Cheap Apartments for Rent in the Old Northside Neighborhood of Indianapolis, IN from $500 (107 Rentals)

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

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9 On Canal
Rent Specials
$1,060 - $3,315
Total Monthly Price

Total Monthly Price

Base Rent
$1,060 - $3,315
Total Monthly Price
$1,060 - $3,315
Studio to 3 Bedroom Apartments Available Now

9 On Canal

335 W 9th StIndianapolis, IN 46202
Furnished
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  • Customer Reviewed
  • 3D Tour

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Old Northside - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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Barbee
1 Bedroom Apartments

Barbee

1215 N Pennsylvania StIndianapolis, IN 46202
  • Utilities Included

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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 Studio unit found at INDY FLATS priced from $705. The Sheldrake Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $705. Here are the most affordable Old Northside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
INDY FLATSSherwood Std DStudio,1BA$705
The Sheldrake ApartmentsStudio HybridStudio,1BA$705
1733 N. Meridian1BR1BR,1BA$780
Priscilla on PennsylvaniaStudio- 1st Floor CornerStudio,1BA$799
The Davlan2-12BR,1BA$846
Senate ManorS.1 BStudio,1BA$930
1010 CentralLoft 50%1BR,1BA$934
Circle CityS8 Van DykeStudio,1BA$975
College Manor1 BR1BR,1BA$995
The Washington2 Bedroom2BR,1BA$1,025

Best Value Apartments for Rent in Old Northside, IN

As of July 22, 2026 the best value apartment in the Old Northside area is the $1.34 price per square foot Two Bedroom Two Bath (1,311 Square Feet) Model at Gardens of Canal Court in the in the Near North Indianapolis neighborhood starting from $1,758. The second greatest value Old Northside apartment is the 2 Beds, 2.5 Baths Model at 402 E New York St starting at $1,849 with a $1.55 price per square foot in the Riley 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 (1,311 Square Feet)2BR,2BA$1.34
402 E New York St2 Beds, 2.5 Baths2BR,2.5BA$1.55
St. Joseph Flats2Bed 1Bath2BR,1BA$1.58
The Davlan2-12BR,1BA$0.95
The McKayMcKay 1B 8311BR,1BA$1.48
Van DykeVan Dyke 1B 8301BR,1BA$1.55
1733 N. Meridian1BR1BR,1BA$1.04
The Washington2 Bedroom2BR,1BA$1.47
College Manor1 BR1BR,1BA$1.49
The Sheldrake ApartmentsStudio HybridStudio ,1BA$1.55

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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Old Northside, Indianapolis, IN

Ranked #23

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!

Frequently Asked Questions about Cheap Old Northside Apartments

What is a cheap apartment in Old Northside?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Northside is under $1,025.

What is the price of a cheap apartment in Old Northside?

The cheapest apartment in Old Northside is 1733 N. Meridian which is listed at $780, while the average apartment in Old Northside costs $6,771.

What types of apartments are the cheapest in Old Northside?

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 67 regular apartments in Old Northside 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 Old Northside?

Cheap apartments in Old Northside have an average cost of $387 which is $6,384 cheaper than the average rent for all rentals in Old Northside.

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.

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