Cheap Apartments for Rent in the United Northwest Neighborhood of Indianapolis, IN from $400 (127 Rentals)

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

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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9 On Canal
Rent Specials
$910 - $3,315
Total Monthly Price

Total Monthly Price

Base Rent
$910 - $3,315
Total Monthly Price
$910 - $3,315
Studio to 3 Bedroom Apartments Available Now

9 On Canal

335 W 9th StIndianapolis, IN 46202
Furnished
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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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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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property at 3450 Graceland Ave

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075
Total Monthly Price
$1,075

3 Bedroom, 1 Bath Townhome for Rent

Available Now

3450 Graceland Ave

IndianapolisIN46208
property at 4155 Graceland Ave

$1,100 - $2,400

1 To 4 Bedroom Homes for Rent

Available Now

4155 Graceland Ave

IndianapolisIN46208

Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

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United Northwest, Indianapolis, IN Local Guide

Cheapest Available United Northwest Apartments for Rent

 

The cheapest available apartment rental in the United Northwest area of Indianapolis, IN is a Studio unit found at Meridian Towers priced from $629. INDY FLATS has the second lowest priced unit, which is a Studio apartment currently listed from $655. Here are the most affordable United Northwest apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Meridian TowersStudio ApartmentStudio,1BA$629
INDY FLATSSherwood Std DStudio,1BA$655
Oxmoor Indy1BR/1.0BA1BR,1BA$699
Maple Court Apartments - Where City Convenience Meets Neighborhood Charm!StudioStudio,1BA$725
34 North ApartmentsStudioStudio,1BA$725
1 & 2 Bedroom Apartments in Downtown Indianapolis - Meridian Plaza Awaits You!1B1BR,1BA$750
1733 N. Meridian1BR1BR,1BA$780
Parkway1 Bedroom1BR,1BA$799
Priscilla on PennsylvaniaStudio- 1st Floor CornerStudio,1BA$799
The Star2 Bed2BR,1BA$799

Best Value Apartments for Rent in United Northwest, IN

As of May 21, 2026 the best value apartment in the United Northwest area is the $1.03 price per square foot 4143 Central Ave Model at 4143 Central Ave, Unit 4143 in the in the United Northwest neighborhood starting from $1,550. The second greatest value United Northwest apartment is the 2031 Broadway St Model at 2031 Broadway St, Unit Broadway starting at $1,395 with a $1.03 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for United Northwest apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4143 Central Ave, Unit 41434143 Central Ave3BR,1BA$1.03
2031 Broadway St, Unit Broadway2031 Broadway St3BR,1BA$1.03
The Star2 Bed2BR,1BA$0.76
Aura ApartmentsAUA21BR,1BA$1.03
Oxmoor Indy3BR/1.0BA3BR,1BA$1.00
Canal Gardens2.1 40%2BR,1BA$0.93
Woods at Oak CrossingOne Bedroom One Bath1BR,1BA$1.14
Dunbar Court1 bedroom1BR,1BA$1.14
1733 N. Meridian1BR1BR,1BA$1.04
1 & 2 Bedroom Apartments in Downtown Indianapolis - Meridian Plaza Awaits You!1B1BR,1BA$1.03

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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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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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
United Northwest, Indianapolis, IN

Ranked #21

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including United Northwest, Indianapolis, and the greater Indianapolis area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and proximity to parks, transit availability, pet-friendly communities, features that make it easier to raise kids, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap United Northwest Apartments

What is a cheap apartment in United Northwest?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in United Northwest is under $799.

What is the price of a cheap apartment in United Northwest?

The cheapest apartment in United Northwest is Oxmoor Indy which is listed at $699, while the average apartment in United Northwest costs $1,932.

What types of apartments are the cheapest in United Northwest?

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 100 regular apartments in United Northwest 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 United Northwest?

Cheap apartments in United Northwest have an average cost of $341 which is $1,591 cheaper than the average rent for all rentals in United Northwest.

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

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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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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.

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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.

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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

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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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.