4333 Aspen Way
IndianapolisIN46226
Cheap Homes for Rent in Oaklandon Neighborhood of Indianapolis, IN from $1,100 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Oaklandon area of Indianapolis.
3901 Chateau Dr
IndianapolisIN46226
8254 Meadowlark Dr
IndianapolisIN46226
8061 Harrison Dr
LawrenceIN46226
4407 N Mitchner Ave
LawrenceIN46226
8210 Penway St
IndianapolisIN46226
7227 E 38th St
IndianapolisIN46226
8313 E 35th Pl
IndianapolisIN46226
8328 E 41st Pl
IndianapolisIN46226
Oaklandon
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
Showing Results 1-9, Page 1 of 1
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 | $1,325 | $1,300 | $1,350 |
| Oaklandon 3 Bedroom Homes for Rent | $1,714 | $1,150 | $2,395 |
| Oaklandon 4 Bedroom Homes for Rent | $1,975 | $1,395 | $2,330 |
| Oaklandon 5 Bedroom Homes for Rent | $2,245 | $2,245 | $2,245 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 3 mile radius of the Oaklandon Neighborhood of Indianapolis, IN.
Explore Indianapolis
Oaklandon, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Oaklandon, IN
Pricing Updated: 03/21/2025Current apartment rentals in the Oaklandon, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Oaklandon Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|
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 |
Best Value Apartments for Rent in Oaklandon, IN
As of March 21, 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 | $1.05 |
| 10321 Hornton St | 10321 Hornton St | 3BR,2.5BA | $1.24 |
| 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
Frequently Asked Questions about Oaklandon
What type of rentals are currently available in Oaklandon?
There are currently 81 Apartments for Rent in Oaklandon, IN with pricing that ranges from $383 to $3,557. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oaklandon ranging from $1,150 to $2,395.
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 $2,395 with an average monthly rent of $1,814.
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 $1,140 to $3,557, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,395. 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.
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.