Cheap Apartments for Rent in the Wynnedale Spring Hill Neighborhood of Indianapolis, IN from $500 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
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 Wynnedale Spring Hill area of Indianapolis.

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.

Read Article

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.

Read Article
close
View Me
Charmwood Terrace
Studio to 2 Bedroom Apartments

Charmwood Terrace

3419 N Pennsylvania StIndianapolis, IN 46205

Cash 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 Article
Showing Results 1-16, Page 1 of 1

Cheapest Available Wynnedale Spring Hill Apartments for Rent

 

The cheapest available apartment rental in the Wynnedale Spring Hill area of Indianapolis, IN is a Studio unit found at Meridian Towers priced from $629. 34 North Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Wynnedale Spring Hill apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Meridian TowersStudio ApartmentStudio,1BA$629
34 North ApartmentsStudioStudio,1BA$725
Rosewood CommonsStudioStudio,1BA$749
The MeridianThe PennStudio,1BA$799
Parkway1 Bedroom1BR,1BA$799

Best Value Apartments for Rent in Wynnedale Spring Hill, IN

As of June 22, 2026 the best value apartment in the Wynnedale Spring Hill area is the $1.25 price per square foot 7178B1 Traditional 2x2 (1100 sqft) Model at Mansion Row Apartments in the in the Cheswick Place neighborhood starting from $1,379. The second greatest value Wynnedale Spring Hill apartment is the 2 Bedroom 2 Bathroom Model at Wildwood Village Apartments starting at $1,135 with a $1.07 price per square foot in the Cheswick Place neighborhood. Here is today’s list of the best values for Wynnedale Spring Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mansion Row Apartments7178B1 Traditional 2x2 (1100 sqft)2BR,2BA$1.25
Wildwood Village Apartments2 Bedroom 2 Bathroom2BR,2BA$1.07
The Fields Apartment Homes2x2 Classic2BR,2BA$1.05
The Star2 Bed2BR,1BA$0.76
The Riverside Apartment Homes2x1,5 Townhome Upgrade2BR,1.5BA$1.30
The Life at Creekside ReserveJUNIPER2BR,1.5BA$1.23
828 W Roache St, Unit TBD828 W Roache St2BR,1BA$1.23
Woods at Oak CrossingOne Bedroom One Bath1BR,1BA$1.14
Maple Court2 Bed Original2BR,1BA$1.23
WoodbrookThe Pine1BR,1BA$1.33

Frequently Asked Questions about Cheap Wynnedale Spring Hill Apartments

What is a cheap apartment in Wynnedale Spring Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Wynnedale Spring Hill is under $880.

What is the price of a cheap apartment in Wynnedale Spring Hill?

The cheapest apartment in Wynnedale Spring Hill is Meridian Towers which is listed at $699, while the average apartment in Wynnedale Spring Hill costs $2,475.

What types of apartments are the cheapest in Wynnedale Spring Hill?

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 37 regular apartments in Wynnedale Spring Hill 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 Wynnedale Spring Hill?

Cheap apartments in Wynnedale Spring Hill have an average cost of $432 which is $2,043 cheaper than the average rent for all rentals in Wynnedale Spring Hill.

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 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.

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 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 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.

Articles, How-To's, and Tips

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.