close
View Me
Rent Specials
$750 - $1,550Studio to 2 Bedroom Apartments Available Now
Pinnacle West
230 Welcome Way BlvdIndianapolis, IN 46214
Cheap Apartments for Rent in the West Wayne Neighborhood of Indianapolis, IN from $494 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the West Wayne area of Indianapolis.
close
View Me
Rent Specials
$750 - $2,999Studio to 3 Bedroom Apartments Available Now
The Boardwalk at Westlake Apartments and Townhomes
6000 Westlake DrIndianapolis, IN 46224
close
View Me
$750 - $1,025Studio to 2 Bedroom Apartments Contact Us For Availability
Ashgrove Apartments
1211 Ginger CtIndianapolis, IN 46241
close
View Me
$767 - $1,3061 to 2 Bedroom Apartments Available Now
Eagle Creek Court
2148 Augusta Dr EIndianapolis, IN 46224
close
View Me
1 to 4 Bedroom Apartments
Addison Creek
58 Port Ocall DrIndianapolis, IN 46224
close
View Me
1 to 3 Bedroom Apartments
Cloverleaf Apartments & Townhomes
835 Cloverleaf TerIndianapolis, IN 46241
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.
close
View Me
Studio to 3 Bedroom Apartments
Pinewood Village Apartments
5402 Norfolk WayIndianapolis, IN 46224
close
View Me
1 to 3 Bedroom Apartments
Remington on Rockville
7455 Rockleigh AveIndianapolis, IN 46214
close
View Me
1 to 3 Bedroom Apartments
Sebring Court
1902 Parsons DrIndianapolis, IN 46224
close
View Me
2 to 4 Bedroom Apartments
Mariwood
9231 Mariwood PkyIndianapolis, IN 46234
close
View Me
Rent Specials
$773 - $1,4281 to 2 Bedroom Apartments Contact Us For Availability
Stanford Court
1815 Foyt DrSpeedway, IN 46224
close
View Me
1 to 2 Bedroom Apartments
The Legend at Speedway
2202 Fair Oaks DrSpeedway, IN 46224
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.
Showing Results 1-12, Page 1 of 1
West Wayne, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in West Wayne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| West Wayne Studio Apartments | $875 | $750 | $1,139 |
| West Wayne 1 Bedroom Apartments | $1,053 | $750 | $2,484 |
| West Wayne 2 Bedroom Apartments | $1,343 | $945 | $2,487 |
| West Wayne 3 Bedroom Apartments | $1,690 | $1,365 | $3,314 |
| West Wayne 4 Bedroom Apartments | $1,719 | $1,663 | $1,776 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the West Wayne Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
West Wayne, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available West Wayne Apartments for Rent
The cheapest available apartment rental in the West Wayne area of Indianapolis, IN is a 1 Bed 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Boardwalk at Westlake Apartments and Townhomes | One Bedroom - 617 sqft | 1BR,1BA | $750 |
| Pinnacle West | One Bedroom | 1BR,1BA | $750 |
| Eagle Creek Court | Standard One Bedroom (SN1) | 1BR,1BA | $779 |
| The Legend at Speedway | A1 | 1BR,1BA | $799 |
| 5911 W 25th St | 1 Bed 1 Bath - Speedway 5911 | 1BR,1BA | $849 |
Best Value Apartments for Rent in West Wayne, IN
As of September 04, 2026 the best value apartment in the West Wayne area is the $1.00 price per square foot The Pinnacle Model at Chapel Hill Apartments in the in the West Wayne neighborhood starting from $1,475. The second greatest value West Wayne apartment is the Newport 1 Model at Runaway Bay Apartments starting at $1,489 with a $1.32 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Chapel Hill Apartments | The Pinnacle | 2BR,1.5BA | $1.00 |
| Runaway Bay Apartments | Newport 1 | 2BR,2BA | $1.32 |
| Darby Court | Two Bedroom One Bathroom (CN1) | 2BR,1BA | $1.19 |
| The Maywood at Speedway | The Santa Maria | 2BR,1.5BA | $1.32 |
| Residences on Ronald Reagan | Dutch | 1BR,1BA | $1.38 |
| Carriage House West | The Addison | 2BR,1BA | $1.34 |
| 10 West Apartments | The Abbey | 1BR,1BA | $1.24 |
| The Hermitage | The Retreat | 1BR,1BA | $1.40 |
| The Legend at Speedway | A1 | 1BR,1BA | $1.40 |
| Pinnacle West | Studio | Studio ,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
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Article
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.
Let everyone know!
Do you know the West Wayne area?
If you’re an expert on all things West Wayne, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 $971.
What is the price of a cheap apartment in West Wayne?
The cheapest apartment in West Wayne is The Boardwalk at Westlake Apartments and Townhomes which is listed at $750, while the average apartment in West Wayne costs $1,251.
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 73 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 $357 which is $894 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
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.
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.
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.
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
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.