
Cheap Homes for Rent in Edgewood Avenue Neighborhood of Indianapolis, IN from $1,000 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Edgewood Avenue area of Indianapolis.


5204 Bahia Dr

49 Trails End

5860 Newhall Dr

4649 Tim Tam Cir

3503 Pleasant Lake Dr

3503 Pleasant Lake Dr

3743 Owster Ln

3534 Ribbon Dr

4962 Candy Spots Ct
Edgewood Avenue
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

3739 Whistlewood Ln

5930 Southern Springs Ave

3532 Cork Bend Dr

3532 Cork Bend Dr

5064 Parterra Ct

5822 Southern Springs Ln

6821 Amber Springs Way
Edgewood Avenue, Indianapolis, IN Local Guide

How much does it cost to rent a home in Edgewood Avenue?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Edgewood Avenue 2 Bedroom Homes for Rent | $1,225 | $1,050 | $1,400 |
Edgewood Avenue 3 Bedroom Homes for Rent | $1,883 | $1,400 | $2,799 |
Edgewood Avenue 4 Bedroom Homes for Rent | $2,322 | $1,840 | $2,800 |
Edgewood Avenue 5 Bedroom Homes for Rent | $3,047 | $2,995 | $3,100 |
Browse Homes for Rent in this Neighborhood
There are currently 17 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 Emerson Village priced from $831. Sawmill Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. Here are the most affordable Edgewood Avenue apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Emerson Village | The Cardinal - Premium | 1BR,1BA | $831 |
Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $849 |
Willow Glen South | 1 bedroom lake | 1BR,1BA | $994 |
Beech Meadow Apartments | Birch | 1BR,1BA | $1,006 |
Strawbridge Green | Strawbridge | 2BR,1BA | $1,070 |
Best Value Apartments for Rent in Edgewood Avenue, IN
As of April 07, 2025 the best value apartment in the Edgewood Avenue area is the $1.44 price per square foot 2 Bedroom 2.5 Bath Townhome Model at Coventry Park Village in the in the Southeast Indianapolis neighborhood starting from $1,925. 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 | 2 Bedroom 2.5 Bath Townhome | 2BR,2.5BA | $1.44 |
Sherman Village | Townhome | 3BR,1.5BA | $0.88 |
Lakes of Windsor | Churchill | 2BR,2BA | $1.36 |
Sundance Apartments | The Vintage 2 BR 2 BA | 2BR,2BA | $1.37 |
Strawbridge Green | Strawbridge | 2BR,1BA | $1.05 |
Keeneland Crest Apartments | Classic | 1BR,1BA | $1.38 |
Latitudes Apartments | The Navigator 1 BR 1 BA | 1BR,1BA | $1.48 |
Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $1.13 |
Beech Meadow Apartments | Birch | 1BR,1BA | $1.34 |
Emerson Village | The Cardinal - Premium | 1BR,1BA | $1.36 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Edgewood Avenue
What type of rentals are currently available in Edgewood Avenue?
There are currently 41 Apartments for Rent in Edgewood Avenue, IN with pricing that ranges from $831 to $4,007. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Edgewood Avenue ranging from $1,050 to $3,100.
What is the current price range for Rental Homes in Edgewood Avenue?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Edgewood Avenue ranges from $1,050 to $3,100 with an average monthly rent of $1,985.
How much are larger Three and Four Bedroom Rentals in Edgewood Avenue?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Edgewood Avenue range from $1,030 to $4,007, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,799. Four Bedroom Single-Family rentals are also available starting from $1,840 and Four Bedroom Apartments start at $1,485.
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.

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.

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.