
Cheap Homes for Rent in Park Meadow Neighborhood of Beech Grove, IN from $1,000 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Meadow area of Beech Grove.

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.

128 N 6th Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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 | $1,095 | $1,095 | $1,095 |
| Park Meadow 3 Bedroom Homes for Rent | $1,400 | $1,400 | $1,400 |
| Park Meadow 4 Bedroom Homes for Rent | $1,695 | $1,695 | $1,695 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Park Meadow Neighborhood of Beech Grove, IN.
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Park Meadow, Beech Grove, IN Local Guide
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Best Value Apartments for Rent in Park Meadow, IN
As of December 14, 2025 the best value apartment in the Park Meadow area is the $1.35 price per square foot 2 Bed 1.5 Bath Model at Fountain Square Townhomes in the in the Concord neighborhood starting from $1,619. The second greatest value Park Meadow apartment is the Unit A Model at Beech Grove Station Senior Apartments starting at $1,157 with a $1.27 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. |
|---|---|---|---|
| Fountain Square Townhomes | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.35 |
| Beech Grove Station Senior Apartments | Unit A | 2BR,1BA | $1.27 |
| Strawbridge Green | Emerson | 2BR,1BA | $1.14 |
| Beech Meadow Apartments | Hickory | 2BR,1BA | $1.29 |
| Beech Tree Glen Apartments | 1x1R | 1BR,1BA | $1.13 |
| Fox Club | One Bedroom One Bath | 1BR,1BA | $1.11 |
| Churchman Woods | 2 BEDROOM | 2BR,1BA | $1.30 |
| Sherman Village | Garden Apt | 1BR,1BA | $1.28 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $1.31 |
| One Somerset | One Somerset - 1 Bed/1 Bath | 1BR,1BA | $1.29 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 66 Apartments for Rent in Park Meadow, IN with pricing that ranges from $775 to $19,324. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Meadow ranging from $1,095 to $1,750.
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 $1,095 to $1,750 with an average monthly rent of $1,485.
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 $1,090 to $1,795, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $1,400. Four Bedroom Single-Family rentals are also available starting from $1,695 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.
Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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!
