68 N 7th Ave
Beech GroveIN46107
Cheap Apartments for Rent in the Park Meadow Neighborhood of Beech Grove, IN from $400 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Meadow area of Beech Grove.
close
View Me
close
View Me
close
View Me
$720 - $2,230Studio to 2 Bedroom Apartments Available Now
Heathmoore - Indianapolis
5984 Heathmoore DrIndianapolis, IN 46237
close
View Me
$775 - $1,0501 to 2 Bedroom Apartments Available Now
One Somerset
3761 S State AveIndianapolis, IN 46227
close
View Me
$799 - $1,100Studio to 2 Bedroom Apartments Available Now
Cherry Glen
2760 Cherry Glen WayIndianapolis, IN 46227
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-11, Page 1 of 1
Park Meadow, Beech Grove, IN Local Guide
Beech Grove from the air by Tysto is licensed under Public Domain
How much does it cost to rent an apartment in Park Meadow?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Meadow Studio Apartments | $911 | $720 | $1,075 |
| Park Meadow 1 Bedroom Apartments | $1,035 | $775 | $2,090 |
| Park Meadow 2 Bedroom Apartments | $1,179 | $899 | $2,230 |
| Park Meadow 3 Bedroom Apartments | $1,349 | $1,085 | $1,695 |
| Park Meadow 4 Bedroom Apartments | $1,663 | $1,503 | $1,824 |
Browse Apartments in this Neighborhood
There are currently 11 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Park Meadow Apartments for Rent
The cheapest available apartment rental in the Park Meadow area of Indianapolis, IN is a 1 Bed unit found at One Somerset priced from $775. Welcome to Dawson Village – Welcome Home! has the second lowest priced unit, which is a 2 Beds apartment currently listed from $899. 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 | 1BR,1BA | $775 |
| Welcome to Dawson Village – Welcome Home! | 2 BR/1 BA - FLATS | 2BR,1BA | $899 |
| Cherry Glen | One Bed One Bath | 1BR,1BA | $899 |
| Parc Bordeaux Apartments | 1 Bed 1 Bath | 1BR,1BA | $915 |
| Fox Club | One Bedroom One Bath | 1BR,1BA | $915 |
Best Value Apartments for Rent in Park Meadow, IN
As of October 27, 2025 the best value apartment in the Park Meadow area is the $1.44 price per square foot 2 Bedroom 2.5 Bath Townhome Model at Coventry Park Village in the in the Southeast Indianapolis neighborhood starting from $1,925. The second greatest value Park Meadow apartment is the 3 Bedroom Model at Park View at Beech Grove starting at $1,627 with a $1.36 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. |
|---|---|---|---|
| Coventry Park Village | 2 Bedroom 2.5 Bath Townhome | 2BR,2.5BA | $1.44 |
| Park View at Beech Grove | 3 Bedroom | 3BR,2.5BA | $1.36 |
| Fountain Square Townhomes | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.35 |
| Beech Meadow Apartments | Elm | 3BR,1.5BA | $1.15 |
| Fox Club | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.20 |
| Sawmill Apartments | 2 Bed 1 Bath Large | 2BR,1BA | $1.05 |
| Parc Bordeaux Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.12 |
| Beech Tree Glen Apartments | 1x1R | 1BR,1BA | $1.22 |
| 52 S 7th Ave, Unit 52 S. 7th #5 Beech Grove | 52 S 7th Ave | 1BR,1BA | $1.47 |
| Ninth Avenue Apartments | The Poppy | 1BR,1BA | $1.42 |
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.
Let everyone know!
Do you know the Park Meadow area?
If you’re an expert on all things Park Meadow, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestylePark Meadow, Beech Grove, IN
Ranked #2
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
What is the price of a cheap apartment in Park Meadow?
The cheapest apartment in Park Meadow is One Somerset which is listed at $775, while the average apartment in Park Meadow costs $7,534.
What types of apartments are the cheapest in Park Meadow?
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 3 regular apartments in Park Meadow 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 Park Meadow?
Cheap apartments in Park Meadow have an average cost of $885 which is $6,649 cheaper than the average rent for all rentals in Park Meadow.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.