Cheap Apartments for Rent in the Fairgrounds Neighborhood of Indianapolis, IN from $300 (36 Rentals)

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Cheap Apartments in the Fairgrounds area of Indianapolis.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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34 North Apartments
Studio to 4 Bedroom Apartments

34 North Apartments

3402 N Meridian StIndianapolis, IN 46208
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Charmwood Terrace
1 to 2 Bedroom Apartments

Charmwood Terrace

3419 N Pennsylvania StIndianapolis, IN 46205
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Parkside At Tarkington
1 to 2 Bedroom Apartments

Parkside At Tarkington

3901 N Meridian StIndianapolis, IN 46208
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THE COURTS OF MONON
Studio to 1 Bedroom Apartments

THE COURTS OF MONON

3605-3609 Balsam AveIndianapolis, IN 46205
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Sherman Forest
Studio to 4 Bedroom Apartments

Sherman Forest

3615 Sherman Forest DrIndianapolis, IN 46205

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Marblehead
Studio to 2 Bedroom Apartments

Marblehead

3310 N Meridian StIndianapolis, IN 46208
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VILLAGE AT FALL CREEK
Studio to 1 Bedroom Apartments

VILLAGE AT FALL CREEK

3520-3534 Fall Creek Parkway North DrIndianapolis, IN 46205
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727 Fairfield Ave
1 Bedroom Apartments

727 Fairfield Ave

727 Fairfield AveIndianapolis, IN 46205
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The Historic Bauer
1 Bedroom Apartments

The Historic Bauer

3720 N Meridian StIndianapolis, IN 46208
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Historic Dorchester
1 Bedroom Apartments

Historic Dorchester

3720 N Pennsylvania StIndianapolis, IN 46205
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Oxmoor Indy
1 Bedroom Apartments

Oxmoor Indy

3640 N Meridian StIndianapolis, IN 46208
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Winston
1 Bedroom Apartments

Winston

3630 N Meridian StIndianapolis, IN 46208
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Admiral
1 to 2 Bedroom Apartments

Admiral

3025 N Meridian StIndianapolis, IN 46208
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Fairgrounds - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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The Regal Apartments
1 to 2 Bedroom Apartments

The Regal Apartments

3603 N Washington BlvdIndianapolis, IN 46205
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Monon Walk Apartments
Studio to 1 Bedroom Apartments

Monon Walk Apartments

6115 Winthrop AveIndianapolis, IN 46220
  • Utilities Included

Fairgrounds, Indianapolis, IN Local Guide

Cheapest Available Fairgrounds Apartments for Rent

 

The cheapest available apartment rental in the Fairgrounds area of Indianapolis, IN is a Studio unit found at Meridian Towers priced from $629. Glenstone Studios has the second lowest priced unit, which is a Studio apartment currently listed from $649. Here are the most affordable Fairgrounds apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Meridian TowersStudio ApartmentStudio,1BA$629
Glenstone StudiosStudioStudio,1BA$649
East Village at Avondale Meadows ApartmentsC13BR,2BA$662
The Pines at SoBroOne Bedrooms1BR,1BA$795
Broad Ripple TrailsSTUD-SStudio,1BA$839
Carrollton Manor Apartments1 Bed 1 Bath1BR,1BA$850
Chateau De VilleBordeauxStudio,1BA$871
CityView on Meridian1 Bedroom/1Bathroom 6151BR,1BA$950
A/62LePetit1BR,1BA$975

Best Value Apartments for Rent in Fairgrounds, IN

As of May 05, 2025 the best value apartment in the Fairgrounds area is the $1.07 price per square foot Lilac Model at Everly at Meridian Hills in the in the Faith Knoll neighborhood starting from $1,499. The second greatest value Fairgrounds apartment is the 2 Bed/2Ba Den W/D Up Model at Fallwood starting at $1,481 with a $1.14 price per square foot in the United Northeast neighborhood. Here is today’s list of the best values for Fairgrounds apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Everly at Meridian HillsLilac2BR,2BA$1.07
Fallwood2 Bed/2Ba Den W/D Up2BR,2BA$1.14
East Village at Avondale Meadows ApartmentsB22BR,2BA$1.12
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.43
Harbour PointeThe Hideaway1BR,1BA$1.40
The Meadows1 Bedroom 730sf1BR,1BA$1.60
The Pines at SoBroOne Bedrooms1BR,1BA$1.11
Chateau in the Woods1 Bd/1 Ba Sm ABY1BR,1BA$1.47
Brockton Apartments & TownhomesVL1 .11BR,1BA$1.51
Carrollton Manor Apartments1 Bed 1 Bath1BR,1BA$1.62

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Pet Friendly Lifestyle
Fairgrounds, Indianapolis, IN

Ranked #109

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for North Central Indianapolis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Fairgrounds Neighborhood in Indianapolis, IN

Walk Score®

64 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

73 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

35 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Fairgrounds Apartments

What is the Cheapest Studio apartment in Fairgrounds?

Currently the most affordable Cheap Studio Apartment in Fairgrounds is at Meridian Towers listed at $629.

How much is rent for a Cheap One Bedroom Fairgrounds Apartment?

The lowest price for a Cheap One Bedroom Fairgrounds Apartment is $693 at East Village at Avondale Meadows Apartments.

What is the lowest price for a Cheap Two Bedroom Fairgrounds Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fairgrounds is starting from $830 at The Pines at SoBro.

What is the most affordable Fairgrounds Three Bedroom Apartment?

The best deal on a cheap Fairgrounds Three Bedroom Apartment rental is at East Village at Avondale Meadows Apartments and starts from $662.

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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.