Cheap Apartments for Rent in the Key Meadows Neighborhood of Indianapolis, IN from $574 (48 Rentals)

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

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property at 8169 Old Farm Ln
$1,375

Total Monthly Price

Base Rent$1,375
Total Monthly Price$1,375
2 Bedroom, 2 Bath Townhome for Rent
Available Now
Affordability

8169 Old Farm Ln

IndianapolisIN46214
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Aragon Woods
Studio to 3 Bedroom Apartments

Aragon Woods

8172 Aragon Woods DrIndianapolis, IN 46214
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Sebring Court
1 to 3 Bedroom Apartments

Sebring Court

1902 Parsons DrIndianapolis, IN 46224
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5911 W 25th St
Studio to 1 Bedroom Apartments

5911 W 25th St

5911-5921 W 25th StIndianapolis, IN 46224
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Heather Ridge
1 to 3 Bedroom Apartments

Heather Ridge

3245 Heather Ridge DrIndianapolis, IN 46214
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Northwoods Apartments
Studio to 2 Bedroom Apartments

Northwoods Apartments

816 Winding Brook East DrIndianapolis, IN 46234

Key Meadows - 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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10 West Apartments
1 to 3 Bedroom Apartments

10 West Apartments

7855 Cimarron TrlIndianapolis, IN 46214
Corporate Housing
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Wyckford Commons
1 to 3 Bedroom Apartments

Wyckford Commons

7777 Wyckford CtIndianapolis, IN 46214
Corporate Housing
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Honey Creek Apartments
2 to 3 Bedroom Apartments

Honey Creek Apartments

3510 N High School RdIndianapolis, IN 46224
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Bradford Park
1 to 4 Bedroom Apartments

Bradford Park

3940 Crystal Pond WayIndianapolis, IN 46234
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Brickyard Flats
Studio to 3 Bedroom Apartments

Brickyard Flats

6363 Hollister DrSpeedway, IN 46224
Showing Results 1-48, Page 1 of 1

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 Sebring Court priced from $764. Eagle Creek Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $779. Here are the most affordable Key Meadows apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Sebring CourtStandard One Bedroom (SN3M)1BR, 1BA$764
Eagle Creek CourtStandard One Bedroom (SN1)1BR, 1BA$779
Mariners Village Apartments0 Bedroom 1 BathroomStudio, 1BA$830
Brickyard FlatsA11BR, 1BA$875
Woodhaven ParkOne Bedroom One Bath1BR, 1BA$899
Loch HavenA1 R1BR, 1BA$900
Villa Del Sol Apartments?Your Perfect 1-Bedroom Awaits — Style, Space ...1BR, 1BA$900
Astoria Park Apartment HomesOne Bedroom - 712 sqft1BR, 1BA$910
DeercrossSpruce1BR, 1BA$925
The Life at Northwest Gardens2 BED 1 BATH2BR, 1BA$949

Best Value Apartments for Rent in Key Meadows, IN

As of September 20, 2026 the best value apartment in the Key Meadows area is the $1.15 price per square foot Collaborate Model at Eagle Creek by Spark Living in the Timberview neighborhood starting from $1,564. The second greatest value Key Meadows apartment is the Newport 1 Model at Runaway Bay Apartments in the Cheswick Place neighborhood starting at $1,459 with a $1.29 price per square foot. 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.
Eagle Creek by Spark LivingCollaborate3BR, 2BA$1.15
Runaway Bay ApartmentsNewport 12BR, 2BA$1.29
Eagle Lake LandingThe Chesapeake2BR, 2BA$1.16
Villa Del Sol Apartments??** Waiting List ** 3 Bed / 1.5 Bath Small Tow...3BR, 1.5BA$1.20
Stanford CourtTwo Bedroom Two Bathroom (C3M)2BR, 2BA$1.17
Astoria Park Apartment HomesTwo Bedroom 1.5 Bath - 960 sqft2BR, 1.5BA$1.31
6115 W 25th St6115 W 25th St2BR, 1BA$1.10
The Life at Northwest Gardens2 BED 1 BATH2BR, 1BA$1.22
The Maywood at SpeedwayThe Vesuvio1BR, 1BA$1.29
Brickyard FlatsA11BR, 1BA$1.27

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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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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 #94

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 price of a cheap apartment in Key Meadows?

The cheapest apartment in Key Meadows is Sebring Court which is listed at $764, while the average apartment in Key Meadows costs $1,209.

What types of apartments are the cheapest in Key Meadows?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 35 regular apartments in Key Meadows that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Key Meadows?

Cheap apartments in Key Meadows have an average cost of $266 which is $943 cheaper than the average rent for all rentals in Key Meadows.

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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My name is Wendy, and I am the local expert for ApartmentHomeLiving.com in the Indianapolis area. Being born and raised in Indiana, I know the true meaning of Hoosier hospitality.

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Written by: Wendy Melton

Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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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.

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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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