
Cheap Homes for Rent in Keystone-Monon Neighborhood of Indianapolis, IN from $1,200 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Keystone-Monon area of Indianapolis.


2101 E 38th St

3936 Guilford Ave
Keystone-Monon
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
Keystone-Monon, Indianapolis, IN Local Guide

How much does it cost to rent a home in Keystone-Monon?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Keystone-Monon 2 Bedroom Homes for Rent | $1,556 | $1,200 | $1,850 |
Keystone-Monon 3 Bedroom Homes for Rent | $1,686 | $1,375 | $1,995 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 1 mile radius of the Keystone-Monon Neighborhood of Indianapolis, IN.
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Keystone-Monon, Indianapolis, IN Local Guide
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Best Value Apartments for Rent in Keystone-Monon, IN
As of April 06, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Fallwood | 2 Bed/2Ba Den W/D Up | 2BR,2BA | $1.14 |
Buckingham & Balmoral | Buckingham 2 BR 2.5 BA Apartment- 1080 Sq. Ft | 2BR,2.5BA | $1.75 |
Harbour Pointe | The Hideaway | 1BR,1BA | $1.40 |
Willow Brook | Two Bedroom One Bath | 2BR,1BA | $1.37 |
Historic Marcy Village | The Carson | 1BR,1BA | $1.83 |
The Pines at SoBro | One Bedrooms | 1BR,1BA | $1.10 |
Chateau in the Woods | 1 Bd/1 Ba Sm ABY | 1BR,1BA | $1.47 |
Monon 46 | The Laurel | 1BR,1BA | $2.09 |
A/62 | LePetit | 1BR,1BA | $1.51 |
Broad Ripple Trails | STUD-S | Studio ,1BA | $2.10 |
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Frequently Asked Questions about Keystone-Monon
What type of rentals are currently available in Keystone-Monon?
There are currently 36 Apartments for Rent in Keystone-Monon, IN with pricing that ranges from $784 to $2,908. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Keystone-Monon ranging from $1,200 to $1,995.
What is the current price range for Rental Homes in Keystone-Monon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Keystone-Monon ranges from $1,200 to $1,995 with an average monthly rent of $1,497.
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.