
Cheap Apartments for Rent in the Wallace Crossing Neighborhood of Indianapolis, IN from $400 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Wallace Crossing area of Indianapolis.


37-37 S Sherman Dr

712-712 N Bosart Ave

810 N Bradley Ave

35#B Dequincy Street, 46201; #713375 - 713375

943 N Drexel Ave

521 N Gladstone Ave, Unit B
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320 N Sherman Dr

3123 E Michigan St

565 S Webster Ave

Historic Audubon Court

1106 N Gale St

1038 N Tuxedo St
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4312 E Michigan St

4310 E Michigan St
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5143 Washington St

833 N Gladstone Ave

Clark House Apartments

932 N Leland Ave

Colonial Park

Minnie Hartman

Saxony Court
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Linwood Manor

3135 Wade St

521 N Gladstone Ave
Wallace Crossing, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Wallace Crossing?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wallace Crossing Studio Apartments | $922 | $595 | $1,250 |
| Wallace Crossing 1 Bedroom Apartments | $843 | $800 | $900 |
| Wallace Crossing 2 Bedroom Apartments | $996 | $949 | $1,149 |
| Wallace Crossing 3 Bedroom Apartments | $1,240 | $925 | $2,271 |
| Wallace Crossing 4 Bedroom Apartments | $1,693 | $1,599 | $1,775 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Wallace Crossing Neighborhood of Indianapolis, IN.
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Wallace Crossing, Indianapolis, IN Local Guide
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Cheapest Available Wallace Crossing Apartments for Rent
 The cheapest available apartment rental in the Wallace Crossing area of Indianapolis, IN is a Studio unit found at D&T Nest priced from $595. Saxony Court has the second lowest priced unit, which is a 2 Beds apartment currently listed from $889. Here are the most affordable Wallace Crossing apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| D&T Nest | 0 Bedroom 1 Bath - 56981 | Studio,1BA | $595 |
| Saxony Court | Saxony 2 Bd Standard | 2BR,1BA | $889 |
| The Courts Apartment Homes | 2x1 Classic | 2BR,1BA | $949 |
| Eastgate Terrace Apartments | 1 Bed Elegance | 1BR,1BA | $950 |
| Minnie Hartman | The Lillie 50% | 2BR,1BA | $1,136 |
| School 85 | F | 2BR,2BA | $1,610 |
Best Value Apartments for Rent in Wallace Crossing, IN
As of July 27, 2026 the best value apartment in the Wallace Crossing area is the $1.24 price per square foot F Model at School 85 in the in the Southeast Indianapolis neighborhood starting from $1,610. The second greatest value Wallace Crossing apartment is the 7302 East Washington Street Model at 7302 East Washington Street, Unit A starting at $1,250 with a $1.04 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Wallace Crossing apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| School 85 | F | 2BR,2BA | $1.24 |
| 7302 East Washington Street, Unit A | 7302 East Washington Street | Studio ,1.5BA | $1.04 |
| Eastgate Terrace Apartments | 2 Bed Elegance | 2BR,1BA | $1.37 |
| The Courts Apartment Homes | 2x1 Classic | 2BR,1BA | $1.22 |
| Saxony Court | Saxony 2 Bd Remodel | 2BR,1BA | $1.30 |
| D&T Nest | 0 Bedroom 1 Bath - 56981 | Studio ,1BA | $2.20 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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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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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.
Pet Friendly LifestyleWallace Crossing, Indianapolis, IN
Ranked #248
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Wallace Crossing Apartments
How much is rent for a Cheap One Bedroom Wallace Crossing Apartment?
The lowest price for a Cheap One Bedroom Wallace Crossing Apartment is $950 at Eastgate Terrace Apartments.
What is the lowest price for a Cheap Two Bedroom Wallace Crossing Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Wallace Crossing is starting from $889 at Saxony Court.
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

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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.

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