Cheap Homes for Rent in Nora Neighborhood of Indianapolis, IN from $1,600 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in the Nora area of Indianapolis.

Nora

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

Nora, Indianapolis, IN Local Guide

Cheapest Available Nora Apartments for Rent

 

The cheapest available apartment rental in the Nora area of Indianapolis, IN is a Studio unit found at The Hub at Nora priced from $650. Meridian Lakes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $970. Here are the most affordable Nora apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Hub at NoraStudio - 441 Sq FtStudio,1BA$650
Meridian Lakes1Bed/1Ba-Up (B)1BR,1BA$970
College Courts1 Bed/1 Bath Up (B)1BR,1BA$974

Best Value Apartments for Rent in Nora, IN

As of March 27, 2025 the best value apartment in the Nora area is the $1.32 price per square foot Two Bedroom with Bonus Room (7176B2) Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,899. The second greatest value Nora apartment is the Zenith Model at Sunrise on the Monon starting at $2,427 with a $1.49 price per square foot in the Nora neighborhood. Here is today’s list of the best values for Nora apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pinnacle on MeridianTwo Bedroom with Bonus Room (7176B2)2BR,2BA$1.32
Sunrise on the MononZenith3BR,2BA$1.49
The Retreat at CarmelBordeaux2BR,2BA$1.31
Solana ApartmentsDew3BR,2BA$1.30
1502 Stamm Ave, Unit 15021502 Stamm Ave2BR,1BA$1.44
Shore AcresMonon1BR,1BA$1.78
River CrossingRiverview1BR,1BA$1.81
Northwood on the TrailThe Redbud I 60%1BR,1BA$1.42
The Lodge at Trails EdgeThe Timberline II1BR,1BA$1.83
The Hub at NoraStudio Suite with Patio/Balcony - 467 Sq FtStudio ,1BA$1.87

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Frequently Asked Questions about Nora

What type of rentals are currently available in Nora?

There are currently 28 Apartments for Rent in Nora, IN with pricing that ranges from $650 to $3,427. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nora ranging from $1,600 to $3,500.

What is the current price range for Rental Homes in Nora?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Nora ranges from $1,600 to $3,500 with an average monthly rent of $2,354.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.