Cheap Apartments for Rent in the Marian Cold Springs Neighborhood of Indianapolis, IN from $500 (6 Rentals)

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

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.

Marian Cold Springs - 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!

Marian Cold Springs, Indianapolis, IN Local Guide

Cheapest Available Marian Cold Springs Apartments for Rent

 

The cheapest available apartment rental in the Marian Cold Springs area of Indianapolis, IN is a 1 Bed unit found at Kennedy Apartments priced from $559. Fields Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $661. Here are the most affordable Marian Cold Springs apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Kennedy Apartments1 Bed 1 Bath1BR,1BA$559
Fields Apartments1 Bedroom 1 Bath Apartment1BR,1BA$661
Cedars ApartmentsStudioStudio,1BA$723

Best Value Apartments for Rent in Marian Cold Springs, IN

As of April 23, 2025 the best value apartment in the Marian Cold Springs area is the $0.93 price per square foot 3 Bedroom 2 Bath Apartment Model at Fields Apartments in the in the Cheswick Place neighborhood starting from $1,186. The second greatest value Marian Cold Springs apartment is the 3 Bed 2 Bath Model at Union at 16th starting at $1,485 with a $1.34 price per square foot in the Cheswick Place neighborhood. Here is today’s list of the best values for Marian Cold Springs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fields Apartments3 Bedroom 2 Bath Apartment3BR,2BA$0.93
Union at 16th3 Bed 2 Bath3BR,2BA$1.34
Mansion Row - Where Historic Charm Meets Modern7178B1 Traditional 2x2 (1100 sqft)2BR,2BA$1.24
Riverside Apartments2 Bedroom 1.5 Bath Townhouse2BR,1.5BA$1.11
Kennedy Apartments2 Bed 1 Bath2BR,1BA$2.20
Eagle’s EdgeOak2BR,1BA$1.51
The Life at White PinesPINE1BR,1BA$1.76
Cedars ApartmentsStudioStudio ,1BA$1.73

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Pet Friendly Lifestyle
Marian Cold Springs, Indianapolis, IN

Ranked #204

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Marian Cold Springs Neighborhood in Indianapolis, IN

Walk Score®

34 / 100

Car-Dependent

Most errands require a car

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

32 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Marian Cold Springs Apartments

What is the price of a cheap apartment in Marian Cold Springs?

The cheapest apartment in Marian Cold Springs is Kennedy Apartments which is listed at $559, while the average apartment in Marian Cold Springs costs $1,725.

What types of apartments are the cheapest in Marian Cold Springs?

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 14 regular apartments in Marian Cold Springs 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 Marian Cold Springs?

Cheap apartments in Marian Cold Springs have an average cost of $668 which is $1,057 cheaper than the average rent for all rentals in Marian Cold Springs.

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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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.

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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.