
Cheap Homes for Rent in Lexington Farms Neighborhood of Indianapolis, IN from $1,800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Lexington Farms area of Indianapolis.


9567 Broadway St

11195 Arborwood Trail

403 Autumn Dr

10570 Barmore Ave
Lexington Farms
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
Lexington Farms, Indianapolis, IN Local Guide

How much does it cost to rent a home in Lexington Farms?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lexington Farms 2 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Lexington Farms 3 Bedroom Homes for Rent | $2,305 | $1,895 | $2,700 |
Lexington Farms 4 Bedroom Homes for Rent | $2,525 | $2,200 | $2,850 |
Lexington Farms 5 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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
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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 $750. College Courts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $954. 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 | $750 |
College Courts | 1 Bed/1 Bath Up (A) | 1BR,1BA | $954 |
Northwood on the Trail | The Redbud I 60% | 1BR,1BA | $1,037 |
Best Value Apartments for Rent in Lexington Farms, IN
As of April 11, 2025 the best value apartment in the Lexington Farms area is the $1.49 price per square foot Zenith Model at Sunrise on the Monon in the in the Nora neighborhood starting from $2,427. The second greatest value Lexington Farms apartment is the Sydney Model at Overture at Proscenium Apartments starting at $2,402 with a $1.85 price per square foot in the Beacon Point 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. |
---|---|---|---|
Sunrise on the Monon | Zenith | 3BR,2BA | $1.49 |
Overture at Proscenium Apartments | Sydney | 2BR,2BA | $1.85 |
Governor Square | 2 bedroom 2 bathroom Renovated | 2BR,2BA | $1.33 |
Woodland Springs Apartment Homes | Two Bedroom | 2BR,2BA | $1.16 |
Mezz 42 | Accapella (7175A2 1x1 - 890 sqft) | 1BR,1BA | $1.72 |
Penn Circle | A5 | 1BR,1BA | $1.81 |
Gramercy | Verde (1.10 A) | 1BR,1BA | $1.73 |
Northwood on the Trail | The Redbud I 60% | 1BR,1BA | $1.42 |
Ashton Brook | One Bedroom Apartment | 1BR,1BA | $1.55 |
The Lodge at Trails Edge | The Timberline II | 1BR,1BA | $1.82 |
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Frequently Asked Questions about Lexington Farms
What type of rentals are currently available in Lexington Farms?
There are currently 38 Apartments for Rent in Lexington Farms, IN with pricing that ranges from $750 to $4,737. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington Farms ranging from $1,895 to $3,800.
What is the current price range for Rental Homes in Lexington Farms?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lexington Farms ranges from $1,895 to $3,800 with an average monthly rent of $2,646.
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.

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.

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.