Cheap Apartments for Rent in the Meadows Neighborhood of Indianapolis, IN from $300 (25 Rentals)
Cheap Apartments in the Meadows area of Indianapolis.

The Pines at SoBro

Broad Ripple Trails

5322 Carrollton Ave, Unit 5322 Carrollton Avenue

3763 Baltimore Ave

Carrollton Manor Apartments
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Chateau De Ville

Trails at Lakeside

Willow Brook
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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!

East Village at Avondale Meadows Apartments
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Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton
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 | $1,205 | $649 | $1,623 |
Meadows 1 Bedroom Apartments | $1,439 | $850 | $2,299 |
Meadows 2 Bedroom Apartments | $1,529 | $943 | $2,683 |
Meadows 3 Bedroom Apartments | $1,882 | $1,043 | $4,040 |
Meadows 4 Bedroom Apartments | $1,199 | $1,199 | $1,199 |
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 |
Broad Ripple Trails | STUD-S | Studio,1BA | $839 |
Carrollton Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $850 |
Best Value Apartments for Rent in Meadows, IN
As of May 02, 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 |
Harbour Pointe | The Hideaway | 1BR,1BA | $1.40 |
East Village at Avondale Meadows Apartments | A2 | 1BR,1BA | $1.32 |
The Meadows | 1 Bedroom 730sf | 1BR,1BA | $1.60 |
The Pines at SoBro | One Bedrooms | 1BR,1BA | $1.31 |
Chateau in the Woods | 1 Bd/1 Ba Sm ABY | 1BR,1BA | $1.47 |
Indy Town Apartments | Arlington Green 2 bedroom | 2BR,1BA | $1.35 |
Trails at Lakeside | Victoria | 1BR,1BA | $1.60 |
Carrollton Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.62 |
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 $950.
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 $1,480.
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 14 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 $187 which is $1,293 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.

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