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$497 - $1,4501 to 2 Bedroom Apartments Available Now
1010 Central
1010 Central AveIndianapolis, IN 46202
Cheap Apartments for Rent in the Near North Indianapolis Neighborhood of Indianapolis, IN from $400 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near North Indianapolis area of Indianapolis.
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$595 - $930Studio to 2 Bedroom Apartments Contact Us For Availability
The Sheldrake Apartments
2258 N Meridian StIndianapolis, IN 46208
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$655 - $935Studio to 2 Bedroom Apartments Available Now
INDY FLATS
1304 N Delaware StIndianapolis, IN 46202
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$665 - $925Studio to 1 Bedroom Apartments Contact Us For Availability
Dunbar Court
1022 Dr Martin Luther King StIndianapolis, IN 46202
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$765 - $789Studio Apartments Available Now
St. Agnes Apartments
1350 N Meridian StIndianapolis, IN 46202
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$799 - $899Studio Apartments Available Now
Priscilla on Pennsylvania
1309 N Pennsylvania StIndianapolis, IN 46202
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$8491 Bedroom Apartments Available Now
125 E 17th St
125 E 17th StIndianapolis, IN 46202
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$875 - $8951 Bedroom Apartments Available Now
The Whitaker
1504 N Pennsylvania StIndianapolis, IN 46202
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$8991 Bedroom Apartments Available Now
2060 N Delaware St
2060 N Delaware StIndianapolis, IN 46202
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$910 - $3,315
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$895 - $3,300
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$15
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$910 - $3,315
9 On Canal
335 W 9th StIndianapolis, IN 46202
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.
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$940 - $9751 Bedroom Apartments Available May 15
Traymore Apartments
1402 N Alabama StIndianapolis, IN 46202
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$940 - $1,0251 Bedroom Apartments Available Now
St. James
2102 N Meridian StIndianapolis, IN 46202
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$950 - $9951 Bedroom Apartments Available Now
919 Broadway St
919 Broadway StIndianapolis, IN 46202
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$975 - $1,735Studio to 2 Bedroom Apartments Available Now
Circle City
1321 N Meridian StIndianapolis, IN 46202
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$980 - $1,0301 Bedroom Apartments Available Now
Indy Christian Place Apartments LLC
824 N Alabama StIndianapolis, IN 46204
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$994 - $1,5361 to 2 Bedroom Apartments Available Now
Lockefield Gardens
737 Lockefield LnIndianapolis, IN 46202
670 E 17th St
IndianapolisIN46202
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$1,0252 Bedroom Apartments Available Now
The Washington
1401 N Pennsylvania StIndianapolis, IN 46202
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$1,056 - $3,629Studio to 3 Bedroom Apartments Available Now
Riley Towers
650 N Alabama StIndianapolis, IN 46204
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$1,091 - $1,6001 to 2 Bedroom Apartments Available Now
800 Capitol
800 N Capitol AveIndianapolis, IN 46204
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.
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$1,099 - $2,139Studio to 2 Bedroom Apartments Available Now
Wesley Place
75 W 18th StIndianapolis, IN 46202
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$1,1002 Bedroom Apartments Available Now
Drake Street Garden Homes
512-568 Drake StIndianapolis, IN 46202
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$1,130 - $2,303Studio to 3 Bedroom Apartments Available Now
Circa Apartments
617 N CollegeIndianapolis, IN 46204
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$1,158 - $2,780Studio to 2 Bedroom Apartments Available Now
Lockerbie Lofts
640 E Michigan StIndianapolis, IN 46202
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$1,168 - $3,4961 to 4 Bedroom Apartments Available Now
Ralston Apartments
1201 Indiana AveIndianapolis, IN 46202
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$1,175 - $1,350Studio to 1 Bedroom Apartments Available Now
The Delaware Apartments
2205 N Delaware StIndianapolis, IN 46205
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1 to 4 Bedroom Apartments
16 Park Apartments
1621 N Park AveIndianapolis, IN 46202
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INDY INDIE ARTIST COLONY
26 E 14th StIndianapolis, IN 46202
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1 Bedroom Apartments
Barbee
1215 N Pennsylvania StIndianapolis, IN 46202
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Windsor
1235 N Delaware StIndianapolis, IN 46202
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.
