Cheap Homes for Rent in Oakhill Neighborhood of Indianapolis, IN from $900 (11 Rentals)

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

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

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

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 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 ListingModel NameBed/BathPriced From
Hopeside I2.2-50%2BR,2BA$745
The Sheldrake Apartments1 Bedroom With Den1BR,1BA$875
Circle City ApartmentsWinterhouse Studio 402Studio,1BA$985
Morton School Senior ApartmentsStudio 60%Studio,1BA$1,009
CityView on Meridian1 Bedroom/1Bathroom 6451BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
2332 Alabama St2332 Alabama St3BR,3BA$0.82
WesmontTwo Bedroom - Body and Soul2BR,2BA$1.73
Hopeside I2.2-50%2BR,2BA$0.81
Buckingham & BalmoralBuckingham 2BR, 2 BA - 855 Sq. Ft.2BR,2BA$1.77
Nine+EighteenThe St. Joe1BR,1BA$1.80
The Sheldrake Apartments1 Bedroom With Den1BR,1BA$1.17
CityView on Meridian1 Bedroom/1Bathroom 6151BR,1BA$1.71
The Marott ApartmentsHoover1BR,1BA$2.19
Wyndham ApartmentsThe Winchester1BR,1BA$2.31
Morton School Senior ApartmentsStudio 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.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for What to Know About Fees and Fines When Renting article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.