Cheap 3 Bedroom Apartments for Rent in the Near North Indianapolis Neighborhood of Indianapolis, IN from $1,662 (1 Rental)
Near North Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
Near North Indianapolis, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Near North Indianapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Near North Indianapolis Studio Apartments | $1,110 | $585 | $1,517 |
Near North Indianapolis 1 Bedroom Apartments | $1,342 | $740 | $2,168 |
Near North Indianapolis 2 Bedroom Apartments | $1,813 | $900 | $3,748 |
Near North Indianapolis 3 Bedroom Apartments | $2,423 | $1,662 | $4,040 |
Near North Indianapolis 4 Bedroom Apartments | $1,275 | $989 | $2,420 |
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Near North Indianapolis, Indianapolis, IN Local Guide
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Frequently Asked Questions about Cheap Near North Indianapolis Apartments
What is a cheap apartment in Near North Indianapolis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near North Indianapolis is under $1,009.
What is the price of a cheap apartment in Near North Indianapolis?
The cheapest apartment in Near North Indianapolis is Ralston Apartments which is listed at $1,874, while the average apartment in Near North Indianapolis costs $2,300.
What types of apartments are the cheapest in Near North Indianapolis?
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 22 regular apartments in Near North Indianapolis 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 Near North Indianapolis?
Cheap apartments in Near North Indianapolis have an average cost of $463 which is $1,837 cheaper than the average rent for all rentals in Near North Indianapolis.
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.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.