Cheap Apartments for Rent in the Windsor Village Neighborhood of Indianapolis, IN from $300 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Windsor Village area of Indianapolis.

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Emerson Place
1 to 3 Bedroom Apartments

Emerson Place

2110 Emerson Knoll PlIndianapolis, IN 46218
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5824 E. Washington
Studio Apartments

5824 E. Washington

5824 E Washington StIndianapolis, IN 46219
  • Utilities Included
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Helen Louise Apartments
1 Bedroom Apartments

Helen Louise Apartments

5822 E Washington StIndianapolis, IN 46219
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3825 N Whittier Pl
1 Bedroom Apartments

3825 N Whittier Pl

3825 N Whittier PlIndianapolis, IN 46226

Windsor Village - 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!

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East Ridge
1 to 3 Bedroom Apartments

East Ridge

2302 N Ritter AveIndianapolis, IN 46218
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Frederick Square
1 to 2 Bedroom Apartments

Frederick Square

6020 E 30th StIndianapolis, IN 46218
  • Utilities Included
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Greenway Apartments
1 to 2 Bedroom Apartments

Greenway Apartments

5300 E 21st StIndianapolis, IN 46218
  • Utilities Included

Windsor Village, Indianapolis, IN Local Guide

Cheapest Available Windsor Village Apartments for Rent

 

The cheapest available apartment rental in the Windsor Village area of Indianapolis, IN is a 2 Beds unit found at The Aerie on 11th Street priced from $700. Autumn Trails Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Windsor Village apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Aerie on 11th Street6260 East 11th Street - Apt 3102BR,1BA$700
Autumn Trails ApartmentsThe MapleStudio,1BA$749
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$769
OlivewoodStudioStudio,1BA$820
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$825

Best Value Apartments for Rent in Windsor Village, IN

As of April 22, 2025 the best value apartment in the Windsor Village area is the $0.89 price per square foot Glen Ridge 2 Bedroom Townhome Model at Glen Ridge Manor Townhomes and Flats in the in the Martindale neighborhood starting from $1,035. The second greatest value Windsor Village apartment is the 1st Floor Standard + W/D Hookups Model at 60 - ADDISON APARTMENTS starting at $945 with a $0.95 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Windsor Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 Bedroom Townhome2BR,1BA$0.89
60 - ADDISON APARTMENTS1st Floor Standard + W/D Hookups2BR,1BA$0.95
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$0.86
Apartments @ Marten Court2x1 with washer/dryer2BR,1BA$1.23
Reserve at Franklin Glen2BR2B- Reserve at Franklin Glen2BR,2BA$1.31
Vistas Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1.18
The Aerie on 11th Street6260 East 11th Street - Apt 3102BR,1BA$0.82
Braeburn Village2X1-502BR,1BA$1.19
Indy Town ApartmentsArlington Green 2 bedroom2BR,1BA$1.35
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$1.29

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Windsor Village, Indianapolis, IN

Ranked #223

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Windsor Village Neighborhood in Indianapolis, IN

Walk Score®

40 / 100

Car-Dependent

Most errands require a car

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

33 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Windsor Village Apartments

What is a cheap apartment in Windsor Village?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Windsor Village is under $945.

What is the price of a cheap apartment in Windsor Village?

The cheapest apartment in Windsor Village is Serenity Park Apartments which is listed at $769, while the average apartment in Windsor Village costs $1,570.

What types of apartments are the cheapest in Windsor Village?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 11 regular apartments in Windsor Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Windsor Village?

Cheap apartments in Windsor Village have an average cost of $186 which is $1,384 cheaper than the average rent for all rentals in Windsor Village.

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.

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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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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.

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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.