Cheap Apartments for Rent in the North Central Neighborhood of Indianapolis, IN from $700 (31 Rentals)

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

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Shore Acres
Studio to 3 Bedroom Apartments

Shore Acres

1105 Westfield Ct WIndianapolis, IN 46240
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Monon Walk Apartments
Studio to 1 Bedroom Apartments

Monon Walk Apartments

6115 Winthrop AveIndianapolis, IN 46220
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Crestwood Village North
Studio to 2 Bedroom Apartments

Crestwood Village North

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

Northview

8607 Cholla RdIndianapolis, IN 46240
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Summit at Keystone
1 to 3 Bedroom Apartments

Summit at Keystone

6630 Glenbrook DrIndianapolis, IN 46220
Showing Results 1-31, Page 1 of 1

North Central, Indianapolis, IN Local Guide

Cheapest Available North Central Apartments for Rent

 

The cheapest available apartment rental in the North Central area of Indianapolis, IN is a Studio unit found at The Hub at Nora priced from $749. Wellington Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $842. Here are the most affordable North Central apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Hub at NoraStudio Suite with Patio/Balcony - The SparkStudio,1BA$749
Wellington Square Apartments1BR/1BA1BR,1BA$842
Lincolnshire Broad RippleStudio Upper LevelsStudio,1BA$875
Jade North ApartmentsPlan FStudio,1BA$900
A62 ApartmentsLePetit1BR,1BA$922
Meridian Lakes1Bed/1Ba-Up (A)1BR,1BA$940
Northwood on the TrailRedbud1BR,1BA$1,000
Summit at KeystoneThe Aspen1BR,1BA$1,004
Ashton BrookOne Bedroom Apartment1BR,1BA$1,077
River HouseEvanstonStudio,1BA$1,080

Best Value Apartments for Rent in North Central, IN

As of November 10, 2025 the best value apartment in the North Central area is the $1.18 price per square foot 7176B1 Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,599. The second greatest value North Central apartment is the 2 Bed, 2.5 Bath, 2 car Garage Townhome Model at Townes at Winthrop starting at $2,200 with a $1.19 price per square foot in the Warfleigh neighborhood. Here is today’s list of the best values for North Central apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pinnacle on Meridian7176B12BR,2BA$1.18
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.19
Edgewater Apartments2 Bedroom2BR,2BA$1.26
Broad Ripple Flats2x1.52BR,1.5BA$1.23
Somerset LakesRetreat: One Bedroom Apartment1BR,1BA$1.26
Northwood on the TrailSugar Maple2BR,1BA$1.40
Summit at KeystoneThe Aspen1BR,1BA$1.43
Ashton BrookOne Bedroom Apartment1BR,1BA$1.54
Jade North ApartmentsPlan FStudio ,1BA$1.45
Wellington Square Apartments1BR/1BA1BR,1BA$1.52

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Pet Friendly Lifestyle
North Central, Indianapolis, IN

Ranked #36

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
North Central, Indianapolis, IN

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers compares millions of points of data to bring you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Indiana, including Indianapolis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the North Central Neighborhood in Indianapolis, IN

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

60 / 100

Bikeable

Some bike infrastructure

Transit Score®

28 / 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 North Central Apartments

What is a cheap apartment in North Central?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Central is under $1,080.

What is the price of a cheap apartment in North Central?

The cheapest apartment in North Central is Wellington Square Apartments which is listed at $842, while the average apartment in North Central costs $1,812.

What types of apartments are the cheapest in North Central?

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 73 regular apartments in North Central 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 North Central?

Cheap apartments in North Central have an average cost of $266 which is $1,546 cheaper than the average rent for all rentals in North Central.

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.

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

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.