Cheap Apartments for Rent in the West Wayne Neighborhood of Indianapolis, IN from $400 (38 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the West Wayne area of Indianapolis.

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.

Read Article

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
close
View Me
Wynbrooke Senior Apartments
Rent Specials
$1,270 - $1,665
Total Monthly Price

Total Monthly Price

Base Rent
$1,270 - $1,665
Total Monthly Price
$1,270 - $1,665
1 to 2 Bedroom Apartments Available Now

Wynbrooke Senior Apartments

10318 E County Road 200 NIndianapolis, IN 46234
Senior Living
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Addison Creek
1 to 4 Bedroom Apartments

Addison Creek

58 Port Ocall DrIndianapolis, IN 46224
  • Utilities Included
close
View Me
Remington on Rockville
1 to 3 Bedroom Apartments

Remington on Rockville

7455 Rockleigh AveIndianapolis, IN 46214
  • Utilities Included
close
View Me
Sebring Court
1 to 3 Bedroom Apartments

Sebring Court

1902 Parsons DrIndianapolis, IN 46224

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

Read Article
close
View Me
Mariwood
2 to 4 Bedroom Apartments

Mariwood

9231 Mariwood PkyIndianapolis, IN 46234
  • Utilities Included
close
View Me
Northwoods Apartments
Studio to 2 Bedroom Apartments

Northwoods Apartments

816 Winding Brook East DrIndianapolis, IN 46234
close
View Me
10 West Apartments
1 to 3 Bedroom Apartments

10 West Apartments

7855 Cimarron TrlIndianapolis, IN 46214
Corporate Housing
close
View Me
Wyckford Commons
1 to 3 Bedroom Apartments

Wyckford Commons

7777 Wyckford CtIndianapolis, IN 46214
Corporate Housing

West Wayne - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Read Article
close
View Me
The Legend at Speedway
1 to 2 Bedroom Apartments

The Legend at Speedway

2202 Fair Oaks DrSpeedway, IN 46224
Corporate Housing
Showing Results 1-38, Page 1 of 1

West Wayne, Indianapolis, IN Local Guide

Cheapest Available West Wayne Apartments for Rent

 

The cheapest available apartment rental in the West Wayne area of Indianapolis, IN is a Studio unit found at The Boardwalk at Westlake Apartments and Townhomes priced from $750. Pinnacle West has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable West Wayne apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Boardwalk at Westlake Apartments and TownhomesStudio - 467 sqftStudio,1BA$750
Pinnacle WestOne Bedroom1BR,1BA$750
The Legend at SpeedwayA11BR,1BA$799
Darby CourtStandard One Bedroom (S5)1BR,1BA$881
The Park at Greenhill1 Bedroom, 1 Bath 654 SF - Creek Side1BR,1BA$901
The Maywood at SpeedwayThe Napoli1BR,1BA$915
The Hills Apartment Homes1x1 Classic1BR,1BA$949
10 West ApartmentsThe Abbey1BR,1BA$976
Ashton PointeOne Bedroom Apartment1BR,1BA$986
Carriage House WestThe Windsor1BR,1BA$995

Best Value Apartments for Rent in West Wayne, IN

As of July 21, 2026 the best value apartment in the West Wayne area is the $1.00 price per square foot The Kenai Model at Chapel Hill Apartments in the in the West Wayne neighborhood starting from $1,455. The second greatest value West Wayne apartment is the Newport 1 Model at Runaway Bay Apartments starting at $1,520 with a $1.35 price per square foot in the Cheswick Place neighborhood. Here is today’s list of the best values for West Wayne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chapel Hill ApartmentsThe Kenai2BR,1.5BA$1.00
Runaway Bay ApartmentsNewport 12BR,2BA$1.35
Ashton PointeThree Bedroom Townhome3BR,1.5BA$1.43
Carriage House WestThe Kincaid2BR,1.5BA$1.35
The HermitageThe Hideaway2BR,1BA$1.48
Residences on Ronald ReaganDutch1BR,1BA$1.43
10 West ApartmentsThe Abbey1BR,1BA$1.24
The Maywood at SpeedwayThe Napoli1BR,1BA$1.28
The Legend at SpeedwayA11BR,1BA$1.40
Pinnacle WestStudioStudio ,1BA$1.38

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 Article
Decorative image

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

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Best Local Schools in
West Wayne, Indianapolis, IN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Indianapolis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, pet-friendly features, places that make kids happy, 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 West Wayne Apartments

What is a cheap apartment in West Wayne?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in West Wayne is under $995.

What is the price of a cheap apartment in West Wayne?

The cheapest apartment in West Wayne is Pinnacle West which is listed at $750, while the average apartment in West Wayne costs $1,719.

What types of apartments are the cheapest in West Wayne?

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 75 regular apartments in West Wayne 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 West Wayne?

Cheap apartments in West Wayne have an average cost of $413 which is $1,306 cheaper than the average rent for all rentals in West Wayne.

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

decorative image for Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home article

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.

decorative image for Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods article

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.

decorative image for Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters article

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.

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

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.