Cheap Apartments for Rent in the Keystone-Monon Neighborhood of Indianapolis, IN from $700 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Keystone-Monon area of Indianapolis.

Keystone-Monon

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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Keystone-Monon, Indianapolis, IN Local Guide

Cheapest Available Keystone-Monon Apartments for Rent

 

The cheapest available apartment rental in the Keystone-Monon area of Indianapolis, IN is a 1 Bed unit found at The Pines at SoBro priced from $800. Broad Ripple Trails has the second lowest priced unit, which is a Studio apartment currently listed from $839. Here are the most affordable Keystone-Monon apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Pines at SoBroOne Bedrooms1BR,1BA$800
Broad Ripple TrailsSTUD-SStudio,1BA$839
A/62LePetit Luxe1BR,1BA$974
Chateau in the Woods1 Bd/1 Ba Sm ABY1BR,1BA$1,044
Willow BrookTwo Bedroom One Bath2BR,1BA$1,099

Best Value Apartments for Rent in Keystone-Monon, IN

As of April 13, 2025 the best value apartment in the Keystone-Monon area is the $1.14 price per square foot 2 Bed/2Ba Den W/D Up Model at Fallwood in the in the United Northeast neighborhood starting from $1,481. The second greatest value Keystone-Monon apartment is the Buckingham 2 BR 2.5 BA Apartment- 1080 Sq. Ft Model at Buckingham & Balmoral starting at $1,885 with a $1.75 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Keystone-Monon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fallwood2 Bed/2Ba Den W/D Up2BR,2BA$1.14
Buckingham & BalmoralBuckingham 2 BR 2.5 BA Apartment- 1080 Sq. Ft2BR,2.5BA$1.75
Harbour PointeThe Hideaway1BR,1BA$1.40
Willow BrookTwo Bedroom One Bath2BR,1BA$1.37
The Pines at SoBroOne Bedrooms1BR,1BA$1.12
Chateau in the Woods1 Bd/1 Ba Sm ABY1BR,1BA$1.47
Monon 46The Laurel1BR,1BA$2.09
A/62LePetit1BR,1BA$1.51
Broad Ripple TrailsSTUD-SStudio ,1BA$2.10

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Pet Friendly Lifestyle
Keystone-Monon, Indianapolis, IN

Ranked #145

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Keystone-Monon Apartments

How much is rent for a Cheap One Bedroom Keystone-Monon Apartment?

The lowest price for a Cheap One Bedroom Keystone-Monon Apartment is $800 at The Pines at SoBro.

What is the lowest price for a Cheap Two Bedroom Keystone-Monon Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Keystone-Monon is starting from $940 at The Pines at SoBro.

What is the most affordable Keystone-Monon Three Bedroom Apartment?

The best deal on a cheap Keystone-Monon Three Bedroom Apartment rental is at The Pines at SoBro and starts from $1,031.

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.

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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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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.