Cheap Apartments for Rent in the Kensington Farms Neighborhood of Indianapolis, IN from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Kensington Farms area of Indianapolis.

Apartments @ Marten Court

Vineyards Apartments

Carriage House East

Harrison Point Apartments

Fountainview Apartments

Timber Point Apartments
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7725 E 50th St

Canterbury House Apartments - Franklin Road

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Kensington Farms - 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!
Kensington Farms, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Kensington Farms?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Kensington Farms Studio Apartments | $725 | $725 | $725 |
Kensington Farms 1 Bedroom Apartments | $1,234 | $838 | $1,769 |
Kensington Farms 2 Bedroom Apartments | $1,433 | $750 | $2,722 |
Kensington Farms 3 Bedroom Apartments | $1,711 | $1,050 | $2,260 |
Kensington Farms 4 Bedroom Apartments | $1,879 | $1,420 | $2,330 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 3 mile radius of the Kensington Farms Neighborhood of Indianapolis, IN.
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Kensington Farms, Indianapolis, IN Local Guide
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Cheapest Available Kensington Farms Apartments for Rent
 The cheapest available apartment rental in the Kensington Farms area of Indianapolis, IN is a Studio unit found at Franklin Studios priced from $725. Vineyards Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $838. Here are the most affordable Kensington Farms apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Franklin Studios | Studio | Studio,1BA | $725 |
Vineyards Apartments | 1 Bedroom Apartment | 1BR,1BA | $838 |
The Life at Harrison Trails | 1 BED 1 BATH A (LOFT) | 1BR,1BA | $842 |
Apartments @ Marten Court | 1x1 | 1BR,1BA | $925 |
Fountainview Apartments | 1BR/1BA | 1BR,1BA | $925 |
Best Value Apartments for Rent in Kensington Farms, IN
As of April 22, 2025 the best value apartment in the Kensington Farms area is the $1.43 price per square foot B1 Woodridge Classic Model at THE GRANDE RESERVE AT GEIST in the in the Oaklandon neighborhood starting from $1,434. The second greatest value Kensington Farms apartment is the 2x1 with washer/dryer Model at Apartments @ Marten Court starting at $1,150 with a $1.23 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Kensington Farms apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
THE GRANDE RESERVE AT GEIST | B1 Woodridge Classic | 2BR,1BA | $1.43 |
Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.23 |
Reserve at Franklin Glen | 2BR2B- Reserve at Franklin Glen | 2BR,2BA | $1.31 |
Carriage House East | 2 Bedroom Apartment Optimism | 2BR,1BA | $1.18 |
Fountainview Apartments | 2BR/1BA | 2BR,1BA | $1.45 |
The Life at Harrison Trails | 2 BED 1 BATH | 2BR,1BA | $1.49 |
Harrison Point Apartments | Ruby Reno | 2BR,1BA | $1.52 |
Vineyards Apartments | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.50 |
Timber Point Apartments | The Ashland | 1BR,1BA | $1.16 |
TGM Shadeland Station | A1 | 1BR,1BA | $1.53 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleKensington Farms, Indianapolis, IN
Ranked #216
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Kensington Farms, Indianapolis, IN
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers is proud to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Northeast Indianapolis, IN. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Kensington Farms Apartments
What is a cheap apartment in Kensington Farms?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Kensington Farms is under $1,069.
What is the price of a cheap apartment in Kensington Farms?
The cheapest apartment in Kensington Farms is Vineyards Apartments which is listed at $838, while the average apartment in Kensington Farms costs $1,995.
What types of apartments are the cheapest in Kensington Farms?
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 9 regular apartments in Kensington Farms 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 Kensington Farms?
Cheap apartments in Kensington Farms have an average cost of $725 which is $1,270 cheaper than the average rent for all rentals in Kensington Farms.
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.

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.

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.