25 S Emerson Ave
IndianapolisIN46219
Cheap Apartments for Rent in the Wallace Crossing Neighborhood of Indianapolis, IN from $300 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Wallace Crossing area of Indianapolis.
3535 Robson St
IndianapolisIN46201
47 Bankers Ln
IndianapolisIN46201
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from $7002 Bedroom Apartments Available Now
The Aerie on 11th Street
6240 E 11th StIndianapolis, IN 46219
24 N Linwood Ave
IndianapolisIN46201
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
4830-4831 E Washington St
IndianapolisIN46201
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Wallace Crossing - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
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Showing Results 1-11, Page 1 of 1
Wallace Crossing, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Wallace Crossing?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wallace Crossing Studio Apartments | $915 | $790 | $1,250 |
| Wallace Crossing 1 Bedroom Apartments | $852 | $650 | $1,996 |
| Wallace Crossing 2 Bedroom Apartments | $1,101 | $700 | $2,141 |
| Wallace Crossing 3 Bedroom Apartments | $1,194 | $999 | $1,505 |
| Wallace Crossing 4 Bedroom Apartments | $1,688 | $1,688 | $1,688 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Wallace Crossing Neighborhood of Indianapolis, IN.
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Wallace Crossing, Indianapolis, IN Local Guide
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Cheapest Available Wallace Crossing Apartments for Rent
The cheapest available apartment rental in the Wallace Crossing area of Indianapolis, IN is a 2 Beds unit found at The Aerie on 11th Street priced from $700. Stonehenge has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Wallace Crossing apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Aerie on 11th Street | 6260 East 11th Street - Apt 310 | 2BR,1BA | $700 |
| Stonehenge | Studio | Studio,1BA | $799 |
| Olivewood | Studio | Studio,1BA | $820 |
| 50 - SAXONY COURT APARTMENTS | Saxony 2 Bd Standard | 2BR,1BA | $875 |
| Vistas Apartments | 2 Bedroom 1.5 Bath Townhouse | 2BR,1BA | $939 |
Best Value Apartments for Rent in Wallace Crossing, IN
As of April 22, 2025 the best value apartment in the Wallace Crossing area is the $1.24 price per square foot Beautiful Renovated Historic Apartment - 2 bedr... Model at School 85 in the in the Southeast Indianapolis neighborhood starting from $1,610. The second greatest value Wallace Crossing apartment is the 2 Bedroom 1 Bath Apartment Model at Vistas Apartments starting at $1,012 with a $1.18 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Wallace Crossing apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| School 85 | Beautiful Renovated Historic Apartment - 2 bedr... | 2BR,2BA | $1.24 |
| Vistas Apartments | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.18 |
| The Aerie on 11th Street | 6260 East 11th Street - Apt 310 | 2BR,1BA | $0.82 |
| Minnie Hartmann Center | The Alma 50% | 2BR,1BA | $1.37 |
| Serenity Manor 55+ Independent Senior Living | 2 Bedroom/2 Bath | 2BR,2BA | $1.49 |
| Courts Apartments | 2 Bedroom 1 Bathroom Apartment | 2BR,1BA | $1.23 |
| 50 - SAXONY COURT APARTMENTS | Saxony 2 Bd Standard | 2BR,1BA | $1.18 |
| Historic Irvington Flats | Beautiful Renovated Historic Apartment 1 bedroo... | 1BR,1BA | $1.60 |
| Parkhaven Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.52 |
| Stonehenge | Studio | Studio ,1BA | $2.77 |
Quick Rent Budget Calculator
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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.
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Pet Friendly LifestyleWallace Crossing, Indianapolis, IN
Ranked #213
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Wallace Crossing Apartments
What is a cheap apartment in Wallace Crossing?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Wallace Crossing is under $1,092.
What is the price of a cheap apartment in Wallace Crossing?
The cheapest apartment in Wallace Crossing is Courts Apartments which is listed at $806, while the average apartment in Wallace Crossing costs $1,688.
What types of apartments are the cheapest in Wallace Crossing?
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 10 regular apartments in Wallace Crossing that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
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.