Cheap Apartments for Rent in the SE Indianapolis Hancock Neighborhood of New Palestine, IN from $800 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the SE Indianapolis Hancock area of New Palestine.

Washington Village Apartments
SE Indianapolis Hancock, New Palestine, IN Local Guide

How much does it cost to rent an apartment in SE Indianapolis Hancock?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
SE Indianapolis Hancock 1 Bedroom Apartments | $1,316 | $1,185 | $1,599 |
SE Indianapolis Hancock 2 Bedroom Apartments | $1,272 | $899 | $1,510 |
SE Indianapolis Hancock 3 Bedroom Apartments | $1,730 | $1,615 | $1,929 |
Explore New Palestine
Best Value Apartments for Rent in SE Indianapolis Hancock, IN
As of April 15, 2025 the best value apartment in the SE Indianapolis Hancock area is the $1.18 price per square foot The Estate Model at Washington Village Apartments in the in the Southeast Indianapolis neighborhood starting from $1,410. The second greatest value SE Indianapolis Hancock apartment is the A5 Model at Iron Trail Apartments & Townhomes starting at $1,599 with a $2.23 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for SE Indianapolis Hancock apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Washington Village Apartments | The Estate | 3BR,2BA | $1.18 |
Iron Trail Apartments & Townhomes | A5 | 1BR,1BA | $2.23 |
Eastway Court Apartments | The Denali | 1BR,1BA | $1.88 |
Getting Around the SE Indianapolis Hancock Neighborhood in New Palestine, IN
Walk Score®
27 / 100
Car-Dependent
Most errands require a car
Bike Score®
39 / 100
Somewhat Bikeable
Minimal bike infrastructure
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 SE Indianapolis Hancock Apartments
How much is rent for a Cheap One Bedroom SE Indianapolis Hancock Apartment?
The lowest price for a Cheap One Bedroom SE Indianapolis Hancock Apartment is $940 at Eastway Court Apartments.
What is the most affordable SE Indianapolis Hancock Three Bedroom Apartment?
The best deal on a cheap SE Indianapolis Hancock Three Bedroom Apartment rental is at Washington Village Apartments and starts from $1,410.
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.