Cheap Apartments for Rent in the North Perry Neighborhood of Indianapolis, IN from $300 (6 Rentals)

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

Cheap Apartments in the North Perry area of Indianapolis.

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.

close
View Me
Crossroads at Madison
Studio to 2 Bedroom Apartments

Crossroads at Madison

4725 Madison AveIndianapolis, IN 46227
  • Utilities Included

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.

close
View Me
Crossroads at Southgreen
1 to 2 Bedroom Apartments

Crossroads at Southgreen

5030 Southgreen DrIndianapolis, IN 46227
  • Utilities Included

North Perry - 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 Perry, Indianapolis, IN Local Guide

Cheapest Available North Perry Apartments for Rent

 

The cheapest available apartment rental in the North Perry area of Indianapolis, IN is a Studio unit found at Country Club Apartments priced from $699. Capital Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $840. Here are the most affordable North Perry apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Country Club ApartmentsStudioStudio,1BA$699
Capital PlaceOne Bedroom One Bath TH1BR,1BA$840
SpicewoodOne Bed One Bath1BR,1BA$949

Best Value Apartments for Rent in North Perry, IN

As of May 02, 2025 the best value apartment in the North Perry area is the $1.53 price per square foot 4946 Camden St Model at 4946 Camden St, Unit Big Camden in the in the Shelby Street-Epler Avenue neighborhood starting from $2,600. The second greatest value North Perry apartment is the Sycamore Two Model at Brookwood Apartments starting at $1,359 with a $1.38 price per square foot in the Concord neighborhood. Here is today’s list of the best values for North Perry apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4946 Camden St, Unit Big Camden4946 Camden St3BR,2BA$1.53
Brookwood ApartmentsSycamore Two3BR,1.5BA$1.38
Martinique Terrace1Bd/1Ba-Dn Mini W/D1BR,1BA$1.34
Creek Bay1Bed/1Bath Large1BR,1BA$1.46
One Somerset Apartments2 Bedroom 1 Bathroom2BR,1BA$1.48
City Heights1A1BR,1BA$1.44
Hanna Village ApartmentsCamden1BR,1BA$1.64
Capital PlaceOne Bedroom One Bath1BR,1BA$1.46
SpicewoodOne Bed One Bath1BR,1BA$1.65
Country Club ApartmentsStudioStudio ,1BA$1.56

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
North Perry, Indianapolis, IN

Ranked #176

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the North Perry Neighborhood in Indianapolis, IN

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

28 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap North Perry Apartments

What is the price of a cheap apartment in North Perry?

The cheapest apartment in North Perry is Capital Place which is listed at $840, while the average apartment in North Perry costs $1,424.

What types of apartments are the cheapest in North Perry?

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 14 regular apartments in North Perry 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 North Perry?

Cheap apartments in North Perry have an average cost of $120 which is $1,304 cheaper than the average rent for all rentals in North Perry.

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 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.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.