
Cheap Homes for Rent in Spring Mill Heights Neighborhood of Indianapolis, IN from $1,000 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Spring Mill Heights area of Indianapolis.


6721 Riverfront Ave, Unit Studio

4925 Crittenden Ave

945 Fox Hill Dr

77 W Westfield Blvd
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

7488 Country Brook Dr, Unit 7488

7488 Countrybrook Dr

5348 Winthrop Ave

4841 N College Ave

4921 Graceland Ave, Unit 4921 Graceland Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Spring Mill Heights, Indianapolis, IN Local Guide

How much does it cost to rent a home in Spring Mill Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spring Mill Heights 2 Bedroom Homes for Rent | $1,654 | $1,050 | $2,500 |
| Spring Mill Heights 3 Bedroom Homes for Rent | $1,886 | $1,495 | $2,500 |
| Spring Mill Heights 4 Bedroom Homes for Rent | $1,966 | $1,775 | $2,150 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Spring Mill Heights Neighborhood of Indianapolis, IN.
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Spring Mill Heights, Indianapolis, IN Local Guide
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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 $699. Broad Ripple Trails has the second lowest priced unit, which is a Studio apartment currently listed from $839. Here are the most affordable Spring Mill Heights apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Meridian North and South | A2S South | 1BR,1BA | $699 |
| Broad Ripple Trails | STUD-S | Studio,1BA | $839 |
| Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $842 |
Best Value Apartments for Rent in Spring Mill Heights, IN
As of January 26, 2026 the best value apartment in the Spring Mill Heights area is the $1.19 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 $2,200. The second greatest value Spring Mill Heights apartment is the Three Bedroom 1.5 Bath Townhouse 1300 sq ft Model at Estates at Crystal Bay starting at $1,495 with a $1.15 price per square foot in the Faith Knoll neighborhood. Here is today’s list of the best values for Spring Mill Heights apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Townes at Winthrop | 2 Bed, 2.5 Bath, 2 car Garage Townhome | 2BR,2.5BA | $1.19 |
| Estates at Crystal Bay | Three Bedroom 1.5 Bath Townhouse 1300 sq ft | 3BR,1.5BA | $1.15 |
| Private Reserve Townhomes | The Newburgh | 2BR,1.5BA | $1.07 |
| Everly at Meridian Hills | Iris | 2BR,1BA | $1.15 |
| Park 66 Flats | Palmer | 2BR,2BA | $1.38 |
| Edison at Meridian Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.25 |
| The Grove on 79th | 1x1,5 Townhome Renovated | 1BR,1.5BA | $1.20 |
| Park Place Apartments | 2 Bedroom Remodeled | 2BR,1BA | $1.37 |
| The Pines at SoBro | 2x1 Large - Renovated | 2BR,1BA | $1.43 |
| The Meridian North and South | A2S South | 1BR,1BA | $1.24 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleQuick 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.
Pet Friendly LifestyleSpring Mill Heights, Indianapolis, IN
Ranked #69
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Spring Mill Heights
What type of rentals are currently available in Spring Mill Heights?
There are currently 74 Apartments for Rent in Spring Mill Heights, IN with pricing that ranges from $699 to $5,067. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spring Mill Heights ranging from $1,050 to $2,500.
What is the current price range for Rental Homes in Spring Mill Heights?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Spring Mill Heights ranges from $1,050 to $2,500 with an average monthly rent of $1,629.
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.
Helpful Local Expert Guides

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.