
Cheap Homes for Rent in Wellington Park Heights Neighborhood of Indianapolis, IN from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Wellington Park Heights area of Indianapolis.


945 Fox Hill Dr

6721 Riverfront Ave, Unit Studio
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

2011 W Kessler Blvd N Dr

73 W Westfield Blvd
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.

5169 Caroline Ave
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 | $1,738 | $999 | $2,400 |
| Wellington Park Heights 3 Bedroom Homes for Rent | $2,137 | $1,375 | $3,200 |
| Wellington Park Heights 4 Bedroom Homes for Rent | $2,618 | $2,610 | $2,635 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Wellington Park Heights Neighborhood of Indianapolis, IN.
Explore Indianapolis
Wellington Park Heights, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Reflections Apartments 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 |
| Reflections Apartments | Expressions | Studio,1BA | $799 |
| The Meridian North and South | A8S South | 1BR,1BA | $809 |
Best Value Apartments for Rent in Wellington Park Heights, IN
As of May 31, 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 2 Bedroom 1.5 Bath Townhome Model at Edison at Meridian Hills starting at $1,579 with a $1.26 price per square foot in the Faith Knoll 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. |
|---|---|---|---|
| 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 |
| Broad Ripple Trails | 2BR-L Rehab Village | 2BR,1BA | $1.44 |
| The Grove on Harcourt | 1x1,5 Upgrade | 1BR,1.5BA | $1.19 |
| Willow Brook | Two Bedroom One Bath | 2BR,1BA | $1.40 |
| Woodlake | One Bedroom Apartment | 1BR,1BA | $1.43 |
| The Meridian North and South | A2R North | 1BR,1BA | $1.53 |
| Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.35 |
| Monon Walk Apartments | Studio | Studio ,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.
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 LifestyleWellington Park Heights, Indianapolis, IN
Ranked #113
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Wellington Park Heights
What type of rentals are currently available in Wellington Park Heights?
There are currently 69 Apartments for Rent in Wellington Park Heights, IN with pricing that ranges from $649 to $5,104. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wellington Park Heights ranging from $999 to $3,200.
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 $999 to $3,200 with an average monthly rent of $1,826.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.