Cheap Apartments for Rent in the Old Northside Neighborhood of Indianapolis, IN from $500 (81 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old Northside area of Indianapolis.

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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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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Axis
Rent Specials
$1,164 - $3,244Studio to 2 Bedroom Apartments Available Now

Axis

401 N Senate AveIndianapolis, IN 46204
Corporate Housing
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  • Customer Reviewed
  • Matterport 3D Tour

Cash 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.

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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.

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16 Park Apartments
1 to 4 Bedroom Apartments

16 Park Apartments

1621 N Park AveIndianapolis, IN 46202
  • Utilities Included
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Northside Flats Apartments
Studio to 2 Bedroom Apartments

Northside Flats Apartments

1503 N Pennsylvania StIndianapolis, IN 46202
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The Jordan
Studio to 1 Bedroom Apartments

The Jordan

1445 N Delaware StIndianapolis, IN 46202
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Old Northside, Indianapolis, IN Local Guide

Cheapest Available Old Northside Apartments for Rent

 

The cheapest available apartment rental in the Old Northside area of Indianapolis, IN is a 1 Bed unit found at The Whitaker priced from $895. Madison Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Old Northside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The WhitakerOne Bedroom1BR,1BA$895
Madison ApartmentsOne bedroom1BR,1BA$925
Senate ManorS.1 CStudio,1BA$930
Trail SideA1BR,1BA$938
1010 CentralLoft 50%1BR,1BA$956
Traymore ApartmentsOne Bedroom1BR,1BA$960
St. JamesOne Bedroom - Sublevel1BR,1BA$980
Devonshire Apartments in Downtown Indianapolis1BR/1.0BA1BR,1BA$990
College Manor1 BR1BR,1BA$990
Circle City ApartmentsWinterhouse Studio 410Studio,1BA$995

Best Value Apartments for Rent in Old Northside, IN

As of October 26, 2025 the best value apartment in the Old Northside area is the $1.28 price per square foot Two Bedroom Two Bath (1,184 - 1,194 Square Feet) Model at Gardens of Canal Court in the in the Near North Indianapolis neighborhood starting from $1,533. The second greatest value Old Northside apartment is the Raleigh 2B 1004 Model at Raleigh starting at $1,600 with a $1.59 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for Old Northside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gardens of Canal CourtTwo Bedroom Two Bath (1,184 - 1,194 Square Feet)2BR,2BA$1.28
RaleighRaleigh 2B 10042BR,2BA$1.59
Indy Colonial ApartmentsOne Bedroom1BR,1BA$1.05
PavillionTwo Bedrooms, One Bathroom2BR,1BA$1.41
Trail SideA1BR,1BA$1.12
Colmar ApartmentsFront One Bedroom1BR,1BA$1.53
Van DykeVan Dyke 1B 8301BR,1BA$1.55
The Washington2 Bedroom2BR,1BA$1.47
College Manor1 BR1BR,1BA$1.48
The WhitakerOne Bedroom1BR,1BA$1.49

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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Your 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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Quick 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 Lifestyle
Old Northside, Indianapolis, IN

Ranked #11

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Old Northside, Indianapolis, IN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in metropolitan areas across the United States and customized analysis for Central Indianapolis, IN. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Old Northside Neighborhood in Indianapolis, IN

Walk Score®

82 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

76 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

53 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Old Northside Apartments

What is the Cheapest Studio apartment in Old Northside?

Currently the most affordable Cheap Studio Apartment in Old Northside is at Senate Manor listed at $930.

How much is rent for a Cheap One Bedroom Old Northside Apartment?

The lowest price for a Cheap One Bedroom Old Northside Apartment is $895 at The Whitaker.

What is the lowest price for a Cheap Two Bedroom Old Northside Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Old Northside is starting from $995 at The Whitaker.

What is the most affordable Old Northside Three Bedroom Apartment?

The best deal on a cheap Old Northside Three Bedroom Apartment rental is at 9 On Canal and starts from $3,000.

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.

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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.