Cheap Homes for Rent in Kensington Farms Neighborhood of Indianapolis, IN from $700 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in the Kensington Farms area of Indianapolis.

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.

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

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. The Life at Harrison Trails has the second lowest priced unit, which is a 1 Bed apartment currently listed from $842. Here are the most affordable Kensington Farms apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Franklin StudiosStudioStudio,1BA$725
The Life at Harrison Trails1 BED 1 BATH A (LOFT)1BR,1BA$842
Apartments @ Marten Court1x11BR,1BA$925

Best Value Apartments for Rent in Kensington Farms, IN

As of April 30, 2025 the best value apartment in the Kensington Farms area is the $0.99 price per square foot The Bonelli Model at Timber Point Apartments in the in the Far Eastside neighborhood starting from $990. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Timber Point ApartmentsThe Bonelli2BR,2BA$0.99
Apartments @ Marten Court2x1 with washer/dryer2BR,1BA$1.23
Reserve at Franklin Glen2BR2B- Reserve at Franklin Glen2BR,2BA$1.31
Fountainview Apartments2BR/1BA2BR,1BA$1.42
The Life at Harrison Trails2 BED 1 BATH2BR,1BA$1.49
Harrison Point ApartmentsRuby Reno2BR,1BA$1.52
Vineyards Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1.28
Woods of Castleton1 bed/1 bath Up1BR,1BA$1.63
TGM Shadeland StationA11BR,1BA$1.53
Benjamin CourtOne Bedroom One Bath1BR,1BA$1.55

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Frequently Asked Questions about Kensington Farms

What type of rentals are currently available in Kensington Farms?

There are currently 53 Apartments for Rent in Kensington Farms, IN with pricing that ranges from $725 to $2,778. There are also 79 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kensington Farms ranging from $700 to $2,995.

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 $700 to $2,995 with an average monthly rent of $1,833.

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 $1,050 to $2,260, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,435.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

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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.

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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.

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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.