
Cheap Homes for Rent in Springdale Neighborhood of Indianapolis, IN from $500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Springdale area of Indianapolis.


3121 E Michigan St

1102 N Oakland Ave, Unit 1bd

1036 Tuxedo St

1524 N Tacoma Ave

850 N Dearborn St

2962 N Olney St

840 N Rural St

1106 N Gale St

212 N Oakland Ave
Springdale
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
Springdale, Indianapolis, IN Local Guide

How much does it cost to rent a home in Springdale?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Springdale 2 Bedroom Homes for Rent | $1,152 | $595 | $2,000 |
Springdale 3 Bedroom Homes for Rent | $1,740 | $1,150 | $3,000 |
Springdale 4 Bedroom Homes for Rent | $1,664 | $1,399 | $1,995 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 1 mile radius of the Springdale Neighborhood of Indianapolis, IN.
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Springdale, Indianapolis, IN Local Guide
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Cheapest Available Springdale Apartments for Rent
 The cheapest available apartment rental in the Springdale area of Indianapolis, IN is a 2 Beds unit found at Minnie Hartmann Center priced from $1,092. The Assembly has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. Here are the most affordable Springdale apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Minnie Hartmann Center | The Alma 50% | 2BR,1BA | $1,092 |
The Assembly | Cylinder - Workforce | 1BR,1BA | $1,175 |
Artistry Indy | Edie (EcoSuite) | Studio,1BA | $1,176 |
Best Value Apartments for Rent in Springdale, IN
As of March 28, 2025 the best value apartment in the Springdale area is the $1.14 price per square foot 352 N Arsenal Ave Model at 352 N Arsenal Ave in the in the Riley neighborhood starting from $2,050. The second greatest value Springdale apartment is the 876 Woodruff Place West Drive Model at 876 Woodruff Place West Drive, Unit Rear starting at $1,799 with a $1.34 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Springdale apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
352 N Arsenal Ave | 352 N Arsenal Ave | 3BR,1.5BA | $1.14 |
876 Woodruff Place West Drive, Unit Rear | 876 Woodruff Place West Drive | 1BR,1BA | $1.34 |
Ardmore Apartments | B3- 2 Bedroom | 2BR,2.5BA | $2.16 |
Minnie Hartmann Center | The Alma 50% | 2BR,1BA | $1.37 |
Wesmont | One Bedroom - Polka Dots and Moonbeams | 1BR,1BA | $1.69 |
Pinnex | A2 | 1BR,1BA | $2.12 |
Circa Apartments | Historic Loft B | 1BR,1BA | $2.78 |
The Assembly | Sprocket | 1BR,1BA | $2.24 |
CityWay | Clark | 1BR,1BA | $2.50 |
Gathyr Apartments | Bell | Studio ,1BA | $2.32 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Springdale
What type of rentals are currently available in Springdale?
There are currently 60 Apartments for Rent in Springdale, IN with pricing that ranges from $695 to $8,137. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Springdale ranging from $595 to $3,000.
What is the current price range for Rental Homes in Springdale?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Springdale ranges from $595 to $3,000 with an average monthly rent of $1,339.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.