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from $765Studio Apartments Available Now
5700 Madison Apartments & Edgewood on Madison
5757 Madison AveIndianapolis, IN 46227
Cheap Studio Apartments for Rent in the Edgewood Neighborhood of Indianapolis, IN from $765 (6 Rentals)
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Rent Specials
from $850Studio Apartments Available Jul 15
Parc Bordeaux Apartments
3410 Rue ChanelIndianapolis, IN 46227
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Edgewood
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
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Edgewood, Indianapolis, IN Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Edgewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
Edgewood Studio Apartments | $877 | $765 | $1,135 |
| Edgewood 1 Bedroom Apartments | $1,021 | $325 | $1,903 |
| Edgewood 2 Bedroom Apartments | $1,234 | $885 | $2,083 |
| Edgewood 3 Bedroom Apartments | $1,491 | $1,030 | $2,647 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Edgewood Neighborhood of Indianapolis, IN.
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Getting Around the Edgewood Neighborhood in Indianapolis, IN
Walk Score®
53 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
28 / 100
Some Transit
A few nearby public transportation options
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 Edgewood Apartments
What is a cheap apartment in Edgewood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Edgewood is under $974.
What is the price of a cheap apartment in Edgewood?
The cheapest apartment in Edgewood is 5700 Madison Apartments & Edgewood on Madison which is listed at $770, while the average apartment in Edgewood costs $1,449.
What types of apartments are the cheapest in Edgewood?
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 10 regular apartments in Edgewood 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?
Cheap apartments in Edgewood have an average cost of $122 which is $1,327 cheaper than the average rent for all rentals in Edgewood.
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.
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.
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.