
Cheap Homes for Rent in Oakhill Neighborhood of Indianapolis, IN from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Oakhill area of Indianapolis.


2060 N Delaware St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1702 E 25th St

146 E 19th St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

2325 Guilford Ave

2029 N College Ave
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.

3252 Winthrop Ave

3256 Winthrop Ave
Oakhill - 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!

2237 Yandes St

607 E 32nd St
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

3017 Broadway St

2943 Winthrop Ave
Oakhill, Indianapolis, IN Local Guide

How much does it cost to rent a home in Oakhill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Oakhill 2 Bedroom Homes for Rent | $1,167 | $899 | $1,400 |
Oakhill 3 Bedroom Homes for Rent | $2,018 | $1,025 | $3,400 |
Oakhill 4 Bedroom Homes for Rent | $2,699 | $2,000 | $3,300 |
Oakhill 5 Bedroom Homes for Rent | $3,350 | $2,700 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the Oakhill Neighborhood of Indianapolis, IN.
Explore Indianapolis
Oakhill, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Hopeside I priced from $745. Priscilla on Pennsylvania has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Oakhill apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hopeside I | 2.2-50% | 2BR,2BA | $745 |
Priscilla on Pennsylvania | Studio | Studio,1BA | $875 |
The Sheldrake Apartments | 1 Bedroom With Den | 1BR,1BA | $875 |
Circle City Apartments | Winterhouse Studio 389 | Studio,1BA | $910 |
CityView on Meridian | 1 Bedroom1Bathroom 840 | 1BR,1BA | $1,055 |
Best Value Apartments for Rent in Oakhill, IN
As of May 14, 2025 the best value apartment in the Oakhill area is the $1.66 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 $1,795. The second greatest value Oakhill apartment is the 2.2-50% Model at Hopeside I starting at $745 with a $0.81 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Buckingham & Balmoral | Buckingham 2 BR 2.5 BA Apartment- 1080 Sq. Ft | 2BR,2.5BA | $1.66 |
Hopeside I | 2.2-50% | 2BR,2BA | $0.81 |
Kennedy Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.65 |
Nine+Eighteen | The St. Joe | 1BR,1BA | $1.80 |
The Sheldrake Apartments | 1 Bedroom With Den | 1BR,1BA | $1.17 |
Roberts School Flats | G | 1BR,1BA | $1.90 |
CityView on Meridian | 1 Bedroom/1Bathroom 615 | 1BR,1BA | $1.79 |
The Marott Apartments | Hoover | 1BR,1BA | $2.19 |
Wesmont | Studio - Bumping on Sunset | Studio ,1BA | $2.17 |
Morton School Senior Apartments | Studio 60% | Studio ,1BA | $2.14 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about Oakhill
What type of rentals are currently available in Oakhill?
There are currently 93 Apartments for Rent in Oakhill, IN with pricing that ranges from $585 to $4,040. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakhill ranging from $899 to $4,000.
What is the current price range for Rental Homes in Oakhill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakhill ranges from $899 to $4,000 with an average monthly rent of $2,107.
How much are larger Three and Four Bedroom Rentals in Oakhill?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Oakhill range from $1,350 to $4,040, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,025 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,435.
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.