Cheap Homes for Rent in Reagan Park Neighborhood of Indianapolis, IN from $700 (16 Rentals)

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Cheap Homes in the Reagan Park 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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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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Reagan Park - 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!

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Check Out Indianapolis’s Best Affordable Neighborhoods

Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

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Reagan Park, Indianapolis, IN Local Guide

Cheapest Available Reagan Park Apartments for Rent

 

The cheapest available apartment rental in the Reagan Park area of Indianapolis, IN is a 1 Bed unit found at 1733 N. Meridian priced from $780. Priscilla on Pennsylvania has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Reagan Park apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
1733 N. Meridian1BR1BR,1BA$780
Priscilla on PennsylvaniaStudioStudio,1BA$875
Circle City ApartmentsWinterhouse Studio 389Studio,1BA$910
Van DykeVan Dyke Studio 463Studio,1BA$970
The ParkviewStudios1BR,1BA$1,000

Best Value Apartments for Rent in Reagan Park, IN

As of May 03, 2025 the best value apartment in the Reagan Park area is the $1.24 price per square foot 3 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $2,199. The second greatest value Reagan Park apartment is the Raleigh 1BTH 886 Model at Raleigh starting at $1,255 with a $1.42 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for Reagan Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Block3 Bedroom 2 Bath3BR,2BA$1.24
RaleighRaleigh 1BTH 8861BR,2BA$1.42
The Parkview1 Bedrooms1BR,1BA$1.46
1733 N. Meridian1BR1BR,1BA$1.04
1010 CentralDepot 60%1BR,1BA$1.59
Illinois Street Senior Apartments1BR 1A 60%1BR,1BA$1.68
College Manor1 BR1BR,1BA$1.57
The Washington2 Bedroom2BR,1BA$1.65
312 E 13th St1 Bedroom1BR,1BA$1.96
Morton School Senior ApartmentsStudio 60%Studio ,1BA$1.98

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Frequently Asked Questions about Reagan Park

What type of rentals are currently available in Reagan Park?

There are currently 171 Apartments for Rent in Reagan Park, IN with pricing that ranges from $585 to $9,508. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Reagan Park ranging from $750 to $4,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Reagan Park ranges from $750 to $4,500 with an average monthly rent of $2,888.

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.