
Cheap Apartments for Rent in the North Central Neighborhood of Indianapolis, IN from $700 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Central area of Indianapolis.


6134 Hillside Ave

The Hub at Nora

Wellington Square Apartments

Lincolnshire Broad Ripple

Jade North Apartments
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.

A/62

Meridian Lakes

Ashton Brook

Edgewater Apartments

Solana Apartments

River Crossing
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.

Broad Ripple Flats

Park 66 Flats

82 Flats At The Crossing

Nora Commons on the Monon Senior Apartments
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.

6128 Winthrop Ave

6128 Winthrop Ave
North Central - 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!
North Central, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in North Central?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
North Central Studio Apartments | $1,442 | $800 | $5,271 |
North Central 1 Bedroom Apartments | $1,614 | $775 | $3,010 |
North Central 2 Bedroom Apartments | $1,995 | $1,029 | $5,460 |
North Central 3 Bedroom Apartments | $2,345 | $1,275 | $4,167 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the North Central Neighborhood of Indianapolis, IN.
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North Central, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
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- School Districts
Cheapest Available North Central Apartments for Rent
 The cheapest available apartment rental in the North Central area of Indianapolis, IN is a Studio unit found at The Hub at Nora priced from $800. Lincolnshire Broad Ripple has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here are the most affordable North Central apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Hub at Nora | Studio - 441 Sq Ft | Studio,1BA | $800 |
Lincolnshire Broad Ripple | 1 Bedroom Garden Level | 1BR,1BA | $875 |
Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $926 |
Jade North Apartments | Plan G | 1BR,1BA | $950 |
Meridian Lakes | 1Bed/1Ba-Dn (B) | 1BR,1BA | $990 |
Northwood on the Trail | The Redbud I 60% | 1BR,1BA | $1,037 |
Northview | Beacon | 1BR,1BA | $1,099 |
Ashton Brook | One Bedroom Apartment | 1BR,1BA | $1,147 |
Shore Acres | Trail | 1BR,1BA | $1,279 |
River Crossing | River Flat | 1BR,1BA | $1,299 |
Best Value Apartments for Rent in North Central, IN
As of May 15, 2025 the best value apartment in the North Central 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 North Central apartment is the 2 Bed, 2.5 Bath, 2 car Garage Townhome Model at Townes at Winthrop starting at $2,200 with a $1.19 price per square foot in the Warfleigh neighborhood. Here is today’s list of the best values for North Central apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Pinnacle on Meridian | Two Bedroom with Bonus Room (7176B2) | 2BR,2BA | $1.32 |
Townes at Winthrop | 2 Bed, 2.5 Bath, 2 car Garage Townhome | 2BR,2.5BA | $1.19 |
Solana Apartments | Dew | 3BR,2BA | $1.30 |
Somerset Lakes | Leisure: One Bedroom Apartment With Den | 1BR,1BA | $1.27 |
Edgewater Apartments | 2 Bedroom | 2BR,2BA | $1.44 |
Jade North Apartments | Plan G | 1BR,1BA | $1.29 |
Northwood on the Trail | The Redbud I 60% | 1BR,1BA | $1.42 |
Ashton Brook | One Bedroom Apartment | 1BR,1BA | $1.64 |
Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.35 |
Northview | Beacon | 1BR,1BA | $1.72 |
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.
Pet Friendly LifestyleNorth Central, Indianapolis, IN
Ranked #51
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in North Central, Indianapolis, IN
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers compares millions of points of data to bring you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Indiana, including Indianapolis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the North Central Neighborhood in Indianapolis, IN
Walk Score®
47 / 100
Car-Dependent
Most errands require a car
Bike Score®
59 / 100
Bikeable
Some bike infrastructure
Transit Score®
28 / 100
Some Transit
A few 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 North Central Apartments
What is the Cheapest Studio apartment in North Central?
Currently the most affordable Cheap Studio Apartment in North Central is at The Hub at Nora listed at $800.
How much is rent for a Cheap One Bedroom North Central Apartment?
The lowest price for a Cheap One Bedroom North Central Apartment is $875 at Lincolnshire Broad Ripple.
What is the lowest price for a Cheap Two Bedroom North Central Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in North Central is starting from $1,029 at Wellington Square Apartments.
What is the most affordable North Central Three Bedroom Apartment?
The best deal on a cheap North Central Three Bedroom Apartment rental is at Northwood on the Trail and starts from $1,455.
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.

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.

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.

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.