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Cheap Homes for Rent in West Wayne Neighborhood of Indianapolis, IN from $1,500 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the West Wayne area of Indianapolis.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
1305 N Banner Ave
IndianapolisIN46214
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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West Wayne, Indianapolis, IN Local Guide
How much does it cost to rent a home in West Wayne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| West Wayne 3 Bedroom Homes for Rent | $1,705 | $1,515 | $1,910 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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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Best Value Apartments for Rent in West Wayne, IN
As of July 25, 2025 the best value apartment in the West Wayne area is the $1.34 price per square foot Three Bedroom Townhome Model at Ashton Pointe in the in the Speedway Wellhead neighborhood starting from $1,488. The second greatest value West Wayne apartment is the The Cadwell Model at Wyckford Commons starting at $1,499 with a $1.38 price per square foot in the Speedway Wellhead 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. |
|---|---|---|---|
| Ashton Pointe | Three Bedroom Townhome | 3BR,1.5BA | $1.34 |
| Wyckford Commons | The Cadwell | 2BR,1.5BA | $1.38 |
| 10 West Apartments | The Broadway | 2BR,2BA | $1.31 |
| Eagle Creek Court | Two Bedroom Two Bathroom (C3M) | 2BR,2BA | $1.04 |
| Residences on Ronald Reagan | Dutch | 1BR,1BA | $1.43 |
| Covington Square | Two Bedroom One Bath | 2BR,1BA | $1.40 |
| Hills Apartments | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.20 |
| The Maywood at Speedway | The Vesuvio | 1BR,1BA | $1.46 |
| The Legend at Speedway | A1 | 1BR,1BA | $1.38 |
| Pinnacle West | Studio | Studio ,1BA | $1.38 |
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Frequently Asked Questions about West Wayne
What type of rentals are currently available in West Wayne?
There are currently 46 Apartments for Rent in West Wayne, IN with pricing that ranges from $689 to $3,567. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in West Wayne ranging from $1,515 to $1,910.
What is the current price range for Rental Homes in West Wayne?
Today's rental pricing for Homes for Rent, Condos and Townhomes in West Wayne ranges from $1,515 to $1,910 with an average monthly rent of $1,705.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.