
Cheap Homes for Rent in Willow Springs Neighborhood of Indianapolis, IN from $500 (28 Rentals)
Search the lowest-cost Homes available for rent right now in the Willow Springs area of Indianapolis.


320 N Sherman Dr

890 N Gladstone Ave

805 Jefferson Ave

1106 N Gale St

415 N Oxford St

1540 N Grant Ave
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.

1538 N Grant Ave

1036 N Tuxedo St

937-939 N Drexel Ave

927 N Chester Ave

1510 N Gladstone Ave

896 N Gladstone Ave

1450 N Gladstone Ave
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.

1114 N Dearborn St

2211 E New York St, Unit B

1450 N Gladstone Ave

1230 N Kealing Ave

1306 N Chester Ave

1308 N Chester Ave

245 S Randolph St
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.

1301-1303 N Rural St

835 N Gladstone Ave

833 N Gladstone Ave

247 S Randolph St

413 N Oxford St

628 N Oxford St

1531 N Grant Ave
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.
Willow Springs, Indianapolis, IN Local Guide

How much does it cost to rent a home in Willow Springs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Willow Springs 2 Bedroom Homes for Rent | $1,249 | $800 | $2,125 |
| Willow Springs 3 Bedroom Homes for Rent | $1,472 | $1,175 | $3,600 |
| Willow Springs 4 Bedroom Homes for Rent | $1,847 | $1,295 | $2,300 |
| Willow Springs 5 Bedroom Homes for Rent | $3,720 | $2,940 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 28 rentals with your search options within a 1 mile radius of the Willow Springs Neighborhood of Indianapolis, IN.
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Willow Springs, Indianapolis, IN Local Guide
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Cheapest Available Willow Springs Apartments for Rent
 The cheapest available apartment rental in the Willow Springs area of Indianapolis, IN is a 1 Bed unit found at Colonial Park priced from $850. The Courts Apartment Homes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $919. Here are the most affordable Willow Springs apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colonial Park | 1 Bed, 1 bath | 1BR,1BA | $850 |
| The Courts Apartment Homes | 2x1 Classic | 2BR,1BA | $919 |
| Minnie Hartman | The Lillie 50% | 2BR,1BA | $1,147 |
Best Value Apartments for Rent in Willow Springs, IN
As of April 22, 2026 the best value apartment in the Willow Springs area is the $2.18 price per square foot 3310 E 9th St Model at 3310 E 9th St, Unit 3310 E 9th in the in the Martindale neighborhood starting from $2,400. The second greatest value Willow Springs apartment is the The Lillie 60% Model at Minnie Hartman starting at $1,190 with a $1.36 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Willow Springs apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3310 E 9th St, Unit 3310 E 9th | 3310 E 9th St | 3BR,2BA | $2.18 |
| Minnie Hartman | The Lillie 60% | 2BR,1BA | $1.36 |
| The Courts Apartment Homes | 2x1 Classic | 2BR,1BA | $1.18 |
| Colonial Park | 1 Bed, 1 bath | 1BR,1BA | $1.55 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 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 LifestyleWillow Springs, Indianapolis, IN
Ranked #236
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Willow Springs
What type of rentals are currently available in Willow Springs?
There are currently 67 Apartments for Rent in Willow Springs, IN with pricing that ranges from $775 to $2,400. There are also 115 Single Family Homes for rent, Condos, and Townhome rentals currently available in Willow Springs ranging from $500 to $4,500.
What is the current price range for Rental Homes in Willow Springs?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Willow Springs ranges from $500 to $4,500 with an average monthly rent of $1,617.
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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.