Cheap Apartments for Rent in the Nora Neighborhood of Indianapolis, IN from $700 (21 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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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Summit at Keystone
1 to 3 Bedroom Apartments

Summit at Keystone

6630 Glenbrook DrIndianapolis, IN 46220
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Northview
1 Bedroom Apartments

Northview

8607 Cholla RdIndianapolis, IN 46240
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Shore Acres
1 to 2 Bedroom Apartments

Shore Acres

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

VITRA Apartments

8785 Keystone XingIndianapolis, IN 46240

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 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 ListingModel NameBed/BathPriced From
The Hub at NoraStudio - 441 Sq FtStudio,1BA$650
Summit at KeystoneThe Aspen1BR,1BA$899
The Lodge at Trails EdgeThe Elk1BR,1BA$1,027
Meridian Lakes1Bed/1Ba-Up (C)1BR,1BA$1,035
College Courts1 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Pinnacle on MeridianTwo Bedroom with Bonus Room (7176B2)2BR,2BA$1.08
Sunrise on the MononZenith3BR,2BA$1.49
The Retreat at CarmelBordeaux2BR,2BA$1.31
Somerset LakesLeisure: One Bedroom Apartment With Den1BR,1BA$1.33
Edgewater Apartments1 Bedroom1BR,1BA$1.33
Northwood on the TrailRedbud1BR,1BA$1.61
Ashton BrookOne Bedroom Apartment1BR,1BA$1.62
Summit at KeystoneThe Aspen1BR,1BA$1.28
NorthviewBeacon1BR,1BA$1.72
The Hub at NoraStudio Suite with Patio/Balcony - 467 Sq FtStudio ,1BA$1.55

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Pet Friendly Lifestyle
Nora, Indianapolis, IN

Ranked #110

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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

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.

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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.

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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.

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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.

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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.