
Cheap Homes for Rent in Wellington Park Heights Neighborhood of Indianapolis, IN from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Wellington Park Heights area of Indianapolis.


6721 Riverfront Ave, Unit Studio, Unit Studio

945 Fox Hill Dr
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.

5169 Caroline Ave

73 W Westfield Blvd

857 Indigo Way
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.
Wellington Park Heights, Indianapolis, IN Local Guide

How much does it cost to rent a home in Wellington Park Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wellington Park Heights 2 Bedroom Homes for Rent | $1,556 | $1,250 | $2,000 |
| Wellington Park Heights 3 Bedroom Homes for Rent | $2,037 | $1,495 | $3,100 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Wellington Park Heights Neighborhood of Indianapolis, IN.
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Wellington Park Heights, Indianapolis, IN Local Guide
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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. Broad Ripple Trails has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Wellington Park Heights apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Glenstone Studios | Studio | Studio,1BA | $649 |
| Broad Ripple Trails | STUD-S | Studio,1BA | $799 |
| The Meridian North and South | A7S South | 1BR,1BA | $819 |
Best Value Apartments for Rent in Wellington Park Heights, IN
As of April 15, 2026 the best value apartment in the Wellington Park Heights area is the $1.03 price per square foot Lilac Model at Everly at Meridian Hills in the in the Faith Knoll neighborhood starting from $1,439. The second greatest value Wellington Park Heights apartment is the The Newburgh Model at Private Reserve Townhomes starting at $1,379 with a $1.07 price per square foot in the Spring Arbor neighborhood. Here is today’s list of the best values for Wellington Park Heights apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Everly at Meridian Hills | Lilac | 2BR,2BA | $1.03 |
| Private Reserve Townhomes | The Newburgh | 2BR,1.5BA | $1.07 |
| Edison at Meridian Hills | 2 Bedroom 1.5 Bath Townhome | 2BR,1.5BA | $1.26 |
| Jade North Apartments | Plan E | 3BR,1.5BA | $1.12 |
| Edgewater Apartments | 2 Bedroom | 2BR,2BA | $1.41 |
| The Jameson | Ontario | 2BR,2BA | $1.43 |
| The Grove on Harcourt | 1x1,5 Large Classic | 1BR,1.5BA | $1.12 |
| The Meridian North and South | B1S North | 2BR,1BA | $1.37 |
| Woodlake | One Bedroom Apartment | 1BR,1BA | $1.49 |
| Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.35 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 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 LifestyleWellington Park Heights, Indianapolis, IN
Ranked #87
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Wellington Park Heights
What type of rentals are currently available in Wellington Park Heights?
There are currently 70 Apartments for Rent in Wellington Park Heights, IN with pricing that ranges from $649 to $5,829. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wellington Park Heights ranging from $649 to $3,100.
What is the current price range for Rental Homes in Wellington Park Heights?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wellington Park Heights ranges from $649 to $3,100 with an average monthly rent of $1,453.
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.