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Cheap Apartments for Rent in the Thompson-Edgewood Neighborhood of Indianapolis, IN from $400 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Thompson-Edgewood area of Indianapolis.
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from $740Studio to 2 Bedroom Apartments Available Now
5700 Madison Apartments & Edgewood on Madison
5757 Madison AveIndianapolis, IN 46227
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Showing Results 1-9, 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 | $883 | $740 | $1,135 |
| Thompson-Edgewood 1 Bedroom Apartments | $1,032 | $425 | $1,299 |
| Thompson-Edgewood 2 Bedroom Apartments | $1,222 | $935 | $2,053 |
| Thompson-Edgewood 3 Bedroom Apartments | $1,437 | $1,250 | $1,564 |
Browse Apartments in this Neighborhood
There are currently 9 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 Stone Lake priced from $700. 5700 Madison Apartments & Edgewood on Madison has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here are the most affordable Thompson-Edgewood apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stone Lake | 1X1 | 1BR,1BA | $700 |
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Cypress | Studio,1BA | $740 |
| Capital Place | One Bedroom One Bath TH | 1BR,1BA | $810 |
Best Value Apartments for Rent in Thompson-Edgewood, IN
As of February 18, 2025 the best value apartment in the Thompson-Edgewood area is the $1.36 price per square foot Cambridge Model at Hanna Village Apartments in the in the Concord neighborhood starting from $1,499. The second greatest value Thompson-Edgewood apartment is the Two Bedroom Two Bath Model at Fox Club starting at $1,090 with a $1.09 price per square foot in the Thompson-Edgewood 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. |
|---|---|---|---|
| Hanna Village Apartments | Cambridge | 3BR,2BA | $1.36 |
| Fox Club | Two Bedroom Two Bath | 2BR,2BA | $1.09 |
| Windsor Court | Two Bedroom One Bathroom (CN1) | 2BR,1BA | $1.06 |
| Capital Place | Two Bedroom One Bath TH | 2BR,1BA | $1.24 |
| Martinique Terrace | 1Bd/1Ba-Dn Mini W/D | 1BR,1BA | $1.32 |
| Pine Glen | Two Bedroom One Bath | 2BR,1BA | $1.37 |
| Brookwood Apartments | Evergreen Three | 1BR,1BA | $1.30 |
| South & Madison | A1 | 1BR,1BA | $1.27 |
| SOUTHPORT AT BUCK CREEK | 1 Bedroom | 1BR,1BA | $1.27 |
| Cherry Glen | One Bed One Bath | 1BR,1BA | $1.41 |
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Pet Friendly LifestyleThompson-Edgewood, Indianapolis, IN
Ranked #149
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet 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 $740.
How much is rent for a Cheap One Bedroom Thompson-Edgewood Apartment?
The lowest price for a Cheap One Bedroom Thompson-Edgewood Apartment is $700 at Stone Lake.
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 Capital Place and starts from $1,250.
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.
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.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.