Cheap Apartments for Rent in the Park Meadow Neighborhood of Beech Grove, IN from $400 (7 Rentals)

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Francis Apartments
1 to 2 Bedroom Apartments

Francis Apartments

1819 Main StBeech Grove, IN 46107
  • Utilities Included

Park Meadow, Beech Grove, IN Local Guide

Cheapest Available Park Meadow Apartments for Rent

 

The cheapest available apartment rental in the Park Meadow area of Indianapolis, IN is a Studio unit found at 5700 Madison Apartments & Edgewood on Madison priced from $765. Sawmill Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. Here are the most affordable Park Meadow apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
5700 Madison Apartments & Edgewood on MadisonEdgewood - CypressStudio,1BA$765
Sawmill Apartments1 Bed 1 Bath Small1BR,1BA$849
Parc Bordeaux Apartments1 Bed 1 Bath1BR,1BA$915

Best Value Apartments for Rent in Park Meadow, IN

As of March 24, 2025 the best value apartment in the Park Meadow area is the $1.07 price per square foot Strawbridge Model at Strawbridge Green in the in the Carson Heights neighborhood starting from $1,090. The second greatest value Park Meadow apartment is the Two Bedroom Two Bath Model at Fox Club starting at $1,090 with a $1.09 price per square foot in the Thompson-Edgewood neighborhood. Here is today’s list of the best values for Park Meadow apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Strawbridge GreenStrawbridge2BR,1BA$1.07
Fox ClubTwo Bedroom Two Bath2BR,2BA$1.09
Parc Bordeaux Apartments1 Bed 1 Bath1BR,1BA$1.12
Beech Meadow ApartmentsBirch1BR,1BA$1.34
Sawmill Apartments1 Bed 1 Bath Small1BR,1BA$1.13
One Somerset Apartments2 Bedroom 1 Bathroom2BR,1BA$1.48
Ninth Avenue ApartmentsThe Poppy1BR,1BA$1.51
PinnexA21BR,1BA$2.18
5700 Madison Apartments & Edgewood on MadisonEdgewood - CypressStudio ,1BA$1.83

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Pet Friendly Lifestyle
Park Meadow, Beech Grove, IN

Ranked #2

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Park Meadow Apartments

What is a cheap apartment in Park Meadow?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Park Meadow is under $1,535.

What is the price of a cheap apartment in Park Meadow?

The cheapest apartment in Park Meadow is Sawmill Apartments which is listed at $849, while the average apartment in Park Meadow costs $1,586.

What types of apartments are the cheapest in Park Meadow?

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 32 regular apartments in Park Meadow 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 Park Meadow?

Cheap apartments in Park Meadow have an average cost of $844 which is $742 cheaper than the average rent for all rentals in Park Meadow.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.