Cheap 1 Bedroom Apartments for Rent in the Wallace Crossing Neighborhood of Indianapolis, IN from $695 (21 Rentals)

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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 4302 E 10th St

4302 E 10th St

IndianapolisIN46201
property at 8 N Butler Ave

8 N Butler Ave

IndianapolisIN46219
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Colonial Park
1 Bedroom Apartments

Colonial Park

4421 E Washington StIndianapolis, IN 46201
  • Utilities Included

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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Helen Louise Apartments
1 Bedroom Apartments

Helen Louise Apartments

5822 E Washington StIndianapolis, IN 46219
  • Utilities Included
property at 15 N Riley Ave

15 N Riley Ave

IndianapolisIN46201

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Butler Place
1 Bedroom Apartments

Butler Place

5230 E Washington StIndianapolis, IN 46219

Wallace Crossing - 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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Wallace Crossing, Indianapolis, IN Local Guide

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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Frequently Asked Questions about Cheap Wallace Crossing Apartments

What is a cheap apartment in Wallace Crossing?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Wallace Crossing is under $1,095.

What is the price of a cheap apartment in Wallace Crossing?

The cheapest apartment in Wallace Crossing is Parkhaven Apartments which is listed at $949, while the average apartment in Wallace Crossing costs $1,688.

What types of apartments are the cheapest in Wallace Crossing?

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 12 regular apartments in Wallace Crossing 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 Wallace Crossing?

Cheap apartments in Wallace Crossing have an average cost of $616 which is $1,072 cheaper than the average rent for all rentals in Wallace Crossing.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.