close
View Me
from $629Studio to 2 Bedroom Apartments Available Now
Meridian Towers
3710 N Meridian StIndianapolis, IN 46208
Cheap Apartments for Rent in the Fairgrounds Neighborhood of Indianapolis, IN from $300 (36 Rentals)
Cheap Apartments in the Fairgrounds area of Indianapolis.
close
View Me
close
View Me
from $685Studio to 4 Bedroom Apartments Available Now
The Pines at SoBro
5018 Lemans DrIndianapolis, IN 46205
6114 Hillside Ave
IndianapolisIN46220
close
View Me
from $839Studio to 3 Bedroom Apartments Available Now
Broad Ripple Trails
5220 Luzzane DrIndianapolis, IN 46220
close
View Me
from $8501 Bedroom Apartment Available Now
5322 Carrollton Ave, Unit 5322 Carrollton Avenue
5322 Carrollton AveIndianapolis, IN 46220
close
View Me
from $8501 Bedroom Apartments Available Now
Carrollton Manor Apartments
5322 Carrollton AveIndianapolis, IN 46220
3763 Baltimore Ave
IndianapolisIN46218
3340 N Meridian St
IndianapolisIN46208
close
View Me
from $871Studio to 3 Bedroom Apartments Available Now
Chateau De Ville
5303 Rue De VilleIndianapolis, IN 46220
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.
close
View Me
Rent Specials
from $8752 Bedroom Apartments Available Now
Maple Court
3524-3538 N Pennsylvania StIndianapolis, IN 46205
close
View Me
Rent Specials
from $900Studio to 3 Bedroom Apartments Available Now
Brockton Apartments & Townhomes
5778 Brockton DrIndianapolis, IN 46220
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
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.
close
View Me
close
View Me
Studio to 1 Bedroom Apartments
VILLAGE AT FALL CREEK
3520-3534 Fall Creek Parkway North DrIndianapolis, IN 46205
close
View Me
close
View Me
close
View Me
1 to 3 Bedroom Apartments
East Village at Avondale Meadows Apartments
3810 Cooper Square CtIndianapolis, IN 46205
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Fairgrounds - 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!
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-36, Page 1 of 1
Fairgrounds, Indianapolis, IN Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Fairgrounds?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairgrounds Studio Apartments | $1,192 | $649 | $2,880 |
| Fairgrounds 1 Bedroom Apartments | $1,395 | $775 | $2,405 |
| Fairgrounds 2 Bedroom Apartments | $1,499 | $830 | $3,695 |
| Fairgrounds 3 Bedroom Apartments | $1,751 | $1,130 | $4,040 |
| Fairgrounds 4 Bedroom Apartments | $1,927 | $1,420 | $2,435 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Fairgrounds Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Fairgrounds, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Fairgrounds Apartments for Rent
The cheapest available apartment rental in the Fairgrounds area of Indianapolis, IN is a Studio unit found at Glenstone Studios priced from $649. East Village at Avondale Meadows Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $662. Here are the most affordable Fairgrounds apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Glenstone Studios | Studio | Studio,1BA | $649 |
| East Village at Avondale Meadows Apartments | C1 | 3BR,2BA | $662 |
| Meridian Towers | One Bedroom One Bath | 1BR,1BA | $789 |
| The Pines at SoBro | One Bedrooms | 1BR,1BA | $795 |
| Carrollton Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $850 |
| Chateau De Ville | Bordeaux | Studio,1BA | $871 |
| Maple Court | 2 Bed Remodel | 2BR,1BA | $875 |
| Broad Ripple Trails | Commons 1 Bedroom | 1BR,1BA | $899 |
| A/62 | LePetit | 1BR,1BA | $975 |
Best Value Apartments for Rent in Fairgrounds, IN
As of May 09, 2025 the best value apartment in the Fairgrounds area is the $1.07 price per square foot Orchid Model at Everly at Meridian Hills in the in the Faith Knoll neighborhood starting from $1,779. The second greatest value Fairgrounds apartment is the 2 Bed/2Ba Den W/D Up Model at Fallwood starting at $1,481 with a $1.14 price per square foot in the United Northeast neighborhood. Here is today’s list of the best values for Fairgrounds apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Everly at Meridian Hills | Orchid | 3BR,2BA | $1.07 |
| Fallwood | 2 Bed/2Ba Den W/D Up | 2BR,2BA | $1.14 |
| Edison at Meridian Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.43 |
| Harbour Pointe | The Hideaway | 1BR,1BA | $1.43 |
| East Village at Avondale Meadows Apartments | A2 | 1BR,1BA | $1.32 |
| Maple Court | 2 Bed Remodel | 2BR,1BA | $1.17 |
| The Pines at SoBro | One Bedrooms | 1BR,1BA | $1.11 |
| Chateau in the Woods | 1 Bd/1 Ba Sm ABY | 1BR,1BA | $1.47 |
| Brockton Apartments & Townhomes | VL1 .1 | 1BR,1BA | $1.51 |
| Meridian Towers | One Bedroom One Bath | 1BR,1BA | $1.45 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Let everyone know!
Do you know the Fairgrounds area?
If you’re an expert on all things Fairgrounds, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleFairgrounds, Indianapolis, IN
Ranked #110
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Fairgrounds, Indianapolis, IN
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for North Central Indianapolis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Fairgrounds Neighborhood in Indianapolis, IN
Walk Score®
64 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
73 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
35 / 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 Fairgrounds Apartments
What is a cheap apartment in Fairgrounds?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fairgrounds is under $975.
What is the price of a cheap apartment in Fairgrounds?
The cheapest apartment in Fairgrounds is East Village at Avondale Meadows Apartments which is listed at $693, while the average apartment in Fairgrounds costs $1,927.
What types of apartments are the cheapest in Fairgrounds?
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 11 regular apartments in Fairgrounds 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 Fairgrounds?
Cheap apartments in Fairgrounds have an average cost of $115 which is $1,812 cheaper than the average rent for all rentals in Fairgrounds.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
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.