
Cheap Apartments for Rent in the Herron Morton Place Neighborhood of Indianapolis, IN from $1,100 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Herron Morton Place area of Indianapolis.


Ralston Apartments

9 on Canal

Rise on Meridian

Cosmopolitan on the Canal

Circa Apartments

Industry Indianapolis

The Grounds

Ardmore Apartments

2060 N Delaware St

125 E 17th St

2041 N Talbott St

1828 N Alabama St
Herron Morton Place, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Herron Morton Place?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Herron Morton Place Studio Apartments | $1,367 | $1,220 | $1,930 |
Herron Morton Place 1 Bedroom Apartments | $1,668 | $1,149 | $3,635 |
Herron Morton Place 2 Bedroom Apartments | $2,360 | $1,448 | $4,320 |
Herron Morton Place 3 Bedroom Apartments | $2,509 | $1,662 | $4,040 |
Herron Morton Place 4 Bedroom Apartments | $2,420 | $2,420 | $2,420 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Herron Morton Place Neighborhood of Indianapolis, IN.
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Herron Morton Place, Indianapolis, IN Local Guide
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Cheapest Available Herron Morton Place Apartments for Rent
 The cheapest available apartment rental in the Herron Morton Place area of Indianapolis, IN is a 1 Bed unit found at 9 on Canal priced from $1,195. Rise on Meridian has the second lowest priced unit, which is a Studio apartment currently listed from $1,205. Here are the most affordable Herron Morton Place apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
9 on Canal | Stockholm | 1BR,1BA | $1,195 |
Rise on Meridian | The Amelia | Studio,1BA | $1,205 |
Ralston Apartments | Poppy | 1BR,1BA | $1,333 |
Circa Apartments | Arch | Studio,1BA | $1,334 |
Industry Indianapolis | Studio - Sa | Studio,1BA | $1,341 |
Best Value Apartments for Rent in Herron Morton Place, IN
As of March 31, 2025 the best value apartment in the Herron Morton Place area is the $1.24 price per square foot 3 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $2,199. The second greatest value Herron Morton Place apartment is the Two Bedroom - Body and Soul Model at Wesmont starting at $1,699 with a $1.73 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Herron Morton Place apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Block | 3 Bedroom 2 Bath | 3BR,2BA | $1.24 |
Wesmont | Two Bedroom - Body and Soul | 2BR,2BA | $1.73 |
Ralston Apartments | Lilac | 2BR,2BA | $1.67 |
Ardmore Apartments | A1- One Bedroom | 1BR,1BA | $2.13 |
Cosmopolitan on the Canal | Zurich | 1BR,1BA | $1.93 |
Circa Apartments | Historic Loft B | 1BR,1BA | $2.97 |
9 on Canal | Amsterdam - Lux | 1BR,1BA | $2.51 |
The Grounds | The Taffeta | 1BR,1BA | $2.47 |
Industry Indianapolis | 1BR/1BA - A1 | 1BR,1BA | $4.01 |
Rise on Meridian | The Amelia | Studio ,1BA | $3.01 |
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Pet Friendly LifestyleHerron Morton Place, Indianapolis, IN
Ranked #129
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Herron Morton Place Neighborhood in Indianapolis, IN
Walk Score®
80 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
73 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
52 / 100
Good Transit
Many 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 Herron Morton Place Apartments
What is the Cheapest Studio apartment in Herron Morton Place?
Currently the most affordable Cheap Studio Apartment in Herron Morton Place is at Rise on Meridian listed at $1,205.
How much is rent for a Cheap One Bedroom Herron Morton Place Apartment?
The lowest price for a Cheap One Bedroom Herron Morton Place Apartment is $1,195 at 9 on Canal.
What is the lowest price for a Cheap Two Bedroom Herron Morton Place Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Herron Morton Place is starting from $1,448 at Ralston Apartments.
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.

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.