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from $692Studio to 3 Bedroom Apartments Available Now
Meadows Apartments
5505 Scarlet DrIndianapolis, IN 46224
Cheap Apartments for Rent in the Highlands Neighborhood of Indianapolis, IN from $500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Highlands area of Indianapolis.
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Rent Specials
from $709Studio to 3 Bedroom Apartments Available Now
Cambridge Commons
4959 Oakhurst DrIndianapolis, IN 46254
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from $775Studio to 2 Bedroom Apartments Available Now
Garden Pointe Apartments
5005 Lily LnIndianapolis, IN 46254
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from $777Studio to 3 Bedroom Apartments Available Now
Scarborough Lake Apartments
6430 Maidstone RdIndianapolis, IN 46254
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from $838Studio to 2 Bedroom Apartments Available Now
Mariners Village
7135 Islander DrIndianapolis, IN 46214
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from $8451 to 3 Bedroom Apartments Available Now
Woodhaven Park
6363 Commons DrIndianapolis, IN 46254
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from $8501 to 2 Bedroom Apartments Contact Us For Availability
Spinnaker Court
3685 St Thomas BlvdIndianapolis, IN 46214
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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Highlands - 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!
Showing Results 1-14, Page 1 of 1
Highlands, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Highlands?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Highlands Studio Apartments | $844 | $703 | $1,551 |
| Highlands 1 Bedroom Apartments | $1,138 | $692 | $2,714 |
| Highlands 2 Bedroom Apartments | $1,407 | $978 | $3,042 |
| Highlands 3 Bedroom Apartments | $1,761 | $1,413 | $2,415 |
| Highlands 4 Bedroom Apartments | $2,043 | $1,750 | $2,399 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Highlands Neighborhood of Indianapolis, IN.
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Highlands, Indianapolis, IN Local Guide
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Cheapest Available Highlands Apartments for Rent
The cheapest available apartment rental in the Highlands area of Indianapolis, IN is a Studio unit found at The Stratford priced from $610. Meadows Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $687. Here are the most affordable Highlands apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Stratford | Studio | Studio,1BA | $610 |
| Meadows Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $687 |
| Cambridge Commons | Studio | Studio,1BA | $709 |
| Garden Pointe Apartments | Lily Studio UP | Studio,1BA | $775 |
| Scarborough Lake Apartments | The Sand Dollar Studio | Studio,1BA | $777 |
Best Value Apartments for Rent in Highlands, IN
As of April 28, 2025 the best value apartment in the Highlands area is the $1.38 price per square foot Canadian Upgraded Model at EAGLE CHASE APARTMENTS in the in the Timberview neighborhood starting from $1,507. The second greatest value Highlands apartment is the Oakleaf Model at Park at Eagle Creek starting at $1,064 with a $1.42 price per square foot in the Timberview neighborhood. Here is today’s list of the best values for Highlands apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| EAGLE CHASE APARTMENTS | Canadian Upgraded | 2BR,2BA | $1.38 |
| Park at Eagle Creek | Oakleaf | 1BR,1BA | $1.42 |
| Pier 39 Apartments & Townhomes | One Bedroom One Bathroom | 1BR,1BA | $1.42 |
| The Stratford | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.11 |
| Aspen Chase | One Bedroom One Bath | 1BR,1BA | $1.36 |
| The Woods of Eagle Creek | The Creek: One Bedroom Apartment | 1BR,1BA | $1.38 |
| Pebble Point | The Bliss | 1BR,1BA | $1.44 |
| Woodhaven Park | One Bedroom One Bath | 1BR,1BA | $1.30 |
| Mariners Village | Studio | Studio ,1BA | $1.39 |
| Meadows Apartments | Studio Apartment | Studio ,1BA | $1.41 |
Quick Rent Budget Calculator
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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.
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Pet Friendly LifestyleHighlands, Indianapolis, IN
Ranked #127
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Highlands, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, pet-friendly features, multifamily communities for the kids, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Highlands Apartments
What is a cheap apartment in Highlands?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Highlands is under $950.
What is the price of a cheap apartment in Highlands?
The cheapest apartment in Highlands is Meadows Apartments which is listed at $692, while the average apartment in Highlands costs $2,360.
What types of apartments are the cheapest in Highlands?
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 15 regular apartments in Highlands 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 Highlands?
Cheap apartments in Highlands have an average cost of $231 which is $2,129 cheaper than the average rent for all rentals in Highlands.
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.
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.
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.