
Cheap Homes for Rent in Near North Indianapolis Neighborhood of Indianapolis, IN from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Near North Indianapolis area of Indianapolis.


970 Edgemont Ave

2060 N Delaware St, Unit 3

524 W 23rd St

524 W 23rd St

1839 Talbott St
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.

230 E 9th St

1661 N Talbott St

1661 N Talbott St, Unit 1

Total Monthly Price
615 N East St, Unit SI ID1364143P

2128 N Pennsylvania St

Total Monthly Price
615 N East St, Unit SI ID1364133P
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.
Near North Indianapolis, Indianapolis, IN Local Guide

How much does it cost to rent a home in Near North Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Near North Indianapolis 2 Bedroom Homes for Rent | $2,008 | $845 | $2,700 |
| Near North Indianapolis 3 Bedroom Homes for Rent | $2,590 | $1,179 | $6,000 |
| Near North Indianapolis 4 Bedroom Homes for Rent | $3,995 | $3,995 | $3,995 |
| Near North Indianapolis 5 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the Near North Indianapolis Neighborhood of Indianapolis, IN.
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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 Dunbar Court priced from $675. INDY FLATS has the second lowest priced unit, which is a Studio apartment currently listed from $705. Here are the most affordable Near North Indianapolis apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dunbar Court | Studio | Studio,1BA | $675 |
| INDY FLATS | Sherwood Std D | Studio,1BA | $705 |
| 1733 N. Meridian | 1BR | 1BR,1BA | $780 |
| Priscilla on Pennsylvania | Studio- 1st Floor Corner | Studio,1BA | $799 |
| St. Agnes Apartments | One Bedroom Standard - Basement* | 1BR,1BA | $800 |
Best Value Apartments for Rent in Near North Indianapolis, IN
As of June 17, 2026 the best value apartment in the Near North Indianapolis area is the $0.93 price per square foot 2.1 40% Model at Canal Gardens in the in the Near North Indianapolis neighborhood starting from $891. The second greatest value Near North Indianapolis apartment is the 2x2 Model at The Avenue starting at $999 with a $1.16 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. |
|---|---|---|---|
| Canal Gardens | 2.1 40% | 2BR,1BA | $0.93 |
| The Avenue | 2x2 | 2BR,2BA | $1.16 |
| Van Dyke | Van Dyke 1B 830 | 1BR,1BA | $1.55 |
| Wyndham on Delaware | The Oxford | 1BR,1BA | $1.75 |
| 1733 N. Meridian | 1BR | 1BR,1BA | $1.04 |
| 1010 Central | Loft 60% | 1BR,1BA | $1.61 |
| College Manor | 1 BR | 1BR,1BA | $1.49 |
| The McKay | McKay 1B 650 | 1BR,1BA | $1.72 |
| St. James | One Bedroom - Sublevel | 1BR,1BA | $1.49 |
| St. Agnes Apartments | One Bedroom Standard - Basement* | 1BR,1BA | $1.60 |
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.
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
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
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.
Pet Friendly LifestyleNear North Indianapolis, Indianapolis, IN
Ranked #28
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Near North Indianapolis
What type of rentals are currently available in Near North Indianapolis?
There are currently 207 Apartments for Rent in Near North Indianapolis, IN with pricing that ranges from $544 to $5,792. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near North Indianapolis ranging from $800 to $6,000.
What is the current price range for Rental Homes in Near North Indianapolis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Near North Indianapolis ranges from $800 to $6,000 with an average monthly rent of $3,008.
How much are larger Three and Four Bedroom Rentals in Near North Indianapolis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Near North Indianapolis range from $799 to $3,499, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,179 to $6,000. Four Bedroom Single-Family rentals are also available starting from $3,995 and Four Bedroom Apartments start at $979.
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.

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

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.

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.

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.