Cheap Homes for Rent in Thompson-Edgewood Neighborhood of Indianapolis, IN from $900 (4 Rentals)

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Search the lowest-cost Homes available for rent right now in the Thompson-Edgewood area of Indianapolis.

property at 3903 Bartlett Ave

3903 Bartlett Ave

IndianapolisIN46227

Thompson-Edgewood

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Thompson-Edgewood, Indianapolis, IN Local Guide

Best Value Apartments for Rent in Thompson-Edgewood, IN

As of April 07, 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 $1,311 with a $1.33 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Fox ClubTwo Bedroom Two Bath2BR,2BA$1.09
Brookwood ApartmentsSycamore Two3BR,1.5BA$1.33
Capital PlaceTwo Bedroom One Bath TH2BR,1BA$1.24
Martinique Terrace1Bd/1Ba-Dn Mini W/D1BR,1BA$1.34
Creek Bay1Bed/1Bath Large1BR,1BA$1.46
One Somerset Apartments2 Bedroom 1 Bathroom2BR,1BA$1.48
Pine GlenOne Bedroom One Bath1BR,1BA$1.22
Buckridge at Southport1BR/1.0BA1BR,1BA$1.28
South & MadisonA11BR,1BA$1.27
City Heights1A1BR,1BA$1.44

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Frequently Asked Questions about Thompson-Edgewood

What type of rentals are currently available in Thompson-Edgewood?

There are currently 46 Apartments for Rent in Thompson-Edgewood, IN with pricing that ranges from $354 to $2,647. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Thompson-Edgewood ranging from $975 to $1,750.

What is the current price range for Rental Homes in Thompson-Edgewood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Thompson-Edgewood ranges from $975 to $1,750 with an average monthly rent of $1,463.

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.