Cheap Apartments for Rent in the Northpoint Village Neighborhood of Indianapolis, IN from $500 (18 Rentals)

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

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Hampshire Court
1 to 2 Bedroom Apartments

Hampshire Court

2455 Rolls DrIndianapolis, IN 46268
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The Meridian North
1 to 3 Bedroom Apartments

The Meridian North

2100 Westlane RdIndianapolis, IN 46260
Corporate Housing

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

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Northpoint Village, Indianapolis, IN Local Guide

Cheapest Available Northpoint Village Apartments for Rent

 

The cheapest available apartment rental in the Northpoint Village area of Indianapolis, IN is a 1 Bed unit found at The Meridian North and South priced from $699. Carlton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Northpoint Village apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Meridian North and SouthA2S South1BR,1BA$699
Carlton ApartmentsVilla1BR,1BA$800
Slate Run Lofts and ApartmentsStudio-AptsStudio,1BA$800
AnnhurstOne Bed One Bath1BR,1BA$809
Covered BridgeOne Bedroom One Bath1BR,1BA$809

Best Value Apartments for Rent in Northpoint Village, IN

As of January 15, 2026 the best value apartment in the Northpoint Village area is the $1.39 price per square foot C1R North Model at The Meridian North and South in the in the Faith Knoll neighborhood starting from $1,807. The second greatest value Northpoint Village apartment is the The Newburgh Model at Private Reserve Townhomes starting at $1,379 with a $1.07 price per square foot in the Spring Arbor neighborhood. Here is today’s list of the best values for Northpoint Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Meridian North and SouthC1R North3BR,1.5BA$1.39
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
North Willow2 Bed/1 Ba w/FP-Up2BR,1BA$1.30
Willow Lake ApartmentsKeystone1BR,1BA$1.38
The Grove on 79th1x1,5 Townhome Renovated1BR,1.5BA$1.20
Westbury CourtTwo Bedroom One Bathroom (CN1)2BR,1BA$1.07
The Grove on Harcourt1x1,5 Upgrade1BR,1.5BA$1.16
The Elliott at College Park Apartment HomesOne Bedroom1BR,1BA$1.36
Covered BridgeOne Bedroom One Bath1BR,1BA$1.15
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$1.33

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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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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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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Pet Friendly Lifestyle
Northpoint Village, Indianapolis, IN

Ranked #75

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Northpoint Village, Indianapolis, IN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Northpoint Village, Indianapolis, and the greater Indianapolis area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, pet-friendly features, features that make it easier to raise kids, proximity to transit, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Northpoint Village Apartments

What is a cheap apartment in Northpoint Village?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Northpoint Village is under $949.

What is the price of a cheap apartment in Northpoint Village?

The cheapest apartment in Northpoint Village is The Meridian North and South which is listed at $699, while the average apartment in Northpoint Village costs $1,415.

What types of apartments are the cheapest in Northpoint Village?

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 66 regular apartments in Northpoint Village 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 Northpoint Village?

Cheap apartments in Northpoint Village have an average cost of $218 which is $1,197 cheaper than the average rent for all rentals in Northpoint Village.

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

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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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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.

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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.

Articles, How-To's, and Tips

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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!