Cheap 3 Bedroom Apartments for Rent in the Oaklandon Neighborhood of Indianapolis, IN from $1,180 (3 Rentals)
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.

7725 E 50th St
Oaklandon - 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!

Canterbury House Apartments - Franklin Road
Oaklandon, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Oaklandon?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Oaklandon Studio Apartments | $912 | $725 | $1,602 |
Oaklandon 1 Bedroom Apartments | $1,233 | $769 | $2,407 |
Oaklandon 2 Bedroom Apartments | $1,436 | $750 | $2,759 |
Oaklandon 3 Bedroom Apartments | $1,786 | $1,180 | $3,022 |
Oaklandon 4 Bedroom Apartments | $1,937 | $1,435 | $2,249 |
Explore Indianapolis
Oaklandon, Indianapolis, IN Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
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Getting Around the Oaklandon Neighborhood in Indianapolis, IN
Walk Score®
49 / 100
Car-Dependent
Most errands require a car
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Oaklandon Apartments
What is a cheap apartment in Oaklandon?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Oaklandon is under $925.
What is the price of a cheap apartment in Oaklandon?
The cheapest apartment in Oaklandon is Timber Point Apartments which is listed at $1,180, while the average apartment in Oaklandon costs $1,999.
What types of apartments are the cheapest in Oaklandon?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 13 regular apartments in Oaklandon that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Oaklandon?
Cheap apartments in Oaklandon have an average cost of $155 which is $1,844 cheaper than the average rent for all rentals in Oaklandon.
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 Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.