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


Carlton Apartments

Reflections Apartments

Grove on Harcourt

3712 Oil Creek Dr
Michigan Highland, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Michigan Highland?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Michigan Highland Studio Apartments | $907 | $724 | $1,159 |
Michigan Highland 1 Bedroom Apartments | $1,125 | $785 | $2,927 |
Michigan Highland 2 Bedroom Apartments | $1,408 | $934 | $3,369 |
Michigan Highland 3 Bedroom Apartments | $1,636 | $1,069 | $2,689 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Michigan Highland Neighborhood of Indianapolis, IN.
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Michigan Highland, Indianapolis, IN Local Guide
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Cheapest Available Michigan Highland Apartments for Rent
 The cheapest available apartment rental in the Michigan Highland area of Indianapolis, IN is a 1 Bed unit found at 3712 Oil Creek Dr priced from $425. Carlton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $785. Here are the most affordable Michigan Highland apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
3712 Oil Creek Dr | 3712 Oil Creek Dr | 1BR,1BA | $425 |
Carlton Apartments | Villa | 1BR,1BA | $785 |
Turtle Creek | Studio 3rd | Studio,1BA | $817 |
Reflections Apartments | Expressions | Studio,1BA | $834 |
The Meridian North and South | A1S North | 1BR,1BA | $854 |
Best Value Apartments for Rent in Michigan Highland, IN
As of March 31, 2025 the best value apartment in the Michigan Highland area is the $1.32 price per square foot Two Bedroom with Bonus Room (7176B2) Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,899. The second greatest value Michigan Highland apartment is the 6410 Hollingsworth Dr Model at 6410 Hollingsworth Dr starting at $2,245 with a $1.13 price per square foot in the Faith Knoll neighborhood. Here is today’s list of the best values for Michigan Highland apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Pinnacle on Meridian | Two Bedroom with Bonus Room (7176B2) | 2BR,2BA | $1.32 |
6410 Hollingsworth Dr | 6410 Hollingsworth Dr | 4BR,2.5BA | $1.13 |
3149 Kelsey Cir | 3149 Kelsey Cir | 4BR,2.5BA | $1.12 |
8076 Birchfield Dr | 8076 Birchfield Dr | 4BR,2BA | $1.05 |
Private Reserve Townhomes | The Newburgh | 2BR,1.5BA | $1.07 |
Everly at Meridian Hills | Iris | 2BR,1BA | $1.15 |
Edison at Meridian Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.43 |
Grove on Harcourt | 1 Bed 1.5 Bath Apartment w/Den - Renovated | 1BR,1.5BA | $1.18 |
Lakeshore Reserve Off 86th Apartments and Townhomes | Two Bedroom 2 Bath | 2BR,2BA | $1.39 |
Park Place Apartments | 2 Bedroom Remodeled | 2BR,1BA | $1.37 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMichigan Highland, Indianapolis, IN
Ranked #100
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Indianapolis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, family-friendliness, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Michigan Highland Neighborhood in Indianapolis, IN
Walk Score®
41 / 100
Car-Dependent
Most errands require a car
Bike Score®
39 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
26 / 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 Michigan Highland Apartments
What is a cheap apartment in Michigan Highland?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Michigan Highland is under $970.
What is the price of a cheap apartment in Michigan Highland?
The cheapest apartment in Michigan Highland is 3712 Oil Creek Dr which is listed at $425, while the average apartment in Michigan Highland costs $1,549.
What types of apartments are the cheapest in Michigan Highland?
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 5 regular apartments in Michigan Highland 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 Michigan Highland?
Cheap apartments in Michigan Highland have an average cost of $149 which is $1,400 cheaper than the average rent for all rentals in Michigan Highland.
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.

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.

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.