
Cheap Apartments for Rent in the Meridian Woods Park Neighborhood of Indianapolis, IN from $400 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Meridian Woods Park area of Indianapolis.


5700 Madison Apartments & Edgewood on Madison
Meridian Woods Park, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Meridian Woods Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Meridian Woods Park Studio Apartments | $963 | $765 | $1,194 |
Meridian Woods Park 1 Bedroom Apartments | $1,071 | $425 | $1,473 |
Meridian Woods Park 2 Bedroom Apartments | $1,280 | $909 | $2,130 |
Meridian Woods Park 3 Bedroom Apartments | $1,566 | $1,243 | $2,600 |
Meridian Woods Park 4 Bedroom Apartments | $1,710 | $1,710 | $1,710 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 3 mile radius of the Meridian Woods Park Neighborhood of Indianapolis, IN.
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Meridian Woods Park, Indianapolis, IN Local Guide
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Cheapest Available Meridian Woods Park Apartments for Rent
 The cheapest available apartment rental in the Meridian Woods Park area of Indianapolis, IN is a 1 Bed unit found at 8109 Johnstown Ct priced from $425. 701 W Hanna Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $425. Here are the most affordable Meridian Woods Park apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
8109 Johnstown Ct | 8109 Johnstown Ct | 1BR,1BA | $425 |
701 W Hanna Ave | 701 W Hanna Ave | 1BR,1BA | $425 |
8149 Trevellian Way | 8149 Trevellian Way | 1BR,1BA | $425 |
5700 Madison Apartments & Edgewood on Madison | Edgewood - Cypress | Studio,1BA | $765 |
Capital Place | One Bedroom One Bath TH | 1BR,1BA | $810 |
Best Value Apartments for Rent in Meridian Woods Park, IN
As of March 14, 2025 the best value apartment in the Meridian Woods Park area is the $0.99 price per square foot 7674 Pipestone Dr Model at 7674 Pipestone Dr in the in the Meridian Woods Park neighborhood starting from $2,389. The second greatest value Meridian Woods Park apartment is the 7317 Barnwell Pl Model at 7317 Barnwell Pl starting at $2,055 with a $1.04 price per square foot in the Thompson-Edgewood neighborhood. Here is today’s list of the best values for Meridian Woods Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
7674 Pipestone Dr | 7674 Pipestone Dr | 3BR,3BA | $0.99 |
7317 Barnwell Pl | 7317 Barnwell Pl | 4BR,2.5BA | $1.04 |
7024 Ira Ct | 7024 Ira Ct | 4BR,3BA | $1.06 |
Windsor Court | Two Bedroom Two Bathroom (C3MA) | 2BR,2BA | $0.98 |
Auburn Place Apartments | Merlot | 2BR,1.5BA | $1.19 |
Oak Park | Timber | 2BR,1BA | $1.11 |
Fox Club | Two Bedroom Two Bath | 2BR,2BA | $1.09 |
Berkley Commons | Two Bedroom 1.5 Bath TH | 2BR,1.5BA | $1.22 |
The Sterling | The Remington | 2BR,1BA | $1.22 |
Pine Glen | One Bedroom One Bath | 1BR,1BA | $1.05 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMeridian Woods Park, Indianapolis, IN
Ranked #33
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Meridian Woods Park, Indianapolis, IN
School data provided by Great Schools
Best Local Schools in Meridian Woods Park, Indianapolis, IN
School data provided by Great Schools
Lifestyle Ratings
This website compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States and customized analysis for Southern Indianapolis, IN. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, family-friendliness, raising pets, transit options, and much more. These search options are in the site filters at the top of this page.
Getting Around the Meridian Woods Park Neighborhood in Indianapolis, IN
Walk Score®
39 / 100
Car-Dependent
Most errands require a car
Bike Score®
36 / 100
Somewhat Bikeable
Minimal bike infrastructure
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 Meridian Woods Park Apartments
What is the Cheapest Studio apartment in Meridian Woods Park?
Currently the most affordable Cheap Studio Apartment in Meridian Woods Park is at 5700 Madison Apartments & Edgewood on Madison listed at $765.
How much is rent for a Cheap One Bedroom Meridian Woods Park Apartment?
The lowest price for a Cheap One Bedroom Meridian Woods Park Apartment is $425 at 8109 Johnstown Ct.
What is the lowest price for a Cheap Two Bedroom Meridian Woods Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Meridian Woods Park is starting from $1,003 at Polo Run Apartments.
What is the most affordable Meridian Woods Park Three Bedroom Apartment?
The best deal on a cheap Meridian Woods Park Three Bedroom Apartment rental is at Capital Place and starts from $1,250.
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.