Cheap Apartments for Rent in the Key Meadows Neighborhood of Indianapolis, IN from $500 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Key Meadows area of Indianapolis.

Key Meadows

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

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Heather Ridge
1 to 3 Bedroom Apartments

Heather Ridge

3245 Heather Ridge DrIndianapolis, IN 46214
  • Utilities Included
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Brickyard Flats
1 to 3 Bedroom Apartments

Brickyard Flats

6363 Hollister DrSpeedway, IN 46224

Key Meadows, Indianapolis, IN Local Guide

Cheapest Available Key Meadows Apartments for Rent

 

The cheapest available apartment rental in the Key Meadows area of Indianapolis, IN is a 1 Bed unit found at Eagle Creek Court priced from $731. Mariners Village has the second lowest priced unit, which is a Studio apartment currently listed from $748. Here are the most affordable Key Meadows apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Eagle Creek CourtStandard One Bedroom (S2M)1BR,1BA$731
Mariners VillageStudioStudio,1BA$748
Woodhaven ParkOne Bedroom One Bath1BR,1BA$845
Marabou MillsStudioStudio,1BA$925
Fishermans VillageCobalt1BR,1BA$940

Best Value Apartments for Rent in Key Meadows, IN

As of April 11, 2025 the best value apartment in the Key Meadows area is the $1.01 price per square foot Two Bed Two and a Half Bath Townhome (T2) Model at Sebring Court in the in the Speedway Wellhead neighborhood starting from $1,244. The second greatest value Key Meadows apartment is the Purdue Model at Eagle Creek Apartments starting at $1,705 with a $1.42 price per square foot in the Timberview neighborhood. Here is today’s list of the best values for Key Meadows apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sebring CourtTwo Bed Two and a Half Bath Townhome (T2)2BR,2.5BA$1.01
Eagle Creek ApartmentsPurdue2BR,2BA$1.42
10 West ApartmentsThe Broadway2BR,2BA$1.31
Wyckford CommonsThe Iris1BR,1BA$1.39
The Maywood at SpeedwayThe Adams1BR,1BA$1.20
Deercross ApartmentsDogwood1BR,1BA$1.35
Pier 39 Apartments & TownhomesOne Bedroom One Bathroom1BR,1BA$1.42
Pebble PointThe Bliss1BR,1BA$1.44
Woodhaven ParkOne Bedroom One Bath1BR,1BA$1.30
Mariners VillageStudioStudio ,1BA$1.24

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Pet Friendly Lifestyle
Key Meadows, Indianapolis, IN

Ranked #33

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Key Meadows, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Key Meadows Neighborhood in Indianapolis, IN

Walk Score®

26 / 100

Car-Dependent

Most errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

13 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Key Meadows Apartments

What is the Cheapest Studio apartment in Key Meadows?

Currently the most affordable Cheap Studio Apartment in Key Meadows is at Mariners Village listed at $748.

How much is rent for a Cheap One Bedroom Key Meadows Apartment?

The lowest price for a Cheap One Bedroom Key Meadows Apartment is $845 at Woodhaven Park.

What is the lowest price for a Cheap Two Bedroom Key Meadows Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Key Meadows is starting from $944 at Mariners Village.

What is the most affordable Key Meadows Three Bedroom Apartment?

The best deal on a cheap Key Meadows Three Bedroom Apartment rental is at 10 West Apartments and starts from $1,484.

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.

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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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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.

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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.