
Cheap Apartments for Rent in the Grace Tuxedo Park Neighborhood of Indianapolis, IN from $300 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Grace Tuxedo Park area of Indianapolis.


910 N Ewing St

4830-4831 E Washington St

24 N Linwood Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

4302 E 10th St

45 S Linwood Ave

Courts Apartments
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.

3121 E Michigan St

921 N Drexel Ave

15 N Riley Ave
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.

263 S Chester Ave

8 N Butler Ave

951 N Ewing St

3842 E Pleasant Run Parkway North Dr
Grace Tuxedo Park - 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!

1526 N Sherman Dr

2962 N Olney St
Grace Tuxedo Park, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Grace Tuxedo Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Grace Tuxedo Park 1 Bedroom Apartments | $852 | $695 | $1,186 |
Grace Tuxedo Park 2 Bedroom Apartments | $1,249 | $816 | $1,832 |
Grace Tuxedo Park 3 Bedroom Apartments | $1,205 | $1,000 | $1,600 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 1 mile radius of the Grace Tuxedo Park Neighborhood of Indianapolis, IN.
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Grace Tuxedo Park, Indianapolis, IN Local Guide
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Cheapest Available Grace Tuxedo Park Apartments for Rent
 The cheapest available apartment rental in the Grace Tuxedo Park area of Indianapolis, IN is a 1 Bed unit found at Courts Apartments priced from $777. Vistas Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $795. Here are the most affordable Grace Tuxedo Park apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Courts Apartments | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $777 |
Vistas Apartments | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $795 |
Historic Irvington Flats | Beautiful Renovated Historic Apartment 1 bedroo... | 1BR,1BA | $1,039 |
School 85 | Schoolhouse Flats in Irvington 1 bedroom Reserv... | 1BR,1BA | $1,159 |
Minnie Hartmann Center | The Alma 50% | 2BR,1BA | $1,180 |
Best Value Apartments for Rent in Grace Tuxedo Park, IN
As of May 15, 2025 the best value apartment in the Grace Tuxedo Park area is the $1.24 price per square foot Beautiful Renovated Historic Apartment - 2 bedr... Model at School 85 in the in the Southeast Indianapolis neighborhood starting from $1,610. The second greatest value Grace Tuxedo Park apartment is the 2 Bedroom 1 Bath Apartment Model at Vistas Apartments starting at $996 with a $1.16 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Grace Tuxedo Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
School 85 | Beautiful Renovated Historic Apartment - 2 bedr... | 2BR,2BA | $1.24 |
Vistas Apartments | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.16 |
Minnie Hartmann Center | The Alma 50% | 2BR,1BA | $1.48 |
Historic Irvington Flats | Beautiful Renovated Historic Apartment 1 bedroo... | 1BR,1BA | $1.60 |
Roberts School Flats | G | 1BR,1BA | $1.90 |
Courts Apartments | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $1.36 |
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.
Pet Friendly LifestyleGrace Tuxedo Park, Indianapolis, IN
Ranked #223
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Grace Tuxedo Park Neighborhood in Indianapolis, IN
Walk Score®
66 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
60 / 100
Bikeable
Some bike infrastructure
Transit Score®
37 / 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 Grace Tuxedo Park Apartments
What is the price of a cheap apartment in Grace Tuxedo Park?
The cheapest apartment in Grace Tuxedo Park is Courts Apartments which is listed at $777, while the average apartment in Grace Tuxedo Park costs $1,137.
What types of apartments are the cheapest in Grace Tuxedo Park?
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 12 regular apartments in Grace Tuxedo Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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.