Cheap Homes for Rent in North Central Neighborhood of Indianapolis, IN from $1,500 (5 Rentals)

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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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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

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 $750. Wellington Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $926. Here are the most affordable North Central apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Hub at NoraStudio - 441 Sq FtStudio,1BA$750
Wellington Square Apartments1BR/1BA1BR,1BA$926
Jade North ApartmentsPlan G1BR,1BA$950

Best Value Apartments for Rent in North Central, IN

As of April 16, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Pinnacle on MeridianTwo Bedroom with Bonus Room (7176B2)2BR,2BA$1.32
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.19
Solana ApartmentsBrook2BR,2BA$1.37
Edgewater Apartments2 Bedroom2BR,2BA$1.47
Somerset LakesRetreat: One Bedroom Apartment1BR,1BA$1.37
Jade North ApartmentsPlan G1BR,1BA$1.29
Northwood on the TrailThe Redbud I 60%1BR,1BA$1.42
Ashton BrookOne Bedroom Apartment1BR,1BA$1.55
Wellington Square Apartments1BR/1BA1BR,1BA$1.35
A/62LePetit1BR,1BA$1.62

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Frequently Asked Questions about North Central

What type of rentals are currently available in North Central?

There are currently 58 Apartments for Rent in North Central, IN with pricing that ranges from $750 to $5,271. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Central ranging from $1,500 to $6,500.

What is the current price range for Rental Homes in North Central?

Today's rental pricing for Homes for Rent, Condos and Townhomes in North Central ranges from $1,500 to $6,500 with an average monthly rent of $2,686.

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.

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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.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.