Cheap Homes for Rent in Martindale Neighborhood of Indianapolis, IN from $500 (54 Rentals)

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

property at 840 N Rural St

840 N Rural St

IndianapolisIN46201
property at 1106 N Gale St

1106 N Gale St

IndianapolisIN46201
property at 4725 E 16th St

4725 E 16th St

IndianapolisIN46201
property at 312 E 13th St

312 E 13th St

IndianapolisIN46202
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Martindale, Indianapolis, IN Local Guide

Cheapest Available Martindale Apartments for Rent

 

The cheapest available apartment rental in the Martindale area of Indianapolis, IN is a Studio unit found at Illinois Street Senior Apartments priced from $462. East Village at Avondale Meadows Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $635. Here are the most affordable Martindale apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Illinois Street Senior ApartmentsStudio 3 30%Studio,1BA$462
East Village at Avondale Meadows ApartmentsA11BR,1BA$635
Oxmoor Indy1BR/1.0BA1BR,1BA$699
St. Agnes Apartments*Studio- LoftStudio,1BA$740
Hopeside I2.2-50%2BR,2BA$745
1733 N. Meridian1BR1BR,1BA$780
Courts Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$807
Meridian TowersOne Bedroom Two Bath1BR,2BA$829
The Seminole1br1BR,1BA$833
Maple CourtMaple Court - Open House Thursdays 12:30-1:302BR,1BA$859

Best Value Apartments for Rent in Martindale, IN

As of March 22, 2025 the best value apartment in the Martindale area is the $0.82 price per square foot 2332 Alabama St Model at 2332 Alabama St in the in the Near North Indianapolis neighborhood starting from $1,650. The second greatest value Martindale apartment is the Glen Ridge 2 Bedroom Townhome Model at Glen Ridge Manor Townhomes and Flats starting at $1,051 with a $0.91 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Martindale apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2332 Alabama St2332 Alabama St3BR,3BA$0.82
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 Bedroom Townhome2BR,1BA$0.91
3920 E 30th St3920 E 30th St3BR,1BA$0.96
707 NorthThe Lockerbie 60%2BR,2BA$1.31
Hopeside I2.2-50%2BR,2BA$0.81
1733 N. Meridian1BR1BR,1BA$1.04
Maple Court2025 Kitchen Remodel2BR,1BA$1.17
The Sheldrake Apartments1 Bedroom With Den1BR,1BA$1.17
The Seminole1br1BR,1BA$1.13
Oxmoor Indy1BR/1.0BA1BR,1BA$1.00

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Frequently Asked Questions about Martindale

What type of rentals are currently available in Martindale?

There are currently 414 Apartments for Rent in Martindale, IN with pricing that ranges from $585 to $4,320. There are also 164 Single Family Homes for rent, Condos, and Townhome rentals currently available in Martindale ranging from $595 to $5,500.

What is the current price range for Rental Homes in Martindale?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Martindale ranges from $595 to $5,500 with an average monthly rent of $1,868.

How much are larger Three and Four Bedroom Rentals in Martindale?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Martindale range from $899 to $4,040, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,399 and Four Bedroom Apartments start at $2,400.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.