Cheap Homes for Rent in the Near North Indianapolis Neighborhood of Indianapolis, IN from $850 (20 Rentals)

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Search the lowest-cost Homes available for rent right now in the Near North Indianapolis area of Indianapolis.

property at 537 E 11th St
$995
1 Bedroom Rentals
Available Now
Affordability

537 E 11th St

IndianapolisIN46202

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property at 230 E 9th St
$1,250 - $1,500
1 Bedroom Rentals
Available Now
Furnished

230 E 9th St

IndianapolisIN46204

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Near North Indianapolis, Indianapolis, IN Local Guide

Cheapest Available Near North Indianapolis Homes for Rent

 

The cheapest available rental home in the Near North Indianapolis area of Indianapolis, IN is a 2 Beds home found at 524 W 23rd St priced from $949. 1841 Montcalm St has the second lowest priced home, which is a 3 Beds rental home currently listed from $1,529. Here are the most affordable Near North Indianapolis homes for rent in Indianapolis, IN:

Home ListingModel NameBed/BathPriced From
524 W 23rd St524 W 23rd St2BR, 1BA$949
1841 Montcalm St1841 Montcalm St3BR, 2BA$1,529
640 E 10th St640 E 10th St4BR, 4BA$4,750

Best Value Homes for Rent in Near North Indianapolis, IN

As of September 22, 2026 the best value rental home in the Near North Indianapolis area is the $0.42 price per square foot 801 E 20th St Model at 801 E 20th St in the Near North Indianapolis neighborhood starting from $1,600. The second greatest value Near North Indianapolis rental home is the 237 E Saint Joseph St Model at 237 E Saint Joseph St in the Near North Indianapolis neighborhood starting at $2,975 with a $1.28 price per square foot. Here is today’s list of the best values for Near North Indianapolis homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
801 E 20th St801 E 20th St1BR, 1BA$0.42
237 E Saint Joseph St237 E Saint Joseph St3BR, 2.5BA$1.28
640 E 10th St640 E 10th St4BR, 4BA$2.21
2344 N Capitol Ave2344 N Capitol Ave3BR, 1.5BA$1.06
1841 Montcalm St1841 Montcalm St3BR, 2BA$1.22
621 W 10th St621 W 10th St3BR, 2BA$2.11
524 W 23rd St524 W 23rd St2BR, 1BA$1.42

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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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Real 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.

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Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Near North Indianapolis, Indianapolis, IN

Ranked #35

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Near North Indianapolis

What type of rentals are currently available in Near North Indianapolis?

There are currently 212 Apartments for Rent in Near North Indianapolis, IN with pricing that ranges from $544 to $8,760. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near North Indianapolis ranging from $850 to $5,500.

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 $850 to $5,500 with an average monthly rent of $2,109.

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 $3,984, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,179 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $996.

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.

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