
Cheap Apartments for Rent in the Meadows Neighborhood of Indianapolis, IN from $300 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Meadows area of Indianapolis.


Glenstone Studios

3763 Baltimore Ave

Indy Town Apartments

Broad Ripple Trails

3461 N Dequincy St

Chateau De Ville

576 E Fall Creek Pkwy N Dr

4627 Caroline Ave

The Pines at SoBro
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

Trails at Lakeside

A/62

VILLAGE AT FALL CREEK

East Village at Avondale Meadows Apartments
Meadows
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
Meadows, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Meadows?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Meadows Studio Apartments | $1,256 | $699 | $1,493 |
Meadows 1 Bedroom Apartments | $1,416 | $694 | $2,142 |
Meadows 2 Bedroom Apartments | $1,537 | $902 | $2,575 |
Meadows 3 Bedroom Apartments | $1,916 | $1,098 | $4,040 |
Browse Apartments in this Neighborhood
There are currently 27 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 1 Bed unit found at East Village at Avondale Meadows Apartments priced from $635. Glenstone Studios has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Meadows apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
East Village at Avondale Meadows Apartments | A1 | 1BR,1BA | $635 |
Glenstone Studios | Studio | Studio,1BA | $699 |
Hopeside I | 2.2-50% | 2BR,2BA | $745 |
Nola Court Apartments | 1 Bed- 4442 | 1BR,1BA | $764 |
Broad Ripple Trails | STUD-S | Studio,1BA | $839 |
Chateau De Ville | Bordeaux | Studio,1BA | $891 |
Indy Town Apartments | Arlington Green 2 bedroom | 2BR,1BA | $902 |
The Pines at SoBro | One Bedrooms | 1BR,1BA | $934 |
Trails at Lakeside | Victoria | 1BR,1BA | $950 |
A/62 | LePetit Luxe | 1BR,1BA | $975 |
Best Value Apartments for Rent in Meadows, IN
As of March 23, 2025 the best value apartment in the Meadows area is the $0.82 price per square foot 2332 Alabama St Model at 2332 Alabama St in the in the Near North Indianapolis neighborhood starting from $1,650. The second greatest value Meadows apartment is the 2 Bed/2Ba Den W/D Up Model at Fallwood starting at $1,467 with a $1.13 price per square foot in the United Northeast 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. |
---|---|---|---|
2332 Alabama St | 2332 Alabama St | 3BR,3BA | $0.82 |
Fallwood | 2 Bed/2Ba Den W/D Up | 2BR,2BA | $1.13 |
5326 Winston Pl | 5326 Winston Pl | 4BR,2BA | $1.13 |
Hopeside I | 2.2-50% | 2BR,2BA | $0.81 |
Willow Brook | Two Bedroom One Bath | 2BR,1BA | $1.37 |
East Village at Avondale Meadows Apartments | A2 | 1BR,1BA | $1.32 |
The Pines at SoBro | One Bedrooms | 1BR,1BA | $1.31 |
Chateau in the Woods | 1 Bd/1 Ba Sm ABY | 1BR,1BA | $1.46 |
Indy Town Apartments | Arlington Green 2 bedroom | 2BR,1BA | $1.32 |
Nola Court Apartments | 1 Bed- 4442 | 1BR,1BA | $1.18 |
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 $635, while the average apartment in Meadows costs $1,507.
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 149 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 $141 which is $1,366 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.

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.

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.

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.