4 E Washington St
IndianapolisIN46204
Cheap Homes for Rent in Lockerbie Square Neighborhood of Indianapolis, IN from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Lockerbie Square area of Indianapolis.
1413 E Washington St
IndianapolisIN46201
37 West St Clair Street
IndianapolisIN46204
1329 E Market St
IndianapolisIN46202
303 N State Ave
IndianapolisIN46201
312 E 13th St
IndianapolisIN46202
1408 Broadway St
IndianapolisIN46202
234 E 9th St
IndianapolisIN46204
1335 Central Ave
IndianapolisIN46202
335 W 9th St
IndianapolisIN46202
Lockerbie Square
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
335 W 9th St
IndianapolisIN46202
335 W 9th St
IndianapolisIN46202
501 Madison Ave
IndianapolisIN46225
243 E 11th St
IndianapolisIN46202
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Lockerbie Square, Indianapolis, IN Local Guide
How much does it cost to rent a home in Lockerbie Square?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lockerbie Square 2 Bedroom Homes for Rent | $2,457 | $1,500 | $4,700 |
| Lockerbie Square 3 Bedroom Homes for Rent | $2,737 | $1,195 | $6,200 |
| Lockerbie Square 4 Bedroom Homes for Rent | $3,125 | $2,600 | $3,650 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 1 mile radius of the Lockerbie Square Neighborhood of Indianapolis, IN.
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Lockerbie Square, Indianapolis, IN Local Guide
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Cheapest Available Lockerbie Square Apartments for Rent
The cheapest available apartment rental in the Lockerbie Square area of Indianapolis, IN is a Studio unit found at Illinois Street Senior Apartments priced from $462. St. Agnes Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here are the most affordable Lockerbie Square apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Illinois Street Senior Apartments | Studio 3 30% | Studio,1BA | $462 |
| St. Agnes Apartments | *Studio- Loft | Studio,1BA | $740 |
| The Seminole | 1br | 1BR,1BA | $833 |
| Devonshire Apartments in Downtown Indianapolis | 1BR/1.0BA | 1BR,1BA | $840 |
| Priscilla on Pennsylvania | Studio | Studio,1BA | $875 |
Best Value Apartments for Rent in Lockerbie Square, IN
As of April 15, 2025 the best value apartment in the Lockerbie Square area is the $1.24 price per square foot 3 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $2,199. The second greatest value Lockerbie Square apartment is the Senate: Floors 10-12 Model at Penn Street Tower Apartments starting at $1,399 with a $1.37 price per square foot in the Riley neighborhood. Here is today’s list of the best values for Lockerbie Square apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Block | 3 Bedroom 2 Bath | 3BR,2BA | $1.24 |
| Penn Street Tower Apartments | Senate: Floors 10-12 | 2BR,1BA | $1.37 |
| 707 North | The Lockerbie 60% | 2BR,2BA | $1.31 |
| Indy Colonial Apartments | Two Bedroom | 2BR,1BA | $1.30 |
| Line Lofts | The Inspiration 60% | 2BR,1BA | $1.42 |
| Lockerbie Flats | 1 Bedroom | 1BR,2BA | $1.48 |
| Raleigh | Raleigh 1BTH 886 | 1BR,2BA | $1.42 |
| The Seminole | 1br | 1BR,1BA | $1.13 |
| College Manor | 1 BR | 1BR,1BA | $1.57 |
| Utomin Apartments | 2 Bedroon | 2BR,1BA | $1.50 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Lockerbie Square
What type of rentals are currently available in Lockerbie Square?
There are currently 202 Apartments for Rent in Lockerbie Square, IN with pricing that ranges from $605 to $8,415. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lockerbie Square ranging from $695 to $6,200.
What is the current price range for Rental Homes in Lockerbie Square?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lockerbie Square ranges from $695 to $6,200 with an average monthly rent of $2,109.
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.