Cheap Homes for Rent in Near North Indianapolis Neighborhood of Indianapolis, IN from $800 (20 Rentals)

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

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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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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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.

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Near North Indianapolis, Indianapolis, IN Local Guide

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 Priscilla on Pennsylvania priced from $875. The Seminole has the second lowest priced unit, which is a 1 Bed apartment currently listed from $938. Here are the most affordable Near North Indianapolis apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Priscilla on PennsylvaniaStudioStudio,1BA$875
The Seminole1br1BR,1BA$938
Lockefield GardensSR2 (One Bedroom One Bathroom)1BR,1BA$954
Utomin Apartments2 Bedroom2BR,1BA$975
Senate Manor1.1 Ap1BR,1BA$1,005

Best Value Apartments for Rent in Near North Indianapolis, IN

As of July 29, 2025 the best value apartment in the Near North Indianapolis area is the $1.22 price per square foot Peony Model at Ralston Apartments in the in the Near North Indianapolis neighborhood starting from $2,100. The second greatest value Near North Indianapolis apartment is the C1 Model at 747 Apartments starting at $2,799 with a $1.75 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Ralston ApartmentsPeony3BR,3BA$1.22
747 ApartmentsC13BR,2.5BA$1.75
Townhomes at Fall Creek PlaceF2BR,1BA$1.61
Colmar ApartmentsFront One Bedroom1BR,1BA$1.62
Van DykeVan Dyke 1B 8301BR,1BA$1.55
The Seminole1br1BR,1BA$1.28
Indiana Flats and Townhomes2 x 1 Townhome2BR,1BA$1.63
1010 CentralGarage 60%1BR,1BA$1.70
College Manor1 BR1BR,1BA$1.57
Utomin Apartments2 Bedroom2BR,1BA$1.50

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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 $595 to $5,070. There are also 79 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near North Indianapolis ranging from $880 to $4,700.

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 $880 to $4,700 with an average monthly rent of $1,785.

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 $1,549 to $5,070, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $3,900. Four Bedroom Single-Family rentals are also available starting from $1,375 and Four Bedroom Apartments start at $989.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.