618 N Euclid Ave
IndianapolisIN46201
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.
close
View Me
1 to 2 Bedroom Apartments
Colonial Park
4421 E Washington StIndianapolis, IN 46201
close
View Me
Studio to 2 Bedroom Apartments
SUITES OF IRVINGTON
5730 E Washington StIndianapolis, IN 46219
960 N Drexel Ave
IndianapolisIN46201
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
close
View Me
1 Bedroom Apartments
Helen Louise Apartments
5822 E Washington StIndianapolis, IN 46219
close
View Me
Studio to 4 Bedroom Apartments
Historic Audubon Court
5703 E Washington StIndianapolis, IN 46219
856 N Bradley Ave
IndianapolisIN46201
1106 N Gale St
IndianapolisIN46201
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Showing Results 1-8, Page 1 of 1
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 | $774 | $750 | $799 |
| 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.
See all Apartments in IndianapolisExplore Indianapolis
Let everyone know!
Do you know the Wallace Crossing area?
If you’re an expert on all things Wallace Crossing, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 |
| Minnie Hartmann Center | The Lucy 40% | 2BR,1BA | $931 |
Best Value Apartments for Rent in Wallace Crossing, IN
As of January 08, 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 H Model at Historic Irvington Flats starting at $1,154 with a $1.23 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 |
| Historic Irvington Flats | H | 1BR,1BA | $1.23 |
| The Aerie on 11th Street | 2 Bedroom 1 Bath - 20349 | 2BR,1BA | $0.87 |
| Minnie Hartmann Center | The Alma 50% | 2BR,1BA | $1.48 |
| The Courts Apartment Homes | 1x1 Classic | 1BR,1BA | $1.45 |
Frequently Asked Questions about Cheap Wallace Crossing Apartments
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
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.
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.
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.
Articles, How-To's, and Tips
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!