Cheap Homes for Rent in Meadows Neighborhood of Indianapolis, IN from $500 (17 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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.

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.

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 Crossing2TH3050H2BR,1BA$545
East Village at Avondale Meadows ApartmentsB32BR,2BA$569
Hopeside I2.2-30%-H2BR,2BA$633
Glenstone StudiosStudioStudio,1BA$649
Nola Court Apartments1 Bed- 44421BR,1BA$774

Best Value Apartments for Rent in Meadows, IN

As of April 15, 2026 the best value apartment in the Meadows area is the $1.04 price per square foot 2 bed / 2 bath Model at Ashton Park in the in the United Northeast neighborhood starting from $1,179. The second greatest value Meadows apartment is the B2 Model at East Village at Avondale Meadows Apartments starting at $1,225 with a $1.12 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Ashton Park2 bed / 2 bath2BR,2BA$1.04
East Village at Avondale Meadows ApartmentsB22BR,2BA$1.12
3326 Ruckle St, Unit Rear Apartment3326 Ruckle St1BR,1.5BA$1.19
Hopeside I2.2-40%-H2BR,2BA$0.96
7 Pointe ApartmentsCrimson1BR,1BA$1.21
Fallwood1 Bed/1.5 Ba Dn1BR,1.5BA$1.43
The Pines at SoBro1 Bedroom 1 Bath Apartment - Classic1BR,1BA$1.48
2941 Schofield Ave, Unit 29412941 Schofield Ave2BR,1BA$1.42
2947 Schofield Ave, Unit 29472947 Schofield Ave2BR,1BA$1.47
The Villages at Mill Crossing0.1-pStudio ,1BA$1.49

Frequently Asked Questions about Meadows

What type of rentals are currently available in Meadows?

There are currently 151 Apartments for Rent in Meadows, IN with pricing that ranges from $545 to $5,340. There are also 113 Single Family Homes for rent, Condos, and Townhome rentals currently available in Meadows ranging from $599 to $2,800.

What is the current price range for Rental Homes in Meadows?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Meadows ranges from $599 to $2,800 with an average monthly rent of $1,368.

How much are larger Three and Four Bedroom Rentals in Meadows?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Meadows range from $626 to $4,709, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $1,090.

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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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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Articles, How-To's, and Tips

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.