Cheap Apartments for Rent in the United Northwest Neighborhood of Indianapolis, IN from $400 (96 Rentals)

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

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

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property at 1254 W 23rd St

$750 - $795

1 To 2 Bedroom Rentals

Available Now

1254 W 23rd St

IndianapolisIN46208
property at 146 E 19th St

$824

2 Bedroom Rentals

Available Now

146 E 19th St

IndianapolisIN46202

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

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Charmwood Terrace
Studio to 2 Bedroom Apartments

Charmwood Terrace

3419 N Pennsylvania StIndianapolis, IN 46205

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 $699. Oxmoor Indy has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable United Northwest apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Meridian TowersStudio ApartmentStudio,1BA$699
Oxmoor Indy1BR/1.0BA1BR,1BA$699
The Sheldrake ApartmentsStudio HybridStudio,1BA$700
INDY FLATSSherwood Std DStudio,1BA$705
34 North ApartmentsFour Bedroom4BR,2BA$720
St. Agnes Apartments5th Floor Studio LargeStudio,1BA$785
The Riverside Apartment Homes1x1 Classic1BR,1BA$799
Parkway1 Bedroom1BR,1BA$799
The Star2 Bed2BR,1BA$799
Canal Gardens2.1 40%2BR,1BA$891

Best Value Apartments for Rent in United Northwest, IN

As of December 31, 2025 the best value apartment in the United Northwest area is the $1.19 price per square foot B1 Model at 946 MLK in the in the Near North Indianapolis neighborhood starting from $1,800. The second greatest value United Northwest apartment is the 2322 Guilford Ave Model at 2322 Guilford Ave, Unit A starting at $1,300 with a $0.87 price per square foot in the Martindale 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.
946 MLKB13BR,2BA$1.19
2322 Guilford Ave, Unit A2322 Guilford Ave3BR,1BA$0.87
Aura ApartmentsAUB2RENO2BR,1BA$1.21
Mansion Row - Where Historic Charm Meets Modern Convenience!7178B1 Traditional 2x2 (1100 sqft)2BR,2BA$1.18
The Star2 Bed2BR,1BA$0.76
3326 Ruckle St, Unit Rear Apartment3326 Ruckle St1BR,1.5BA$1.19
Canal Gardens2.1 40%2BR,1BA$0.93
Union at 16th2 Bed 2 Bath2BR,2BA$1.25
Trail SideA1BR,1BA$1.12
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 #26

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 $891.

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 $1,820.

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 128 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 $332 which is $1,488 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.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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!