
Cheap Homes for Rent in Wallace Crossing Neighborhood of Indianapolis, IN from $500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Wallace Crossing area of Indianapolis.


1106 N Gale St

1036 N Tuxedo St

263 S Chester Ave

4537 Fletcher Ave

1038 N Tuxedo St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

833 N Gladstone Ave

5143 Washington St

201 S Emerson Ave

821 N Bradley Ave

4919 Orion Ave

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

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

How much does it cost to rent a home in Wallace Crossing?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wallace Crossing 2 Bedroom Homes for Rent | $1,203 | $850 | $1,700 |
| Wallace Crossing 3 Bedroom Homes for Rent | $1,432 | $975 | $2,800 |
| Wallace Crossing 4 Bedroom Homes for Rent | $1,647 | $1,295 | $2,000 |
| Wallace Crossing 6 Bedroom Homes for Rent | $1,450 | $1,450 | $1,450 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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 2 Beds unit found at The Courts Apartment Homes priced from $929. 412 N Bradley Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here are the most affordable Wallace Crossing apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Courts Apartment Homes | 2x1 Classic | 2BR,1BA | $929 |
| 412 N Bradley Ave | 2 Beds, 1 Baths | 2BR,1BA | $950 |
| Saxony Court | Saxony 2 Bd Remodel | 2BR,1BA | $989 |
| Eastgate Terrace Apartments | 2 Bed Elegance | 2BR,1BA | $1,095 |
| Minnie Hartman | The Lillie 50% | 2BR,1BA | $1,136 |
Best Value Apartments for Rent in Wallace Crossing, IN
As of June 19, 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 |
| 3312 E 9th St, Unit 3312 | 3312 E 9th St | 3BR,2BA | $1.27 |
| 3310 E 9th St, Unit 3310 E 9th | 3310 E 9th St | 3BR,2BA | $2.18 |
| Eastgate Terrace Apartments | 2 Bed Elegance | 2BR,1BA | $1.37 |
| The Courts Apartment Homes | 2x1 Classic | 2BR,1BA | $1.19 |
| Saxony Court | Saxony 2 Bd Remodel | 2BR,1BA | $1.30 |
| 412 N Bradley Ave | 2 Beds, 1 Baths | 2BR,1BA | $1.36 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
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.
Read ArticleQuick 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.
Pet Friendly LifestyleWallace Crossing, Indianapolis, IN
Ranked #242
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Wallace Crossing
What type of rentals are currently available in Wallace Crossing?
There are currently 100 Apartments for Rent in Wallace Crossing, IN with pricing that ranges from $595 to $2,723. There are also 69 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wallace Crossing ranging from $525 to $2,800.
What is the current price range for Rental Homes in Wallace Crossing?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wallace Crossing ranges from $525 to $2,800 with an average monthly rent of $1,135.
How much are larger Three and Four Bedroom Rentals in Wallace Crossing?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Wallace Crossing range from $950 to $2,723, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $1,775.
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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