
Cheap Homes for Rent in the Near North Indianapolis Neighborhood of Indianapolis, IN from $850 (20 Rentals)
Search the lowest-cost Homes available for rent right now in the Near North Indianapolis area of Indianapolis.


2226 1/2 Fulton St

2029 N College Ave, Unit E

524 W 23rd St

524 W 23rd St

537 E 11th St
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

2322 Paris Ave, Unit A

1822 N Delaware St

906 Burdsal Pkwy

908 Burdsal Pkwy

1661 N Talbott St

1661 N Talbott St, Unit 1
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Total Monthly Price
615 N East St, Unit SI ID1364133P

Total Monthly Price
615 N East St, Unit SI FL2-ID1364146P

2238 N Kenwood Ave

230 E 9th St

312 E 13th St

746 Edgemont Ave
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.

655 E 24th St

1011 N Ogden St
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 | $1,983 | $949 | $3,750 |
| Near North Indianapolis 3 Bedroom Homes for Rent | $2,127 | $1,179 | $4,000 |
| Near North Indianapolis 4 Bedroom Homes for Rent | $4,116 | $2,100 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 20 rentals with your search options within a 1 mile radius of the Near North Indianapolis Neighborhood of Indianapolis, IN.
Explore Indianapolis
Near North Indianapolis, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 524 W 23rd St | 524 W 23rd St | 2BR, 1BA | $949 |
| 1841 Montcalm St | 1841 Montcalm St | 3BR, 2BA | $1,529 |
| 640 E 10th St | 640 E 10th St | 4BR, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 801 E 20th St | 801 E 20th St | 1BR, 1BA | $0.42 |
| 237 E Saint Joseph St | 237 E Saint Joseph St | 3BR, 2.5BA | $1.28 |
| 640 E 10th St | 640 E 10th St | 4BR, 4BA | $2.21 |
| 2344 N Capitol Ave | 2344 N Capitol Ave | 3BR, 1.5BA | $1.06 |
| 1841 Montcalm St | 1841 Montcalm St | 3BR, 2BA | $1.22 |
| 621 W 10th St | 621 W 10th St | 3BR, 2BA | $2.11 |
| 524 W 23rd St | 524 W 23rd St | 2BR, 1BA | $1.42 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 #35
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 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.
Helpful Local Expert Guides

Welcome to Indy: A Local Expert's Guide to the City's Best Short-Term Rental Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I am the local expert for ApartmentHomeLiving.com in the Indianapolis area. Being born and raised in Indiana, I know the true meaning of Hoosier hospitality.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.