Cheap Apartments for Rent in the Springdale Neighborhood of Indianapolis, IN from $300 (39 Rentals)

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

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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property at 840 N Rural St

840 N Rural St

IndianapolisIN46201
property at 1106 N Gale St

1106 N Gale St

IndianapolisIN46201

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.

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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

Cheapest Available Springdale Apartments for Rent

 

The cheapest available apartment rental in the Springdale area of Indianapolis, IN is a Studio unit found at The Stella priced from $370. Minnie Hartmann Center has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,180. Here are the most affordable Springdale apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The StellaSA 30%Studio,1BA$370
Minnie Hartmann CenterThe Alma 50%2BR,1BA$1,180
Roberts School FlatsG1BR,1BA$1,186
Gathyr ApartmentsBatesStudio,1BA$1,199
WesmontStudio - Bumping on SunsetStudio,1BA$1,249
Artistry IndyEdie (EcoSuite)Studio,1BA$1,274
PinnexS1Studio,1BA$1,298
Industry IndianapolisStudio - SaStudio,1BA$1,441
The AssemblySprocket1BR,1BA$1,450
Circa ApartmentsFringe1BR,1BA$1,492

Best Value Apartments for Rent in Springdale, IN

As of May 27, 2025 the best value apartment in the Springdale area is the $1.48 price per square foot The Alma 50% Model at Minnie Hartmann Center in the in the Martindale neighborhood starting from $1,180. The second greatest value Springdale apartment is the Sprocket Model at The Assembly starting at $1,450 with a $2.24 price per square foot in the Riley 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.
Minnie Hartmann CenterThe Alma 50%2BR,1BA$1.48
The AssemblySprocket1BR,1BA$2.24
Circa ApartmentsFringe1BR,1BA$2.38
Roberts School FlatsG1BR,1BA$1.90
WesmontStudio - Bumping on SunsetStudio ,1BA$2.17
PinnexS1Studio ,1BA$2.38
Gathyr ApartmentsBevilleStudio ,1BA$2.44
The StellaSA 120%Studio ,1BA$2.78
Industry IndianapolisStudio - SaStudio ,1BA$3.37
Artistry IndyEdie (EcoSuite)Studio ,1BA$3.61

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 #136

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
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 the Cheapest Studio apartment in Springdale?

Currently the most affordable Cheap Studio Apartment in Springdale is at The Stella listed at $370.

How much is rent for a Cheap One Bedroom Springdale Apartment?

The lowest price for a Cheap One Bedroom Springdale Apartment is $398 at The Stella.

What is the lowest price for a Cheap Two Bedroom Springdale Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Springdale is starting from $483 at The Stella.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.