
Cheap Homes for Rent in North Perry Neighborhood of Indianapolis, IN from $900 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the North Perry area of Indianapolis.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

615 E Thompson Rd
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.

1051 E Edwards Ave
North Perry, Indianapolis, IN Local Guide

How much does it cost to rent a home in North Perry?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Perry 2 Bedroom Homes for Rent | $1,062 | $975 | $1,150 |
| North Perry 3 Bedroom Homes for Rent | $1,638 | $1,395 | $2,200 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the North Perry Neighborhood of Indianapolis, IN.
Explore Indianapolis
Best Value Apartments for Rent in North Perry, IN
As of May 21, 2026 the best value apartment in the North Perry area is the $1.16 price per square foot 2 Bedroom 2 Bath Model at Brookwood Apartments in the in the Shelby Street-Epler Avenue neighborhood starting from $1,075. The second greatest value North Perry apartment is the 2BR Model at Bluff Crossing Apartments starting at $1,499 with a $1.67 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 | $1.16 |
| Bluff Crossing Apartments | 2BR | 2BR,2BA | $1.67 |
| Capital Place | Two Bedroom One Bath w/Den | 2BR,1BA | $1.28 |
| Residence on Penn | Your Brand New Home Awaits! | 1BR,1BA | $1.87 |
| City Heights | 1 x 1 | 1BR,1BA | $1.44 |
| Hanna Village | Camden | 1BR,1BA | $1.79 |
| Garfield Park Village | 2/1 Renovated | 2BR,1BA | $1.61 |
| Thompson Village Apartments | One Bedroom Apartment | 1BR,1BA | $1.51 |
| Pine Glen | Cedar Renovated | 1BR,1BA | $1.49 |
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Cypress | Studio ,1BA | $1.89 |
Frequently Asked Questions about North Perry
What type of rentals are currently available in North Perry?
There are currently 50 Apartments for Rent in North Perry, IN with pricing that ranges from $665 to $2,500. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Perry ranging from $975 to $2,200.
What is the current price range for Rental Homes in North Perry?
Today's rental pricing for Homes for Rent, Condos and Townhomes in North Perry ranges from $975 to $2,200 with an average monthly rent of $1,350.
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

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.

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.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
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.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.