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from $759Studio to 2 Bedroom Apartments Available Now
Pinnacle West
230 Welcome Way BlvdIndianapolis, IN 46214
Cheap Apartments for Rent in the Indiana Park Neighborhood of Indianapolis, IN from $400 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Indiana Park area of Indianapolis.
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.
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Rent Specials
from $795Studio to 3 Bedroom Apartments Available Now
The Boardwalk at Westlake Apartments and Townhomes
6000 Westlake DrIndianapolis, IN 46224
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.
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from $8001 to 3 Bedroom Apartments Available Now
Hills Apartments
5515 Pleasant Hill CirIndianapolis, IN 46224
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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Indiana 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!
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Indiana Park, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Indiana Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indiana Park Studio Apartments | $1,142 | $759 | $1,795 |
| Indiana Park 1 Bedroom Apartments | $1,240 | $800 | $2,220 |
| Indiana Park 2 Bedroom Apartments | $1,511 | $1,000 | $3,020 |
| Indiana Park 3 Bedroom Apartments | $1,783 | $1,210 | $3,587 |
| Indiana Park 4 Bedroom Apartments | $1,724 | $1,724 | $1,724 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Indiana Park Neighborhood of Indianapolis, IN.
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Indiana Park, Indianapolis, IN Local Guide
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Cheapest Available Indiana Park Apartments for Rent
The cheapest available apartment rental in the Indiana Park area of Indianapolis, IN is a Studio unit found at Pinnacle West priced from $759. The Boardwalk at Westlake Apartments and Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Indiana Park apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pinnacle West | Studio | Studio,1BA | $759 |
| The Boardwalk at Westlake Apartments and Townhomes | Studio - 441 sqft | Studio,1BA | $795 |
| Hills Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $831 |
Best Value Apartments for Rent in Indiana Park, IN
As of May 12, 2025 the best value apartment in the Indiana Park area is the $1.31 price per square foot The Broadway Model at 10 West Apartments in the in the Speedway Wellhead neighborhood starting from $1,291. The second greatest value Indiana Park apartment is the The Santa Maria Model at The Maywood at Speedway starting at $1,199 with a $1.29 price per square foot in the Cheswick Place neighborhood. Here is today’s list of the best values for Indiana Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 10 West Apartments | The Broadway | 2BR,2BA | $1.31 |
| The Maywood at Speedway | The Santa Maria | 2BR,1.5BA | $1.29 |
| Carriage House West | The Addison | 2BR,1BA | $1.50 |
| Eagle Lake Landing | The Islander | 1BR,1BA | $1.38 |
| The Park at Greenhill | 2 Bedroom 1 Bath, 715 sf - Creek Side | 2BR,1BA | $1.59 |
| Ashton Pointe | One Bedroom Apartment | 1BR,1BA | $1.47 |
| The Hermitage | The Retreat | 1BR,1BA | $1.56 |
| Hills Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.33 |
| Mariners Village | Studio | Studio ,1BA | $1.39 |
| Pinnacle West | Studio | Studio ,1BA | $1.38 |
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 LifestyleIndiana Park, Indianapolis, IN
Ranked #180
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Indiana Park, Indianapolis, IN
School data provided by Great Schools
Frequently Asked Questions about Cheap Indiana Park Apartments
What is the Cheapest Studio apartment in Indiana Park?
Currently the most affordable Cheap Studio Apartment in Indiana Park is at Pinnacle West listed at $759.
How much is rent for a Cheap One Bedroom Indiana Park Apartment?
The lowest price for a Cheap One Bedroom Indiana Park Apartment is $800 at Hills Apartments.
What is the lowest price for a Cheap Two Bedroom Indiana Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Indiana Park is starting from $1,000 at Hills Apartments.
What is the most affordable Indiana Park Three Bedroom Apartment?
The best deal on a cheap Indiana Park Three Bedroom Apartment rental is at Hills Apartments and starts from $1,187.
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.