Cheap Homes for Rent in Raymond Park Neighborhood of Indianapolis, IN from $1,500 (3 Rentals)

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Search the lowest-cost Homes available for rent right now in the Raymond Park area of Indianapolis.

Raymond Park

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Raymond Park, Indianapolis, IN Local Guide

Best Value Apartments for Rent in Raymond Park, IN

As of March 28, 2025 the best value apartment in the Raymond Park area is the $1.01 price per square foot 8045 Bach Dr Model at 8045 Bach Dr in the in the Southeast Indianapolis neighborhood starting from $1,805. The second greatest value Raymond Park apartment is the 8112 Wildwood Farms Dr Model at 8112 Wildwood Farms Dr starting at $1,870 with a $1.15 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 ListingModel NameBed/BathPrice Per Sq.Ft.
8045 Bach Dr8045 Bach Dr3BR,2.5BA$1.01
8112 Wildwood Farms Dr8112 Wildwood Farms Dr4BR,2.5BA$1.15
School 85Beautiful Renovated Historic Apartment - 2 bedr...2BR,2BA$1.24
8123 Grove Berry Dr8123 Grove Berry Dr3BR,2BA$1.37
The 85TwentyA1-LR1BR,1BA$1.57
Serenity Manor 55+ Independent Senior Living2 Bedroom/2 Bath2BR,2BA$1.49
Indy7925A1- 1x11BR,1BA$1.49
Historic Irvington FlatsBeautiful Renovated Historic Apartment 1 bedroo...1BR,1BA$1.60

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Frequently Asked Questions about Raymond Park

What type of rentals are currently available in Raymond Park?

There are currently 14 Apartments for Rent in Raymond Park, IN with pricing that ranges from $790 to $1,775. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Raymond Park ranging from $1,550 to $2,269.

What is the current price range for Rental Homes in Raymond Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Raymond Park ranges from $1,550 to $2,269 with an average monthly rent of $2,077.

How much are larger Three and Four Bedroom Rentals in Raymond Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Raymond Park range from $1,505 to $1,775, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $2,055. Four Bedroom Single-Family rentals are also available starting from $2,080 and Four Bedroom Apartments start at $1,688.

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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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.

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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.

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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.