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from $585Studio to 2 Bedroom Apartments Available Now
The Sheldrake Apartments
2258 N Meridian StIndianapolis, IN 46208
Cheap Apartments for Rent in the Near North Indianapolis Neighborhood of Indianapolis, IN from $400 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near North Indianapolis area of Indianapolis.
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from $605Studio to 1 Bedroom Apartments Contact Us For Availability
Indy Flats
1304 N Delaware StIndianapolis, IN 46202
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from $640Studio to 1 Bedroom Apartments Contact Us For Availability
Dunbar Court
1022 Dr Martin Luther King StIndianapolis, IN 46202
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from $740Studio to 1 Bedroom Apartments Available Now
St. Agnes Apartments
1350 N Meridian StIndianapolis, IN 46202
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from $1,0852 Bedroom Apartments Available Jun 13
The Washington
1401 N Pennsylvania StIndianapolis, IN 46202
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from $8451 to 2 Bedroom Apartments Available May 14
The Whitaker
1504 N Pennsylvania StIndianapolis, IN 46202
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from $8501 Bedroom Apartments Available May 13
Traymore Apartments
1402 N Alabama StIndianapolis, IN 46202
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from $9001 to 2 Bedroom Apartments Available Apr 9
Utomin Apartments
1112 N College AveIndianapolis, IN 46202
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!
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from $875Studio Apartments Available Now
Priscilla on Pennsylvania
1309 N Pennsylvania StIndianapolis, IN 46202
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from $910Studio to 2 Bedroom Apartments Available Now
Circle City Apartments
1321 N Meridian StIndianapolis, IN 46202
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Maryden on Central
1308 Central AveIndianapolis, IN 46202
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from $9891 to 2 Bedroom Apartments Available Now
Lockefield Gardens
737 Lockefield LnIndianapolis, IN 46202
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Studio to 2 Bedroom Apartments
Illinois Street Senior Apartments
1352 N Illinois StIndianapolis, IN 46202
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Showing Results 1-37, Page 1 of 1
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 | $1,160 | $585 | $2,510 |
| Near North Indianapolis 1 Bedroom Apartments | $1,361 | $740 | $2,370 |
| Near North Indianapolis 2 Bedroom Apartments | $1,817 | $900 | $3,748 |
| Near North Indianapolis 3 Bedroom Apartments | $2,386 | $1,495 | $4,040 |
| Near North Indianapolis 4 Bedroom Apartments | $1,275 | $989 | $2,420 |
Browse Apartments in this Neighborhood
There are currently 37 rentals with your search options within a 1 mile radius of the Near North Indianapolis Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Near North Indianapolis, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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Cheapest Available Near North Indianapolis Apartments for Rent
The cheapest available apartment rental in the Near North Indianapolis area of Indianapolis, IN is a Studio unit found at Illinois Street Senior Apartments priced from $462. 1010 Central has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. Here are the most affordable Near North Indianapolis apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Illinois Street Senior Apartments | Studio 3 30% | Studio,1BA | $462 |
| 1010 Central | Loft 40% | 1BR,1BA | $690 |
| St. Agnes Apartments | *Studio- Loft | Studio,1BA | $740 |
| 1733 N. Meridian | 1BR | 1BR,1BA | $780 |
| The Seminole | 1br | 1BR,1BA | $833 |
| Priscilla on Pennsylvania | Studio | Studio,1BA | $875 |
| The Sheldrake Apartments | 2 Bedroom | 2BR,1BA | $900 |
| Van Dyke | Van Dyke Studio 463 | Studio,1BA | $970 |
| Circle City Apartments | Van Dyke Studio 463 | Studio,1BA | $970 |
| Lockefield Gardens | Standard One Bedroom (S1) | 1BR,1BA | $991 |
Best Value Apartments for Rent in Near North Indianapolis, IN
As of April 08, 2025 the best value apartment in the Near North Indianapolis area is the $1.29 price per square foot Two Bedroom Two Bath (1,184 - 1,194 Square Feet) Model at Gardens of Canal Court in the in the Near North Indianapolis neighborhood starting from $1,543. The second greatest value Near North Indianapolis apartment is the The Lockerbie 60% Model at 707 North starting at $1,324 with a $1.31 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for Near North Indianapolis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Gardens of Canal Court | Two Bedroom Two Bath (1,184 - 1,194 Square Feet) | 2BR,2BA | $1.29 |
| 707 North | The Lockerbie 60% | 2BR,2BA | $1.31 |
| The Sheldrake Apartments | 2 Bedroom | 2BR,1BA | $1.08 |
| 1733 N. Meridian | 1BR | 1BR,1BA | $1.04 |
| Indiana Flats and Townhomes | 2 x 1 | 2BR,1BA | $1.49 |
| The Seminole | 1br | 1BR,1BA | $1.13 |
| Raleigh | Raleigh 1B 706 | 1BR,1BA | $1.63 |
| 1010 Central | Garage 60% | 1BR,1BA | $1.58 |
| College Manor | 1 BR | 1BR,1BA | $1.57 |
| Illinois Street Senior Apartments | Studio 1 40% | Studio ,1BA | $1.59 |
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Pet Friendly LifestyleNear North Indianapolis, Indianapolis, IN
Ranked #17
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
Our team works hard to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Near North Indianapolis, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, places that make kids happy, raising pets, transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
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 $991.
What is the price of a cheap apartment in Near North Indianapolis?
The cheapest apartment in Near North Indianapolis is 1010 Central which is listed at $690, while the average apartment in Near North Indianapolis costs $2,067.
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 19 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 $460 which is $1,607 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.
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.
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.