
Cheap Apartments for Rent in the North Perry Neighborhood of Indianapolis, IN from $500 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Perry area of Indianapolis.


Garfield Park Village

5700 Madison Apartments & Edgewood on Madison

Brookwood Apartments

Pine Glen

Capital Place
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Parkside Living Apartments

Garfield Terrace Apartments

Crossroads at Madison

Garfield Place

Spicewood

5110 Southgreen Dr
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Crossroads at Southgreen
North Perry, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in North Perry?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Perry Studio Apartments | $969 | $765 | $1,291 |
| North Perry 1 Bedroom Apartments | $987 | $699 | $1,499 |
| North Perry 2 Bedroom Apartments | $1,189 | $910 | $2,356 |
| North Perry 3 Bedroom Apartments | $1,422 | $1,220 | $1,799 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the North Perry Neighborhood of Indianapolis, IN.
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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 1 Bed unit found at Garfield Park Village priced from $749. 5700 Madison Apartments & Edgewood on Madison has the second lowest priced unit, which is a Studio apartment currently listed from $765. Here are the most affordable North Perry apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Garfield Park Village | 1/1 Classic | 1BR,1BA | $749 |
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Cypress | Studio,1BA | $765 |
| Spicewood | Studio | Studio,1BA | $779 |
| Brookwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $847 |
| Pine Glen | Maple Classic | 1BR,1BA | $861 |
Best Value Apartments for Rent in North Perry, IN
As of April 06, 2026 the best value apartment in the North Perry area is the $1.17 price per square foot 2 Bedroom 2 Bath Model at Brookwood Apartments in the in the Shelby Street-Epler Avenue neighborhood starting from $1,087. The second greatest value North Perry apartment is the Concord Model at Hanna Village starting at $1,399 with a $1.54 price per square foot in the Concord neighborhood. Here is today’s list of the best values for North Perry apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Brookwood Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.17 |
| Hanna Village | Concord | 2BR,1BA | $1.54 |
| Bluff Crossing Apartments | 2BR | 2BR,2BA | $1.67 |
| Capital Place | Two Bedroom One Bath w/Den | 2BR,1BA | $1.28 |
| Pine Glen | Oak Classic | 2BR,1BA | $1.28 |
| Thompson Village Apartments | One Bedroom Apartment | 1BR,1BA | $1.51 |
| Garfield Park Village | 0/1 Renovated | Studio ,1BA | $1.78 |
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Cypress | Studio ,1BA | $1.83 |
| Spicewood | Studio | Studio ,1BA | $2.70 |
Frequently Asked Questions about Cheap North Perry Apartments
What is a cheap apartment in North Perry?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Perry is under $1,499.
What is the price of a cheap apartment in North Perry?
The cheapest apartment in North Perry is Garfield Park Village which is listed at $749, while the average apartment in North Perry costs $1,373.
What types of apartments are the cheapest in North Perry?
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 29 regular apartments in North Perry 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 Perry?
Cheap apartments in North Perry have an average cost of $390 which is $983 cheaper than the average rent for all rentals in North Perry.
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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