
Cheap Apartments for Rent in the Wallace Crossing Neighborhood of Indianapolis, IN from $300 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Wallace Crossing area of Indianapolis.


960 N Drexel Ave
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1106 N Gale St

856 N Bradley Ave
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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 | $1,250 | $1,250 | $1,250 |
| Wallace Crossing 1 Bedroom Apartments | $1,087 | $750 | $1,500 |
| Wallace Crossing 2 Bedroom Apartments | $930 | $695 | $1,429 |
| Wallace Crossing 3 Bedroom Apartments | $1,066 | $925 | $1,300 |
| Wallace Crossing 4 Bedroom Apartments | $1,360 | $895 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Wallace Crossing Neighborhood of Indianapolis, IN.
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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 2 Beds unit found at The Aerie on 11th Street priced from $775. The Courts Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Wallace Crossing apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Aerie on 11th Street | 2 Bedroom 1 Bath - 33179 | 2BR,1BA | $775 |
| The Courts Apartment Homes | 1x1 Classic | 1BR,1BA | $799 |
| 50 - SAXONY COURT APARTMENTS | Saxony Court- Two Bedroom Upgraded Unit in the ... | 2BR,1BA | $875 |
Best Value Apartments for Rent in Wallace Crossing, IN
As of January 04, 2026 the best value apartment in the Wallace Crossing area is the $1.04 price per square foot 7302 East Washington Street Model at 7302 East Washington Street, Unit A in the in the Southeast Indianapolis neighborhood starting from $1,250. The second greatest value Wallace Crossing apartment is the 2 Bedroom 1 Bath - 20349 Model at The Aerie on 11th Street starting at $775 with a $0.87 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. |
|---|---|---|---|
| 7302 East Washington Street, Unit A | 7302 East Washington Street | Studio ,1.5BA | $1.04 |
| The Aerie on 11th Street | 2 Bedroom 1 Bath - 20349 | 2BR,1BA | $0.87 |
| Minnie Hartmann Center | The Alma 50% | 2BR,1BA | $1.48 |
| 50 - SAXONY COURT APARTMENTS | Saxony Court- Two Bedroom Upgraded Unit in the ... | 2BR,1BA | $1.15 |
| The Courts Apartment Homes | 1x1 Classic | 1BR,1BA | $1.45 |
Frequently Asked Questions about Cheap Wallace Crossing Apartments
What is the price of a cheap apartment in Wallace Crossing?
The cheapest apartment in Wallace Crossing is The Courts Apartment Homes which is listed at $799, while the average apartment in Wallace Crossing costs $1,250.
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 3 regular apartments in Wallace Crossing 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.
Helpful Local Expert Guides

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