Cheap Homes for Rent in Morningside Broadmoor Neighborhood of Indianapolis, IN from $1,300 (4 Rentals)

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Search the lowest-cost Homes available for rent right now in the Morningside Broadmoor 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.

property at 5408 Alameda Rd

5408 Alameda Rd

IndianapolisIN46228

Morningside Broadmoor - 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!

Morningside Broadmoor, Indianapolis, IN Local Guide

Best Value Apartments for Rent in Morningside Broadmoor, IN

As of April 17, 2025 the best value apartment in the Morningside Broadmoor area is the $1.29 price per square foot Boulder Townhome Lux W/D Model at Highland Pointe in the in the Cheswick Place neighborhood starting from $1,350. The second greatest value Morningside Broadmoor apartment is the The Elm Model at Woodbrook Apartments starting at $1,385 with a $1.46 price per square foot in the Cheswick Place neighborhood. Here is today’s list of the best values for Morningside Broadmoor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Highland PointeBoulder Townhome Lux W/D2BR,1.5BA$1.29
Woodbrook ApartmentsThe Elm2BR,1.5BA$1.46
Eagle’s EdgeOak2BR,1BA$1.51
Fields Apartments1 Bedroom 1 Bath Apartment1BR,1BA$0.94
Aspen ChaseOne Bedroom One Bath1BR,1BA$1.36
The Life at White PinesPINE1BR,1BA$1.29
Cedars Apartments1 Bedroom 1 Bath Apartment with dining1BR,1BA$1.52
Garden Pointe ApartmentsLily Studio UP Remodel W/DStudio ,1BA$1.63
The Life at Northwest Gardens1 BED | 1 BATH1BR,1BA$1.69

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Frequently Asked Questions about Morningside Broadmoor

What type of rentals are currently available in Morningside Broadmoor?

There are currently 12 Apartments for Rent in Morningside Broadmoor, IN with pricing that ranges from $686 to $4,230. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Morningside Broadmoor ranging from $1,300 to $2,365.

What is the current price range for Rental Homes in Morningside Broadmoor?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Morningside Broadmoor ranges from $1,300 to $2,365 with an average monthly rent of $1,792.

How much are larger Three and Four Bedroom Rentals in Morningside Broadmoor?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Morningside Broadmoor range from $1,186 to $2,409, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,820 to $1,820. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $1,750.

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.