Cheap Apartments for Rent in the Wellington Park Heights Neighborhood of Indianapolis, IN from $600 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Wellington Park Heights 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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 1857 W 60th St

$1,099

2 Bedroom Rentals

Available Now

1857 W 60th St

IndianapolisIN46228

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Shore Acres
Studio to 3 Bedroom Apartments

Shore Acres

1105 Westfield Ct WIndianapolis, IN 46240
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Reflections Apartments
Studio to 3 Bedroom Apartments

Reflections Apartments

7999 Silverleaf DrIndianapolis, IN 46260
Corporate Housing
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The Meridian North
1 to 3 Bedroom Apartments

The Meridian North

2100 Westlane RdIndianapolis, IN 46260
Corporate Housing
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The Jameson
1 to 2 Bedroom Apartments

The Jameson

1854 Century WayIndianapolis, IN 46260

Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

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Showing Results 1-43, Page 1 of 1

Wellington Park Heights, Indianapolis, IN Local Guide

Cheapest Available Wellington Park Heights Apartments for Rent

 

The cheapest available apartment rental in the Wellington Park Heights area of Indianapolis, IN is a Studio unit found at Glenstone Studios priced from $649. The Meridian North and South has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Wellington Park Heights apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Glenstone StudiosStudioStudio,1BA$649
The Meridian North and SouthA7S South1BR,1BA$799
Reflections ApartmentsReplicaStudio,1BA$799
Monon Walk ApartmentsStudioStudio,1BA$810
LandmarkRanierStudio,1BA$870
Lincolnshire ApartmentsStudio Upper LevelsStudio,1BA$875
Carrollton Manor Apartments1 Bed 1 Bath Unfurnished1BR,1BA$900
Wellington Square Apartments1BR/1BA1BR,1BA$926
Broad Ripple Trails1BR-U Commons1BR,1BA$929
Meridian Lakes1Bed/1Ba-Up (C)1BR,1BA$944

Best Value Apartments for Rent in Wellington Park Heights, IN

As of May 22, 2026 the best value apartment in the Wellington Park Heights area is the $1.07 price per square foot The Newburgh Model at Private Reserve Townhomes in the in the Spring Arbor neighborhood starting from $1,379. The second greatest value Wellington Park Heights apartment is the Plan E Model at Jade North Apartments starting at $1,275 with a $1.12 price per square foot in the Nora neighborhood. Here is today’s list of the best values for Wellington Park Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
Jade North ApartmentsPlan E3BR,1.5BA$1.12
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.29
Broad Ripple Trails2BR-L Rehab Village2BR,1BA$1.49
The Grove on Harcourt1x1,5 Upgrade1BR,1.5BA$1.19
The Meridian North and SouthB1S North2BR,1BA$1.26
Park Place Apartments1 Bedroom Remodeled1BR,1BA$1.53
WoodlakeOne Bedroom Apartment1BR,1BA$1.46
Wellington Square Apartments1BR/1BA1BR,1BA$1.35
Monon Walk ApartmentsStudioStudio ,1BA$1.35

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.

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Your 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

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Real 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.

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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.

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Pet Friendly Lifestyle
Wellington Park Heights, Indianapolis, IN

Ranked #109

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States and customized analysis for North Indianapolis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and proximity to parks, pet-friendly features, features that make it easier to raise kids, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Wellington Park Heights Apartments

What is a cheap apartment in Wellington Park Heights?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Wellington Park Heights is under $944.

What is the price of a cheap apartment in Wellington Park Heights?

The cheapest apartment in Wellington Park Heights is The Meridian North and South which is listed at $799, while the average apartment in Wellington Park Heights costs $1,431.

What types of apartments are the cheapest in Wellington Park Heights?

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 17 regular apartments in Wellington Park Heights that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Wellington Park Heights?

Cheap apartments in Wellington Park Heights have an average cost of $139 which is $1,292 cheaper than the average rent for all rentals in Wellington Park Heights.

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

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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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Articles, How-To's, and Tips

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

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