Cheap Apartments for Rent in the North Perry Neighborhood of Indianapolis, IN from $500 (12 Rentals)

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

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Crossroads at Madison
Studio to 2 Bedroom Apartments

Crossroads at Madison

4725 Madison AveIndianapolis, IN 46227
  • Utilities Included
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Garfield Place
2 Bedroom Apartments

Garfield Place

2236 Ransdell StIndianapolis, IN 46225
  • Utilities Included
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Spicewood
Studio to 2 Bedroom Apartments

Spicewood

354 Spicewood DrIndianapolis, IN 46227
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Crossroads at Southgreen
1 to 2 Bedroom Apartments

Crossroads at Southgreen

5030 Southgreen DrIndianapolis, IN 46227
  • Utilities Included

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Cheapest Available North Perry Apartments for Rent

 

The cheapest available apartment rental in the North Perry area of Indianapolis, IN is a Studio unit found at 5700 Madison Apartments & Edgewood on Madison priced from $715. Garfield Park Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $794. Here are the most affordable North Perry apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
5700 Madison Apartments & Edgewood on MadisonEdgewood - CypressStudio,1BA$715
Garfield Park Village1/1 Vintage1BR,1BA$794
Brookwood Apartments1 Bedroom 1 Bathroom1BR,1BA$831
Capital PlaceOne Bedroom One Bath TH1BR,1BA$884
Thompson Village ApartmentsOne Bedroom Apartment1BR,1BA$928

Best Value Apartments for Rent in North Perry, IN

As of February 19, 2026 the best value apartment in the North Perry area is the $1.12 price per square foot 4946 Camden St Model at 4946 Camden St, Unit Big Camden in the in the Shelby Street-Epler Avenue neighborhood starting from $1,900. The second greatest value North Perry apartment is the 3 Bedroom 2 Bath Model at Brookwood Apartments starting at $1,411 with a $1.36 price per square foot in the Shelby Street-Epler Avenue neighborhood. Here is today’s list of the best values for North Perry apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4946 Camden St, Unit Big Camden4946 Camden St3BR,2BA$1.12
Brookwood Apartments3 Bedroom 2 Bath3BR,2BA$1.36
Hanna VillageConcord2BR,1BA$1.54
Capital PlaceTwo Bedroom One Bath TH2BR,1BA$1.32
Pine GlenRedwood Vintage2BR,1BA$1.17
City Heights1A1BR,1BA$1.44
Bluff Crossing Apartments1BR1BR,1BA$1.97
Thompson Village ApartmentsOne Bedroom Apartment1BR,1BA$1.51
Garfield Park Village1/1 Renovated1BR,1BA$1.72
5700 Madison Apartments & Edgewood on MadisonEdgewood - CypressStudio ,1BA$1.71

Frequently Asked Questions about Cheap North Perry Apartments

How much is rent for a Cheap One Bedroom North Perry Apartment?

The lowest price for a Cheap One Bedroom North Perry Apartment is $794 at Garfield Park Village.

What is the lowest price for a Cheap Two Bedroom North Perry Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in North Perry is starting from $983 at Brookwood Apartments.

What is the most affordable North Perry Three Bedroom Apartment?

The best deal on a cheap North Perry Three Bedroom Apartment rental is at Capital Place and starts from $1,349.

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.

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