Cheap Apartments for Rent in the Key Meadows Neighborhood of Indianapolis, IN from $500 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Key Meadows area of Indianapolis.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Sebring Court
1 to 3 Bedroom Apartments

Sebring Court

1902 Parsons DrIndianapolis, IN 46224
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Heather Ridge
1 to 3 Bedroom Apartments

Heather Ridge

3245 Heather Ridge DrIndianapolis, IN 46214
  • Utilities Included

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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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Brickyard Flats
1 to 3 Bedroom Apartments

Brickyard Flats

6363 Hollister DrSpeedway, IN 46224

Key Meadows, Indianapolis, IN Local Guide

Cheapest Available Key Meadows Apartments for Rent

 

The cheapest available apartment rental in the Key Meadows area of Indianapolis, IN is a Studio unit found at Marabou Mills priced from $740. Woodhaven Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here are the most affordable Key Meadows apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Marabou MillsStudioStudio,1BA$740
Woodhaven ParkOne Bedroom One Bath1BR,1BA$845
Meadows Apartments1 Bedroom 1 Bath Apartment1BR,1BA$845
Mariners VillageStudioStudio,1BA$852
Fishermans VillageAquaStudio,1BA$905

Best Value Apartments for Rent in Key Meadows, IN

As of May 28, 2025 the best value apartment in the Key Meadows area is the $1.39 price per square foot The Monroe Townhome Model at The Maywood at Speedway in the in the Cheswick Place neighborhood starting from $1,450. The second greatest value Key Meadows apartment is the Barton-Renovated Model at Eagle Creek Apartments starting at $1,342 with a $1.33 price per square foot in the Timberview neighborhood. Here is today’s list of the best values for Key Meadows apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Maywood at SpeedwayThe Monroe Townhome2BR,1.5BA$1.39
Eagle Creek ApartmentsBarton-Renovated2BR,1BA$1.33
10 West ApartmentsThe Broadway2BR,2BA$1.31
Eagle Lake LandingThe Islander1BR,1BA$1.46
Pier 39 Apartments & TownhomesOne Bedroom One Bathroom1BR,1BA$1.42
Meadows Apartments1 Bedroom 1 Bath Apartment1BR,1BA$1.22
Astoria Park Apartment HomesOne Bedroom - 670 sqft1BR,1BA$1.49
Deercross ApartmentsSpruce1BR,1BA$1.48
Woodhaven ParkOne Bedroom One Bath1BR,1BA$1.30
Mariners VillageStudioStudio ,1BA$1.41

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Pet Friendly Lifestyle
Key Meadows, Indianapolis, IN

Ranked #22

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 comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Key Meadows, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, 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 Key Meadows Neighborhood in Indianapolis, IN

Walk Score®

26 / 100

Car-Dependent

Most errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

13 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Key Meadows Apartments

What is the Cheapest Studio apartment in Key Meadows?

Currently the most affordable Cheap Studio Apartment in Key Meadows is at Marabou Mills listed at $740.

How much is rent for a Cheap One Bedroom Key Meadows Apartment?

The lowest price for a Cheap One Bedroom Key Meadows Apartment is $845 at Woodhaven Park.

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

Today's best deal for a Cheap Two Bedroom Apartment in Key Meadows is starting from $1,014 at The Life at Northwest Gardens.

What is the most affordable Key Meadows Three Bedroom Apartment?

The best deal on a cheap Key Meadows Three Bedroom Apartment rental is at Woodhaven Park and starts from $1,320.

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.