Cheap Apartments for Rent in the Meadows Neighborhood of Indianapolis, IN from $520 (91 Rentals)

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

property at 3165 Station St

$699

Studio To 3 Bedroom Rentals

Available Now

3165 Station St

IndianapolisIN46218

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property at 2950 N Colorado Ave

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095
Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Now

2950 N Colorado Ave

IndianapolisIN46218
property at 2415 Broadway St

$1,095 - $1,150

1 Bedroom Rentals

Available Now

2415 Broadway St

IndianapolisIN46205

Check Out Indianapolis’s Best Affordable Neighborhoods

Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

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Charmwood Terrace
Studio to 2 Bedroom Apartments

Charmwood Terrace

3419 N Pennsylvania StIndianapolis, IN 46205
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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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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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Hopeside I
2 Bedroom Apartments

Hopeside I

2005 E 25th StIndianapolis, IN 46218
Senior Living

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Cheapest Available Meadows Apartments for Rent

 

The cheapest available apartment rental in the Meadows area of Indianapolis, IN is a 1 Bed unit found at Central @ 29 priced from $543. Glenstone Studios has the second lowest priced unit, which is a Studio apartment currently listed from $649. Here are the most affordable Meadows apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Central @ 291 Bedroom - A1BR,1BA$543
Glenstone StudiosStudioStudio,1BA$649
East Village at Avondale Meadows ApartmentsA11BR,1BA$703
The Commons on 25thStudio - The EnclaveStudio,1BA$749
Chateau De VilleS1 BordeauxStudio,1BA$773
Broad Ripple TrailsSTUD-DStudio,1BA$799
Trails at LakesideVictoria1BR,1BA$895
Carrollton Manor Apartments1 Bed 1 Bath Unfurnished1BR,1BA$900

Best Value Apartments for Rent in Meadows, IN

As of August 30, 2026 the best value apartment in the Meadows area is the $0.63 price per square foot 2 Bed Townhouse w/ Basement - 4441 Model at Nola Court Apartments in the in the Keystone-Monon neighborhood starting from $1,000. The second greatest value Meadows apartment is the 612 E 46th St Model at 612 E 46th St, Unit 612 E 46th Street starting at $1,800 with a $1.29 price per square foot in the Keystone-Monon neighborhood. Here is today’s list of the best values for Meadows apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Nola Court Apartments2 Bed Townhouse w/ Basement - 44412BR,1BA$0.63
612 E 46th St, Unit 612 E 46th Street612 E 46th St2BR,1BA$1.29
East Village at Avondale Meadows ApartmentsC23BR,2BA$1.12
3326 Ruckle St, Unit Rear Apartment3326 Ruckle St1BR,1.5BA$1.19
Hopeside I2.2-50%2BR,2BA$1.20
Fallwood1 Bed/1.5 Ba Den Up1BR,1.5BA$1.22
7 Pointe ApartmentsCrimson1BR,1BA$1.25
Willow BrookOne Bedroom One Bath1BR,1BA$1.43
2947 Schofield Ave, Unit 29472947 Schofield Ave2BR,1BA$1.47
2943 Schofield Ave, Unit 29432943 Schofield Ave2BR,1BA$1.47

Frequently Asked Questions about Cheap Meadows Apartments

What is a cheap apartment in Meadows?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Meadows is under $900.

What is the price of a cheap apartment in Meadows?

The cheapest apartment in Meadows is Central @ 29 which is listed at $543, while the average apartment in Meadows costs $1,195.

What types of apartments are the cheapest in 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 25 regular apartments in 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 Meadows?

Cheap apartments in Meadows have an average cost of $236 which is $959 cheaper than the average rent for all rentals in 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.

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