Cheap Apartments for Rent in the Near Northside Neighborhood of Indianapolis, IN from $500 (18 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
property at 1 W 28th St

1 W 28th St

IndianapolisIN46208

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Read Article
close
View Me
St. James
1 Bedroom Apartments

St. James

2102 N Meridian StIndianapolis, IN 46202
  • Utilities Included

Near Northside - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Read Article
Showing Results 1-18, Page 1 of 1

Near Northside, Indianapolis, IN Local Guide

Cheapest Available Near Northside Apartments for Rent

 

The cheapest available apartment rental in the Near Northside area of Indianapolis, IN is a 1 Bed unit found at The Sheldrake Apartments priced from $875. The Parkview has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Near Northside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Sheldrake Apartments1 Bedroom With Den1BR,1BA$875
The ParkviewStudios1BR,1BA$1,000
Morton School Senior ApartmentsStudio 60%Studio,1BA$1,090
WesmontStudio - Bumping on SunsetStudio,1BA$1,249
The Marott ApartmentsHope1BR,1BA$1,315

Best Value Apartments for Rent in Near Northside, IN

As of May 14, 2025 the best value apartment in the Near Northside area is the $1.06 price per square foot 1 Bedroom 1 Bath Model at The Block in the in the Riley neighborhood starting from $1,539. The second greatest value Near Northside apartment is the Singapore Model at Cosmopolitan on the Canal starting at $2,163 with a $1.91 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for Near Northside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Block1 Bedroom 1 Bath1BR,1BA$1.06
Cosmopolitan on the CanalSingapore2BR,2BA$1.91
Canal SquareHudson2BR,2BA$1.94
The Parkview1 Bedrooms1BR,1BA$1.46
The Sheldrake Apartments1 Bedroom With Den1BR,1BA$1.17
The GroundsThe Chic1BR,1BA$2.41
Circa ApartmentsHistoric Loft B1BR,1BA$2.54
The Marott ApartmentsHoover1BR,1BA$2.19
WesmontStudio - Bumping on SunsetStudio ,1BA$2.17
Morton School Senior ApartmentsStudio 60%Studio ,1BA$2.14

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Near Northside, Indianapolis, IN

Ranked #75

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the Near Northside Neighborhood in Indianapolis, IN

Walk Score®

76 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

75 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

53 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Near Northside Apartments

What is the Cheapest Studio apartment in Near Northside?

Currently the most affordable Cheap Studio Apartment in Near Northside is at Morton School Senior Apartments listed at $1,090.

How much is rent for a Cheap One Bedroom Near Northside Apartment?

The lowest price for a Cheap One Bedroom Near Northside Apartment is $875 at The Sheldrake Apartments.

What is the lowest price for a Cheap Two Bedroom Near Northside Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Near Northside is starting from $1,465 at The Marott Apartments.

What is the most affordable Near Northside Three Bedroom Apartment?

The best deal on a cheap Near Northside Three Bedroom Apartment rental is at 220 Meridian and starts from $3,902.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.