Cheap Apartments for Rent in the Wallace Crossing Neighborhood of Indianapolis, IN from $300 (8 Rentals)

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

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Colonial Park
1 to 2 Bedroom Apartments

Colonial Park

4421 E Washington StIndianapolis, IN 46201
  • Utilities Included
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SUITES OF IRVINGTON
Studio to 2 Bedroom Apartments

SUITES OF IRVINGTON

5730 E Washington StIndianapolis, IN 46219

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Helen Louise Apartments
1 Bedroom Apartments

Helen Louise Apartments

5822 E Washington StIndianapolis, IN 46219
  • Utilities Included

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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 ListingModel NameBed/BathPriced From
The Aerie on 11th Street2 Bedroom 1 Bath - 331792BR,1BA$775
The Courts Apartment Homes1x1 Classic1BR,1BA$799
50 - SAXONY COURT APARTMENTSSaxony 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 ListingModel NameBed/BathPrice Per Sq.Ft.
7302 East Washington Street, Unit A7302 East Washington StreetStudio ,1.5BA$1.04
The Aerie on 11th Street2 Bedroom 1 Bath - 203492BR,1BA$0.87
Minnie Hartmann CenterThe Alma 50%2BR,1BA$1.48
50 - SAXONY COURT APARTMENTSSaxony Court- Two Bedroom Upgraded Unit in the ...2BR,1BA$1.15
The Courts Apartment Homes1x1 Classic1BR,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.

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