
Cheap Apartments for Rent in the Park Meadow Neighborhood of Beech Grove, IN from $400 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Meadow area of Beech Grove.


Beech Meadow Apartments

230-232 5th

Willow Glen South

Beech Tree Glen Apartments

The Brixton

61 S 6th Ave, Unit 61 S 6th Ave

89 N 16th Ave
Rent According to Income: A Look at Income-Restricted Rentals
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Francis Apartments

Beech Grove Place Apartments

Beech Grove Station Senior Apartments

The U

84 S 6th Ave

2121 Main St

91 S 5th Ave

Total Monthly Price
One Somerset
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From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Fox Club

Cherry Glen

Churchman Woods

Sawmill Apartments

Parc Bordeaux Apartments

Strawbridge Green

Dawson Village

Sherman Village
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Emerson Village

Park View at Beech Grove

Kinwood Place

Red Maple Grove

Rosedale Hills

Stone Lake

Farhill Lake Apartments

Ninth Avenue Apartments
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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Spruce Manor Apartments

Stratford Place Apartments
Park Meadow, Beech Grove, IN Local Guide

How much does it cost to rent an apartment in Park Meadow?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Meadow Studio Apartments | $867 | $809 | $905 |
| Park Meadow 1 Bedroom Apartments | $1,014 | $800 | $1,250 |
| Park Meadow 2 Bedroom Apartments | $1,259 | $775 | $4,637 |
| Park Meadow 3 Bedroom Apartments | $1,288 | $1,030 | $1,695 |
| Park Meadow 4 Bedroom Apartments | $1,675 | $1,503 | $1,824 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Park Meadow Neighborhood of Beech Grove, IN.
See all Apartments in Beech GroveExplore Beech Grove
Park Meadow, Beech Grove, IN Local Guide
- Nearby Beech Grove neighborhoods
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Cheapest Available Park Meadow Apartments for Rent
 The cheapest available apartment rental in the Park Meadow area of Indianapolis, IN is a 2 Beds unit found at One Somerset priced from $775. Cherry Glen has the second lowest priced unit, which is a Studio apartment currently listed from $809. Here are the most affordable Park Meadow apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| One Somerset | One Somerset - 1 Bed/1 Bath | 2BR,1BA | $775 |
| Cherry Glen | Studio | Studio,1BA | $809 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $849 |
| Parc Bordeaux Apartments | Studio | Studio,1BA | $850 |
| Dawson Village | 2 BR/1 BA - FLATS | 2BR,1BA | $899 |
| Beech Grove Station Senior Apartments | Unit A | 2BR,1BA | $905 |
| Sherman Village | Garden Apt | 1BR,1BA | $925 |
| Strawbridge Green | Emerson | 2BR,1BA | $930 |
| Emerson Village | Cardinal | 1BR,1BA | $938 |
| Willow Glen South | 1 bedroom small lake | 1BR,1BA | $1,024 |
Best Value Apartments for Rent in Park Meadow, IN
As of July 29, 2026 the best value apartment in the Park Meadow area is the $1.36 price per square foot 3 Bedroom Model at Park View at Beech Grove in the in the Southeast Indianapolis neighborhood starting from $1,627. The second greatest value Park Meadow apartment is the Unit A Model at Beech Grove Station Senior Apartments starting at $905 with a $1.00 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Park Meadow apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park View at Beech Grove | 3 Bedroom | 3BR,2.5BA | $1.36 |
| Beech Grove Station Senior Apartments | Unit A | 2BR,1BA | $1.00 |
| Ninth Avenue Apartments | The Lily | 2BR,1BA | $1.35 |
| Beech Tree Glen Apartments | 2x1R-Prem | 2BR,1BA | $1.50 |
| The Brixton | The Southwyck | 2BR,1.5BA | $1.40 |
| Strawbridge Green | Emerson | 2BR,1BA | $1.11 |
| Sherman Village | Garden Apt | 1BR,1BA | $1.28 |
| Dawson Village | 2 Bedroom Flat - Updated Floors/Appliances | 2BR,1BA | $1.36 |
| One Somerset | One Somerset - 1 Bed/1 Bath | 2BR,1BA | $1.11 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $1.31 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestylePark Meadow, Beech Grove, IN
Ranked #1
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Park Meadow Apartments
How much is rent for a Cheap One Bedroom Park Meadow Apartment?
The lowest price for a Cheap One Bedroom Park Meadow Apartment is $775 at One Somerset.
What is the lowest price for a Cheap Two Bedroom Park Meadow Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Park Meadow is starting from $775 at One Somerset.
What is the most affordable Park Meadow Three Bedroom Apartment?
The best deal on a cheap Park Meadow Three Bedroom Apartment rental is at Strawbridge Green and starts from $1,030.
Expert Rental Resources
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.
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