1635 Cruft St
IndianapolisIN46203
Cheap Homes for Rent in University Heights Neighborhood of Indianapolis, IN from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the University Heights area of Indianapolis.
1944 Shelby St
IndianapolisIN46203
1502 E Tabor St
IndianapolisIN46203
2177-2179 S Delaware St
IndianapolisIN46225
2826 S Pennsylvania St
IndianapolisIN46225
1948 Shelby St
IndianapolisIN46203
2002 Shelby St
IndianapolisIN46203
615 E Thompson Rd
IndianapolisIN46227
2948 Shelby St
IndianapolisIN46203
3854 S Sherman Dr
IndianapolisIN46237
University Heights
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
2034 Singleton St
IndianapolisIN46203
2106 Singleton St
IndianapolisIN46203
3903 Bartlett Ave
IndianapolisIN46227
2231 Union St
IndianapolisIN46225
Showing Results 1-14, Page 1 of 1
University Heights, Indianapolis, IN Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in University Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Heights 2 Bedroom Homes for Rent | $1,170 | $906 | $1,795 |
| University Heights 3 Bedroom Homes for Rent | $1,521 | $1,100 | $2,195 |
| University Heights 4 Bedroom Homes for Rent | $1,865 | $1,350 | $2,375 |
| University Heights 5 Bedroom Homes for Rent | $1,950 | $1,950 | $1,950 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the University Heights Neighborhood of Indianapolis, IN.
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Cheapest Available University Heights Apartments for Rent
The cheapest available apartment rental in the University Heights area of Indianapolis, IN is a Studio unit found at Country Club Apartments priced from $699. Stone Lake has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable University Heights apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Country Club Apartments | Studio | Studio,1BA | $699 |
| Stone Lake | 1X1 | 1BR,1BA | $700 |
| Cherry Glen | Studio | Studio,1BA | $799 |
| Capital Place | One Bedroom One Bath TH | 1BR,1BA | $810 |
| Brookwood Apartments | Evergreen Two | 1BR,1BA | $834 |
Best Value Apartments for Rent in University Heights, IN
As of April 05, 2025 the best value apartment in the University Heights area is the $0.73 price per square foot 2608 Madison Ave Model at 2608 Madison Ave, Unit Madison in the in the Concord neighborhood starting from $1,600. The second greatest value University Heights apartment is the 2948 Hervey St Model at 2948 Hervey St starting at $1,695 with a $1.06 price per square foot in the Carson Heights neighborhood. Here is today’s list of the best values for University Heights apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2608 Madison Ave, Unit Madison | 2608 Madison Ave | 3BR,2BA | $0.73 |
| 2948 Hervey St | 2948 Hervey St | 4BR,2BA | $1.06 |
| Sherman Village | Townhome | 3BR,1.5BA | $0.88 |
| 2806 Dietz St | 2806 Dietz St | 3BR,1BA | $1.00 |
| Fox Club | Two Bedroom Two Bath | 2BR,2BA | $1.09 |
| Strawbridge Green | Redfern | 2BR,1.5BA | $1.05 |
| Brookwood Apartments | Sycamore Two | 3BR,1.5BA | $1.33 |
| Capital Place | Two Bedroom One Bath TH | 2BR,1BA | $1.24 |
| Pine Glen | One Bedroom One Bath | 1BR,1BA | $1.22 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $1.31 |
Frequently Asked Questions about University Heights
What type of rentals are currently available in University Heights?
There are currently 72 Apartments for Rent in University Heights, IN with pricing that ranges from $699 to $2,647. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Heights ranging from $700 to $2,375.
What is the current price range for Rental Homes in University Heights?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Heights ranges from $700 to $2,375 with an average monthly rent of $1,450.
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.