908 Sprague St
IndianapolisIN46217
Cheap Apartments for Rent in the Thompson-Edgewood Neighborhood of Indianapolis, IN from $400 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Thompson-Edgewood area of Indianapolis.
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from $765Studio to 2 Bedroom Apartments Available Now
5700 Madison Apartments & Edgewood on Madison
5757 Madison AveIndianapolis, IN 46227
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from $7751 to 2 Bedroom Apartments Available Now
One Somerset Apartments
3761 S State AveIndianapolis, IN 46227
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from $7941 to 3 Bedroom Apartments Available Now
Brookwood Apartments
5301 S Turtle Creek South DrIndianapolis, IN 46227
701 W Hanna Ave
IndianapolisIN46217
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Showing Results 1-12, Page 1 of 1
Thompson-Edgewood, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Thompson-Edgewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Thompson-Edgewood Studio Apartments | $906 | $765 | $1,135 |
| Thompson-Edgewood 1 Bedroom Apartments | $1,045 | $425 | $1,325 |
| Thompson-Edgewood 2 Bedroom Apartments | $1,244 | $1,004 | $2,997 |
| Thompson-Edgewood 3 Bedroom Apartments | $1,451 | $1,298 | $2,634 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Thompson-Edgewood Neighborhood of Indianapolis, IN.
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Thompson-Edgewood, Indianapolis, IN Local Guide
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Cheapest Available Thompson-Edgewood Apartments for Rent
The cheapest available apartment rental in the Thompson-Edgewood area of Indianapolis, IN is a 1 Bed unit found at 701 W Hanna Ave priced from $425. Stone Lake has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Thompson-Edgewood apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 701 W Hanna Ave | 701 W Hanna Ave | 1BR,1BA | $425 |
| Stone Lake | 1X1 | 1BR,1BA | $700 |
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Cypress | Studio,1BA | $765 |
| Brookwood Apartments | Evergreen One | 1BR,1BA | $794 |
| Capital Place | One Bedroom One Bath TH | 1BR,1BA | $810 |
Best Value Apartments for Rent in Thompson-Edgewood, IN
As of March 31, 2025 the best value apartment in the Thompson-Edgewood area is the $1.09 price per square foot Two Bedroom Two Bath Model at Fox Club in the in the Thompson-Edgewood neighborhood starting from $1,090. The second greatest value Thompson-Edgewood apartment is the Sycamore Two Model at Brookwood Apartments starting at $1,298 with a $1.32 price per square foot in the Concord neighborhood. Here is today’s list of the best values for Thompson-Edgewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fox Club | Two Bedroom Two Bath | 2BR,2BA | $1.09 |
| Brookwood Apartments | Sycamore Two | 3BR,1.5BA | $1.32 |
| SOUTHPORT AT BUCK CREEK | 2 Bedroom | 2BR,1BA | $1.28 |
| Capital Place | Two Bedroom One Bath TH | 2BR,1BA | $1.24 |
| Martinique Terrace | 1Bd/1Ba-Dn Mini W/D | 1BR,1BA | $1.33 |
| Parc Bordeaux Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.12 |
| One Somerset Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.48 |
| Pine Glen | One Bedroom One Bath | 1BR,1BA | $1.24 |
| South & Madison | A1 | 1BR,1BA | $1.27 |
| City Heights | 1A | 1BR,1BA | $1.44 |
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Pet Friendly LifestyleThompson-Edgewood, Indianapolis, IN
Ranked #156
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Thompson-Edgewood Apartments
What is the Cheapest Studio apartment in Thompson-Edgewood?
Currently the most affordable Cheap Studio Apartment in Thompson-Edgewood is at 5700 Madison Apartments & Edgewood on Madison listed at $765.
How much is rent for a Cheap One Bedroom Thompson-Edgewood Apartment?
The lowest price for a Cheap One Bedroom Thompson-Edgewood Apartment is $425 at 701 W Hanna Ave.
What is the lowest price for a Cheap Two Bedroom Thompson-Edgewood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Thompson-Edgewood is starting from $800 at Stone Lake.
What is the most affordable Thompson-Edgewood Three Bedroom Apartment?
The best deal on a cheap Thompson-Edgewood Three Bedroom Apartment rental is at South & Madison and starts from $1,263.
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.