
Cheap Apartments for Rent in the Meadows Neighborhood of Indianapolis, IN from $300 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Meadows area of Indianapolis.


Glenstone Studios

Indy Town Apartments

1345 E 46th St
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.

The Pines at SoBro

3302 N Chester Ave

3520 E Fall Creek Pkwy N Dr

Broad Ripple Trails

2248 N Leland Ave

3763 Baltimore Ave

Carrollton Manor Apartments

Chateau De Ville

3528 E Fall Creek Pkwy N Dr
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.

A62 Apartments

3534 E Fall Creek Pkwy N Dr
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.

VILLAGE AT FALL CREEK

East Village at Avondale Meadows Apartments
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.
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 | $1,239 | $370 | $1,556 |
Meadows 1 Bedroom Apartments | $1,482 | $398 | $2,168 |
Meadows 2 Bedroom Apartments | $1,621 | $483 | $2,683 |
Meadows 3 Bedroom Apartments | $1,844 | $1,071 | $4,040 |
Meadows 4 Bedroom Apartments | $2,390 | $1,780 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Meadows Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
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 The Stella priced from $398. 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 |
---|---|---|---|
The Stella | Rigel 30% | 1BR,1BA | $398 |
Glenstone Studios | Studio | Studio,1BA | $649 |
East Village at Avondale Meadows Apartments | C1 | 3BR,2BA | $662 |
Hopeside I | 2.2-50% | 2BR,2BA | $745 |
Broad Ripple Trails | STUD-S | Studio,1BA | $839 |
Carrollton Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $850 |
Indy Town Apartments | Arlington Green 2 bedroom | 2BR,1BA | $863 |
Chateau De Ville | Bordeaux | Studio,1BA | $863 |
A62 Apartments | LePetit Luxe | 1BR,1BA | $891 |
The Pines at SoBro | One Bedrooms | 1BR,1BA | $906 |
Best Value Apartments for Rent in Meadows, IN
As of June 13, 2025 the best value apartment in the Meadows area is the $1.12 price per square foot B2 Model at East Village at Avondale Meadows Apartments in the in the Martindale neighborhood starting from $1,225. The second greatest value Meadows apartment is the 2.2-50% Model at Hopeside I starting at $745 with a $0.81 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. |
---|---|---|---|
East Village at Avondale Meadows Apartments | B2 | 2BR,2BA | $1.12 |
Hopeside I | 2.2-50% | 2BR,2BA | $0.81 |
Heritage Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.31 |
Harbour Pointe | The Hideaway | 1BR,1BA | $1.43 |
3229 Dr Andrew J Brown Ave, Unit 3227 Dr Andrew J Brown Av | 3229 Dr Andrew J Brown Ave | 3BR,1BA | $1.29 |
Willow Brook | Two Bedroom One Bath | 2BR,1BA | $1.37 |
Fallwood | 1 Bed/1.5 Ba Dn | 1BR,1.5BA | $1.43 |
The Pines at SoBro | One Bedrooms | 1BR,1BA | $1.27 |
Chateau in the Woods | 1 Bd/1 Ba Sm ABY | 1BR,1BA | $1.47 |
Indy Town Apartments | Arlington Green 2 bedroom | 2BR,1BA | $1.24 |
Getting Around the Meadows Neighborhood in Indianapolis, IN
Walk Score®
49 / 100
Car-Dependent
Most errands require a car
Bike Score®
52 / 100
Bikeable
Some bike infrastructure
Transit Score®
39 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $906.
What is the price of a cheap apartment in Meadows?
The cheapest apartment in Meadows is East Village at Avondale Meadows Apartments which is listed at $693, while the average apartment in Meadows costs $2,390.
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 11 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 $172 which is $2,218 cheaper than the average rent for all rentals in Meadows.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.

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.