
Cheap Apartments for Rent in the Old Mill Park Neighborhood of Indianapolis, IN from $700 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Mill Park area of Indianapolis.


3244-3246 W Mooresville Rd

Alpine Studios

3150 S Lyons Ave, Unit B

Horizons Apartments

Home Place Senior Living

Camby Crossing
Old Mill Park, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Old Mill Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Old Mill Park Studio Apartments | $954 | $860 | $1,035 |
Old Mill Park 1 Bedroom Apartments | $1,279 | $778 | $2,669 |
Old Mill Park 2 Bedroom Apartments | $1,486 | $850 | $3,071 |
Old Mill Park 3 Bedroom Apartments | $1,651 | $1,345 | $3,023 |
Old Mill Park 4 Bedroom Apartments | $1,819 | $1,505 | $1,921 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 3 mile radius of the Old Mill Park Neighborhood of Indianapolis, IN.
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Old Mill Park, Indianapolis, IN Local Guide
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Cheapest Available Old Mill Park Apartments for Rent
 The cheapest available apartment rental in the Old Mill Park area of Indianapolis, IN is a 1 Bed unit found at Abbey Apartments - Affordable Senior Housing priced from $778. The Oasis has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Old Mill Park apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $778 |
The Oasis | The Quartz | 1BR,1BA | $899 |
Home Place Senior Living | 1 BD 1 BTH | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Old Mill Park, IN
As of March 13, 2025 the best value apartment in the Old Mill Park area is the $0.99 price per square foot 7674 Pipestone Dr Model at 7674 Pipestone Dr in the in the Meridian Woods Park neighborhood starting from $2,389. The second greatest value Old Mill Park apartment is the 8347 Bolero Way Model at 8347 Bolero Way starting at $1,955 with a $0.93 price per square foot in the Decatur Commons neighborhood. Here is today’s list of the best values for Old Mill Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
7674 Pipestone Dr | 7674 Pipestone Dr | 3BR,3BA | $0.99 |
8347 Bolero Way | 8347 Bolero Way | 4BR,2.5BA | $0.93 |
2540 Abalone Dr | 2540 Abalone Dr | 3BR,2BA | $1.29 |
Southern Dunes | Oasis | 2BR,2BA | $1.33 |
2609 Abalone Dr | 2609 Abalone Dr | 3BR,1BA | $1.49 |
Stone Ridge Flats and Townhomes | Indigo | 2BR,2BA | $1.44 |
Camby Crossing | 2x2 | 2BR,2BA | $1.39 |
Horizons Apartments | 2 Bedroom Townhome | 2BR,1BA | $1.47 |
Murphy's Landing | The Wake | 1BR,1BA | $1.48 |
Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $1.45 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleOld Mill Park, Indianapolis, IN
Ranked #137
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Old Mill Park, Indianapolis, IN
School data provided by Great Schools
Best Local Schools in Old Mill Park, Indianapolis, IN
School data provided by Great Schools
Getting Around the Old Mill Park Neighborhood in Indianapolis, IN
Walk Score®
2 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
25 / 100
Somewhat Bikeable
Minimal 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 Old Mill Park Apartments
What is the Cheapest Studio apartment in Old Mill Park?
Currently the most affordable Cheap Studio Apartment in Old Mill Park is at Alpine Studios listed at $1,025.
How much is rent for a Cheap One Bedroom Old Mill Park Apartment?
The lowest price for a Cheap One Bedroom Old Mill Park Apartment is $778 at Abbey Apartments - Affordable Senior Housing.
What is the lowest price for a Cheap Two Bedroom Old Mill Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Old Mill Park is starting from $1,105 at Horizons Apartments.
What is the most affordable Old Mill Park Three Bedroom Apartment?
The best deal on a cheap Old Mill Park Three Bedroom Apartment rental is at Camby Crossing and starts from $1,349.
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.