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Cheap Apartments for Rent in the Lawrence Neighborhood of Indianapolis, IN from $500 (30 Rentals)
Cheap Apartments in the Lawrence area of Indianapolis.
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from $749Studio to 2 Bedroom Apartments Available Now
Autumn Trails Apartments
7975 Red Mill DrIndianapolis, IN 46226
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Rent Specials
from $7691 to 3 Bedroom Apartments Available Now
Serenity Park Apartments
9060 E 39th PlIndianapolis, IN 46235
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from $805Studio to 2 Bedroom Apartments Available Now
Vineyards Apartments
10101 E Montery RdIndianapolis, IN 46235
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from $8251 to 2 Bedroom Apartments Available Now
Brookhaven Apartments
3900 N Shadeland AveIndianapolis, IN 46226
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Rent Specials
from $836Studio to 2 Bedroom Apartments Available Now
M Club Apartments
7007 Courthouse DrIndianapolis, IN 46226
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from $8461 to 3 Bedroom Apartments Available Now
Carriage House East
10174 Tinton CtIndianapolis, IN 46235
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from $890Studio to 2 Bedroom Apartments Available May 4
Willowood East
3749 Willowood DrIndianapolis, IN 46235
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Rent Specials
from $896Studio to 2 Bedroom Apartments Available Now
Lake Castleton
7601 Carlton Arms DrIndianapolis, IN 46256
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from $9251 to 2 Bedroom Apartments Available Now
Apartments @ Marten Court
7852 Marten Ct SIndianapolis, IN 46226
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Rent Specials
from $9251 to 2 Bedroom Apartments Available Now
Fountainview Apartments
4800 N Post RdIndianapolis, IN 46226
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from $9301 to 4 Bedroom Apartments Available Now
Timber Point Apartments
6201 Newberry RdIndianapolis, IN 46256
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Rent Specials
from $9721 to 2 Bedroom Apartments Available Now
Avery Point Apartments
8525 Laurel Valley DrIndianapolis, IN 46250
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from $1,0191 to 3 Bedroom Apartments Available Now
The Residences on 56th Street
6800 Brendon Way W DrIndianapolis, IN 46226
4306 Meadowlark Ct
IndianapolisIN46226
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from $1,0641 to 2 Bedroom Apartments Available Now
Benjamin Court
5810 Lee RdIndianapolis, IN 46216
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from $1,0651 to 2 Bedroom Apartments Available Now
Waterside at Castleton
8380 Whipporwill DrIndianapolis, IN 46256
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from $1,0691 to 2 Bedroom Apartments Available Now
TGM Shadeland Station
7135 Thatcher DrIndianapolis, IN 46256
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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.
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3 Bedroom Apartments
Canterbury House Apartments - Franklin Road
7955 Kingsmead DrIndianapolis, IN 46226
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1 Bedroom Apartments
Discover the Best of Lawrence Living at Bellagio Living
8953 Brigadier DrIndianapolis, IN 46226
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1 Bedroom Apartments
Bellagio Living ? - 9025 El Dorado Drive
9025 El Dorado PlIndianapolis, IN 46236
Lawrence - 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!
Showing Results 1-30, Page 1 of 1
Lawrence, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Lawrence?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lawrence Studio Apartments | $904 | $725 | $1,324 |
| Lawrence 1 Bedroom Apartments | $1,290 | $769 | $2,304 |
| Lawrence 2 Bedroom Apartments | $1,482 | $899 | $2,778 |
| Lawrence 3 Bedroom Apartments | $1,769 | $1,050 | $3,674 |
| Lawrence 4 Bedroom Apartments | $1,885 | $1,425 | $2,199 |
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the Lawrence Neighborhood of Indianapolis, IN.
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Lawrence, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
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Cheapest Available Lawrence Apartments for Rent
The cheapest available apartment rental in the Lawrence area of Indianapolis, IN is a Studio unit found at Franklin Studios priced from $725. Autumn Trails Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Lawrence apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Franklin Studios | Studio | Studio,1BA | $725 |
| Autumn Trails Apartments | The Maple | Studio,1BA | $749 |
| Serenity Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $769 |
| Vineyards Apartments | 1 Bedroom Apartment | 1BR,1BA | $805 |
| Brookhaven Apartments | 1 Bed 1 Bath | 1BR,1BA | $825 |
| The Life at Harrison Trails | 1 BED 1 BATH A (LOFT) | 1BR,1BA | $842 |
| Lake Castleton | Congressional | 1BR,1BA | $896 |
| Fountainview Apartments | 1BR/1BA | 1BR,1BA | $925 |
| Apartments @ Marten Court | 1x1 | 1BR,1BA | $925 |
| Timber Point Apartments | The Ashland | 1BR,1BA | $930 |
Best Value Apartments for Rent in Lawrence, IN
As of May 02, 2025 the best value apartment in the Lawrence area is the $1.10 price per square foot 2 Bed 2 Bath Apartment w/Den - Renovated Model at Lenox Apartments in the in the Far Eastside neighborhood starting from $1,184. The second greatest value Lawrence apartment is the 1 Bed 1 Bath Model at Brookhaven Apartments starting at $825 with a $0.86 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Lawrence apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lenox Apartments | 2 Bed 2 Bath Apartment w/Den - Renovated | 2BR,2BA | $1.10 |
| Brookhaven Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.86 |
| Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.23 |
| Reserve at Franklin Glen | 2BR2B- Reserve at Franklin Glen | 2BR,2BA | $1.31 |
| Fountainview Apartments | 2BR/1BA | 2BR,1BA | $1.42 |
| Timber Point Apartments | The Ashland | 1BR,1BA | $1.13 |
| Avery Point Apartments | Jade | 1BR,1BA | $1.49 |
| The Life at Harrison Trails | 1 BED 1 BATH A (LOFT) | 1BR,1BA | $1.50 |
| Vineyards Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.27 |
| Serenity Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.29 |
Quick Rent Budget Calculator
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleLawrence, Indianapolis, IN
Ranked #39
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Lawrence, Indianapolis, IN
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Lawrence, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, transit availability, pet-friendly communities, family-friendliness, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Lawrence Neighborhood in Indianapolis, IN
Walk Score®
49 / 100
Car-Dependent
Most errands require a car
Bike Score®
55 / 100
Bikeable
Some bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lawrence Apartments
What is a cheap apartment in Lawrence?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lawrence is under $930.
What is the price of a cheap apartment in Lawrence?
The cheapest apartment in Lawrence is Serenity Park Apartments which is listed at $769, while the average apartment in Lawrence costs $1,920.
What types of apartments are the cheapest in Lawrence?
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 6 regular apartments in Lawrence 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 Lawrence?
Cheap apartments in Lawrence have an average cost of $197 which is $1,723 cheaper than the average rent for all rentals in Lawrence.
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.
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.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
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.