Cheap Apartments for Rent in the Meadows Neighborhood of Indianapolis, IN from $500 (68 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

$749

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
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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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727 Fairfield Ave
1 Bedroom Apartments

727 Fairfield Ave

727 Fairfield 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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Hopeside I
2 Bedroom Apartments

Hopeside I

2005 E 25th StIndianapolis, IN 46218
Senior Living
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The Regal Apartments
1 to 2 Bedroom Apartments

The Regal Apartments

3603 N Washington BlvdIndianapolis, IN 46205
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Birchwood Place
Studio to 1 Bedroom Apartments

Birchwood Place

1040 Fairfield AveIndianapolis, IN 46205
  • Utilities Included

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3519 Balsam Ave
1 Bedroom Apartments

3519 Balsam Ave

3519 Balsam AveIndianapolis, IN 46205
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Monon Station Apartments
Studio to 2 Bedroom Apartments

Monon Station Apartments

4554 Winthrop AveIndianapolis, IN 46205
  • Utilities Included
property at 2952 Adams St

$975

2 Bedroom Rentals

Available Now

2952 Adams St

IndianapolisIN46218
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Harbour Pointe
1 to 2 Bedroom Apartments

Harbour Pointe

4400 E Fall Creek Parkway North DrIndianapolis, IN 46205
Corporate Housing

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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 The Villages at Mill Crossing priced from $545. East Village at Avondale Meadows Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $569. Here are the most affordable Meadows apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Villages at Mill Crossing2THSFL2BR,1BA$545
East Village at Avondale Meadows ApartmentsB32BR,2BA$569
Glenstone StudiosStudioStudio,1BA$665
The Commons on 25thStudio - The EnclaveStudio,1BA$799
3519 Balsam Ave1 Beds, 1 Baths1BR,1BA$800
Hopeside I2.2-40%-H2BR,2BA$883
Trails at LakesideVictoria1BR,1BA$895
Carrollton Manor Apartments1 Bed 1 Bath Unfurnished1BR,1BA$900
The Pines at SoBro1x1 - Classic1BR,1BA$989

Best Value Apartments for Rent in Meadows, IN

As of July 15, 2026 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 Garnet Model at 7 Pointe Apartments starting at $1,069 with a $0.99 price per square foot in the United Northeast 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.
East Village at Avondale Meadows ApartmentsB22BR,2BA$1.12
7 Pointe ApartmentsGarnet2BR,2BA$0.99
Harbour PointeThe Islander2BR,1.5BA$1.24
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$1.31
Willow BrookTwo Bedroom One Bath2BR,1BA$1.40
Broad Ripple Trails1BR-L Rehab Village1BR,1BA$1.47
Chateau De VilleCalais1BR,1BA$1.46
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 $989.

What is the price of a cheap apartment in Meadows?

The cheapest apartment in Meadows is The Villages at Mill Crossing which is listed at $669, while the average apartment in Meadows costs $3,142.

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 21 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 $237 which is $2,905 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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