Cheap Apartments for Rent in the New Augusta Neighborhood of Indianapolis, IN from $400 (13 Rentals)

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

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Hampshire Court
1 to 2 Bedroom Apartments

Hampshire Court

2455 Rolls DrIndianapolis, IN 46268
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The Meridian North
1 to 3 Bedroom Apartments

The Meridian North

2100 Westlane RdIndianapolis, IN 46260
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Covered Bridge
1 to 3 Bedroom Apartments

Covered Bridge

4909 Covered Bridge RdIndianapolis, IN 46268

New Augusta - 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!

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Lake Camelot Apartments
1 to 3 Bedroom Apartments

Lake Camelot Apartments

6475 Excalibur CtIndianapolis, IN 46268
  • Utilities Included

New Augusta, Indianapolis, IN Local Guide

Cheapest Available New Augusta Apartments for Rent

 

The cheapest available apartment rental in the New Augusta area of Indianapolis, IN is a Studio unit found at Annhurst priced from $764. Westbury Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $771. Here are the most affordable New Augusta apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
AnnhurstStudioStudio,1BA$764
Westbury CourtStandard One Bedroom (SN4M)1BR,1BA$771
Lake Camelot Apartments1 Bedroom Garden1BR,1BA$857
Covered BridgeTwo Bedroom One Bath2BR,1BA$860
The Meridian North and SouthA3S South1BR,1BA$899

Best Value Apartments for Rent in New Augusta, IN

As of April 22, 2025 the best value apartment in the New Augusta area is the $1.46 price per square foot Keystone Model at Willow Lake Apartments in the in the Spring Arbor neighborhood starting from $1,600. The second greatest value New Augusta apartment is the The Sage Model at Crooked Creek starting at $1,375 with a $1.38 price per square foot in the Spring Arbor neighborhood. Here is today’s list of the best values for New Augusta apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Willow Lake ApartmentsKeystone1BR,1BA$1.46
Crooked CreekThe Sage2BR,1.5BA$1.38
Lakeshore Reserve Off 86th Apartments and TownhomesTwo Bedroom 2 Bath2BR,2BA$1.45
The Elliott at College Park Apartment HomesTwo Bedroom 1.5 Bath2BR,1.5BA$1.39
Lakes of GeorgetownD7401BR,1BA$1.43
Covered BridgeOne Bedroom One Bath1BR,1BA$1.30
Lake Camelot Apartments1 Bedroom Garden1BR,1BA$1.25
Oakbrook VillageThe Walnut 1B 1BA1BR,1BA$1.47
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$1.52
Westbury CourtStandard One Bedroom (SN4M)1BR,1BA$1.33

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Pet Friendly Lifestyle
New Augusta, Indianapolis, IN

Ranked #85

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Northwestern Indianapolis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, transit availability, pet-friendly communities, places that make kids happy, and more. These search options are in the site filters at the top of this page.

Getting Around the New Augusta Neighborhood in Indianapolis, IN

Walk Score®

43 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

25 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap New Augusta Apartments

What is the Cheapest Studio apartment in New Augusta?

Currently the most affordable Cheap Studio Apartment in New Augusta is at Annhurst listed at $764.

How much is rent for a Cheap One Bedroom New Augusta Apartment?

The lowest price for a Cheap One Bedroom New Augusta Apartment is $771 at Westbury Court.

What is the lowest price for a Cheap Two Bedroom New Augusta Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in New Augusta is starting from $860 at Covered Bridge.

What is the most affordable New Augusta Three Bedroom Apartment?

The best deal on a cheap New Augusta Three Bedroom Apartment rental is at Covered Bridge and starts from $1,307.

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.