Cheap Apartments for Rent in the Saddlebrook Neighborhood of Indianapolis, IN from $400 (16 Rentals)

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

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Whispering Pines
1 to 3 Bedroom Apartments

Whispering Pines

4444 Mission DrIndianapolis, IN 46254
  • Utilities Included
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Covered Bridge Apartments
1 to 3 Bedroom Apartments

Covered Bridge Apartments

4909 Covered Bridge RdIndianapolis, IN 46268
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Brickyard Flats
Studio 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
Cedars ApartmentsStudioStudio,1BA$727
Rosewood CommonsStudioStudio,1BA$729
Garden Pointe ApartmentsLily Studio UPStudio,1BA$735

Best Value Apartments for Rent in Saddlebrook, IN

As of March 27, 2025 the best value apartment in the Saddlebrook area is the $1.02 price per square foot 5009 Melbourne Rd Model at 5009 Melbourne Rd in the in the Cheswick Place neighborhood starting from $2,155. The second greatest value Saddlebrook apartment is the 5829 Liberty Creek Dr E Model at 5829 Liberty Creek Dr E starting at $1,965 with a $0.95 price per square foot in the Cheswick Place 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.
5009 Melbourne Rd5009 Melbourne Rd3BR,2.5BA$1.02
5829 Liberty Creek Dr E5829 Liberty Creek Dr E4BR,1.5BA$0.95
4309 Village Trace Dr4309 Village Trace Dr3BR,2BA$0.99
314 Bernard Ave314 Bernard Ave3BR,1BA$0.85
3149 Kelsey Cir3149 Kelsey Cir4BR,2.5BA$1.12
4256 Village Bend Ln4256 Village Bend Ln3BR,3BA$1.10
Edison at Meridian Hills2 Bedroom 2 Bath2BR,2BA$1.07
Fields Apartments3 Bedroom 2 Bath Apartment3BR,2BA$1.01
Riverside Apartments2 Bedroom 1.5 Bath Townhouse2BR,1.5BA$1.00
The Stratford1 Bedroom 1 Bathroom1BR,1BA$1.11

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Saddlebrook, Indianapolis, IN

Ranked #70

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 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 $838.

What is the price of a cheap apartment in Saddlebrook?

The cheapest apartment in Saddlebrook is The Stratford which is listed at $799, while the average apartment in Saddlebrook costs $1,750.

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 133 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 $1,750 which is $0 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.

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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.