
Cheap Homes for Rent in Oaklandon Neighborhood of Indianapolis, IN from $1,100 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Oaklandon area of Indianapolis.


3901 Chateau Dr

4916 Barlow Dr

8254 Meadowlark Dr

8061 Harrison Dr

4407 N Mitchner Ave

8210 Penway St

7227 E 38th St

8313 E 35th Pl

3644 Celtic Dr

9048 E 36th St

8328 E 41st Pl
Oaklandon, Indianapolis, IN Local Guide

How much does it cost to rent a home in Oaklandon?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Oaklandon 2 Bedroom Homes for Rent | $1,530 | $1,300 | $1,940 |
Oaklandon 3 Bedroom Homes for Rent | $1,700 | $1,150 | $2,350 |
Oaklandon 4 Bedroom Homes for Rent | $1,924 | $1,395 | $2,385 |
Oaklandon 5 Bedroom Homes for Rent | $2,295 | $2,295 | $2,295 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 3 mile radius of the Oaklandon Neighborhood of Indianapolis, IN.
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Oaklandon, Indianapolis, IN Local Guide
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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 $400. 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 | $400 |
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 28, 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 $2,220. The second greatest value Oaklandon apartment is the 5355 Pelham Way Model at 5355 Pelham Way starting at $2,320 with a $0.90 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 | $0.90 |
12523 Doe Ln | 12523 Doe Ln | 4BR,2.5BA | $0.96 |
4234 Hovenweep Dr | 4234 Hovenweep Dr | 3BR,2.5BA | $0.88 |
5627 Wynridge Ct | 5627 Wynridge Ct | 3BR,2.5BA | $1.03 |
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 | $1.18 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Oaklandon
What type of rentals are currently available in Oaklandon?
There are currently 80 Apartments for Rent in Oaklandon, IN with pricing that ranges from $383 to $3,183. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oaklandon ranging from $1,150 to $2,385.
What is the current price range for Rental Homes in Oaklandon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oaklandon ranges from $1,150 to $2,385 with an average monthly rent of $1,862.
How much are larger Three and Four Bedroom Rentals in Oaklandon?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Oaklandon range from $1,165 to $3,183, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,350. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $1,415.
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.