Cheap Apartments for Rent in the North Willow Neighborhood of Indianapolis, IN from $500 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in the North Willow 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.

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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.

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ReNew at the Crossing
Rent Specials
$1,059 - $2,639
Total Monthly Price

Total Monthly Price

Base Rent
$1,059 - $2,639
Total Monthly Price
$1,059 - $2,639
1 to 3 Bedroom Apartments Available Now

ReNew at the Crossing

1130 Racquet Club North DrIndianapolis, IN 46260
Corporate Housing
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Hampshire Court
1 to 2 Bedroom Apartments

Hampshire Court

2455 Rolls DrIndianapolis, IN 46268

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Dogwood Glen
Studio to 2 Bedroom Apartments

Dogwood Glen

2390 Woodglen DrIndianapolis, IN 46260
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Reflections Apartments
Studio to 3 Bedroom Apartments

Reflections Apartments

7999 Silverleaf DrIndianapolis, IN 46260
Corporate Housing
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The Meridian North
1 to 3 Bedroom Apartments

The Meridian North

2100 Westlane RdIndianapolis, IN 46260
Corporate Housing
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Slate Run Lofts
Studio to 2 Bedroom Apartments

Slate Run Lofts

9555 International DrIndianapolis, IN 46268
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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.

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Showing Results 1-28, Page 1 of 1

North Willow, Indianapolis, IN Local Guide

Cheapest Available North Willow Apartments for Rent

 

The cheapest available apartment rental in the North Willow area of Indianapolis, IN is a Studio unit found at The Meridian North and South priced from $649. Lakeshore Reserve Off 86th Apartments and Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $805. Here are the most affordable North Willow apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Meridian North and SouthS1P SouthStudio,1BA$649
Lakeshore Reserve Off 86th Apartments and TownhomesOne Bedroom1BR,1BA$805
Reflections ApartmentsMusingsStudio,1BA$824
Turtle Creek - IndianapolisS1 ShellStudio,1BA$859
LandmarkRanierStudio,1BA$870
WoodlakeOne Bedroom Apartment1BR,1BA$969
Pickwick Farms Apartments1 BR, 1 Bath1BR,1BA$973
Avia Lofts at Founders RoadStudioStudio,1BA$979
The Grove on Harcourt1x1.5 Large Classic1BR,1BA$1,019
King's Reserve College Park 55+ Active LivingStudio AlcoveStudio,1BA$1,025

Best Value Apartments for Rent in North Willow, IN

As of July 07, 2026 the best value apartment in the North Willow area is the $1.07 price per square foot The Newburgh Model at Private Reserve Townhomes in the in the Spring Arbor neighborhood starting from $1,379. The second greatest value North Willow apartment is the Three Bedroom Townhome (T3) Model at Westbury Court starting at $1,474 with a $1.19 price per square foot in the Spring Arbor neighborhood. Here is today’s list of the best values for North Willow apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
Westbury CourtThree Bedroom Townhome (T3)3BR,2.5BA$1.19
Meridian Lakes2Bed/2Ba-Up (H)2BR,2BA$1.17
The Elliott at College Park Apartment HomesTwo Bedroom 1.5 Bath2BR,1.5BA$1.07
The Eclipse Apartment HomesThe Vega w/Den - Upgraded1BR,1.5BA$1.41
The Grove on Harcourt1x1.5 Large Renovated1BR,1.5BA$1.30
ReNew at the Crossing1x11BR,1BA$1.41
Pickwick Farms Apartments1 BR, 1 Bath1BR,1BA$1.39
WoodlakeOne Bedroom Apartment1BR,1BA$1.38
Lakeshore Reserve Off 86th Apartments and TownhomesOne Bedroom1BR,1BA$1.42

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Lifestyle Ratings

Our team is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Northern Indianapolis, IN. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap North Willow Apartments

What is a cheap apartment in North Willow?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Willow is under $1,025.

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

The cheapest apartment in North Willow is The Meridian North and South which is listed at $714, while the average apartment in North Willow costs $1,756.

What types of apartments are the cheapest in North Willow?

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 7 regular apartments in North Willow 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 Willow?

Cheap apartments in North Willow have an average cost of $151 which is $1,605 cheaper than the average rent for all rentals in North Willow.

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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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

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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.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

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