
Cheap Apartments for Rent in the Nora Neighborhood of Indianapolis, IN from $700 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Nora area of Indianapolis.


Meridian Lakes

The Lodge at Trails Edge
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.

Ashton Brook

Northwood on the Trail

Edgewater Apartments

River Crossing

Shore Acres

Nook Nine

Notch at Nora

Nora Commons on the Monon Senior Apartments
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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.

7201 N Ralston Ave

The Seasons of Carmel
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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Nora, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Nora?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Nora Studio Apartments | $1,146 | $725 | $1,512 |
Nora 1 Bedroom Apartments | $1,386 | $825 | $2,767 |
Nora 2 Bedroom Apartments | $1,884 | $995 | $5,307 |
Nora 3 Bedroom Apartments | $2,491 | $1,626 | $3,789 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Nora Neighborhood of Indianapolis, IN.
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Nora, Indianapolis, IN Local Guide
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Cheapest Available Nora Apartments for Rent
 The cheapest available apartment rental in the Nora area of Indianapolis, IN is a Studio unit found at The Hub at Nora priced from $650. Summit at Keystone has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Nora apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Hub at Nora | Studio - 441 Sq Ft | Studio,1BA | $650 |
Summit at Keystone | The Aspen | 1BR,1BA | $899 |
The Lodge at Trails Edge | The Elk | 1BR,1BA | $1,027 |
Meridian Lakes | 1Bed/1Ba-Up (C) | 1BR,1BA | $1,035 |
College Courts | 1 Bed/1 Bath Up (A) | 1BR,1BA | $1,039 |
Best Value Apartments for Rent in Nora, IN
As of July 12, 2025 the best value apartment in the Nora area is the $1.08 price per square foot Two Bedroom with Bonus Room (7176B2) Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,375. The second greatest value Nora apartment is the Zenith Model at Sunrise on the Monon starting at $2,427 with a $1.49 price per square foot in the Nora neighborhood. Here is today’s list of the best values for Nora apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Pinnacle on Meridian | Two Bedroom with Bonus Room (7176B2) | 2BR,2BA | $1.08 |
Sunrise on the Monon | Zenith | 3BR,2BA | $1.49 |
The Retreat at Carmel | Bordeaux | 2BR,2BA | $1.31 |
Somerset Lakes | Leisure: One Bedroom Apartment With Den | 1BR,1BA | $1.33 |
Edgewater Apartments | 1 Bedroom | 1BR,1BA | $1.33 |
Northwood on the Trail | Redbud | 1BR,1BA | $1.61 |
Ashton Brook | One Bedroom Apartment | 1BR,1BA | $1.62 |
Summit at Keystone | The Aspen | 1BR,1BA | $1.28 |
Northview | Beacon | 1BR,1BA | $1.72 |
The Hub at Nora | Studio Suite with Patio/Balcony - 467 Sq Ft | Studio ,1BA | $1.55 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleNora, Indianapolis, IN
Ranked #110
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Nora, Indianapolis, IN
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers works hard to bring you comprehensive Lifestyle Ratings of neighborhoods, areas, and rental properties across Indiana, including Indianapolis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Nora Neighborhood in Indianapolis, IN
Walk Score®
63 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
74 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
27 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Nora Apartments
What is a cheap apartment in Nora?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Nora is under $1,209.
What is the price of a cheap apartment in Nora?
The cheapest apartment in Nora is The Hub at Nora which is listed at $825, while the average apartment in Nora costs $2,561.
What types of apartments are the cheapest in Nora?
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 44 regular apartments in Nora 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 Nora?
Cheap apartments in Nora have an average cost of $125 which is $2,436 cheaper than the average rent for all rentals in Nora.
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.

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.

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.

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.

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.