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Cheap Apartments for Rent in the Meadows Neighborhood of Indianapolis, IN from $300 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Meadows area of Indianapolis.
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from $713Studio to 4 Bedroom Apartments Available Now
The Pines at SoBro
5018 Lemans DrIndianapolis, IN 46205
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from $839Studio to 3 Bedroom Apartments Available Now
Broad Ripple Trails
5220 Luzzane DrIndianapolis, IN 46220
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from $8491 to 2 Bedroom Apartments Available Now
Heritage Apartments
4111 C2 Stonecrest CtIndianapolis, IN 46229
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from $8501 Bedroom Apartment Available Now
5322 Carrollton Ave, Unit 5322 Carrollton Avenue
5322 Carrollton AveIndianapolis, IN 46220
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.
3763 Baltimore Ave
IndianapolisIN46218
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from $8501 Bedroom Apartments Available Now
Carrollton Manor Apartments
5322 Carrollton AveIndianapolis, IN 46220
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from $871Studio to 3 Bedroom Apartments Contact Us For Availability
Chateau De Ville
5303 Rue De VilleIndianapolis, IN 46220
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Rent Specials
from $9751 to 3 Bedroom Apartments Available Now
A/62
6111 Allisonville RdIndianapolis, IN 46220
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.
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from $9751 to 2 Bedroom Apartments Available Now
Willow Brook
2111 E 52nd StIndianapolis, IN 46205
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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.
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Studio to 1 Bedroom Apartments
VILLAGE AT FALL CREEK
3520-3534 Fall Creek Parkway North DrIndianapolis, IN 46205
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1 to 3 Bedroom Apartments
East Village at Avondale Meadows Apartments
3810 Cooper Square CtIndianapolis, IN 46205
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Meadows - 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!
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Check Out Indianapolis’s Best Affordable Neighborhoods
Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton
Showing Results 1-25, Page 1 of 1
Meadows, Indianapolis, IN Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Meadows?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Meadows Studio Apartments | $1,210 | $649 | $1,619 |
| Meadows 1 Bedroom Apartments | $1,434 | $795 | $2,168 |
| Meadows 2 Bedroom Apartments | $1,533 | $918 | $2,683 |
| Meadows 3 Bedroom Apartments | $1,911 | $1,016 | $4,040 |
| Meadows 4 Bedroom Apartments | $1,842 | $1,253 | $2,225 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Meadows Neighborhood of Indianapolis, IN.
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Cheapest Available Meadows Apartments for Rent
The cheapest available apartment rental in the Meadows area of Indianapolis, IN is a Studio unit found at Glenstone Studios priced from $649. East Village at Avondale Meadows Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $662. Here are the most affordable Meadows apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Glenstone Studios | Studio | Studio,1BA | $649 |
| East Village at Avondale Meadows Apartments | C1 | 3BR,2BA | $662 |
| Hopeside I | 2.2-50% | 2BR,2BA | $745 |
| The Pines at SoBro | One Bedrooms | 1BR,1BA | $795 |
| Heritage Apartments | Heritage Apartments - 1 Bed/1 Bath | 1BR,1BA | $849 |
Best Value Apartments for Rent in Meadows, IN
As of May 11, 2025 the best value apartment in the Meadows area is the $1.14 price per square foot 2 Bed/2Ba Den W/D Up Model at Fallwood in the in the United Northeast neighborhood starting from $1,481. The second greatest value Meadows apartment is the 2.2-50% Model at Hopeside I starting at $745 with a $0.81 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Meadows apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fallwood | 2 Bed/2Ba Den W/D Up | 2BR,2BA | $1.14 |
| Hopeside I | 2.2-50% | 2BR,2BA | $0.81 |
| The Pines at SoBro | Two Bedrooms | 2BR,1BA | $1.18 |
| Harbour Pointe | The Hideaway | 1BR,1BA | $1.43 |
| East Village at Avondale Meadows Apartments | A2 | 1BR,1BA | $1.32 |
| Trails at Lakeside | Superior | 1BR,1BA | $1.49 |
| Chateau in the Woods | 1 Bd/1 Ba Sm ABY | 1BR,1BA | $1.47 |
| Willow Brook | One Bedroom One Bath | 1BR,1BA | $1.39 |
| Indy Town Apartments | Arlington Green 2 bedroom | 2BR,1BA | $1.32 |
| Heritage Apartments | Heritage Apartments - 1 Bed/1 Bath | 1BR,1BA | $1.25 |
Getting Around the Meadows Neighborhood in Indianapolis, IN
Walk Score®
49 / 100
Car-Dependent
Most errands require a car
Bike Score®
52 / 100
Bikeable
Some bike infrastructure
Transit Score®
39 / 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 Meadows Apartments
What is a cheap apartment in Meadows?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Meadows is under $975.
What is the price of a cheap apartment in Meadows?
The cheapest apartment in Meadows is East Village at Avondale Meadows Apartments which is listed at $693, while the average apartment in Meadows costs $1,682.
What types of apartments are the cheapest in Meadows?
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 11 regular apartments in Meadows 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 Meadows?
Cheap apartments in Meadows have an average cost of $115 which is $1,567 cheaper than the average rent for all rentals in Meadows.
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.