close
View Me
Rent Specials
$620 - $1,350Studio to 3 Bedroom Apartments Available Now
The Stratford
3201 Watergate RdIndianapolis, IN 46224
Cheap Apartments for Rent in the Northwest Indianapolis Neighborhood of Indianapolis, IN from $400 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Northwest Indianapolis area of Indianapolis.
1344 Burdsal Pkwy
IndianapolisIN46208
1344 Burdsal Pkwy
IndianapolisIN46208
close
View Me
$684 - $1,3501 to 3 Bedroom Apartments Available Now
Union at 16th
2152 Emrich LnIndianapolis, IN 46222
close
View Me
close
View Me
Rent Specials
$750 - $1,3501 to 2 Bedroom Apartments Available Now
Wildwood Village Apartments
3491 Timbersedge DrIndianapolis, IN 46222
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.
1254 W 23rd St
IndianapolisIN46208
close
View Me
Rent Specials
$779 - $1,219Studio to 2 Bedroom Apartments Available Now
The Cedars Apartment Homes
3417 N Rybolt AveIndianapolis, IN 46222
close
View Me
$779 - $1,4091 to 3 Bedroom Apartments Available Now
The Fields Apartment Homes
3215 N Alton AveIndianapolis, IN 46222
2037 N Luett Ave
IndianapolisIN46222
Spacious 2BR/1BA located on the west side of Indy close to downtown
1005 N Pershing Ave
IndianapolisIN46222
close
View Me
Rent Specials
$799 - $1,3291 to 2 Bedroom Apartments Available Now
The Riverside Apartment Homes
2638 Cold Spring Manor DrIndianapolis, IN 46222
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.
close
View Me
Rent Specials
$799 - $1,3191 to 3 Bedroom Apartments Available Now
The Meadows Apartment Homes
5505 Scarlet DrIndianapolis, IN 46224
1442 W Congress Ave
IndianapolisIN46208
1314 Medford Ave
IndianapolisIN46222
close
View Me
Rent Specials
$809 - $1,5361 to 3 Bedroom Apartments Available Now
The Life at White Pines
3287 Tara CtIndianapolis, IN 46224
close
View Me
$850 - $1,3991 to 3 Bedroom Apartments Contact Us For Availability
Waterfront Terrace
3510 Kebil DrIndianapolis, IN 46224
1326 Medford Ave
IndianapolisIN46222
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.
close
View Me
Rent Specials
$875 - $1,2841 to 4 Bedroom Apartments Available Now
El Dorado Apartments
3621 Lawnview LnIndianapolis, IN 46222
close
View Me
close
View Me
3014 W 10th St
IndianapolisIN46222
1230 N Belmont Ave
IndianapolisIN46222
close
View Me
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
close
View Me
close
View Me
close
View Me
Showing Results 1-27, Page 1 of 1
Northwest Indianapolis, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Northwest Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Northwest Indianapolis Studio Apartments | $1,097 | $620 | $1,546 |
| Northwest Indianapolis 1 Bedroom Apartments | $1,126 | $675 | $1,890 |
| Northwest Indianapolis 2 Bedroom Apartments | $1,302 | $749 | $2,557 |
| Northwest Indianapolis 3 Bedroom Apartments | $1,399 | $1,023 | $1,899 |
| Northwest Indianapolis 4 Bedroom Apartments | $938 | $600 | $3,267 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Northwest Indianapolis Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Northwest Indianapolis, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Northwest Indianapolis Apartments for Rent
The cheapest available apartment rental in the Northwest Indianapolis area of Indianapolis, IN is a Studio unit found at The Stratford priced from $620. Union at 16th has the second lowest priced unit, which is a 1 Bed apartment currently listed from $684. Here are the most affordable Northwest Indianapolis apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Stratford | Studio | Studio,1BA | $620 |
| Union at 16th | 1 Bed 1 Bath | 1BR,1BA | $684 |
| Wildwood Village Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $750 |
| The Fields Apartment Homes | 1x1 Classic | 1BR,1BA | $779 |
| The Legend at Speedway | A1 | 1BR,1BA | $799 |
| The Riverside Apartment Homes | 1x1 Classic | 1BR,1BA | $799 |
| The Life at White Pines | PINE | 1BR,1BA | $809 |
| El Dorado Apartments | 1 Bed 1 Bath | 1BR,1BA | $875 |
| Aura Apartments | AUA2 | 1BR,1BA | $949 |
| The Meadows Apartment Homes | 1x1 Williamsburg Renovated | 1BR,1BA | $979 |
Best Value Apartments for Rent in Northwest Indianapolis, IN
As of December 29, 2025 the best value apartment in the Northwest Indianapolis area is the $1.21 price per square foot AUB2RENO Model at Aura Apartments in the in the Cheswick Place neighborhood starting from $1,450. The second greatest value Northwest Indianapolis apartment is the CYPRESS Model at The Life at White Pines starting at $1,536 with a $1.28 price per square foot in the Cheswick Place neighborhood. Here is today’s list of the best values for Northwest Indianapolis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Aura Apartments | AUB2RENO | 2BR,1BA | $1.21 |
| The Life at White Pines | CYPRESS | 3BR,2BA | $1.28 |
| Mansion Row - Where Historic Charm Meets Modern Convenience! | 7178B1 Traditional 2x2 (1100 sqft) | 2BR,2BA | $1.18 |
| The Riverside Apartment Homes | 2x1 Townhome Renovated | 2BR,1BA | $1.48 |
| Union at 16th | 2 Bed 2 Bath | 2BR,2BA | $1.25 |
| Wildwood Village Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.28 |
| The Cedars Apartment Homes | 2x1 - Renovated | 2BR,1BA | $1.48 |
| The Stratford | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.18 |
| The Fields Apartment Homes | 1x1 Classic | 1BR,1BA | $1.18 |
| The Legend at Speedway | A1 | 1BR,1BA | $1.40 |
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.
Read Article
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.
Read ArticleCash 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.
Read ArticleYour 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
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Northwest Indianapolis area?
If you’re an expert on all things Northwest Indianapolis, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleNorthwest Indianapolis, Indianapolis, IN
Ranked #151
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Northwest Indianapolis, Indianapolis, IN
Clarence Farrington School 61
Indianapolis Public Schools
Public School - Grades PK-6 (467)
3 out of 10
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States including Northwest Indianapolis, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Northwest Indianapolis Apartments
What is a cheap apartment in Northwest Indianapolis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Northwest Indianapolis is under $979.
What is the price of a cheap apartment in Northwest Indianapolis?
The cheapest apartment in Northwest Indianapolis is Union at 16th which is listed at $684, while the average apartment in Northwest Indianapolis costs $1,384.
What types of apartments are the cheapest in Northwest Indianapolis?
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 40 regular apartments in Northwest Indianapolis 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 Northwest Indianapolis?
Cheap apartments in Northwest Indianapolis have an average cost of $243 which is $1,141 cheaper than the average rent for all rentals in Northwest Indianapolis.
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.
Articles, How-To's, and Tips
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!