Cheap Apartments for Rent in the Key Meadows Neighborhood of Indianapolis, IN from $500 (25 Rentals)

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

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.

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.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Sebring Court
1 to 3 Bedroom Apartments

Sebring Court

1902 Parsons DrIndianapolis, IN 46224
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Northwoods Apartments
Studio to 2 Bedroom Apartments

Northwoods Apartments

816 Winding Brook East DrIndianapolis, IN 46234
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Heather Ridge
1 to 3 Bedroom Apartments

Heather Ridge

3245 Heather Ridge DrIndianapolis, IN 46214
  • Utilities Included

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.

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Brickyard Flats
Studio 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 1 Bed unit found at Stanford Court priced from $733. The Life at Northwest Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $759. Here are the most affordable Key Meadows apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Stanford CourtStandard One Bedroom (SN1)1BR,1BA$733
The Life at Northwest Gardens1 BED 1 BATH1BR,1BA$759
Mariners Village Apartments0 Bedroom 1 BathroomStudio,1BA$783
Brickyard FlatsA31BR,1BA$812
Woodhaven ParkOne Bedroom One Bath1BR,1BA$849

Best Value Apartments for Rent in Key Meadows, IN

As of January 24, 2026 the best value apartment in the Key Meadows area is the $1.11 price per square foot 2 Bed 1.5 Bath Townhome Model at Westpark Townhomes in the in the Speedway Wellhead neighborhood starting from $1,250. The second greatest value Key Meadows apartment is the The Cadwell Model at Wyckford Commons starting at $1,449 with a $1.33 price per square foot in the Speedway Wellhead 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.
Westpark Townhomes2 Bed 1.5 Bath Townhome2BR,1.5BA$1.11
Wyckford CommonsThe Cadwell2BR,1.5BA$1.33
Eagle Creek by Spark LivingExcite - Renovated2BR,1BA$1.28
The Maywood at SpeedwayThe Santa Maria2BR,1.5BA$1.29
10 West ApartmentsThe Dakota2BR,1BA$1.29
Chapel Hill ApartmentsThe Everglade2BR,1BA$1.31
Villa Del Sol ApartmentsSpacious one bed one bathroom apartment1BR,1BA$1.04
Brickyard FlatsA11BR,1BA$1.23
Woodhaven ParkOne Bedroom One Bath1BR,1BA$1.26
Fishermans VillageCobalt1BR,1BA$1.25

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.

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The 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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Key Meadows, Indianapolis, IN

Ranked #104

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
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!

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 Mariners Village Apartments listed at $783.

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

The lowest price for a Cheap One Bedroom Key Meadows Apartment is $733 at Stanford Court.

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 $949 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 Eagle Lake Landing and starts from $1,218.

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

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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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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.

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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.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.

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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.