
Cheap Apartments for Rent in the Nora Neighborhood of Indianapolis, IN from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Nora area of Indianapolis.


College Courts

Meridian Lakes

Solana Apartments

Northwood on the Trail
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The Lodge at Trails Edge

Summit at Keystone

Shore Acres

Ashton Brook

6721 Riverfront Ave, Unit Studio
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Shore Acres

Carlyle Court

Nora Commons on the Monon Senior Apartments

Crestwood Village North

Northview
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9000 Westfield Apartments
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 | $1,060 | $699 | $1,462 |
| Nora 1 Bedroom Apartments | $1,312 | $864 | $3,870 |
| Nora 2 Bedroom Apartments | $1,664 | $1,009 | $8,856 |
| Nora 3 Bedroom Apartments | $2,340 | $1,209 | $4,214 |
Browse Apartments in this Neighborhood
There are currently 16 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 $699. College Courts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $864. 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 - The Core | Studio,1BA | $699 |
| College Courts | 1 Bed/1 Bath Dn (A) | 1BR,1BA | $864 |
| Meridian Lakes | 1Bed/1Ba-Up (A) | 1BR,1BA | $940 |
| Carlyle Court | Two Bedroom One Bathroom (CN2) | 2BR,1BA | $996 |
| Northwood on the Trail | Redbud | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Nora, IN
As of January 27, 2026 the best value apartment in the Nora area is the $1.18 price per square foot Two Bedroom with Bonus Room (7176B2) Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,599. 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 | $1.18 |
| The Retreat at Carmel | Monterey I | 3BR,2BA | $1.52 |
| Sunrise on the Monon | Zenith | 3BR,2BA | $1.49 |
| Park 66 Flats | Palmer | 2BR,2BA | $1.38 |
| Ashton Brook | Two Bedroom Townhome | 2BR,1.5BA | $1.45 |
| Somerset Lakes | Retreat: One Bedroom Apartment | 1BR,1BA | $1.25 |
| Northwood on the Trail | Sugar Maple | 2BR,1BA | $1.40 |
| Carlyle Court | Two Bedroom One Bathroom (CN2) | 2BR,1BA | $1.14 |
| The Lodge at Trails Edge | The Monon | 2BR,1.5BA | $1.56 |
| Summit at Keystone | The Aspen | 1BR,1BA | $1.43 |
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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 #102
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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!
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 $1,222.
What is the price of a cheap apartment in Nora?
The cheapest apartment in Nora is College Courts which is listed at $864, while the average apartment in Nora costs $2,529.
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 36 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 $138 which is $2,391 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

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
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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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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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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.
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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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