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$6992 Bedroom Apartments Available Now
2201 E New York St, Unit B
2201 E New York StIndianapolis, IN 46201
Cheap Apartments for Rent in the Springdale Neighborhood of Indianapolis, IN from $699 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Springdale area of Indianapolis.
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$6991 Bedroom Apartments Available Now
2209 E New York St, Unit B
2209 E New York StIndianapolis, IN 46201
238.5 N Beville Ave
IndianapolisIN46201
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$8751 Bedroom Apartments Available Now
3058 Brookside Pkwy N Dr, Unit 3058 Brookside Parkway N.
3058 Brookside Pkwy N DrIndianapolis, IN 46218
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Rent Specials
$887 - $1,3852 Bedroom Apartments Available Now
Minnie Hartman
3734 E Vermont StIndianapolis, IN 46201
321-323 N Arsenal Ave
IndianapolisIN46201
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$9993 Bedroom Apartments Available Now
2201 E New York St, Unit D
2201 E New York StIndianapolis, IN 46201
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.
330 N Arsenal Ave
IndianapolisIN46201
235 N Oakland Ave
IndianapolisIN46201
1131 N Rural St
IndianapolisIN46201
320 N Sherman Dr
IndianapolisIN46201
318 N Sherman Dr
IndianapolisIN46201
2209 E New York St
IndianapolisIN46201
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1 Bedroom Apartments
1515-1517 E Michigan Street
1515 E Michigan StIndianapolis, IN 46201
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
3617 Brookside Pkwy S Dr
IndianapolisIN46201
47 N Ewing St
IndianapolisIN46201
2911 E Brookside Ave
IndianapolisIN46218
1358 N Gale St
IndianapolisIN46201
1727 N Tacoma Ave
IndianapolisIN46218
2346 Coyner Ave
IndianapolisIN46218
617 N Oxford St
IndianapolisIN46201
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.
621 N Oxford St
IndianapolisIN46201
621 Tecumseh St
IndianapolisIN46201
2020 E Adams St
IndianapolisIN46218
323 N Rural St
IndianapolisIN46201
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2 Bedroom Apartments
Clifford Corners
3101 E 10th StIndianapolis, IN 46201
2201 E New York St
IndianapolisIN46201
228 N Tacoma Ave
IndianapolisIN46201
Springdale - 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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Springdale, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Springdale?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Springdale Studio Apartments | $1,269 | $1,249 | $1,319 |
| Springdale 1 Bedroom Apartments | $1,416 | $699 | $2,304 |
| Springdale 2 Bedroom Apartments | $1,314 | $699 | $1,799 |
| Springdale 3 Bedroom Apartments | $1,441 | $999 | $1,900 |
| Springdale 4 Bedroom Apartments | $4,005 | $1,379 | $6,632 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 1 mile radius of the Springdale Neighborhood of Indianapolis, IN.
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Springdale, Indianapolis, IN Local Guide
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Cheapest Available Springdale Apartments for Rent
The cheapest available apartment rental in the Springdale area of Indianapolis, IN is a 1 Bed unit found at 1515-1517 E Michigan Street priced from $750. Clifford Corners has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here are the most affordable Springdale apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1515-1517 E Michigan Street | 1BR/1.0BA | 1BR, 1BA | $750 |
| Clifford Corners | 2 Beds, 1 Baths | 2BR, 1BA | $995 |
| Whittier Place | 1 Bed | 1BR, 1BA | $1,240 |
| Wesmont | Studio - Bumping on Sunset | Studio, 1BA | $1,249 |
| 418 Eastern Ave | 3 Beds, 1 Baths | 3BR, 1BA | $1,325 |
| 945 Woodruff Place Middle Drive | #4 | 2BR, 1BA | $1,495 |
Best Value Apartments for Rent in Springdale, IN
As of September 20, 2026 the best value apartment in the Springdale area is the $0.98 price per square foot #4 Model at 945 Woodruff Place Middle Drive in the Martindale neighborhood starting from $1,495. The second greatest value Springdale apartment is the 3 Beds, 1 Baths Model at 418 Eastern Ave in the Martindale neighborhood starting at $1,325 with a $1.31 price per square foot. Here is today’s list of the best values for Springdale apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 945 Woodruff Place Middle Drive | #4 | 2BR, 1.5BA | $0.98 |
| 418 Eastern Ave | 3 Beds, 1 Baths | 3BR, 1BA | $1.31 |
| Clifford Corners | 2 Beds, 1 Baths | 2BR, 1BA | $1.08 |
| Whittier Place | 1 Bed | 1BR, 1BA | $1.49 |
| Wesmont | One Bedroom - Furnished Suite | 1BR, 1BA | $2.53 |
| 1515-1517 E Michigan Street | 1BR/1.0BA | 1BR, 1BA | $1.07 |
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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 ArticleReal 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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Best Local Schools in Springdale, Indianapolis, IN
Arsenal Technical High School
Indianapolis Public Schools
Public School - Grades 9-12 (2360)
2 out of 10
H.L. Harshman Magnet Middle School
Indianapolis Public Schools
Public School - Grades 6-8 (509)
10 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Springdale Apartments
What is the price of a cheap apartment in Springdale?
The cheapest apartment in Springdale is 1515-1517 E Michigan Street which is listed at $750, while the average apartment in Springdale costs $1,369.
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 10 regular apartments in Springdale 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 Springdale?
Cheap apartments in Springdale have an average cost of $540 which is $829 cheaper than the average rent for all rentals in Springdale.
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
Welcome to Indy: A Local Expert's Guide to the City's Best Short-Term Rental Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I am the local expert for ApartmentHomeLiving.com in the Indianapolis area. Being born and raised in Indiana, I know the true meaning of Hoosier hospitality.
Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
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.
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.