Cheap Apartments for Rent in the United Northwest Neighborhood of Indianapolis, IN from $400 (91 Rentals)

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

property at 1254 W 23rd St

$750 - $795

1 To 2 Bedroom Rentals

Available Now

1254 W 23rd St

IndianapolisIN46208

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Charmwood Terrace
Studio to 2 Bedroom Apartments

Charmwood Terrace

3419 N Pennsylvania StIndianapolis, IN 46205
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Parkside At Tarkington
1 to 2 Bedroom Apartments

Parkside At Tarkington

3901 N Meridian StIndianapolis, IN 46208
Senior Living
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16 Park Apartments
1 to 4 Bedroom Apartments

16 Park Apartments

1621 N Park AveIndianapolis, IN 46202
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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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. Dunbar Court has the second lowest priced unit, which is a Studio apartment currently listed from $665. Here are the most affordable United Northwest apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Meridian TowersStudio ApartmentStudio,1BA$629
Dunbar CourtStudioStudio,1BA$665
Oxmoor Indy1BR/1.0BA1BR,1BA$699
INDY FLATSSherwood Std DStudio,1BA$705
34 North ApartmentsStudioStudio,1BA$725
St. Agnes ApartmentsStudio- Large 5th*Studio,1BA$789
Madison ApartmentsOne bedroom1BR,1BA$795
Parkway1 Bedroom1BR,1BA$799
The Riverside Apartment Homes1x1 Classic1BR,1BA$799
The Star2 Bed2BR,1BA$799

Best Value Apartments for Rent in United Northwest, IN

As of February 04, 2026 the best value apartment in the United Northwest area is the $0.83 price per square foot 2322 Guilford Ave Model at 2322 Guilford Ave, Unit A in the in the Martindale neighborhood starting from $1,250. The second greatest value United Northwest apartment is the AUB3 Model at Aura Apartments starting at $1,240 with a $1.02 price per square foot in the Cheswick Place 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.
2322 Guilford Ave, Unit A2322 Guilford Ave3BR,1BA$0.83
Aura ApartmentsAUB32BR,2BA$1.02
Mansion Row - Where Historic Charm Meets Modern Convenience!Spacious Two-Bedroom, Two-Bath Apartment Home!2BR,2BA$1.18
The Star2 Bed2BR,1BA$0.76
3326 Ruckle St, Unit Rear Apartment3326 Ruckle St1BR,1.5BA$1.19
1 & 2 Bedroom Apartments in Downtown Indianapolis - Meridian Plaza Awaits You!*Meridian Plaza*2BR,1BA$0.92
Canal Gardens2.1 40%2BR,1BA$0.93
Trail SideA1BR,1BA$1.12
Maple Court Apartments - Where City Convenience Meets Neighborhood Charm!2 Bed Remodel2BR,1BA$1.18
Oxmoor Indy1BR/1.0BA1BR,1BA$1.00

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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
United Northwest, Indianapolis, IN

Ranked #27

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 $1,667.

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 64 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 $283 which is $1,384 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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.