
Cheap Homes for Rent in North Meridian Neighborhood of Indianapolis, IN from $800 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the North Meridian area of Indianapolis.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

350 N Meridian St
North Meridian - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

727 N Illinois St
North Meridian, Indianapolis, IN Local Guide

How much does it cost to rent a home in North Meridian?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
North Meridian 2 Bedroom Homes for Rent | $2,466 | $2,350 | $2,550 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the North Meridian Neighborhood of Indianapolis, IN.
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North Meridian, Indianapolis, IN Local Guide
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Best Value Apartments for Rent in North Meridian, IN
As of April 26, 2025 the best value apartment in the North Meridian area is the $2.20 price per square foot 2 Bed 1 Bath Model at Kennedy Apartments in the in the Near North Indianapolis neighborhood starting from $1,980. The second greatest value North Meridian apartment is the Talbott Model at 333 Penn Apartments starting at $1,499 with a $1.84 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for North Meridian apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Kennedy Apartments | 2 Bed 1 Bath | 2BR,1BA | $2.20 |
333 Penn Apartments | Talbott | 2BR,1BA | $1.84 |
Canal Overlook Apartments | Plaza Flat | 1BR,1BA | $2.79 |
800 Capitol | Imprint - Market | 1BR,1BA | $2.07 |
Union Square | The Hughes | 1BR,1BA | $2.20 |
Emhardt Apartments | 1BR/1.0BA | 1BR,1BA | $2.04 |
The Continental Towers at Vermont Place | Continental Towers - Willard | 1BR,1BA | $2.26 |
The Leo | The Eli | Studio ,1BA | $2.30 |
Edge 35 | S3 | Studio ,1BA | $2.32 |
Senate Manor | 1.1 Ap | 1BR,1BA | $2.40 |
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.
Frequently Asked Questions about North Meridian
What type of rentals are currently available in North Meridian?
There are currently 23 Apartments for Rent in North Meridian, IN with pricing that ranges from $559 to $4,292. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Meridian ranging from $880 to $2,550.
What is the current price range for Rental Homes in North Meridian?
Today's rental pricing for Homes for Rent, Condos and Townhomes in North Meridian ranges from $880 to $2,550 with an average monthly rent of $1,673.
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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.