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from $800Studio to 2 Bedroom Apartments Available Now
The Hub at Nora
9000 N College AveIndianapolis, IN 46240
Cheap Apartments for Rent in the Lexington Farms Neighborhood of Indianapolis, IN from $700 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lexington Farms area of Indianapolis.
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from $1,0821 to 2 Bedroom Apartments Available Now
The Lodge at Trails Edge
9535 Benchmark DrIndianapolis, IN 46240
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Rent Specials
from $1,262Studio to 2 Bedroom Apartments Available Now
Quarry at River North
8901 River Crossing BlvdIndianapolis, IN 46240
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1 to 2 Bedroom Apartments
Nora Commons on the Monon Senior Apartments
8905 Evergreen AveIndianapolis, IN 46240
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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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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from $1,0931 to 3 Bedroom Apartments Available Jun 17
The Seasons of Carmel
9815 Seasons West DrCarmel, IN 46280
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from $1,2361 to 2 Bedroom Apartments Available Jun 9
Lakes of Carmel
382 Arbor DrCarmel, IN 46032
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from $1,2941 to 3 Bedroom Apartments Available Now
Providence at Old Meridian
300 Providence BlvdCarmel, IN 46032
Lexington Farms - 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!
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Showing Results 1-13, Page 1 of 1
Lexington Farms, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Lexington Farms?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lexington Farms Studio Apartments | $1,302 | $800 | $2,065 |
| Lexington Farms 1 Bedroom Apartments | $1,509 | $895 | $2,318 |
| Lexington Farms 2 Bedroom Apartments | $2,023 | $1,095 | $8,820 |
| Lexington Farms 3 Bedroom Apartments | $2,449 | $1,621 | $3,199 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Lexington Farms Neighborhood of Indianapolis, IN.
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Lexington Farms, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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Cheapest Available Lexington Farms Apartments for Rent
The cheapest available apartment rental in the Lexington Farms area of Indianapolis, IN is a Studio unit found at The Hub at Nora priced from $800. College Courts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,034. Here are the most affordable Lexington Farms apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Hub at Nora | Studio - 441 Sq Ft | Studio,1BA | $800 |
| College Courts | 1 Bed/1 Bath Up (A) | 1BR,1BA | $1,034 |
| Northwood on the Trail | The Redbud I 60% | 1BR,1BA | $1,037 |
| Ashton Brook | One Bedroom Apartment | 1BR,1BA | $1,116 |
| The Lodge at Trails Edge | The Timberline II | 1BR,1BA | $1,293 |
Best Value Apartments for Rent in Lexington Farms, IN
As of May 11, 2025 the best value apartment in the Lexington Farms area is the $1.01 price per square foot Three Bedroom TH Model at Woodland Springs Apartment Homes in the in the Spring Mill neighborhood starting from $1,810. The second greatest value Lexington Farms apartment is the Zenith Model at Sunrise on the Monon starting at $2,427 with a $1.49 price per square foot in the Nora neighborhood. Here is today’s list of the best values for Lexington Farms apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woodland Springs Apartment Homes | Three Bedroom TH | 3BR,2.5BA | $1.01 |
| Sunrise on the Monon | Zenith | 3BR,2BA | $1.49 |
| Overture at Proscenium Apartments | Sydney | 2BR,2BA | $1.85 |
| Governor Square | Durbin - Renovated | 1BR,1BA | $1.50 |
| Mezz 42 | Accapella (7175A2 1x1 - 890 sqft) | 1BR,1BA | $1.72 |
| Penn Circle | A4 | 1BR,1BA | $1.91 |
| Gramercy | Verde (1.10 A) | 1BR,1BA | $1.72 |
| Northwood on the Trail | The Redbud I 60% | 1BR,1BA | $1.42 |
| Ashton Brook | One Bedroom Apartment | 1BR,1BA | $1.59 |
| The Hub at Nora | Studio Suite with Patio/Balcony - 467 Sq Ft | Studio ,1BA | $1.87 |
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Pet Friendly LifestyleLexington Farms, Indianapolis, IN
Ranked #81
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
Our team compiles millions of data points to bring you Lifestyle Ratings of neighborhoods, areas, and rental properties across Indiana, including Indianapolis. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and proximity to parks, kid and pet-friendly communities, availability of transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Lexington Farms Apartments
What is the Cheapest Studio apartment in Lexington Farms?
Currently the most affordable Cheap Studio Apartment in Lexington Farms is at The Hub at Nora listed at $800.
How much is rent for a Cheap One Bedroom Lexington Farms Apartment?
The lowest price for a Cheap One Bedroom Lexington Farms Apartment is $895 at The Hub at Nora.
What is the lowest price for a Cheap Two Bedroom Lexington Farms Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lexington Farms is starting from $1,095 at The Hub at Nora.
What is the most affordable Lexington Farms Three Bedroom Apartment?
The best deal on a cheap Lexington Farms Three Bedroom Apartment rental is at Northwood on the Trail and starts from $1,455.
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.
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.
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.
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.