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Cheap Apartments for Rent in the Fairgrounds Neighborhood of Indianapolis, IN from $300 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairgrounds area of Indianapolis.
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Rent Specials
from $699Studio to 2 Bedroom Apartments Available Now
Meridian Towers
3710 N Meridian StIndianapolis, IN 46208
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Rent Specials
from $7101 to 2 Bedroom Apartments Available Apr 25
Maple Court
3524-3538 N Pennsylvania StIndianapolis, IN 46205
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from $807Studio to 4 Bedroom Apartments Available Now
The Pines at SoBro
5018 Lemans DrIndianapolis, IN 46205
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from $839Studio to 3 Bedroom Apartments Available Now
Broad Ripple Trails
5220 Luzzane DrIndianapolis, IN 46220
3763 Baltimore Ave
IndianapolisIN46218
3340 N Meridian St
IndianapolisIN46208
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from $891Studio to 3 Bedroom Apartments Available Now
Chateau De Ville
5303 Rue De VilleIndianapolis, IN 46220
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from $900Studio to 3 Bedroom Apartments Available Now
Brockton Apartments & Townhomes
5778 Brockton DrIndianapolis, IN 46220
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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.
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Studio to 1 Bedroom Apartments
VILLAGE AT FALL CREEK
3520-3534 Fall Creek Parkway North DrIndianapolis, IN 46205
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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!
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1 to 3 Bedroom Apartments
East Village at Avondale Meadows Apartments
3810 Cooper Square CtIndianapolis, IN 46205
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Showing Results 1-34, 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 | $1,201 | $649 | $2,960 |
| Fairgrounds 1 Bedroom Apartments | $1,409 | $710 | $2,171 |
| Fairgrounds 2 Bedroom Apartments | $1,545 | $875 | $3,695 |
| Fairgrounds 3 Bedroom Apartments | $1,853 | $978 | $4,100 |
| Fairgrounds 4 Bedroom Apartments | $2,435 | $2,435 | $2,435 |
Browse Apartments in this Neighborhood
There are currently 34 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 1 Bed apartment currently listed from $693. 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 | A1 | 1BR,1BA | $693 |
| Meridian Towers | Studio Apartment | Studio,1BA | $699 |
| Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $699 |
| The Pines at SoBro | One Bedrooms | 1BR,1BA | $807 |
| Broad Ripple Trails | STUD-S | Studio,1BA | $839 |
| Chateau De Ville | Bordeaux | Studio,1BA | $891 |
| Trails at Lakeside | Victoria | 1BR,1BA | $950 |
| A/62 | LePetit Luxe | 1BR,1BA | $974 |
| CityView on Meridian | 1 Bedroom/1Bathroom 615 | 1BR,1BA | $999 |
Best Value Apartments for Rent in Fairgrounds, IN
As of April 17, 2025 the best value apartment in the Fairgrounds area is the $1.14 price per square foot 2 Bed/2Ba Den W/D Up Model at Fallwood in the in the United Northeast neighborhood starting from $1,481. The second greatest value Fairgrounds apartment is the Iris Model at Everly at Meridian Hills starting at $1,379 with a $1.15 price per square foot in the Faith Knoll 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. |
|---|---|---|---|
| Fallwood | 2 Bed/2Ba Den W/D Up | 2BR,2BA | $1.14 |
| Everly at Meridian Hills | Iris | 2BR,1BA | $1.15 |
| Edison at Meridian Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.43 |
| A/62 | DuMonde | 2BR,1BA | $1.51 |
| Harbour Pointe | The Hideaway | 1BR,1BA | $1.40 |
| Willow Brook | Two Bedroom One Bath | 2BR,1BA | $1.37 |
| East Village at Avondale Meadows Apartments | A2 | 1BR,1BA | $1.32 |
| The Pines at SoBro | One Bedrooms | 1BR,1BA | $1.13 |
| Chateau in the Woods | 1 Bd/1 Ba Sm ABY | 1BR,1BA | $1.47 |
| Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $1.00 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleFairgrounds, Indianapolis, IN
Ranked #91
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 $999.
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 $2,435.
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 16 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 $143 which is $2,292 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.
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.
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.
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.