
Cheap Apartments for Rent in the Meadows Neighborhood of Indianapolis, IN from $500 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Meadows area of Indianapolis.


3610 Balsam Ave

3609 Balsam Ave

2932 N Dearborn St

3725 N Sherman Dr

3534 E Fall Creek Pkwy N Dr

3354 Hovey St

3528 E Fall Creek Pkwy N Dr
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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.

Broad Ripple Trails

Carrollton Manor Apartments

2945 Schofield Ave, Unit 2945

4901 N Washington Blvd

The Pines at SoBro

Trails at Lakeside

The Domino

Willow Brook
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2239 E 34th St

3709-3711 Kinnear Ave

2721 Adams St

Fallwood

Harbour Pointe

3101 N Temple Ave

New Bridge Apartments

Charmwood Terrace
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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.

THE COURTS OF MONON

Sherman Forest

East Village at Avondale Meadows Apartments

727 Fairfield Ave

VILLAGE AT FALL CREEK

Hopeside I

Overlook at the Fairgrounds

The Regal Apartments
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Nola Court Apartments

Birchwood Place

Point on Fall Creek I

Monon Station Apartments

Chateau De Ville

Stetson Senior Apartments

7 Pointe Apartments

Ashton Park
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Meadows, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Meadows?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Meadows Studio Apartments | $1,166 | $649 | $1,380 |
| Meadows 1 Bedroom Apartments | $1,244 | $775 | $2,154 |
| Meadows 2 Bedroom Apartments | $1,412 | $900 | $5,865 |
| Meadows 3 Bedroom Apartments | $1,884 | $1,100 | $5,764 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the Meadows Neighborhood of Indianapolis, IN.
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Cheapest Available Meadows Apartments for Rent
 The cheapest available apartment rental in the Meadows area of Indianapolis, IN is a 2 Beds unit found at East Village at Avondale Meadows Apartments priced from $579. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| East Village at Avondale Meadows Apartments | B3 | 2BR,2BA | $579 |
| Glenstone Studios | Studio | Studio,1BA | $649 |
| Nola Court Apartments | 1 Bed- 4442 | 1BR,1BA | $774 |
| Hopeside I | 2.2-40%-H | 2BR,2BA | $852 |
| Broad Ripple Trails | Commons 1 Bedroom | 1BR,1BA | $899 |
| Carrollton Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $900 |
| 4901 N Washington Blvd | 1 Bed 1 Bath | 1BR,1BA | $900 |
| The Pines at SoBro | 1 Bedroom 1 Bath Apartment - Classic | 1BR,1BA | $919 |
| Chateau De Ville | Bordeaux | Studio,1BA | $923 |
Best Value Apartments for Rent in Meadows, IN
As of March 01, 2026 the best value apartment in the Meadows area is the $0.83 price per square foot 2322 Guilford Ave Model at 2322 Guilford Ave, Unit A in the in the Martindale neighborhood starting from $1,250. The second greatest value Meadows apartment is the C2 Model at East Village at Avondale Meadows Apartments starting at $1,525 with a $1.18 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Meadows apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2322 Guilford Ave, Unit A | 2322 Guilford Ave | 3BR,1BA | $0.83 |
| East Village at Avondale Meadows Apartments | C2 | 3BR,2BA | $1.18 |
| 7 Pointe Apartments | Pebble | 3BR,2BA | $1.07 |
| Ashton Park | 2 bed / 2 bath | 2BR,2BA | $1.06 |
| 3326 Ruckle St, Unit Rear Apartment | 3326 Ruckle St | 1BR,1.5BA | $1.19 |
| Hopeside I | 2.2-50% | 2BR,2BA | $1.20 |
| The Pines at SoBro | 2x1 Large - Renovated | 2BR,1BA | $1.43 |
| Willow Brook | Two Bedroom One Bath | 2BR,1BA | $1.26 |
| Broad Ripple Trails | 1BR-L | 1BR,1BA | $1.33 |
| Carrollton Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.20 |
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 $923.
What is the price of a cheap apartment in Meadows?
The cheapest apartment in Meadows is Nola Court Apartments which is listed at $774, while the average apartment in Meadows costs $1,592.
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 13 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 $227 which is $1,365 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.
Helpful Local Expert Guides

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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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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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