Cheap Apartments for Rent in the Oakhill Neighborhood of Indianapolis, IN from $300 (12 Rentals)

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

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New Bridge Apartments
Studio to 4 Bedroom Apartments

New Bridge Apartments

2372 Beckwith DrIndianapolis, IN 46218
  • Utilities Included

Oakhill

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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Charmwood Terrace
1 to 2 Bedroom Apartments

Charmwood Terrace

3419 N Pennsylvania StIndianapolis, IN 46205
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VILLAGE AT FALL CREEK
Studio to 1 Bedroom Apartments

VILLAGE AT FALL CREEK

3520-3534 Fall Creek Parkway North DrIndianapolis, IN 46205
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727 Fairfield Ave
1 Bedroom Apartments

727 Fairfield Ave

727 Fairfield AveIndianapolis, IN 46205
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The Regal Apartments
1 to 2 Bedroom Apartments

The Regal Apartments

3603 N Washington BlvdIndianapolis, IN 46205
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Hopeside I
2 Bedroom Apartments

Hopeside I

2005 E 25th StIndianapolis, IN 46218
Senior Living
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Broadway Heights
2 Bedroom Apartments

Broadway Heights

1927 Broadway StIndianapolis, IN 46202

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

Oakhill, Indianapolis, IN Local Guide

Cheapest Available Oakhill Apartments for Rent

 

The cheapest available apartment rental in the Oakhill area of Indianapolis, IN is a 2 Beds unit found at The Sheldrake Apartments priced from $900. Circle City Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $910. Here are the most affordable Oakhill apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Sheldrake Apartments2 Bedroom2BR,1BA$900
Circle City ApartmentsWinterhouse Studio 389Studio,1BA$910
CityView on Meridian1 Bedroom/1Bathroom 6151BR,1BA$999
Morton School Senior ApartmentsStudio 60%Studio,1BA$1,009
WesmontOne Bedroom - Four on Six (Workforce - 60% AMI)1BR,1BA$1,149

Best Value Apartments for Rent in Oakhill, IN

As of April 13, 2025 the best value apartment in the Oakhill area is the $1.75 price per square foot Buckingham 2 BR 2.5 BA Apartment- 1080 Sq. Ft Model at Buckingham & Balmoral in the in the Martindale neighborhood starting from $1,885. The second greatest value Oakhill apartment is the 1956 Cornell Ave Model at 1956 Cornell Ave starting at $1,750 with a $1.67 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Oakhill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Buckingham & BalmoralBuckingham 2 BR 2.5 BA Apartment- 1080 Sq. Ft2BR,2.5BA$1.75
1956 Cornell Ave1956 Cornell Ave2BR,1.5BA$1.67
The Sheldrake Apartments2 Bedroom2BR,1BA$1.08
Nine+EighteenThe St. Joe1BR,1BA$1.80
CityView on Meridian1 Bedroom/1Bathroom 6451BR,1BA$1.87
The Marott ApartmentsHoover1BR,1BA$2.19
WesmontStudio - Bumping on SunsetStudio ,1BA$2.17
Wyndham ApartmentsThe Winchester1BR,1BA$2.31
Morton School Senior ApartmentsStudio 60%Studio ,1BA$1.98
Circle City ApartmentsWinterhouse Studio 402Studio ,1BA$2.45

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Pet Friendly Lifestyle
Oakhill, Indianapolis, IN

Ranked #71

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 Oakhill Neighborhood in Indianapolis, IN

Walk Score®

37 / 100

Car-Dependent

Most errands require a car

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

36 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Oakhill Apartments

What is the Cheapest Studio apartment in Oakhill?

Currently the most affordable Cheap Studio Apartment in Oakhill is at Circle City Apartments listed at $910.

How much is rent for a Cheap One Bedroom Oakhill Apartment?

The lowest price for a Cheap One Bedroom Oakhill Apartment is $999 at CityView on Meridian.

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

Today's best deal for a Cheap Two Bedroom Apartment in Oakhill is starting from $900 at The Sheldrake Apartments.

What is the most affordable Oakhill Three Bedroom Apartment?

The best deal on a cheap Oakhill Three Bedroom Apartment rental is at CityView on Meridian and starts from $1,599.

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.

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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.