Cheap Homes for Rent in Forest Manor Neighborhood of Indianapolis, IN from $600 (36 Rentals)

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Search the lowest-cost Homes available for rent right now in the Forest Manor area of Indianapolis.

Forest Manor

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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Forest Manor, Indianapolis, IN Local Guide

Cheapest Available Forest Manor Apartments for Rent

 

The cheapest available apartment rental in the Forest Manor area of Indianapolis, IN is a 1 Bed unit found at East Village at Avondale Meadows Apartments priced from $635. Kingston Square Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $879. Here are the most affordable Forest Manor apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
East Village at Avondale Meadows ApartmentsA11BR,1BA$635
Kingston Square ApartmentsThe AshStudio,1BA$879
Indy Town ApartmentsArlington Green 2 bedroom2BR,1BA$899
Prairies Apartments2 Bedroom 1.5 Bath2BR,1BA$966
Chateau De VilleCalais1BR,1BA$973
A/62LePetit Luxe1BR,1BA$974
Chateau in the Woods1 Bd/1 Ba Sm ABY1BR,1BA$1,044
The Meadows1 Bedroom 730sf1BR,1BA$1,080
Willow BrookTwo Bedroom One Bath2BR,1BA$1,099
Harbour PointeThe Hideaway1BR,1BA$1,189

Best Value Apartments for Rent in Forest Manor, IN

As of April 09, 2025 the best value apartment in the Forest Manor area is the $1.13 price per square foot 2 Bed/2Bath W/D Up Model at Fallwood in the in the United Northeast neighborhood starting from $1,361. The second greatest value Forest Manor apartment is the 2 Bedroom 1 Bath Model at Prairies Apartments starting at $926 with a $1.06 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Forest Manor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fallwood2 Bed/2Bath W/D Up2BR,2BA$1.13
Prairies Apartments2 Bedroom 1 Bath2BR,1BA$1.06
Harbour PointeThe Hideaway1BR,1BA$1.40
Willow BrookTwo Bedroom One Bath2BR,1BA$1.37
WesmontOne Bedroom - Polka Dots and Moonbeams1BR,1BA$1.66
East Village at Avondale Meadows ApartmentsA21BR,1BA$1.32
The Meadows1 Bedroom 730sf1BR,1BA$1.48
Chateau in the Woods1 Bd/1 Ba Sm ABY1BR,1BA$1.47
Indy Town ApartmentsArlington Green 2 bedroom2BR,1BA$1.34
A/62LePetit1BR,1BA$1.62

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Frequently Asked Questions about Forest Manor

What type of rentals are currently available in Forest Manor?

There are currently 87 Apartments for Rent in Forest Manor, IN with pricing that ranges from $411 to $4,040. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Manor ranging from $600 to $2,695.

What is the current price range for Rental Homes in Forest Manor?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest Manor ranges from $600 to $2,695 with an average monthly rent of $1,449.

How much are larger Three and Four Bedroom Rentals in Forest Manor?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Forest Manor range from $1,440 to $4,040, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $1,995. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,199.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

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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.

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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.

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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.