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Studio to 1 Bedroom Apartments
The Jordan
1445 N Delaware StIndianapolis, IN 46202
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Studio to 3 Bedroom Apartments
PICCADILLY
28 E 16th StIndianapolis, IN 46202
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Studio to 1 Bedroom Apartments
The Harrison
1320 N Delaware StIndianapolis, IN 46202
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Studio to 1 Bedroom Apartments
The Marleigh
1434-1448 N Delaware StIndianapolis, IN 46202
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Studio to 2 Bedroom Apartments
The Rotherwood Apartments
1503 N Pennsylvania StIndianapolis, IN 46202
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1 Bedroom Apartments
1733 N. Meridian
1733 N Meridian StIndianapolis, IN 46202
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1 Bedroom Apartments
Capitol Manor
842 N Capitol AveIndianapolis, IN 46204
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Studio Apartments
Victoria Apartments
1244 N Illinois StIndianapolis, IN 46202
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1 to 2 Bedroom Apartments
Canal Gardens
1249 Dr Martin Luther King Jr StIndianapolis, IN 46202
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1 to 2 Bedroom Apartments
Chelsea Manor
1451 Central AveIndianapolis, IN 46202
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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1 to 2 Bedroom Apartments
Madison Apartments
226 E 12th StIndianapolis, IN 46202
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Senate Manor
545-551 N Senate AveIndianapolis, IN 46204
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1 Bedroom Apartments
The Seminole
920 N Alabama StIndianapolis, IN 46202
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2 Bedroom Apartments
Campus Townhomes
531 Ransom StIndianapolis, IN 46202
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Stonegate Apartments
1220-1226 N Illinois StIndianapolis, IN 46202
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Utomin Apartments
1112 N College AveIndianapolis, IN 46202
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2 Bedroom Apartments
Broadway Heights
1927 Broadway StIndianapolis, IN 46202
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Studio to 2 Bedroom Apartments
Raleigh
108 E 13th StIndianapolis, IN 46202
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PENN ARTS
111 E 16th StIndianapolis, IN 46202
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Van Dyke
1229 N Pennsylvania StIndianapolis, IN 46202
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Near North Indianapolis, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Near North Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Near North Indianapolis Studio Apartments | $1,098 | $595 | $2,366 |
| Near North Indianapolis 1 Bedroom Apartments | $1,322 | $497 | $2,779 |
| Near North Indianapolis 2 Bedroom Apartments | $1,807 | $900 | $3,800 |
| Near North Indianapolis 3 Bedroom Apartments | $2,675 | $2,034 | $5,584 |
| Near North Indianapolis 4 Bedroom Apartments | $1,351 | $979 | $5,673 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 60 rentals with your search options within a 1 mile radius of the Near North Indianapolis Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Near North Indianapolis, Indianapolis, IN Local Guide
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Cheapest Available Near North Indianapolis Apartments for Rent
The cheapest available apartment rental in the Near North Indianapolis area of Indianapolis, IN is a Studio unit found at INDY FLATS priced from $655. St. Agnes Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $765. Here are the most affordable Near North Indianapolis apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| INDY FLATS | Sherwood Std D | Studio,1BA | $655 |
| St. Agnes Apartments | Studio- Standard 2nd -5th* | Studio,1BA | $765 |
| Priscilla on Pennsylvania | Studio- 1st Floor Corner | Studio,1BA | $799 |
| The Whitaker | One Bedroom | 1BR,1BA | $875 |
| Canal Gardens | 2.1 40% | 2BR,1BA | $891 |
| 9 On Canal | Studio - Stockholm | Studio,1BA | $910 |
| Senate Manor | S.1 C | Studio,1BA | $930 |
| 919 Broadway St | A | 1BR,1BA | $950 |
| Circle City | RAL-S500 | Studio,1BA | $970 |
| St. James | One Bedroom | 1BR,1BA | $980 |
Best Value Apartments for Rent in Near North Indianapolis, IN
As of March 12, 2026 the best value apartment in the Near North Indianapolis area is the $1.29 price per square foot 2034 N Delaware St Model at 2034 N Delaware St, Unit 2034 N Delaware in the in the Near North Indianapolis neighborhood starting from $1,800. The second greatest value Near North Indianapolis apartment is the Siren Model at The Pointe on Mass starting at $1,769 with a $1.69 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for Near North Indianapolis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2034 N Delaware St, Unit 2034 N Delaware | 2034 N Delaware St | 2BR,2BA | $1.29 |
| The Pointe on Mass | Siren | 1BR,1BA | $1.69 |
| Canal Gardens | 2.1 40% | 2BR,1BA | $0.93 |
| Drake Street Garden Homes | Two Bedroom | 2BR,1BA | $1.30 |
| Van Dyke | Van Dyke 1B 830 | 1BR,1BA | $1.55 |
| St. James | One Bedroom | 1BR,1BA | $1.40 |
| The Washington | 2 Bedroom | 2BR,1BA | $1.47 |
| The McKay | McKay 1B 650 | 1BR,1BA | $1.72 |
| 919 Broadway St | A | 1BR,1BA | $1.64 |
| Indy Christian Place Apartments LLC | 1 Bedroom 1 Bath - 41138 | 1BR,1BA | $1.74 |
Don'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.
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The 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
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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.
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Pet Friendly LifestyleNear North Indianapolis, Indianapolis, IN
Ranked #29
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
Our team works hard to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Near North Indianapolis, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, places that make kids happy, raising pets, transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Near North Indianapolis Apartments
What is a cheap apartment in Near North Indianapolis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near North Indianapolis is under $980.
What is the price of a cheap apartment in Near North Indianapolis?
The cheapest apartment in Near North Indianapolis is INDY FLATS which is listed at $830, while the average apartment in Near North Indianapolis costs $2,201.
What types of apartments are the cheapest in Near North Indianapolis?
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 79 regular apartments in Near North Indianapolis 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 Near North Indianapolis?
Cheap apartments in Near North Indianapolis have an average cost of $383 which is $1,818 cheaper than the average rent for all rentals in Near North Indianapolis.
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.
Articles, How-To's, and Tips
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.