Cheap Homes for Rent in the Meadows Neighborhood of Indianapolis, IN from $800 (26 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.

property at 2952 Adams St

$975

2 Bedroom Rentals

Available Now

2952 Adams 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

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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 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 Meadows

What type of rentals are currently available in Meadows?

There are currently 153 Apartments for Rent in Meadows, IN with pricing that ranges from $599 to $4,739. There are also 93 Single Family Homes for rent, Condos, and Townhome rentals currently available in Meadows ranging from $850 to $2,999.

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 $850 to $2,999 with an average monthly rent of $1,614.

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 $825 to $4,739, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,045 to $2,999. Four Bedroom Single-Family rentals are also available starting from $1,570 and Four Bedroom Apartments start at $1,800.

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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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

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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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

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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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.