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from $1,1251 to 3 Bedroom Apartments Available Now
The 85Twenty
8520 Sierra Ridge DrIndianapolis, IN 46239
Cheap Apartments for Rent in the Raymond Park Neighborhood of Indianapolis, IN from $700 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Raymond Park area of Indianapolis.
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from $1,1131 to 4 Bedroom Apartments Available Now
The Life at Belhaven Place
625 Belhaven PlIndianapolis, IN 46229
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from $1,1591 to 2 Bedroom Apartments Available Now
School 85
338 S Arlington AveIndianapolis, IN 46219
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from $1,0391 to 2 Bedroom Apartments Available Now
Historic Irvington Flats
222 S Downey AveIndianapolis, IN 46219
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Rent Specials
from $790Studio to 2 Bedroom Apartments Available Now
Serenity Manor 55+ Independent Senior Living
1123 N Edmondson AveIndianapolis, IN 46219
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from $8451 to 2 Bedroom Apartments Contact Us For Availability
Churchman Woods
5350 Churchman AveIndianapolis, IN 46203
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from $8911 to 4 Bedroom Apartments Contact Us For Availability
Park View at Beech Grove
3641 Dandelion AveIndianapolis, IN 46203
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Raymond Park
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
Showing Results 1-10, Page 1 of 1
Raymond Park, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Raymond Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Raymond Park Studio Apartments | $890 | $790 | $990 |
| Raymond Park 1 Bedroom Apartments | $1,035 | $845 | $1,265 |
| Raymond Park 2 Bedroom Apartments | $1,246 | $945 | $1,610 |
| Raymond Park 3 Bedroom Apartments | $1,582 | $1,505 | $1,775 |
| Raymond Park 4 Bedroom Apartments | $1,688 | $1,688 | $1,688 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Raymond Park Neighborhood of Indianapolis, IN.
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Raymond Park, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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Cheapest Available Raymond Park Apartments for Rent
The cheapest available apartment rental in the Raymond Park area of Indianapolis, IN is a 1 Bed unit found at Serenity Manor 55+ Independent Senior Living priced from $965. Historic Irvington Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,039. Here are the most affordable Raymond Park apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Serenity Manor 55+ Independent Senior Living | 1 Bedroom/1 Bathroom | 1BR,1BA | $965 |
| Historic Irvington Flats | Beautiful Renovated Historic Apartment 1 bedroo... | 1BR,1BA | $1,039 |
| Indy7925 | A1- 1x1 | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Raymond Park, IN
As of March 30, 2025 the best value apartment in the Raymond Park area is the $1.24 price per square foot Beautiful Renovated Historic Apartment - 2 bedr... Model at School 85 in the in the Southeast Indianapolis neighborhood starting from $1,610. The second greatest value Raymond Park apartment is the 8123 Grove Berry Dr Model at 8123 Grove Berry Dr starting at $1,720 with a $1.37 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Raymond Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| School 85 | Beautiful Renovated Historic Apartment - 2 bedr... | 2BR,2BA | $1.24 |
| 8123 Grove Berry Dr | 8123 Grove Berry Dr | 3BR,2BA | $1.37 |
| The Life at Belhaven Place | 2 Bed 2 Bath | 2BR,2BA | $1.21 |
| The 85Twenty | A1-LR | 1BR,1BA | $1.57 |
| Serenity Manor 55+ Independent Senior Living | 2 Bedroom/2 Bath | 2BR,2BA | $1.49 |
| Indy7925 | A1- 1x1 | 1BR,1BA | $1.49 |
| Historic Irvington Flats | Beautiful Renovated Historic Apartment 1 bedroo... | 1BR,1BA | $1.60 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleRaymond Park, Indianapolis, IN
Ranked #196
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Raymond Park Neighborhood in Indianapolis, IN
Walk Score®
34 / 100
Car-Dependent
Most errands require a car
Bike Score®
34 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
11 / 100
Minimal Transit
It may be possible to get on a bus
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 Raymond Park Apartments
What is the price of a cheap apartment in Raymond Park?
The cheapest apartment in Raymond Park is Serenity Manor 55+ Independent Senior Living which is listed at $965, while the average apartment in Raymond Park costs $1,688.
What types of apartments are the cheapest in Raymond Park?
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 2 regular apartments in Raymond Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.