1043 N Holmes Ave
IndianapolisIN46222
Cheap Homes for Rent in Northwest Indianapolis Neighborhood of Indianapolis, IN from $300 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Northwest Indianapolis area of Indianapolis.
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$7492 Bedroom Apartments Available Now
3014 W 10th St, Unit 2
3014 W 10th StIndianapolis, IN 46222
3014 W 10th St
IndianapolisIN46222
1165 N Concord St
IndianapolisIN46222
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.
1460 W 32nd St
IndianapolisIN46208
5376 W 10th St
IndianapolisIN46224
2248 N Harding St
IndianapolisIN46208
1150 N White River Pkwy Dr W
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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Northwest Indianapolis, Indianapolis, IN Local Guide
How much does it cost to rent a home in Northwest Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Northwest Indianapolis 2 Bedroom Homes for Rent | $1,298 | $749 | $1,695 |
| Northwest Indianapolis 3 Bedroom Homes for Rent | $1,534 | $1,200 | $2,295 |
| Northwest Indianapolis 4 Bedroom Homes for Rent | $1,795 | $1,495 | $2,095 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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
- Nearby Indianapolis neighborhoods
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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. The Legend at Speedway has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. 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 |
| The Legend at Speedway | A1 | 1BR,1BA | $799 |
| The Meadows Apartment Homes | 1x1 Williamsburg Classic | 1BR,1BA | $809 |
Best Value Apartments for Rent in Northwest Indianapolis, IN
As of May 04, 2026 the best value apartment in the Northwest Indianapolis area is the $1.24 price per square foot 3x2 Renovated Model at The Fields Apartment Homes in the in the Cheswick Place neighborhood starting from $1,579. The second greatest value Northwest Indianapolis apartment is the Two Bedroom One Bath Townhome Model at El Dorado starting at $1,069 with a $0.96 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 Fields Apartment Homes | 3x2 Renovated | 3BR,2BA | $1.24 |
| El Dorado | Two Bedroom One Bath Townhome | 2BR,1BA | $0.96 |
| Mansion Row - Where Historic Charm Meets Modern Convenience! | 7178B1 Traditional 2x2 (1100 sqft) | 2BR,2BA | $1.27 |
| Aura Apartments | AUA2 | 1BR,1BA | $0.98 |
| Carriage House West | The Kincaid | 2BR,1.5BA | $1.40 |
| Wildwood Village Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.28 |
| The Stratford | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.18 |
| Waterfront Terrace | 1 Bed 1 Bath | 1BR,1BA | $1.31 |
| The Meadows Apartment Homes | 1x1 Williamsburg Classic | 1BR,1BA | $1.26 |
| The Legend at Speedway | A1 | 1BR,1BA | $1.40 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
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Pet Friendly LifestyleNorthwest Indianapolis, Indianapolis, IN
Ranked #163
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Northwest Indianapolis, Indianapolis, IN
Clarence Farrington School 61
Indianapolis Public Schools
Public School - Grades PK-5 (467)
3 out of 10
School data provided by Great Schools
Frequently Asked Questions about Northwest Indianapolis
What type of rentals are currently available in Northwest Indianapolis?
There are currently 54 Apartments for Rent in Northwest Indianapolis, IN with pricing that ranges from $600 to $3,770. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Northwest Indianapolis ranging from $375 to $2,295.
What is the current price range for Rental Homes in Northwest Indianapolis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Northwest Indianapolis ranges from $375 to $2,295 with an average monthly rent of $1,369.
How much are larger Three and Four Bedroom Rentals in Northwest Indianapolis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Northwest Indianapolis range from $1,200 to $1,985, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,295. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $600.
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.