
Cheap Apartments for Rent in the Edgewood Avenue Neighborhood of Indianapolis, IN from $700 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Edgewood Avenue area of Indianapolis.


Sawmill Apartments

Strawbridge Green

Park View at Beech Grove

Sherman Village

Ninth Avenue Apartments

Emerson Village

Keeneland Crest Apartments

Overlook at Valley Ridge Apartments

3854 S Sherman Dr

Beech Tree Glen Apartments

Willow Glen South

Beech Meadow Apartments

The Brixton
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 | $1,324 | $931 | $1,562 |
Edgewood Avenue 1 Bedroom Apartments | $1,267 | $845 | $3,049 |
Edgewood Avenue 2 Bedroom Apartments | $1,445 | $880 | $3,530 |
Edgewood Avenue 3 Bedroom Apartments | $1,803 | $1,055 | $3,835 |
Edgewood Avenue 4 Bedroom Apartments | $1,586 | $1,485 | $1,688 |
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
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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. Emerson Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $968. 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 |
Emerson Village | The Cardinal - Premium | 1BR,1BA | $968 |
Willow Glen South | 1 bedroom lake | 1BR,1BA | $994 |
Beech Meadow Apartments | Birch | 1BR,1BA | $1,006 |
Strawbridge Green | Strawbridge | 2BR,1BA | $1,055 |
Best Value Apartments for Rent in Edgewood Avenue, IN
As of March 23, 2025 the best value apartment in the Edgewood Avenue area is the $1.27 price per square foot 3 Bedroom 2.5 Bath Townhome Model at Coventry Park Village in the in the Southeast Indianapolis neighborhood starting from $2,095. The second greatest value Edgewood Avenue apartment is the Townhome Model at Sherman Village starting at $1,150 with a $0.88 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. |
---|---|---|---|
Coventry Park Village | 3 Bedroom 2.5 Bath Townhome | 3BR,2.5BA | $1.27 |
Sherman Village | Townhome | 3BR,1.5BA | $0.88 |
Redwood Indianapolis | Forestwood | 2BR,2BA | $1.38 |
Strawbridge Green | Strawbridge | 2BR,1BA | $1.04 |
Keeneland Crest Apartments | Hartford | 2BR,1BA | $1.41 |
Lakes of Windsor | Chelsea | 1BR,1BA | $1.49 |
Beech Meadow Apartments | Birch | 1BR,1BA | $1.34 |
Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $1.13 |
Overlook at Valley Ridge Apartments | A1 - Champlain | 1BR,1BA | $1.48 |
Ninth Avenue Apartments | The Poppy | 1BR,1BA | $1.51 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleEdgewood Avenue, Indianapolis, IN
Ranked #44
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Edgewood Avenue, Indianapolis, IN
Bunker Hill Elementary School
Franklin Central High School
Franklin Township Middle School West
School data provided by Great Schools
Best Local Schools in Edgewood Avenue, Indianapolis, IN
Bunker Hill Elementary School
Franklin Central High School
Franklin Township Middle School West
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 the Cheapest Studio apartment in Edgewood Avenue?
Currently the most affordable Cheap Studio Apartment in Edgewood Avenue is at ARLO Apartments listed at $1,370.
How much is rent for a Cheap One Bedroom Edgewood Avenue Apartment?
The lowest price for a Cheap One Bedroom Edgewood Avenue Apartment is $849 at Sawmill Apartments.
What is the lowest price for a Cheap Two Bedroom Edgewood Avenue Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Edgewood Avenue is starting from $999 at Sawmill Apartments.
What is the most affordable Edgewood Avenue Three Bedroom Apartment?
The best deal on a cheap Edgewood Avenue Three Bedroom Apartment rental is at Sherman Village and starts from $1,300.
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.