
Cheap Homes for Rent in Kensington Farms Neighborhood of Indianapolis, IN from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Kensington Farms area of Indianapolis.


4306 Meadowlark Ct

8254 Meadowlark Dr
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.

4407 N Mitchner Ave

8537 E 42nd Pl

8738 Montery Rd
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 a home in Kensington Farms?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Kensington Farms 2 Bedroom Homes for Rent | $1,575 | $1,300 | $1,850 |
Kensington Farms 3 Bedroom Homes for Rent | $1,849 | $700 | $2,550 |
Kensington Farms 4 Bedroom Homes for Rent | $2,075 | $1,600 | $2,995 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Franklin Studios | Studio | Studio,1BA | $725 |
The Life at Harrison Trails | 1 BED 1 BATH A (LOFT) | 1BR,1BA | $842 |
Apartments @ Marten Court | 1x1 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Timber Point Apartments | The Bonelli | 2BR,2BA | $0.99 |
Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.23 |
Reserve at Franklin Glen | 2BR2B- Reserve at Franklin Glen | 2BR,2BA | $1.31 |
Fountainview Apartments | 2BR/1BA | 2BR,1BA | $1.42 |
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 | $1.28 |
Woods of Castleton | 1 bed/1 bath Up | 1BR,1BA | $1.63 |
TGM Shadeland Station | A1 | 1BR,1BA | $1.53 |
Benjamin Court | One Bedroom One Bath | 1BR,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.

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.