Cheap Apartments for Rent in the Michigan Highland Neighborhood of Indianapolis, IN from $400 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Michigan Highland area of Indianapolis.

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Hampshire Court
1 to 2 Bedroom Apartments

Hampshire Court

2455 Rolls DrIndianapolis, IN 46268
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The Meridian North
1 to 3 Bedroom Apartments

The Meridian North

2100 Westlane RdIndianapolis, IN 46260
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Turtle Creek
Studio to 2 Bedroom Apartments

Turtle Creek

8253 Harcourt RdIndianapolis, IN 46260
  • Utilities Included

Michigan Highland, Indianapolis, IN Local Guide

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 ListingModel NameBed/BathPriced From
3712 Oil Creek Dr3712 Oil Creek Dr1BR,1BA$425
Carlton ApartmentsVilla1BR,1BA$785
Turtle CreekStudio 3rdStudio,1BA$817
Reflections ApartmentsExpressionsStudio,1BA$834
The Meridian North and SouthA1S North1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Pinnacle on MeridianTwo Bedroom with Bonus Room (7176B2)2BR,2BA$1.32
6410 Hollingsworth Dr6410 Hollingsworth Dr4BR,2.5BA$1.13
3149 Kelsey Cir3149 Kelsey Cir4BR,2.5BA$1.12
8076 Birchfield Dr8076 Birchfield Dr4BR,2BA$1.05
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
Everly at Meridian HillsIris2BR,1BA$1.15
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.43
Grove on Harcourt1 Bed 1.5 Bath Apartment w/Den - Renovated1BR,1.5BA$1.18
Lakeshore Reserve Off 86th Apartments and TownhomesTwo Bedroom 2 Bath2BR,2BA$1.39
Park Place Apartments2 Bedroom Remodeled2BR,1BA$1.37

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Michigan Highland, Indianapolis, IN

Ranked #100

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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

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.

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.