Cheap Apartments for Rent in the Springdale Neighborhood of Indianapolis, IN from $700 (42 Rentals)

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

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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-42, Page 1 of 1

Springdale, Indianapolis, IN Local Guide

Cheapest Available Springdale Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Minnie Hartmann CenterThe Lucy 40%2BR,1BA$931
WesmontStudio - Bumping on SunsetStudio,1BA$1,099

Best Value Apartments for Rent in Springdale, IN

As of December 09, 2025 the best value apartment in the Springdale area is the $1.20 price per square foot 1029 N Keystone Ave Model at 1029 N Keystone Ave, Unit 1029 N keystone in the in the Martindale neighborhood starting from $1,800. The second greatest value Springdale apartment is the The Alma 50% Model at Minnie Hartmann Center starting at $1,180 with a $1.48 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Springdale apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1029 N Keystone Ave, Unit 1029 N keystone1029 N Keystone Ave3BR,1.5BA$1.20
Minnie Hartmann CenterThe Alma 50%2BR,1BA$1.48
WesmontOne Bedroom - Polka Dots and Moonbeams1BR,1BA$1.95

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
Springdale, Indianapolis, IN

Ranked #227

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Springdale, Indianapolis, IN

School data provided by Great Schools

Getting Around the Springdale Neighborhood in Indianapolis, IN

Walk Score®

71 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

79 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

39 / 100

Some Transit

A few nearby public transportation options

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 Springdale Apartments

What is a cheap apartment in Springdale?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Springdale is under $1,099.

What is the price of a cheap apartment in Springdale?

The cheapest apartment in Springdale is Wesmont which is listed at $1,299, while the average apartment in Springdale costs $1,699.

What types of apartments are the cheapest in Springdale?

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 3 regular apartments in Springdale that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

Articles, How-To's, and Tips

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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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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.

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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!