
Cheap Apartments for Rent in the Nora Neighborhood of Indianapolis, IN from $802 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Nora area of Indianapolis.


The Hub at Nora

Meridian Lakes

River Road Apartments

College Courts

Jade North Apartments

Northwood on the Trail
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Summit at Keystone

Woodlake

Edison at Meridian Hills

The Lodge at Trails Edge

The Eclipse Apartment Homes

Ashton Brook

Total Monthly Price
ReNew at the Crossing
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Elevate Keystone Apartments

Solana Apartments

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River Crossing

Shore Acres

Northview

Edgewater Apartments
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Lake Clearwater Apartments

Notch at Nora

Park 66 Flats

The Coil

The Edge

Shore Acres

Carlyle Court
Nora - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Nora Commons on the Monon Senior Apartments

Crestwood Village North

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 | $1,290 | $849 | $5,271 |
| Nora 1 Bedroom Apartments | $1,373 | $842 | $2,099 |
| Nora 2 Bedroom Apartments | $1,700 | $1,027 | $2,899 |
| Nora 3 Bedroom Apartments | $2,154 | $1,239 | $3,496 |
Browse Apartments in this Neighborhood
There are currently 31 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 $849. River Road Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. 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 | $849 |
| River Road Apartments | Villa | 1BR,1BA | $880 |
| College Courts | 1 Bed/1 Bath Dn (B) | 1BR,1BA | $884 |
| Northwood on the Trail | Redbud | 1BR,1BA | $922 |
| Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $926 |
| Summit at Keystone | The Aspen | 1BR,1BA | $949 |
| Meridian Lakes | 1Bed/1Ba-Dn (A) | 1BR,1BA | $960 |
| Woodlake | One Bedroom Apartment | 1BR,1BA | $975 |
| Edison at Meridian Hills | 1 Bedroom 1 Bath | 1BR,1BA | $989 |
| The Lodge at Trails Edge | The Elk | 1BR,1BA | $1,021 |
Best Value Apartments for Rent in Nora, IN
As of September 11, 2026 the best value apartment in the Nora area is the $1.41 price per square foot 7176C1 Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $3,099. The second greatest value Nora apartment is the Lilac Model at Everly at Meridian Hills starting at $1,609 with a $1.15 price per square foot in the Faith Knoll 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 | 7176C1 | 3BR,2BA | $1.41 |
| Everly at Meridian Hills | Lilac | 2BR,2BA | $1.15 |
| Summit at Keystone | The Vail Deluxe | 3BR,1.5BA | $1.42 |
| Edison at Meridian Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.29 |
| Jade North Apartments | Plan D | 2BR,2BA | $1.13 |
| Carlyle Court | Two Bedroom Two Bathroom (C3M) | 2BR,2BA | $1.22 |
| ReNew at the Crossing | 2x2 | 2BR,2BA | $1.21 |
| Edgewater Apartments | 1 Bedroom | 1BR,1BA | $1.44 |
| Northwood on the Trail | Redbud | 1BR,1BA | $1.27 |
| Wellington Square Apartments | 1BR/1BA | 1BR,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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
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Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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Read ArticleReal 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.
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 #46
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet 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 $1,021.
What is the price of a cheap apartment in Nora?
The cheapest apartment in Nora is River Road Apartments which is listed at $880, while the average apartment in Nora costs $1,519.
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 32 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 $143 which is $1,376 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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Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.