Cheap Apartments for Rent in the Ravenswood Neighborhood of Indianapolis, IN from $700 (23 Rentals)

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Cheap Apartments in the Ravenswood area of Indianapolis.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Monon Walk Apartments
Studio to 1 Bedroom Apartments

Monon Walk Apartments

6115 Winthrop AveIndianapolis, IN 46220
  • Utilities Included
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Northview
1 Bedroom Apartments

Northview

8607 Cholla RdIndianapolis, IN 46240

Ravenswood - 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!

property at 6128 Winthrop Ave

6128 Winthrop Ave

IndianapolisIN46220
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VITRA Apartments
1 to 2 Bedroom Apartments

VITRA Apartments

8785 Keystone XingIndianapolis, IN 46240

Ravenswood, Indianapolis, IN Local Guide

Cheapest Available Ravenswood Apartments for Rent

 

The cheapest available apartment rental in the Ravenswood area of Indianapolis, IN is a 1 Bed unit found at Lincolnshire Broad Ripple priced from $875. Williamsburg North has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Ravenswood apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Lincolnshire Broad Ripple1 Bedroom Garden Level1BR,1BA$875
Williamsburg NorthAshland1BR,1BA$900
Wellington Square Apartments1BR/1BA1BR,1BA$926
Jade North ApartmentsPlan G1BR,1BA$950
A/62LePetit1BR,1BA$975

Best Value Apartments for Rent in Ravenswood, IN

As of May 03, 2025 the best value apartment in the Ravenswood area is the $1.32 price per square foot Two Bedroom with Bonus Room (7176B2) Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,899. The second greatest value Ravenswood apartment is the 2 Bed, 2.5 Bath, 2 car Garage Townhome Model at Townes at Winthrop starting at $2,200 with a $1.19 price per square foot in the Warfleigh neighborhood. Here is today’s list of the best values for Ravenswood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pinnacle on MeridianTwo Bedroom with Bonus Room (7176B2)2BR,2BA$1.32
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.19
Solana ApartmentsAmber2BR,2BA$1.33
Park 66 FlatsKnickerbocker2BR,2BA$1.70
Somerset LakesLeisure: One Bedroom Apartment With Den1BR,1BA$1.27
Williamsburg NorthAshland1BR,1BA$1.14
Jade North ApartmentsPlan G1BR,1BA$1.29
Chateau in the Woods1 Bd/1 Ba Sm ABY1BR,1BA$1.47
Wellington Square Apartments1BR/1BA1BR,1BA$1.35
A/62LePetit Luxe1BR,1BA$1.70

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Pet Friendly Lifestyle
Ravenswood, Indianapolis, IN

Ranked #47

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Ravenswood, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Ravenswood Neighborhood in Indianapolis, IN

Walk Score®

63 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

Transit Score®

23 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Ravenswood Apartments

What is the Cheapest Studio apartment in Ravenswood?

Currently the most affordable Cheap Studio Apartment in Ravenswood is at AYR Apartments listed at $1,289.

How much is rent for a Cheap One Bedroom Ravenswood Apartment?

The lowest price for a Cheap One Bedroom Ravenswood Apartment is $875 at Lincolnshire Broad Ripple.

What is the lowest price for a Cheap Two Bedroom Ravenswood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Ravenswood is starting from $1,000 at Williamsburg North.

What is the most affordable Ravenswood Three Bedroom Apartment?

The best deal on a cheap Ravenswood Three Bedroom Apartment rental is at Williamsburg North and starts from $1,350.

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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.