Cheap Homes for Rent in Spring Mill Heights Neighborhood of Indianapolis, IN from $1,000 (16 Rentals)

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

property at 1504 Stamm Ave

1504 Stamm Ave, Unit 1

1504 Stamm Ave
IndianapolisIN46240

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.

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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.

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Cash 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.

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Showing Results 1-16, Page 1 of 1

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 $839. 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 ListingModel NameBed/BathPriced From
The Meridian North and SouthA8S South1BR,1BA$839
Broad Ripple TrailsSTUD-SStudio,1BA$839
Reflections ApartmentsReplicaStudio,1BA$844
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$865
Lincolnshire Broad RippleStudio Upper LevelsStudio,1BA$875

Best Value Apartments for Rent in Spring Mill Heights, IN

As of October 26, 2025 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 Orchid Model at Everly at Meridian Hills starting at $1,779 with a $1.07 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.19
Everly at Meridian HillsOrchid3BR,2BA$1.07
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.28
Edgewater Apartments2 Bedroom2BR,2BA$1.32
Park Place Apartments2 Bedroom Remodeled2BR,1BA$1.37
Jade North ApartmentsPlan G1BR,1BA$1.29
The Pines at SoBro1 Bedroom 1 Bath Apartment1BR,1BA$1.23
Wellington Square Apartments1BR/1BA1BR,1BA$1.35
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$1.33

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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The 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.

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Your 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

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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
Spring Mill Heights, Indianapolis, IN

Ranked #58

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Spring Mill Heights

What type of rentals are currently available in Spring Mill Heights?

There are currently 69 Apartments for Rent in Spring Mill Heights, IN with pricing that ranges from $729 to $5,271. There are also 69 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spring Mill Heights ranging from $1,035 to $8,500.

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 $1,035 to $8,500 with an average monthly rent of $2,612.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.