Cheap Apartments for Rent in the North Meridian Neighborhood of Indianapolis, IN from $800 (15 Rentals)

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

North Meridian

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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Capitol Manor
1 Bedroom Apartments

Capitol Manor

842 N Capitol AveIndianapolis, IN 46204
  • Utilities Included
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Blacherne Apartments
1 to 2 Bedroom Apartments

Blacherne Apartments

402 N Meridian StIndianapolis, IN 46204
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Turnverein Apartments
Studio Apartments

Turnverein Apartments

902 N Meridian StIndianapolis, IN 46204
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800 Capitol
1 to 2 Bedroom Apartments

800 Capitol

800 N Capitol AveIndianapolis, IN 46204
  • Utilities Included

North Meridian, Indianapolis, IN Local Guide

Cheapest Available North Meridian Apartments for Rent

 

The cheapest available apartment rental in the North Meridian area of Indianapolis, IN is a 1 Bed unit found at Senate Manor priced from $1,005. 800 Capitol has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,005. Here are the most affordable North Meridian apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Senate Manor1.1 Ap1BR,1BA$1,005
800 CapitolImprint 60%1BR,1BA$1,005
The Congress at Library SquareDickensonStudio,1BA$1,184
Emhardt Apartments1BR/1.0BA1BR,1BA$1,195
Edge 35S2Studio,1BA$1,215

Best Value Apartments for Rent in North Meridian, IN

As of April 11, 2025 the best value apartment in the North Meridian area is the $1.84 price per square foot Talbott Model at 333 Penn Apartments in the in the Martindale neighborhood starting from $1,499. The second greatest value North Meridian apartment is the The Williams Model at The Leo starting at $1,531 with a $2.19 price per square foot in the Riley neighborhood. Here is today’s list of the best values for North Meridian apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
333 Penn ApartmentsTalbott2BR,1BA$1.84
The LeoThe Williams1BR,1BA$2.19
800 CapitolImprint - Market1BR,1BA$2.07
Pulliam SquareS2Studio ,1BA$2.12
Union SquareThe Hughes1BR,1BA$2.20
The Continental Towers at Vermont PlaceBlacherne- B31BR,1BA$2.57
Emhardt Apartments1BR/1.0BA1BR,1BA$2.04
The Congress at Library SquareDickensonStudio ,1BA$2.19
Edge 35S3Studio ,1BA$2.41
Senate Manor1.1 Ap1BR,1BA$2.40

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Pet Friendly Lifestyle
North Meridian, Indianapolis, IN

Ranked #154

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the North Meridian Neighborhood in Indianapolis, IN

Walk Score®

90 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

99 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

61 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap North Meridian Apartments

What is the Cheapest Studio apartment in North Meridian?

Currently the most affordable Cheap Studio Apartment in North Meridian is at The Congress at Library Square listed at $1,184.

How much is rent for a Cheap One Bedroom North Meridian Apartment?

The lowest price for a Cheap One Bedroom North Meridian Apartment is $1,005 at Senate Manor.

What is the lowest price for a Cheap Two Bedroom North Meridian Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in North Meridian is starting from $1,202 at 800 Capitol.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.