
Apartments for Rent in the Towne and Terrace Neighborhood of Indianapolis, IN Under $1,500 (26 Rentals)


Spanish Oaks

Serenity Park Apartments

The Fort Apartments

Shadeland Terrace Townhomes w/Basements

Harrison Point Apartments

The Otis at Fort Ben Apartments

Paragon Park

Reserve at Franklin Glen
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Fountainview Apartments

Vineyards Apartments

3901 Chateau Dr

8725 Balboa Ct

3728 N Brentwood Ave

4306 Meadowlark Ct

8738 Montery Rd

4530 Peachwood Ct

3671 N Brentwood Ave

10104 Meadowlark Dr
Towne and Terrace - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

8254 Meadowlark Dr
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 | $952 | $879 | $1,050 |
Towne and Terrace 1 Bedroom Apartments | $1,346 | $769 | $1,769 |
Towne and Terrace 2 Bedroom Apartments | $1,376 | $899 | $2,553 |
Towne and Terrace 3 Bedroom Apartments | $1,578 | $1,050 | $2,260 |
Towne and Terrace 4 Bedroom Apartments | $1,920 | $1,920 | $1,920 |
Browse Apartments in this Neighborhood
There are currently 26 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
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Frequently Asked Questions about Towne and Terrace
What is the current price range for One Bedroom Towne and Terrace Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Towne and Terrace ranges from $769 to $1,769 with an average monthly rent of $1,346.
What does renting a Two Bedroom Apartment in Towne and Terrace cost?
The monthly rent prices of Two Bedroom Apartments currently available in Towne and Terrace range from $899 to $2,553. Today's average rental price for Two Bedrooms here is $1,376.
How expensive are Towne and Terrace Three Bedroom Apartments?
There are currently 11 Three Bedroom Apartments listings available in Towne and Terrace on ApartmentHomeLiving.com. The pricing ranges from $1,050 to $2,260 - averaging $1,578 for the location.
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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.