Cheap Apartments for Rent in the Martindale Brightwood Neighborhood of Indianapolis, IN from $300 (25 Rentals)

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

Check Out Indianapolis’s Best Affordable Neighborhoods

Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

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New Bridge Apartments
Studio to 4 Bedroom Apartments

New Bridge Apartments

2372 Beckwith DrIndianapolis, IN 46218
  • Utilities Included
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Emerson Place
1 to 3 Bedroom Apartments

Emerson Place

2110 Emerson Knoll PlIndianapolis, IN 46218
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16 Park Apartments
1 to 4 Bedroom Apartments

16 Park Apartments

1621 N Park AveIndianapolis, IN 46202
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727 Fairfield Ave
1 Bedroom Apartments

727 Fairfield Ave

727 Fairfield AveIndianapolis, IN 46205
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Hopeside I
2 Bedroom Apartments

Hopeside I

2005 E 25th StIndianapolis, IN 46218
Senior Living

Martindale Brightwood

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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Chelsea Manor
1 to 2 Bedroom Apartments

Chelsea Manor

1451 Central AveIndianapolis, IN 46202
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Broadway Heights
2 Bedroom Apartments

Broadway Heights

1927 Broadway StIndianapolis, IN 46202
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Whittier Place
1 Bedroom Apartments

Whittier Place

1119 Sterling StIndianapolis, IN 46201
  • Utilities Included

Martindale Brightwood, Indianapolis, IN Local Guide

Cheapest Available Martindale Brightwood Apartments for Rent

 

The cheapest available apartment rental in the Martindale Brightwood area of Indianapolis, IN is a 1 Bed unit found at 1748 N Bancroft St priced from $500. Hopeside I has the second lowest priced unit, which is a 2 Beds apartment currently listed from $745. Here are the most affordable Martindale Brightwood apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
1748 N Bancroft St1748 N Bancroft St1BR,1BA$500
Hopeside I2.2-50%2BR,2BA$745
Morton School Senior ApartmentsStudio 60%Studio,1BA$1,009
College Manor1 BR1BR,1BA$1,050
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 Bedroom Townhome2BR,1BA$1,062

Best Value Apartments for Rent in Martindale Brightwood, IN

As of March 29, 2025 the best value apartment in the Martindale Brightwood 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 Martindale Brightwood apartment is the B3- 2 Bedroom Model at Ardmore Apartments starting at $2,695 with a $2.16 price per square foot in the Riley neighborhood. Here is today’s list of the best values for Martindale Brightwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Block3 Bedroom 2 Bath3BR,2BA$1.24
Ardmore ApartmentsB3- 2 Bedroom2BR,2.5BA$2.16
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 Bedroom Townhome2BR,1BA$0.92
Hopeside I2.2-50%2BR,2BA$0.81
WesmontOne Bedroom - Polka Dots and Moonbeams1BR,1BA$1.69
The GroundsThe Chic1BR,1BA$2.35
College Manor1 BR1BR,1BA$1.57
The AssemblySprocket1BR,1BA$2.24
Gathyr ApartmentsBellStudio ,1BA$2.32
Morton School Senior ApartmentsStudio 60%Studio ,1BA$1.98

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Martindale Brightwood, Indianapolis, IN

Ranked #138

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Martindale Brightwood Neighborhood in Indianapolis, IN

Walk Score®

43 / 100

Car-Dependent

Most errands require a car

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

37 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Martindale Brightwood Apartments

What is a cheap apartment in Martindale Brightwood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Martindale Brightwood is under $1,250.

What is the price of a cheap apartment in Martindale Brightwood?

The cheapest apartment in Martindale Brightwood is 1748 N Bancroft St which is listed at $500, while the average apartment in Martindale Brightwood costs $2,578.

What types of apartments are the cheapest in Martindale Brightwood?

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 7 regular apartments in Martindale Brightwood 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 Martindale Brightwood?

Cheap apartments in Martindale Brightwood have an average cost of $143 which is $2,435 cheaper than the average rent for all rentals in Martindale Brightwood.

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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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.

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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.