
Cheap Homes for Rent in Park Meadow Neighborhood of Beech Grove, IN from $800 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Meadow area of Beech Grove.


1320 1/2 Norton Ave, Unit 2
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

1320 1/2 Norton Ave

63 S 3rd Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Park Meadow, Beech Grove, IN Local Guide

How much does it cost to rent a home in Park Meadow?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Meadow 2 Bedroom Homes for Rent | $1,295 | $1,295 | $1,295 |
| Park Meadow 3 Bedroom Homes for Rent | $1,730 | $1,400 | $1,920 |
| Park Meadow 4 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Park Meadow Neighborhood of Beech Grove, IN.
Explore Beech Grove
Park Meadow, Beech Grove, IN Local Guide
- Nearby Beech Grove neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Park Meadow, IN
As of June 05, 2026 the best value apartment in the Park Meadow area is the $1.42 price per square foot 2 Bedroom 2.5 Bath Townhome Model at Coventry Park Village in the in the Southeast Indianapolis neighborhood starting from $1,899. 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 | $1.42 |
| Park View at Beech Grove | 3 Bedroom | 3BR,2.5BA | $1.36 |
| Fox Club | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.10 |
| Strawbridge Green | Lindberg | 3BR,1.5BA | $1.07 |
| Beech Tree Glen Apartments | 2x1R | 2BR,1BA | $1.19 |
| Beech Meadow Apartments | Birch | 1BR,1BA | $1.16 |
| Churchman Woods | 2 BEDROOM | 2BR,1BA | $1.30 |
| Sherman Village | Garden Apt | 1BR,1BA | $1.28 |
| Welcome to Dawson Village – Welcome Home! | 2 BR/1 BA - Partial Remodeled Flat | 2BR,1BA | $1.35 |
| 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 Park Meadow
What type of rentals are currently available in Park Meadow?
There are currently 56 Apartments for Rent in Park Meadow, IN with pricing that ranges from $775 to $12,756. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Meadow ranging from $875 to $1,920.
What is the current price range for Rental Homes in Park Meadow?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Park Meadow ranges from $875 to $1,920 with an average monthly rent of $1,365.
How much are larger Three and Four Bedroom Rentals in Park Meadow?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Park Meadow range from $1,035 to $2,175, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $1,920. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,503.
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.
Helpful Local Expert Guides

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.