Cheap Homes for Rent in Kingpark Neighborhood of Indianapolis, IN from $700 (17 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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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!

Cheapest Available Kingpark Apartments for Rent

 

The cheapest available apartment rental in the Kingpark area of Indianapolis, IN is a Studio unit found at Priscilla on Pennsylvania priced from $875. The Sheldrake Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here are the most affordable Kingpark apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Priscilla on PennsylvaniaStudioStudio,1BA$875
The Sheldrake Apartments1 Bedroom With Den1BR,1BA$875
Van DykeVan Dyke Studio 463Studio,1BA$970
Circle City ApartmentsVan Dyke Studio 463Studio,1BA$970
St. JamesOne Bedroom - Sublevel1BR,1BA$980

Best Value Apartments for Rent in Kingpark, IN

As of May 16, 2025 the best value apartment in the Kingpark area is the $1.36 price per square foot 2 Bedroom Model at 1301 N Alabama St in the in the Near North Indianapolis neighborhood starting from $2,250. The second greatest value Kingpark apartment is the 1 Bedroom 1 Bath Model at The Block starting at $1,539 with a $1.06 price per square foot in the Riley neighborhood. Here is today’s list of the best values for Kingpark apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1301 N Alabama St2 Bedroom2BR,1BA$1.36
The Block1 Bedroom 1 Bath1BR,1BA$1.06
RaleighRaleigh 1BTH 8861BR,2BA$1.42
The Parkview1 Bedrooms1BR,1BA$1.46
The Sheldrake Apartments1 Bedroom With Den1BR,1BA$1.17
Illinois Street Senior Apartments1BR 1A 60%1BR,1BA$1.68
1010 CentralGarage 60%1BR,1BA$1.70
College Manor1 BR1BR,1BA$1.57
Roberts School FlatsG1BR,1BA$1.90
St. JamesOne Bedroom - Sublevel1BR,1BA$1.96

Frequently Asked Questions about Kingpark

What type of rentals are currently available in Kingpark?

There are currently 172 Apartments for Rent in Kingpark, IN with pricing that ranges from $585 to $9,463. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kingpark ranging from $750 to $4,500.

What is the current price range for Rental Homes in Kingpark?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Kingpark ranges from $750 to $4,500 with an average monthly rent of $2,671.

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.