
Cheap Homes for Rent in Kensington Farms Neighborhood of Indianapolis, IN from $1,100 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Kensington Farms area of Indianapolis.


4333 Aspen Way

4916 Barlow Dr

8254 Meadowlark Dr

8061 Harrison Dr

4407 N Mitchner Ave

8328 E 41st Pl

8738 Montery Rd

5242 Traditions Rd
Kensington Farms
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 a home in Kensington Farms?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Kensington Farms 2 Bedroom Homes for Rent | $1,771 | $1,300 | $2,075 |
Kensington Farms 3 Bedroom Homes for Rent | $1,782 | $1,150 | $2,350 |
Kensington Farms 4 Bedroom Homes for Rent | $2,030 | $1,650 | $2,500 |
Kensington Farms 5 Bedroom Homes for Rent | $2,295 | $2,295 | $2,295 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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 1 Bed unit found at 8027 N Richardt Ave priced from $400. Franklin Studios has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Kensington Farms apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
8027 N Richardt Ave | 8027 N Richardt Ave | 1BR,1BA | $400 |
Franklin Studios | Studio | Studio,1BA | $725 |
Apartments @ Marten Court | 1x1 | 1BR,1BA | $829 |
Best Value Apartments for Rent in Kensington Farms, IN
As of March 29, 2025 the best value apartment in the Kensington Farms area is the $0.76 price per square foot 11319 Congaree Way Model at 11319 Congaree Way in the in the Southeast Indianapolis neighborhood starting from $2,220. The second greatest value Kensington Farms apartment is the 5355 Pelham Way Model at 5355 Pelham Way starting at $2,320 with a $0.90 price per square foot in the Far Eastside 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. |
---|---|---|---|
11319 Congaree Way | 11319 Congaree Way | 4BR,2.5BA | $0.76 |
5355 Pelham Way | 5355 Pelham Way | 4BR,2.5BA | $0.90 |
12523 Doe Ln | 12523 Doe Ln | 4BR,2.5BA | $0.96 |
6795 W Stansbury Blvd | 6795 W Stansbury Blvd | 5BR,2.5BA | $1.01 |
4234 Hovenweep Dr | 4234 Hovenweep Dr | 3BR,2.5BA | $0.88 |
5627 Wynridge Ct | 5627 Wynridge Ct | 3BR,2.5BA | $1.03 |
10321 Hornton St | 10321 Hornton St | 3BR,2.5BA | $1.25 |
Reserve at Franklin Glen | 3BR2B -Reserve at Franklin Glen | 3BR,2BA | $1.17 |
Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.13 |
Timber Point Apartments | The Ashland | 1BR,1BA | $1.18 |
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Frequently Asked Questions about Kensington Farms
What type of rentals are currently available in Kensington Farms?
There are currently 61 Apartments for Rent in Kensington Farms, IN with pricing that ranges from $383 to $2,899. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kensington Farms ranging from $1,150 to $2,500.
What is the current price range for Rental Homes in Kensington Farms?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Kensington Farms ranges from $1,150 to $2,500 with an average monthly rent of $1,969.
How much are larger Three and Four Bedroom Rentals in Kensington Farms?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Kensington Farms range from $1,165 to $2,290, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,350. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,415.
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.