
Cheap Homes for Rent in Northwest Indianapolis Neighborhood of Indianapolis, IN from $300 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Northwest Indianapolis area of Indianapolis.


1111 Medford Ave

1058 N Traub Ave

1364 W 22nd St
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.

3302 N Harding St

Spacious 2BR Apartment on Westside

954 N Concord St

1230 N Belmont Ave
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.

1930 Koehne St
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 | $1,340 | $799 | $2,000 |
Northwest Indianapolis 3 Bedroom Homes for Rent | $1,636 | $1,195 | $3,300 |
Northwest Indianapolis 4 Bedroom Homes for Rent | $1,831 | $1,400 | $2,295 |
Northwest Indianapolis 5 Bedroom Homes for Rent | $2,349 | $1,999 | $2,700 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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 1 Bed unit found at Wildwood Village Apartments priced from $750. Riverside Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $760. Here are the most affordable Northwest Indianapolis apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Wildwood Village Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $750 |
Riverside Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $760 |
Fields Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $783 |
Best Value Apartments for Rent in Northwest Indianapolis, IN
As of July 28, 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 $1,399. The second greatest value Northwest Indianapolis apartment is the 3 Bedroom 1 Bath Model at El Dorado starting at $1,285 with a $1.07 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 | $1.17 |
El Dorado | 3 Bedroom 1 Bath | 3BR,1BA | $1.07 |
Mansion Row - Where Historic Charm Meets Modern | 7178B1 Traditional 2x2 (1100 sqft) | 2BR,2BA | $1.24 |
Wildwood Village Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.28 |
Cedars Apartments | 2 Bedroom | 2BR,1BA | $1.47 |
The Stratford | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.11 |
Fields Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.19 |
Riverside Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.27 |
The Legend at Speedway | A1 | 1BR,1BA | $1.38 |
Meadows Apartments | Studio Apartment | Studio ,1BA | $1.47 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Northwest Indianapolis
What type of rentals are currently available in Northwest Indianapolis?
There are currently 50 Apartments for Rent in Northwest Indianapolis, IN with pricing that ranges from $550 to $3,469. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in Northwest Indianapolis ranging from $650 to $3,300.
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 $650 to $3,300 with an average monthly rent of $1,593.
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 $1,188 to $3,469, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $3,300. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $550.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.