8116 Wallingwood Dr
IndianapolisIN46256
Cheap Apartments for Rent in the Oaklandon Neighborhood of Indianapolis, IN from $300 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oaklandon area of Indianapolis.
close
View Me
close
View Me
from $749Studio to 2 Bedroom Apartments Available Now
Autumn Trails Apartments
7975 Red Mill DrIndianapolis, IN 46226
close
View Me
from $7501 to 2 Bedroom Apartments Available Now
Apartments @ Marten Court
7852 Marten Ct SIndianapolis, IN 46226
close
View Me
Rent Specials
from $7691 to 3 Bedroom Apartments Available Now
Serenity Park Apartments
9060 E 39th PlIndianapolis, IN 46235
close
View Me
Rent Specials
from $769Studio to 2 Bedroom Apartments Available Now
Harrison Point Apartments
9093 Bourbon StIndianapolis, IN 46235
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-14, Page 1 of 1
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 | $860 | $725 | $1,065 |
| Oaklandon 1 Bedroom Apartments | $1,241 | $383 | $2,643 |
| Oaklandon 2 Bedroom Apartments | $1,461 | $750 | $2,937 |
| Oaklandon 3 Bedroom Apartments | $1,943 | $1,140 | $3,557 |
| Oaklandon 4 Bedroom Apartments | $1,460 | $1,415 | $1,529 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 3 mile radius of the Oaklandon Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Oaklandon, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Oaklandon Apartments for Rent
The cheapest available apartment rental in the Oaklandon area of Indianapolis, IN is a 1 Bed unit found at 8027 N Richardt Ave priced from $385. Franklin Studios has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Oaklandon apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 8027 N Richardt Ave | 8027 N Richardt Ave | 1BR,1BA | $385 |
| Franklin Studios | Studio | Studio,1BA | $725 |
| Autumn Trails Apartments | The Maple | Studio,1BA | $749 |
| Serenity Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $769 |
| Brookhaven Apartments | 1 Bed 1 Bath | 1BR,1BA | $825 |
Best Value Apartments for Rent in Oaklandon, IN
As of March 22, 2025 the best value apartment in the Oaklandon area is the $0.76 price per square foot 11319 Congaree Way Model at 11319 Congaree Way in the in the Southeast Indianapolis neighborhood starting from $2,230. The second greatest value Oaklandon apartment is the 5355 Pelham Way Model at 5355 Pelham Way starting at $2,365 with a $0.92 price per square foot in the Far Eastside neighborhood. Here is today’s list of the best values for Oaklandon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 11319 Congaree Way | 11319 Congaree Way | 4BR,2.5BA | $0.76 |
| 5355 Pelham Way | 5355 Pelham Way | 4BR,2.5BA | $0.92 |
| 5349 Hammock Glen Dr | 5349 Hammock Glen Dr | 3BR,3BA | $0.87 |
| 5627 Wynridge Ct | 5627 Wynridge Ct | 3BR,2.5BA | $1.03 |
| 10321 Hornton St | 10321 Hornton St | 3BR,2.5BA | $1.25 |
| Reserve at Franklin Glen | 3BR2B -Reserve at Franklin Glen | 3BR,2BA | $1.17 |
| Lenox Apartments | 2 Bed 2 Bath Apartment - Renovated | 2BR,2BA | $1.20 |
| Brookhaven Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.86 |
| Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.13 |
| Timber Point Apartments | The Ashland | 1BR,1BA | $1.15 |
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.
Let everyone know!
Do you know the Oaklandon area?
If you’re an expert on all things Oaklandon, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleOaklandon, Indianapolis, IN
Ranked #86
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Oaklandon, Indianapolis, IN
School data provided by Great Schools
Best Local Schools in Oaklandon, Indianapolis, IN
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States, including Indianapolis. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, transit availability, pet-friendly communities, apartment complexes for the kids, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
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 8027 N Richardt Ave which is listed at $385, while the average apartment in Oaklandon costs $1,902.
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 78 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 $181 which is $1,721 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.
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.