Cheap Apartments for Rent in the Lawrence Neighborhood of Indianapolis, IN from $300 (30 Rentals)

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

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Jamestowne Apartments
2 Bedroom Apartments

Jamestowne Apartments

8917 Duxbury RdIndianapolis, IN 46226
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Peppermill Farms
1 to 2 Bedroom Apartments

Peppermill Farms

6830 Mill View DrIndianapolis, IN 46226
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Cavalier Court
1 to 3 Bedroom Apartments

Cavalier Court

9108 E 38th PlIndianapolis, IN 46235
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Maison Gardens
1 to 3 Bedroom Apartments

Maison Gardens

8808 Rue Madeleine RueIndianapolis, IN 46226
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Maplewood
3 Bedroom Apartments

Maplewood

12451 Pendleton PikeIndianapolis, IN 46236
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Lawrence Glen
1 to 2 Bedroom Apartments

Lawrence Glen

8633 E 46th StIndianapolis, IN 46226
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The Haciendas
1 to 3 Bedroom Apartments

The Haciendas

3816 Trilbey DrIndianapolis, IN 46235
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Cedar Ridge Apartments
1 to 2 Bedroom Apartments

Cedar Ridge Apartments

3820 Cedar Ridge RdIndianapolis, IN 46235
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Showing Results 1-30, Page 1 of 1

Lawrence, Indianapolis, IN Local Guide

Cheapest Available Lawrence Apartments for Rent

 

The cheapest available apartment rental in the Lawrence area of Indianapolis, IN is a 1 Bed unit found at 8027 N Richardt Ave priced from $385. Franklin Studios has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Lawrence apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
8027 N Richardt Ave8027 N Richardt Ave1BR,1BA$385
Franklin StudiosStudioStudio,1BA$725
Autumn Trails ApartmentsThe MapleStudio,1BA$749
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$769
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$825
Apartments @ Marten Court1x11BR,1BA$829
Vineyards Apartments1 Bedroom Apartment1BR,1BA$887
Fountainview Apartments1BR/1BA1BR,1BA$925
Lake CastletonJacksonStudio,1BA$947
Timber Point ApartmentsThe Ayers1BR,1BA$970

Best Value Apartments for Rent in Lawrence, IN

As of March 24, 2025 the best value apartment in the Lawrence area is the $0.87 price per square foot 5349 Hammock Glen Dr Model at 5349 Hammock Glen Dr in the in the Far Eastside neighborhood starting from $1,800. The second greatest value Lawrence apartment is the 3BR2B -Reserve at Franklin Glen Model at Reserve at Franklin Glen starting at $1,391 with a $1.17 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 ListingModel NameBed/BathPrice Per Sq.Ft.
5349 Hammock Glen Dr5349 Hammock Glen Dr3BR,3BA$0.87
Reserve at Franklin Glen3BR2B -Reserve at Franklin Glen3BR,2BA$1.17
Lenox Apartments2 Bed 2 Bath Apartment w/Den - Renovated2BR,2BA$1.27
The Residences on 56th StreetKensington2BR,1.5BA$1.38
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$0.86
7306 North Dr7306 North Dr3BR,1BA$1.31
Apartments @ Marten Court2x1 with washer/dryer2BR,1BA$1.13
Vineyards Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1.39
Timber Point ApartmentsThe Ayers1BR,1BA$1.34
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$1.29

Quick Rent Budget Calculator

How much rent can you afford?

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 Lifestyle
Lawrence, Indianapolis, IN

Ranked #75

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Lawrence, Indianapolis, IN

School data provided by Great Schools

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 $970.

What is the price of a cheap apartment in Lawrence?

The cheapest apartment in Lawrence is 8027 N Richardt Ave which is listed at $385, while the average apartment in Lawrence costs $1,893.

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 78 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 $181 which is $1,712 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.

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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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.