
Cheap Apartments for Rent in the Kingpark Neighborhood of Indianapolis, IN from $400 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in the Kingpark area of Indianapolis.


Indy Flats

The Washington

2043 N Talbott St

St. Agnes Apartments

The Whitaker

Traymore Apartments

Utomin Apartments

Priscilla on Pennsylvania
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.

Circle City Apartments

Maryden on Central

The Parkview

2917 Boulevard Pl

College Manor

1 W 28th St

Canal Square

Wesmont

Roberts School Flats
Kingpark - 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!

Illinois Street Senior Apartments

Morton School Senior Apartments
Kingpark, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Kingpark?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Kingpark Studio Apartments | $1,167 | $585 | $3,644 |
Kingpark 1 Bedroom Apartments | $1,555 | $740 | $3,668 |
Kingpark 2 Bedroom Apartments | $2,341 | $900 | $8,637 |
Kingpark 3 Bedroom Apartments | $2,995 | $1,000 | $6,168 |
Browse Apartments in this Neighborhood
There are currently 43 rentals with your search options within a 1 mile radius of the Kingpark Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Cheapest Available Kingpark Apartments for Rent
 The cheapest available apartment rental in the Kingpark area of Indianapolis, IN is a Studio unit found at Illinois Street Senior Apartments priced from $462. St. Agnes Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here are the most affordable Kingpark apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Illinois Street Senior Apartments | Studio 3 30% | Studio,1BA | $462 |
St. Agnes Apartments | *Studio- Loft | Studio,1BA | $740 |
1733 N. Meridian | 1BR | 1BR,1BA | $780 |
Priscilla on Pennsylvania | Studio | Studio,1BA | $875 |
The Sheldrake Apartments | 2 Bedroom | 2BR,1BA | $900 |
Circle City Apartments | Winterhouse Studio 389 | Studio,1BA | $910 |
Utomin Apartments | 2 Bedroon | 2BR,1BA | $975 |
The Parkview | Studios | 1BR,1BA | $1,000 |
Morton School Senior Apartments | Studio 60% | Studio,1BA | $1,009 |
Spink | Spink Studio 510 | Studio,1BA | $1,030 |
Best Value Apartments for Rent in Kingpark, IN
As of April 18, 2025 the best value apartment in the Kingpark area is the $1.24 price per square foot 3 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $2,199. The second greatest value Kingpark apartment is the Singapore Model at Cosmopolitan on the Canal starting at $2,173 with a $1.92 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for Kingpark apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Block | 3 Bedroom 2 Bath | 3BR,2BA | $1.24 |
Cosmopolitan on the Canal | Singapore | 2BR,2BA | $1.92 |
1956 Cornell Ave | 1956 Cornell Ave | 2BR,1.5BA | $1.67 |
Raleigh | Raleigh 1BTH 886 | 1BR,2BA | $1.42 |
1733 N. Meridian | 1BR | 1BR,1BA | $1.04 |
1010 Central | Garage 60% | 1BR,1BA | $1.58 |
College Manor | 1 BR | 1BR,1BA | $1.57 |
Utomin Apartments | 2 Bedroon | 2BR,1BA | $1.50 |
Van Dyke | Van Dyke 1B 632 | 1BR,1BA | $1.80 |
Illinois Street Senior Apartments | Studio 1 40% | Studio ,1BA | $1.59 |
Frequently Asked Questions about Cheap Kingpark Apartments
What is a cheap apartment in Kingpark?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Kingpark is under $1,030.
What is the price of a cheap apartment in Kingpark?
The cheapest apartment in Kingpark is 1733 N. Meridian which is listed at $780, while the average apartment in Kingpark costs $2,786.
What types of apartments are the cheapest in Kingpark?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 15 regular apartments in Kingpark that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Kingpark?
Cheap apartments in Kingpark have an average cost of $142 which is $2,644 cheaper than the average rent for all rentals in Kingpark.
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.

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.

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.