Cheap Homes for Rent in Kensington Farms Neighborhood of Indianapolis, IN from $1,200 (13 Rentals)

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

property at 8510 N Carroll Rd

8510 N Carroll Rd

IndianapolisIN46236

Kensington Farms

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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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. Vineyards Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Kensington Farms apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Franklin StudiosStudioStudio,1BA$725
Vineyards Apartments1 Bedroom Apartment1BR,1BA$800
Apartments @ Marten Court1x11BR,1BA$829
The Life at Harrison Trails1 BED 1 BATH A (LOFT)1BR,1BA$842
Carriage House East1 Bedroom Apartment Hope1BR,1BA$846

Best Value Apartments for Rent in Kensington Farms, IN

As of April 07, 2025 the best value apartment in the Kensington Farms area is the $1.17 price per square foot 3BR2B -Reserve at Franklin Glen Model at Reserve at Franklin Glen in the in the Southeast Indianapolis neighborhood starting from $1,391. The second greatest value Kensington Farms apartment is the B1 Woodridge Classic Model at THE GRANDE RESERVE AT GEIST starting at $1,434 with a $1.43 price per square foot in the Oaklandon 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.
Reserve at Franklin Glen3BR2B -Reserve at Franklin Glen3BR,2BA$1.17
THE GRANDE RESERVE AT GEISTB1 Woodridge Classic2BR,1BA$1.43
The Life at Harrison Trails2 BED 1.5 BATH2BR,1.5BA$1.37
Apartments @ Marten Court2x1 with washer/dryer2BR,1BA$1.13
Carriage House East2 Bedroom Apartment Optimism2BR,1BA$1.18
Fountainview Apartments2BR/1BA2BR,1BA$1.45
Harrison Point ApartmentsRuby Reno2BR,1BA$1.52
Vineyards Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1.46
Timber Point ApartmentsThe Ashland1BR,1BA$1.08
TGM Shadeland StationA11BR,1BA$1.53

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Frequently Asked Questions about Kensington Farms

What type of rentals are currently available in Kensington Farms?

There are currently 52 Apartments for Rent in Kensington Farms, IN with pricing that ranges from $400 to $3,202. There are also 78 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kensington Farms ranging from $1,250 to $2,385.

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 $1,250 to $2,385 with an average monthly rent of $1,923.

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 $1,185 to $2,260, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,315. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,420.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

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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.