
Cheap Homes for Rent in Oakhill Neighborhood of Indianapolis, IN from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Oakhill area of Indianapolis.


1702 E 25th St

2026 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

2936 N College Ave

520 E 32nd St

2731 N Temple Ave

3003 Ruckle St

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!

2954 Ruckle St
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 | $1,454 | $975 | $2,500 |
Oakhill 3 Bedroom Homes for Rent | $1,838 | $1,120 | $2,800 |
Oakhill 4 Bedroom Homes for Rent | $2,460 | $1,800 | $4,000 |
Oakhill 5 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 11 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 Hopeside I priced from $745. The Sheldrake Apartments has the second lowest priced unit, which is a 1 Bed 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 |
The Sheldrake Apartments | 1 Bedroom With Den | 1BR,1BA | $875 |
Circle City Apartments | Winterhouse Studio 402 | Studio,1BA | $985 |
Morton School Senior Apartments | Studio 60% | Studio,1BA | $1,009 |
CityView on Meridian | 1 Bedroom/1Bathroom 645 | 1BR,1BA | $1,009 |
Best Value Apartments for Rent in Oakhill, IN
As of March 23, 2025 the best value apartment in the Oakhill area is the $0.82 price per square foot 2332 Alabama St Model at 2332 Alabama St in the in the Near North Indianapolis neighborhood starting from $1,650. The second greatest value Oakhill apartment is the Two Bedroom - Body and Soul Model at Wesmont starting at $1,699 with a $1.73 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. |
---|---|---|---|
2332 Alabama St | 2332 Alabama St | 3BR,3BA | $0.82 |
Wesmont | Two Bedroom - Body and Soul | 2BR,2BA | $1.73 |
Hopeside I | 2.2-50% | 2BR,2BA | $0.81 |
Buckingham & Balmoral | Buckingham 2BR, 2 BA - 855 Sq. Ft. | 2BR,2BA | $1.77 |
Nine+Eighteen | The St. Joe | 1BR,1BA | $1.80 |
The Sheldrake Apartments | 1 Bedroom With Den | 1BR,1BA | $1.17 |
CityView on Meridian | 1 Bedroom/1Bathroom 615 | 1BR,1BA | $1.71 |
The Marott Apartments | Hoover | 1BR,1BA | $2.19 |
Wyndham Apartments | The Winchester | 1BR,1BA | $2.31 |
Morton School Senior Apartments | Studio 60% | Studio ,1BA | $1.98 |
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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 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakhill ranging from $949 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 $949 to $4,000 with an average monthly rent of $1,991.
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 $1,200 to $4,040, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,120 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $2,400.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.