
Cheap Apartments for Rent in the Nora Neighborhood of Indianapolis, IN from $700 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Nora area of Indianapolis.


College Courts

Meridian Lakes

The Lodge at Trails Edge

Ashton Brook

Shore Acres

Solana Apartments
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Northwood on the Trail

Park 66 Flats

River Crossing

VITRA Apartments

Somerset Lakes

Edgewater Apartments

Nook Nine
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1504 Stamm Ave, Unit 1

Nora Commons on the Monon Senior Apartments
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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 | $1,132 | $749 | $1,416 |
| Nora 1 Bedroom Apartments | $1,329 | $899 | $2,159 |
| Nora 2 Bedroom Apartments | $1,766 | $1,009 | $2,899 |
| Nora 3 Bedroom Apartments | $2,459 | $1,626 | $4,139 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Nora Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Nora, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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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 $749. College Courts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $909. 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 Suite with Patio/Balcony - The Spark | Studio,1BA | $749 |
| College Courts | 1 Bed/1 Bath Up (B) | 1BR,1BA | $909 |
| Meridian Lakes | 1Bed/1Ba-Up (A) | 1BR,1BA | $940 |
| Carlyle Court | Two Bedroom One Bathroom (CN2) | 2BR,1BA | $996 |
| The Lodge at Trails Edge | The Elk | 1BR,1BA | $1,018 |
Best Value Apartments for Rent in Nora, IN
As of October 28, 2025 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 Monterey I Model at The Retreat at Carmel starting at $2,491 with a $1.52 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 | $1.32 |
| The Retreat at Carmel | Monterey I | 3BR,2BA | $1.52 |
| Sunrise on the Monon | Equinox | 1BR,2BA | $1.54 |
| Park 66 Flats | Palmer | 2BR,2BA | $1.62 |
| Edgewater Apartments | 2 Bedroom | 2BR,2BA | $1.32 |
| Ashton Brook | Two Bedroom Townhome | 2BR,1.5BA | $1.49 |
| Somerset Lakes | Retreat: One Bedroom Apartment | 1BR,1BA | $1.25 |
| Summit at Keystone | The Cortina | 2BR,1BA | $1.29 |
| Carlyle Court | Two Bedroom One Bathroom (CN2) | 2BR,1BA | $1.14 |
| Northwood on the Trail | Redbud | 1BR,1BA | $1.61 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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 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 LifestyleNora, Indianapolis, IN
Ranked #80
Among cities in Indiana 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 $1,169.
What is the price of a cheap apartment in Nora?
The cheapest apartment in Nora is The Hub at Nora which is listed at $899, 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 34 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 $114 which is $2,447 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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.





