
Cheap Apartments for Rent in the West Wayne Neighborhood of Indianapolis, IN from $400 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the West Wayne area of Indianapolis.


Ashgrove Apartments

Pinnacle West

The Boardwalk at Westlake Apartments and Townhomes

Darby Court
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.

Stanford Court
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.
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 | $878 | $750 | $1,090 |
West Wayne 1 Bedroom Apartments | $1,061 | $707 | $2,585 |
West Wayne 2 Bedroom Apartments | $1,351 | $945 | $2,895 |
West Wayne 3 Bedroom Apartments | $1,769 | $1,299 | $4,131 |
West Wayne 4 Bedroom Apartments | $1,724 | $1,724 | $1,724 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the West Wayne Neighborhood of Indianapolis, IN.
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West Wayne, Indianapolis, IN Local Guide
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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 Ashgrove Apartments priced from $750. Pinnacle West has the second lowest priced unit, which is a Studio apartment currently listed from $759. Here are the most affordable West Wayne apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ashgrove Apartments | Studio | Studio,1BA | $750 |
Pinnacle West | Studio | Studio,1BA | $759 |
The Boardwalk at Westlake Apartments and Townhomes | Studio - 467 sqft | Studio,1BA | $770 |
The Legend at Speedway | A1 | 1BR,1BA | $786 |
Northwoods Apartments | Leif | Studio,1BA | $895 |
Best Value Apartments for Rent in West Wayne, IN
As of October 12, 2025 the best value apartment in the West Wayne area is the $1.45 price per square foot Eureka Model at Residences on Ronald Reagan in the in the West Wayne neighborhood starting from $1,732. The second greatest value West Wayne apartment is the 3x2 Model at The Hills Apartment Homes starting at $1,299 with a $1.21 price per square foot in the Westside Indianapolis 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. |
---|---|---|---|
Residences on Ronald Reagan | Eureka | 2BR,2BA | $1.45 |
The Hills Apartment Homes | 3x2 | 3BR,2BA | $1.21 |
Wyckford Commons | The Valentino | 2BR,2BA | $1.31 |
Sebring Court | Two Bedroom Two Bathroom (C3M) | 2BR,2BA | $0.99 |
10 West Apartments | The Broadway | 2BR,2BA | $1.31 |
Ashton Pointe | Two Bedroom Apartment | 2BR,1BA | $1.40 |
The Maywood at Speedway | The Santa Maria | 2BR,1.5BA | $1.29 |
Covington Square | Two Bedroom One Bath | 2BR,1BA | $1.42 |
The Legend at Speedway | A1 | 1BR,1BA | $1.38 |
Pinnacle West | Studio | Studio ,1BA | $1.38 |
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Pet Friendly LifestyleWest Wayne, Indianapolis, IN
Ranked #127
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 the Cheapest Studio apartment in West Wayne?
Currently the most affordable Cheap Studio Apartment in West Wayne is at Ashgrove Apartments listed at $750.
How much is rent for a Cheap One Bedroom West Wayne Apartment?
The lowest price for a Cheap One Bedroom West Wayne Apartment is $786 at The Legend at Speedway.
What is the lowest price for a Cheap Two Bedroom West Wayne Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in West Wayne is starting from $945 at Ashgrove Apartments.
What is the most affordable West Wayne Three Bedroom Apartment?
The best deal on a cheap West Wayne Three Bedroom Apartment rental is at The Hills Apartment Homes and starts from $1,299.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.