
Cheap Homes for Rent in Wanamaker Neighborhood of Indianapolis, IN from $1,600 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Wanamaker area of Indianapolis.

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.

7651 Lara Lee Dr
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.

9732 Evening Sky Way
Wanamaker, Indianapolis, IN Local Guide

How much does it cost to rent a home in Wanamaker?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wanamaker 3 Bedroom Homes for Rent | $2,127 | $1,685 | $2,570 |
| Wanamaker 4 Bedroom Homes for Rent | $2,278 | $2,035 | $2,500 |
Explore Indianapolis
Best Value Apartments for Rent in Wanamaker, IN
As of April 13, 2026 the best value apartment in the Wanamaker area is the $1.69 price per square foot A1-SR Model at The 85Twenty in the in the Southeast Indianapolis neighborhood starting from $1,304. The second greatest value Wanamaker apartment is the 1 Bed 1 Bath Model at Heathmoore - Indianapolis starting at $1,105 with a $1.92 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Wanamaker apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The 85Twenty | A1-SR | 1BR,1BA | $1.69 |
| Heathmoore - Indianapolis | 1 Bed 1 Bath | 1BR,1BA | $1.92 |
Frequently Asked Questions about Wanamaker
What type of rentals are currently available in Wanamaker?
There are currently 9 Apartments for Rent in Wanamaker, IN with pricing that ranges from $780 to $3,525. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wanamaker ranging from $1,685 to $2,570.
What is the current price range for Rental Homes in Wanamaker?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wanamaker ranges from $1,685 to $2,570 with an average monthly rent of $2,202.
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.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.