Cheap Apartments for Rent in Lawrence, IN from $400 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lawrence.

Lawrence

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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Jamestowne Apartments
2 Bedroom Apartments

Jamestowne Apartments

8917 Duxbury RdIndianapolis, IN 46226
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3825 N Whittier Pl
1 Bedroom Apartments

3825 N Whittier Pl

3825 N Whittier PlIndianapolis, IN 46226
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Peppermill Farms
1 to 2 Bedroom Apartments

Peppermill Farms

6830 Mill View DrIndianapolis, IN 46226
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Cavalier Court
1 to 3 Bedroom Apartments

Cavalier Court

9108 E 38th PlIndianapolis, IN 46235
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Frederick Square
1 to 2 Bedroom Apartments

Frederick Square

6020 E 30th StIndianapolis, IN 46218
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Maison Gardens
1 to 3 Bedroom Apartments

Maison Gardens

8808 Rue Madeleine RueIndianapolis, IN 46226
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Maplewood
3 Bedroom Apartments

Maplewood

12451 Pendleton PikeIndianapolis, IN 46236
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Lawrence Glen
1 to 2 Bedroom Apartments

Lawrence Glen

8633 E 46th StIndianapolis, IN 46226
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Heritage Apartments
1 to 2 Bedroom Apartments

Heritage Apartments

4111 C2 Stonecrest CtIndianapolis, IN 46229
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The Haciendas
1 to 3 Bedroom Apartments

The Haciendas

3816 Trilbey DrIndianapolis, IN 46235
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Showing Results 1-37, Page 1 of 1

Lawrence, IN Local Guide

Cheapest Available Lawrence Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lawrence, IN is a Studio unit found at Franklin Studios in the Far Eastside neighborhood priced from $725. Autumn Trails Apartments in the Southeast Indianapolis neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here is today’s list of the most affordable Lawrence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Franklin StudiosStudioStudio,1BA$725
Autumn Trails ApartmentsThe MapleStudio,1BA$749
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$769
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$825
Apartments @ Marten Court1x11BR,1BA$829
The Life at Harrison Trails1 BED 1 BATH A (LOFT)1BR,1BA$842
Carriage House East1 Bedroom Apartment Hope1BR,1BA$846
Lenox Apartments1 Bed 1 Bath Apartment - Upgraded1BR,1BA$856
Kingston Square ApartmentsThe AshStudio,1BA$879
Timber Point ApartmentsThe Ashland1BR,1BA$895

Best Value Apartments for Rent in Lawrence, IN and Nearby

As of April 10, 2025 the best value apartment in the Lawrence area is the $1.23 price per square foot Alan Model at Meridian Homes at Sycamore Drive in the starting from $2,050. The second greatest value Lawrence apartment is the 3BR2B -Reserve at Franklin Glen Model at Reserve at Franklin Glen starting at $1,391 with a $1.17 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Lawrence apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Meridian Homes at Sycamore DriveAlan3BR,2BA$1.23
Reserve at Franklin Glen3BR2B -Reserve at Franklin Glen3BR,2BA$1.17
Lenox Apartments2 Bed 2 Bath Apartment w/Den - Renovated2BR,2BA$1.15
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$0.86
Apartments @ Marten Court2x1 with washer/dryer2BR,1BA$1.13
Carriage House East2 Bedroom Apartment Optimism2BR,1BA$1.18
Timber Point ApartmentsThe Ashland1BR,1BA$1.08
Castleton Manor ApartmentsThe Banyan1BR,1.5BA$1.33
The Life at Harrison Trails1 BED 1 BATH A (LOFT)1BR,1BA$1.26
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$1.29

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lawrence, IN Rentals by Map

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See the most popular apartments and homes in Lawrence, IN

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Getting Around Lawrence, IN

Walk Score®

48 / 100

Car-Dependent

Most errands require a car

Bike Score®

54 / 100

Bikeable

Some bike infrastructure

Transit Score®

3 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lawrence Apartments

What is the Cheapest Studio apartment in Lawrence?

Currently the most affordable Cheap Studio Apartment in Lawrence is at Franklin Studios listed at $725.

How much is rent for a Cheap One Bedroom Lawrence Apartment?

The lowest price for a Cheap One Bedroom Lawrence Apartment is $769 at Serenity Park Apartments.

What is the lowest price for a Cheap Two Bedroom Lawrence Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lawrence is starting from $899 at Serenity Park Apartments.

What is the most affordable Lawrence Three Bedroom Apartment?

The best deal on a cheap Lawrence Three Bedroom Apartment rental is at Timber Point Apartments and starts from $1,195.

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.