Cheap Apartments for Rent in the Nora Neighborhood of Indianapolis, IN from $800 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Nora area of Indianapolis.

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.

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ReNew at the Crossing
$1,159 - $2,599
Total Monthly Price

Total Monthly Price

Base Rent
$1,159 - $2,599
Total Monthly Price
$1,159 - $2,599
1 to 3 Bedroom Apartments Available Now

ReNew at the Crossing

1130 Racquet Club North DrIndianapolis, IN 46260
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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property at 6721 Riverfront Ave

$1,290

Total Monthly Price

Total Monthly Price

Base Rent
$1,290
Total Monthly Price
$1,290

Studio, 1 Bath Home for Rent

Available Jun 15

6721 Riverfront Ave, Unit Studio

6721 Riverfront Ave
IndianapolisIN46220

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Shore Acres
Studio to 3 Bedroom Apartments

Shore Acres

1105 Westfield Ct WIndianapolis, IN 46240
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Carlyle Court
1 to 2 Bedroom Apartments

Carlyle Court

951 Carlyle LnIndianapolis, IN 46240
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Crestwood Village North
Studio to 2 Bedroom Apartments

Crestwood Village North

9225 Garrison DrIndianapolis, IN 46240
Senior Living
  • Utilities Included
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Northview
Studio to 2 Bedroom Apartments

Northview

8607 Cholla RdIndianapolis, IN 46240
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VITRA Apartments
1 to 2 Bedroom Apartments

VITRA Apartments

8785 Keystone XingIndianapolis, IN 46240
Corporate Housing

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-43, Page 1 of 1

Nora, Indianapolis, IN Local Guide

Cheapest Available Nora Apartments for Rent

 

The cheapest available apartment rental in the Nora area of Indianapolis, IN is a 1 Bed unit found at Carlyle Court priced from $802. The Hub at Nora has the second lowest priced unit, which is a Studio apartment currently listed from $849. Here are the most affordable Nora apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Carlyle CourtStandard One Bedrom (SN1)1BR,1BA$802
The Hub at NoraStudio - The CoreStudio,1BA$849
River Road ApartmentsVilla1BR,1BA$880
Wellington Square Apartments1BR/1BA1BR,1BA$926
Northwood on the TrailRedbud1BR,1BA$1,000
Summit at KeystoneThe Aspen1BR,1BA$1,034
Meridian Lakes1Bed/1Ba-Dn (C)1BR,1BA$1,055
College Courts1 Bed/1 Bath Up (B)1BR,1BA$1,064
The EclipseThe Phoenix1BR,1BA$1,079
Ashton BrookOne Bedroom Apartment1BR,1BA$1,088

Best Value Apartments for Rent in Nora, IN

As of June 12, 2026 the best value apartment in the Nora area is the $1.32 price per square foot Two Bedroom with Bonus Room (7176B2) Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,899. The second greatest value Nora apartment is the Brook Model at Solana Apartments starting at $1,571 with a $1.36 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Pinnacle on MeridianTwo Bedroom with Bonus Room (7176B2)2BR,2BA$1.32
Solana ApartmentsBrook2BR,2BA$1.36
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.29
Jade North ApartmentsPlan H2BR,1.5BA$1.10
Edgewater Apartments2 Bedroom2BR,2BA$1.39
Northwood on the TrailSugar Maple2BR,1BA$1.40
WoodlakeTwo Bedroom Apartment2BR,1BA$1.24
The Eclipse Apartment HomesThe Vega w/Den - Upgraded1BR,1.5BA$1.41
Summit at KeystoneThe Aspen1BR,1BA$1.48
Wellington Square Apartments1BR/1BA1BR,1BA$1.35

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.

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Your 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

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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

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.

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Pet Friendly Lifestyle
Nora, 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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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!

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 $1,088.

What is the price of a cheap apartment in Nora?

The cheapest apartment in Nora is Carlyle Court which is listed at $802, while the average apartment in Nora costs $2,166.

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 21 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 $147 which is $2,019 cheaper than the average rent for all rentals in Nora.

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

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

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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.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

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Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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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.