Cheap Apartments for Rent in the Meridian Woods Park Neighborhood of Indianapolis, IN from $300 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Meridian Woods Park area of Indianapolis.

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Rosedale Hills
Studio to 3 Bedroom Apartments

Rosedale Hills

2139 E Hanna AveIndianapolis, IN 46227

Meridian Woods Park

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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Crossroads at Madison
Studio to 2 Bedroom Apartments

Crossroads at Madison

4725 Madison AveIndianapolis, IN 46227
  • Utilities Included
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Estate View
1 Bedroom Apartments

Estate View

6768 S East StIndianapolis, IN 46227
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Windsor Court
1 to 2 Bedroom Apartments

Windsor Court

7302 Queen Anne CtIndianapolis, IN 46227
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Crossroads at Southgreen
1 to 2 Bedroom Apartments

Crossroads at Southgreen

5030 Southgreen DrIndianapolis, IN 46227
  • Utilities Included
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South & Madison
Studio to 3 Bedroom Apartments

South & Madison

1819 Madison Village DrIndianapolis, IN 46227
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Crestwood Village South
Studio to 2 Bedroom Apartments

Crestwood Village South

8809 Madison AveIndianapolis, IN 46227
Senior Living
  • Utilities Included
property at 742 Loews Blvd

742 Loews Blvd

GreenwoodIN46142

Meridian Woods Park, Indianapolis, IN Local Guide

Cheapest Available Meridian Woods Park Apartments for Rent

 

The cheapest available apartment rental in the Meridian Woods Park area of Indianapolis, IN is a Studio unit found at 5700 Madison Apartments & Edgewood on Madison priced from $770. Windsor Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $784. Here are the most affordable Meridian Woods Park apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
5700 Madison Apartments & Edgewood on MadisonEdgewood - LoftStudio,1BA$770
Windsor CourtStandard One Bedroom (SN4)1BR,1BA$784
Polo Run ApartmentsThe Shetland StudioStudio,1BA$805
Capital PlaceOne Bedroom One Bath TH1BR,1BA$810
South & MadisonE2Studio,1BA$840

Best Value Apartments for Rent in Meridian Woods Park, IN

As of April 13, 2025 the best value apartment in the Meridian Woods Park area is the $1.17 price per square foot 3x2.5 TH Model at South Haven Village Apartments in the in the Winchester Village neighborhood starting from $1,515. The second greatest value Meridian Woods Park apartment is the Bighorn Model at Dakota Ridge starting at $1,580 with a $1.29 price per square foot in the Southern Homes neighborhood. Here is today’s list of the best values for Meridian Woods Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
South Haven Village Apartments3x2.5 TH3BR,2.5BA$1.17
Dakota RidgeBighorn3BR,2BA$1.29
Auburn Place ApartmentsMerlot2BR,1.5BA$1.32
Fox ClubTwo Bedroom 1.5 Bath2BR,1.5BA$1.19
Oak ParkTimber2BR,1BA$1.11
Berkley CommonsTwo Bedroom 1.5 Bath TH2BR,1.5BA$1.22
Capital PlaceTwo Bedroom One Bath TH2BR,1BA$1.24
Pine GlenTwo Bedroom One Bath2BR,1BA$1.23
Buckridge at Southport1BR/1.0BA1BR,1BA$1.26
South & MadisonA11BR,1BA$1.27

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Pet Friendly Lifestyle
Meridian Woods Park, Indianapolis, IN

Ranked #51

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

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

Frequently Asked Questions about Cheap Meridian Woods Park Apartments

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 $784 at Windsor Court.

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 $925 at Pine Glen.

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 Brookwood Apartments and starts from $1,324.

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.