
Cheap Homes for Rent in Oakhill Neighborhood of Indianapolis, IN from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Oakhill area of Indianapolis.


1702 E 25th St

3274 Ralston Ave

3408 Winthrop Ave
Oakhill
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

146 E 19th St

2029 N College Ave

3256 Winthrop Ave

3252 Winthrop Ave
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

2325 Guilford 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 | $1,278 | $975 | $2,150 |
Oakhill 3 Bedroom Homes for Rent | $1,895 | $1,100 | $3,000 |
Oakhill 4 Bedroom Homes for Rent | $2,346 | $1,450 | $3,500 |
Oakhill 5 Bedroom Homes for Rent | $3,350 | $2,700 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 1 mile radius of the Oakhill Neighborhood of Indianapolis, IN.
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Oakhill, Indianapolis, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Sheldrake Apartments | 2 Bedroom | 2BR,1BA | $900 |
Circle City Apartments | Winterhouse Studio 389 | Studio,1BA | $910 |
CityView on Meridian | 1 Bedroom/1Bathroom 615 | 1BR,1BA | $999 |
Best Value Apartments for Rent in Oakhill, IN
As of April 15, 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 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 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 |
1956 Cornell Ave | 1956 Cornell Ave | 2BR,1.5BA | $1.67 |
The Sheldrake Apartments | 2 Bedroom | 2BR,1BA | $1.08 |
Nine+Eighteen | The St. Joe | 1BR,1BA | $1.80 |
CityView on Meridian | 1 Bedroom/1Bathroom 645 | 1BR,1BA | $1.87 |
The Marott Apartments | Hoover | 1BR,1BA | $2.19 |
Wesmont | Studio - Bumping on Sunset | Studio ,1BA | $2.17 |
The Grounds | The Taffeta | 1BR,1BA | $2.47 |
Wyndham Apartments | The Winchester | 1BR,1BA | $2.31 |
Morton School Senior Apartments | Studio 60% | Studio ,1BA | $1.98 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Oakhill
What type of rentals are currently available in Oakhill?
There are currently 91 Apartments for Rent in Oakhill, IN with pricing that ranges from $585 to $4,040. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakhill ranging from $929 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 $929 to $4,000 with an average monthly rent of $1,972.
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 $1,599 to $4,040, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,450 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.

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.

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.

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.