitudes Apartments | The Capricorn 2 BR 1 BA | 2BR,1BA | $1.30 |
| Keeneland Crest Apartments | Camden | 2BR,1BA | $1.36 |
| Sundance Apartments | The Mist 2 BR 1 BA | 2BR,1BA | $1.37 |
| Ninth Avenue Apartments | The Lily | 2BR,1BA | $1.42 |
| Beech Meadow Apartments | Hickory | 2BR,1BA | $1.34 |
| Churchman Woods | 2 BEDROOM | 2BR,1BA | $1.30 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $1.31 |
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 LifestyleEdgewood Avenue, Indianapolis, IN
Ranked #25
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Edgewood Avenue, Indianapolis, IN
Bunker Hill Elementary School
Franklin Township Com Sch Corp
Public School - Grades K-3 (501)
4 out of 10
Franklin Central High School
Franklin Township Com Sch Corp
Public School - Grades 9-12 (3319)
7 out of 10
Franklin Township Middle School West
Franklin Township Com Sch Corp
Public School - Grades 6-8 (957)
6 out of 10
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Indianapolis. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, pet-friendly features, family-friendliness, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Edgewood Avenue Apartments
What is a cheap apartment in Edgewood Avenue?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Edgewood Avenue is under $1,265.
What is the price of a cheap apartment in Edgewood Avenue?
The cheapest apartment in Edgewood Avenue is Sawmill Apartments which is listed at $849, while the average apartment in Edgewood Avenue costs $1,763.
What types of apartments are the cheapest in Edgewood Avenue?
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 1 regular apartments in Edgewood Avenue 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 Edgewood Avenue?
Cheap apartments in Edgewood Avenue have an average cost of $281 which is $1,482 cheaper than the average rent for all rentals in Edgewood Avenue.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
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.