Cheap Apartments for Rent in the Willow Springs Neighborhood of Indianapolis, IN from $300 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Willow Springs area of Indianapolis.

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Colonial Park
1 to 2 Bedroom Apartments

Colonial Park

4421 E Washington StIndianapolis, IN 46201
  • Utilities Included

Willow Springs - 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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Willow Springs, Indianapolis, IN Local Guide

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 Courts Apartments priced from $766. Historic Irvington Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,039. Here are the most affordable Willow Springs apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Courts Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$766
Historic Irvington FlatsBeautiful Renovated Historic Apartment 1 bedroo...1BR,1BA$1,039
The LeoThe EliStudio,1BA$1,250
Edge 35S3Studio,1BA$1,296
Mozzo apartmentsModern Studio, Steps Away from Downtown and Fou...Studio,1BA$1,299

Best Value Apartments for Rent in Willow Springs, IN

As of April 28, 2025 the best value apartment in the Willow Springs area is the $1.04 price per square foot 553 N Oakland Ave Model at 553 N Oakland Ave, Unit 553 in the in the Martindale neighborhood starting from $1,300. The second greatest value Willow Springs apartment is the T Model at Wheeler Lofts starting at $1,798 with a $1.79 price per square foot in the Concord neighborhood. Here is today’s list of the best values for Willow Springs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
553 N Oakland Ave, Unit 553553 N Oakland Ave2BR,1BA$1.04
Wheeler LoftsT1BR,1BA$1.79
Forte ApartmentsOne Bedroom- B Style1BR,1BA$2.01
Historic Irvington FlatsBeautiful Renovated Historic Apartment 1 bedroo...1BR,1BA$1.60
Mozzo apartmentsLive in The Heart of Fountain-Fletcher Arts Dis...1BR,1BA$2.22
Union SquareThe Hughes1BR,1BA$2.20
Courts Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$1.34
The LeoThe EliStudio ,1BA$2.30
Edge 35S3Studio ,1BA$2.41

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Pet Friendly Lifestyle
Willow Springs, Indianapolis, IN

Ranked #173

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Willow Springs Apartments

What is a cheap apartment in Willow Springs?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Willow Springs is under $1,798.

What is the price of a cheap apartment in Willow Springs?

The cheapest apartment in Willow Springs is Courts Apartments which is listed at $766, while the average apartment in Willow Springs costs $1,575.

What types of apartments are the cheapest in Willow Springs?

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 2 regular apartments in Willow Springs 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.

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.

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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.