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Indy Town Apartments
6046 E 21st StIndianapolis, IN 46219
Cheap Apartments for Rent in the Towne and Terrace Neighborhood of Indianapolis, IN from $600 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Towne and Terrace area of Indianapolis.
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from $735Studio to 2 Bedroom Apartments Available Now
Vineyards Apartments
10101 E Montery RdIndianapolis, IN 46235
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from $7691 to 3 Bedroom Apartments Available Now
Serenity Park Apartments
9060 E 39th PlIndianapolis, IN 46235
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from $879Studio to 3 Bedroom Apartments Available Now
Kingston Square Apartments
7171 Twin Oaks DrIndianapolis, IN 46226
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from $9251 to 2 Bedroom Apartments Available Now
Fountainview Apartments
4800 N Post RdIndianapolis, IN 46226
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from $950Studio to 3 Bedroom Apartments Available Now
Spanish Oaks
3645 Wingate CtIndianapolis, IN 46235
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Towne and Terrace
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
Showing Results 1-10, Page 1 of 1
Towne and Terrace, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Towne and Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Towne and Terrace Studio Apartments | $1,055 | $735 | $1,789 |
| Towne and Terrace 1 Bedroom Apartments | $1,313 | $707 | $1,948 |
| Towne and Terrace 2 Bedroom Apartments | $1,441 | $899 | $2,899 |
| Towne and Terrace 3 Bedroom Apartments | $1,822 | $1,391 | $2,290 |
| Towne and Terrace 4 Bedroom Apartments | $1,529 | $1,529 | $1,529 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Towne and Terrace Neighborhood of Indianapolis, IN.
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Towne and Terrace, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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Cheapest Available Towne and Terrace Apartments for Rent
The cheapest available apartment rental in the Towne and Terrace area of Indianapolis, IN is a 1 Bed unit found at Serenity Park Apartments priced from $769. Kingston Square Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $879. Here are the most affordable Towne and Terrace apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Serenity Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $769 |
| Kingston Square Apartments | The Ash | Studio,1BA | $879 |
| Vineyards Apartments | 1 Bedroom Apartment | 1BR,1BA | $887 |
Best Value Apartments for Rent in Towne and Terrace, IN
As of March 28, 2025 the best value apartment in the Towne and Terrace area is the $1.17 price per square foot 3BR2B -Reserve at Franklin Glen Model at Reserve at Franklin Glen in the in the Southeast Indianapolis neighborhood starting from $1,391. The second greatest value Towne and Terrace apartment is the The Maple Model at Kingston Square Apartments starting at $1,499 with a $1.69 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Towne and Terrace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Reserve at Franklin Glen | 3BR2B -Reserve at Franklin Glen | 3BR,2BA | $1.17 |
| Kingston Square Apartments | The Maple | 2BR,1.5BA | $1.69 |
| Fountainview Apartments | 2BR/1BA | 2BR,1BA | $1.45 |
| Harrison Point Apartments | Ruby Reno | 2BR,1BA | $1.52 |
| Vineyards Apartments | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.39 |
| The Otis at Fort Ben Apartments | Ambassador | 1BR,1BA | $2.02 |
| Indy Town Apartments | Arlington Green 2 bedroom | 2BR,1BA | $1.35 |
| The Fort Apartments | Washington | 1BR,1BA | $1.94 |
| Serenity Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.29 |
| Spanish Oaks | Studio | Studio ,1BA | $1.86 |
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Pet Friendly LifestyleTowne And Terrace, Indianapolis, IN
Ranked #193
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Towne and Terrace Apartments
How much is rent for a Cheap One Bedroom Towne and Terrace Apartment?
The lowest price for a Cheap One Bedroom Towne and Terrace Apartment is $769 at Serenity Park Apartments.
What is the lowest price for a Cheap Two Bedroom Towne and Terrace Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Towne and Terrace is starting from $899 at Serenity Park Apartments.
What is the most affordable Towne and Terrace Three Bedroom Apartment?
The best deal on a cheap Towne and Terrace Three Bedroom Apartment rental is at Reserve at Franklin Glen and starts from $1,391.
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.