1043 N Holmes Ave
IndianapolisIN46222
Cheap Apartments for Rent in the Northwest Indianapolis Neighborhood of Indianapolis, IN from $400 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Northwest Indianapolis area of Indianapolis.
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Rent Specials
$620 - $1,350Studio to 3 Bedroom Apartments Available Now
The Stratford
3201 Watergate RdIndianapolis, IN 46224
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Rent Specials
$750 - $1,3501 to 2 Bedroom Apartments Available Now
Wildwood Village Apartments
3491 Timbersedge DrIndianapolis, IN 46222
1254 W 23rd St
IndianapolisIN46208
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Rent Specials
$779 - $1,299Studio to 2 Bedroom Apartments Available Now
The Cedars Apartment Homes
3417 N Rybolt AveIndianapolis, IN 46222
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$779 - $1,4091 to 3 Bedroom Apartments Available Now
The Fields Apartment Homes
3215 N Alton AveIndianapolis, IN 46222
2037 N Luett Ave
IndianapolisIN46222
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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Rent Specials
$799 - $1,3291 to 2 Bedroom Apartments Available Now
The Riverside Apartment Homes
2638 Cold Spring Manor DrIndianapolis, IN 46222
1442 W Congress Ave
IndianapolisIN46208
1314 Medford Ave
IndianapolisIN46222
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Rent Specials
$849 - $1,6861 to 3 Bedroom Apartments Available Now
The Life at White Pines
3287 Tara CtIndianapolis, IN 46224
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$850 - $1,3991 to 3 Bedroom Apartments Contact Us For Availability
Waterfront Terrace
3510 Kebil DrIndianapolis, IN 46224
1326 Medford Ave
IndianapolisIN46222
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Rent Specials
$875 - $1,1981 to 4 Bedroom Apartments Available Now
El Dorado Apartments
3621 Lawnview LnIndianapolis, 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.
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Studio Apartments
Fisher Apartments
5125 W 10th StIndianapolis, IN 46224
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Studio to 3 Bedroom Apartments
Pinewood Village Apartments
5402 Norfolk WayIndianapolis, IN 46224
1344 Burdsal Pkwy
IndianapolisIN46208
3014 W 10th St
IndianapolisIN46222
1230 N Belmont Ave
IndianapolisIN46222
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1 to 2 Bedroom Apartments
The Reserve at White River
2774 Pixel RdIndianapolis, IN 46222
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1 to 2 Bedroom Apartments
Lafayette Landing at Kessler
2333 Lafayette RdIndianapolis, IN 46222
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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Studio to 2 Bedroom Apartments
Eagledale Senior Apartments
2930 Lafayette RdIndianapolis, IN 46222
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1 to 2 Bedroom Apartments
The Legend at Speedway
2202 Fair Oaks DrSpeedway, IN 46224
Showing Results 1-23, 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 | $1,036 | $620 | $1,391 |
| Northwest Indianapolis 1 Bedroom Apartments | $1,152 | $750 | $1,890 |
| Northwest Indianapolis 2 Bedroom Apartments | $1,313 | $795 | $2,557 |
| Northwest Indianapolis 3 Bedroom Apartments | $1,366 | $962 | $1,899 |
| Northwest Indianapolis 4 Bedroom Apartments | $773 | $600 | $1,198 |
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Northwest Indianapolis Neighborhood of Indianapolis, IN.
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Northwest Indianapolis, Indianapolis, IN Local Guide
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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. Wildwood Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. 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 |
| Wildwood Village Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $750 |
| The Cedars Apartment Homes | Studio Apartment - Classic | Studio,1BA | $779 |
| The Legend at Speedway | A1 | 1BR,1BA | $799 |
| The Riverside Apartment Homes | 1x1 Classic | 1BR,1BA | $799 |
Best Value Apartments for Rent in Northwest Indianapolis, IN
As of January 21, 2026 the best value apartment in the Northwest Indianapolis area is the $1.41 price per square foot CYPRESS Model at The Life at White Pines in the in the Cheswick Place neighborhood starting from $1,686. The second greatest value Northwest Indianapolis apartment is the 3 Bed 2 Bath Model at Union at 16th starting at $1,250 with a $1.13 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. |
|---|---|---|---|
| The Life at White Pines | CYPRESS | 3BR,2BA | $1.41 |
| Union at 16th | 3 Bed 2 Bath | 3BR,2BA | $1.13 |
| Aura Apartments | AUA2RENO | 1BR,1BA | $1.10 |
| The Riverside Apartment Homes | 2x1 Townhome Renovated | 2BR,1BA | $1.48 |
| Wildwood Village Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.28 |
| Mansion Row - Where Historic Charm Meets Modern Convenience! | 7178A5 1x1.5 (800 sqft) | 1BR,1.5BA | $1.25 |
| The Hermitage | The Lodge | 1BR,1BA | $1.42 |
| The Stratford | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.18 |
| The Fields Apartment Homes | 1x1 Upgrade | 1BR,1BA | $1.33 |
| 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.
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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.
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
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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.
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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 $999.
What is the price of a cheap apartment in Northwest Indianapolis?
The cheapest apartment in Northwest Indianapolis is Wildwood Village Apartments which is listed at $750, while the average apartment in Northwest Indianapolis costs $1,370.
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 39 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 $245 which is $1,125 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
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.
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!