Cheap Homes for Rent in Park Meadow Neighborhood of Beech Grove, IN from $1,500 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Meadow area of Beech Grove.

3712 Owster Ln

54 S 5th Ave

617 Fletcher Ln
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 3 Bedroom Homes for Rent | $1,560 | $1,560 | $1,560 |
| Park Meadow 4 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
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.
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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 October 28, 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 |
| 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 |
| Beech Meadow Apartments | Birch | 1BR,1BA | $1.30 |
| 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
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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 Park Meadow
What type of rentals are currently available in Park Meadow?
There are currently 67 Apartments for Rent in Park Meadow, IN with pricing that ranges from $720 to $7,521. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Meadow ranging from $1,560 to $1,800.
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 $1,560 to $1,800 with an average monthly rent of $1,703.
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 $1,085 to $1,695, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,560 to $1,560. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,503.
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.
