Cheap Apartments for Rent in the Saddlebrook Neighborhood of Indianapolis, IN from $400 (46 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Saddlebrook area of Indianapolis.

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.

Saddlebrook - 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!

close
View Me
Whispering Pines
1 to 3 Bedroom Apartments

Whispering Pines

4444 Mission DrIndianapolis, IN 46254
  • Utilities Included
close
View Me
The Stratford
Studio to 3 Bedroom Apartments

The Stratford

3201 Watergate RdIndianapolis, IN 46224
close
View Me
Covered Bridge
1 to 3 Bedroom Apartments

Covered Bridge

4909 Covered Bridge RdIndianapolis, IN 46268
close
View Me
The Meridian North
1 to 3 Bedroom Apartments

The Meridian North

2100 Westlane RdIndianapolis, IN 46260
close
View Me
Lake Camelot Apartments
1 to 3 Bedroom Apartments

Lake Camelot Apartments

6475 Excalibur CtIndianapolis, IN 46268
  • Utilities Included
close
View Me
Waterfront Terrace
1 to 3 Bedroom Apartments

Waterfront Terrace

3510 Kebil DrIndianapolis, IN 46224
close
View Me
Brickyard Flats
1 to 3 Bedroom Apartments

Brickyard Flats

6363 Hollister DrSpeedway, IN 46224

Saddlebrook, Indianapolis, IN Local Guide

Cheapest Available Saddlebrook Apartments for Rent

 

The cheapest available apartment rental in the Saddlebrook area of Indianapolis, IN is a Studio unit found at The Stratford priced from $610. Cambridge Commons has the second lowest priced unit, which is a Studio apartment currently listed from $709. Here are the most affordable Saddlebrook apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The StratfordStudioStudio,1BA$610
Cambridge CommonsStudioStudio,1BA$709
Fields Apartments1 Bedroom 1 Bath Apartment1BR,1BA$722
Rosewood CommonsStudioStudio,1BA$725
AnnhurstStudioStudio,1BA$764
Garden Pointe ApartmentsLily Studio UPStudio,1BA$775
Riverside Apartments2 Bedroom 1 Bath Apartment2BR,1BA$805
Meadows ApartmentsStudio ApartmentStudio,1BA$820
Eagledale Senior Apartments0B 50%Studio,1BA$831
The Meridian North and SouthA1S North1BR,1BA$839

Best Value Apartments for Rent in Saddlebrook, IN

As of April 17, 2025 the best value apartment in the Saddlebrook area is the $1.15 price per square foot AUB3RENO Model at Aura Apartments in the in the Cheswick Place neighborhood starting from $1,399. The second greatest value Saddlebrook apartment is the Iris Model at Everly at Meridian Hills starting at $1,379 with a $1.15 price per square foot in the Faith Knoll neighborhood. Here is today’s list of the best values for Saddlebrook apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Aura ApartmentsAUB3RENO2BR,2BA$1.15
Everly at Meridian HillsIris2BR,1BA$1.15
Brickyard FlatsC12BR,2BA$1.16
Mansion Row - Where Historic Charm Meets Modern7178B1 Traditional 2x2 (1100 sqft)2BR,2BA$1.24
Covered BridgeThree Bedroom Two Bath3BR,2BA$1.19
Riverside Apartments2 Bedroom 1 Bath Apartment2BR,1BA$0.87
The Maywood at SpeedwayThe Adams1BR,1BA$1.20
Fields Apartments1 Bedroom 1 Bath Apartment1BR,1BA$0.94
The Stratford1 Bedroom 1 Bathroom1BR,1BA$1.11
Lake Camelot Apartments1 Bedroom Garden1BR,1BA$1.22

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Saddlebrook, Indianapolis, IN

Ranked #36

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States including Saddlebrook, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Saddlebrook Apartments

What is a cheap apartment in Saddlebrook?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Saddlebrook is under $839.

What is the price of a cheap apartment in Saddlebrook?

The cheapest apartment in Saddlebrook is Fields Apartments which is listed at $686, while the average apartment in Saddlebrook costs $2,075.

What types of apartments are the cheapest in Saddlebrook?

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 16 regular apartments in Saddlebrook that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Saddlebrook?

Cheap apartments in Saddlebrook have an average cost of $194 which is $1,881 cheaper than the average rent for all rentals in Saddlebrook.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.