Cheap Homes for Rent in North Central Neighborhood of Indianapolis, IN from $600 (5 Rentals)

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property at 1504 Stamm Ave

1504 Stamm Ave, Unit 1

1504 Stamm Ave
IndianapolisIN46240

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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. Lincolnshire Broad Ripple has the second lowest priced unit, which is a Studio apartment currently listed from $875. 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
Lincolnshire Broad RippleStudio Upper LevelsStudio,1BA$875
Wellington Square Apartments1BR/1BA1BR,1BA$926

Best Value Apartments for Rent in North Central, IN

As of November 03, 2025 the best value apartment in the North Central area is the $1.23 price per square foot Two Bedroom with Bonus Room (7176B2) Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,699. 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 MeridianTwo Bedroom with Bonus Room (7176B2)2BR,2BA$1.23
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.19
Lake Clearwater ApartmentsMallard2BR,2BA$1.48
Edgewater Apartments2 Bedroom2BR,2BA$1.25
Broad Ripple Flats2x1.52BR,1.5BA$1.23
Somerset LakesRetreat: One Bedroom Apartment1BR,1BA$1.26
Summit at KeystoneThe Breckinridge2BR,1BA$1.25
Jade North ApartmentsPlan G1BR,1BA$1.29
Ashton BrookOne Bedroom Apartment1BR,1BA$1.48
Wellington Square Apartments1BR/1BA1BR,1BA$1.35

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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Your 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

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Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
North Central, Indianapolis, IN

Ranked #38

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about North Central

What type of rentals are currently available in North Central?

There are currently 58 Apartments for Rent in North Central, IN with pricing that ranges from $749 to $5,271. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Central ranging from $650 to $8,500.

What is the current price range for Rental Homes in North Central?

Today's rental pricing for Homes for Rent, Condos and Townhomes in North Central ranges from $650 to $8,500 with an average monthly rent of $2,900.

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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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! 

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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.