Cheap Apartments for Rent in the Spring Mill Heights Neighborhood of Indianapolis, IN from $679 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Spring Mill Heights area of Indianapolis.

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Shore Acres
Studio to 3 Bedroom Apartments

Shore Acres

1105 Westfield Ct WIndianapolis, IN 46240
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The Meridian North
1 to 3 Bedroom Apartments

The Meridian North

2100 Westlane RdIndianapolis, IN 46260
Corporate Housing
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Reflections Apartments
Studio to 3 Bedroom Apartments

Reflections Apartments

7999 Silverleaf DrIndianapolis, IN 46260
Corporate Housing

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4901 N Washington Blvd
1 Bedroom Apartments

4901 N Washington Blvd

4901 N Washington BlvdIndianapolis, IN 46205
  • Utilities Included

Spring Mill Heights - 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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Spring Mill Heights, Indianapolis, IN Local Guide

Cheapest Available Spring Mill Heights Apartments for Rent

 

The cheapest available apartment rental in the Spring Mill Heights area of Indianapolis, IN is a 1 Bed unit found at The Meridian North and South priced from $679. Carrollton Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Spring Mill Heights apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Meridian North and SouthA2S South1BR,1BA$679
Carrollton Manor Apartments1 Bed 1 Bath Unfurnished1BR,1BA$900
Broad Ripple Trails1BR-L Commons1BR,1BA$906
Wellington Square Apartments1BR/1BA1BR,1BA$926
Forest Ridge1 Bed, 1 Bath1BR,1BA$929
The Pines at SoBro1x1 - Classic1BR,1BA$949
Meridian Lakes1Bed/1Ba-Dn (A)1BR,1BA$960
WoodlakeOne Bedroom Apartment1BR,1BA$985
Edison at Meridian Hills1 Bedroom 1 Bath1BR,1BA$989
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$990

Best Value Apartments for Rent in Spring Mill Heights, IN

As of September 07, 2026 the best value apartment in the Spring Mill Heights area is the $1.36 price per square foot 2 Bed, 2.5 Bath, 2 car Garage Townhome Model at Townes at Winthrop in the in the Warfleigh neighborhood starting from $2,450. The second greatest value Spring Mill Heights apartment is the B4 Glacier Model at Landmark starting at $1,674 with a $1.31 price per square foot in the Spring Arbor neighborhood. Here is today’s list of the best values for Spring Mill Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.36
LandmarkB4 Glacier2BR,2BA$1.31
Reflections ApartmentsRenderings I2BR,1.5BA$1.27
Forest Ridge2 Bed, 2 Bath2BR,2BA$1.21
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.29
Jade North ApartmentsPlan H2BR,1.5BA$1.10
Broad Ripple Flats2x1.52BR,1.5BA$1.23
Park Place Apartments2 Bedroom Remodeled2BR,1BA$1.31
Broad Ripple Trails1BR-U Village1BR,1BA$1.33
Wellington Square Apartments1BR/1BA1BR,1BA$1.35

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Navigating the Rental Market: Tips for First-Time Renters

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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
Spring Mill Heights, Indianapolis, IN

Ranked #96

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States, including Indianapolis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Spring Mill Heights Apartments

What is a cheap apartment in Spring Mill Heights?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Spring Mill Heights is under $990.

What is the price of a cheap apartment in Spring Mill Heights?

The cheapest apartment in Spring Mill Heights is The Meridian North and South which is listed at $679, while the average apartment in Spring Mill Heights costs $1,113.

What types of apartments are the cheapest in Spring Mill Heights?

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 22 regular apartments in Spring Mill Heights 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 Spring Mill Heights?

Cheap apartments in Spring Mill Heights have an average cost of $174 which is $939 cheaper than the average rent for all rentals in Spring Mill Heights.

Expert Rental Resources

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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