Cheap Homes for Rent in Northwest Indianapolis Neighborhood of Indianapolis, IN from $700 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in the Northwest Indianapolis area of Indianapolis.

property at 2932 W 11th St

2932 W 11th St

IndianapolisIN46222
Showing Results 1-10, Page 1 of 1

Northwest Indianapolis, Indianapolis, IN Local Guide

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 $520. The Fields Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $779. Here are the most affordable Northwest Indianapolis apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The StratfordStudioStudio,1BA$520
The Fields Apartment Homes1 Bedroom 1 Bath Apartment1BR,1BA$779
The Cedars Apartment HomesStudio ApartmentStudio,1BA$799

Best Value Apartments for Rent in Northwest Indianapolis, IN

As of November 15, 2025 the best value apartment in the Northwest Indianapolis area is the $1.17 price per square foot AUB2RENO Model at Aura Apartments in the in the Cheswick Place neighborhood starting from $1,400. The second greatest value Northwest Indianapolis apartment is the 7178B1 Traditional 2x2 (1100 sqft) Model at Mansion Row - Where Historic Charm Meets Modern starting at $1,299 with a $1.18 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Aura ApartmentsAUB2RENO2BR,1BA$1.17
Mansion Row - Where Historic Charm Meets Modern7178B1 Traditional 2x2 (1100 sqft)2BR,2BA$1.18
The Meadows Apartment Homes2x1 Townhouse2BR,1BA$1.16
The Residence at White River ApartmentsHARRISON - B12BR,1BA$1.35
The Life at White PinesPINE1BR,1BA$1.16
Vivio on TenthPer Bedroom - 2x2 B5 728sf2BR,2BA$1.35
The Fields Apartment Homes1 Bedroom 1 Bath Apartment1BR,1BA$1.18
Wildwood Village Apartments1 Bedroom 1 Bathroom1BR,1BA$1.42
The Stratford1 Bedroom 1 Bathroom1BR,1BA$1.23
Waterfront Terrace1 Bed 1 Bath1BR,1BA$1.31

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Northwest Indianapolis, Indianapolis, IN

Ranked #164

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Northwest Indianapolis, Indianapolis, IN

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 56 Apartments for Rent in Northwest Indianapolis, IN with pricing that ranges from $600 to $4,210. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Northwest Indianapolis ranging from $749 to $2,190.

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 $749 to $2,190 with an average monthly rent of $1,394.

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 $1,047 to $1,899, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,175 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $600.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.