Cheap Apartments for Rent in the Meridian Hills Neighborhood of Indianapolis, IN from $700 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Meridian Hills area of Indianapolis.

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Monon Walk Apartments
Studio to 1 Bedroom Apartments

Monon Walk Apartments

6115 Winthrop AveIndianapolis, IN 46220
  • Utilities Included

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Turtle Creek
Studio to 2 Bedroom Apartments

Turtle Creek

8253 Harcourt RdIndianapolis, IN 46260
  • Utilities Included
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Northview
1 Bedroom Apartments

Northview

8607 Cholla RdIndianapolis, IN 46240
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The Jameson
1 to 2 Bedroom Apartments

The Jameson

1854 Century WayIndianapolis, IN 46260

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Shore Acres
1 to 2 Bedroom Apartments

Shore Acres

1105 Westfield Ct WIndianapolis, IN 46240
Showing Results 1-33, Page 1 of 1

Meridian Hills, Indianapolis, IN Local Guide

Cheapest Available Meridian Hills Apartments for Rent

 

The cheapest available apartment rental in the Meridian Hills area of Indianapolis, IN is a 1 Bed unit found at The Meridian North and South priced from $794. The Hub at Nora has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Meridian Hills apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Meridian North and SouthA5S South1BR,1BA$794
The Hub at NoraStudio - 441 Sq FtStudio,1BA$800
Turtle CreekStudio 3rdStudio,1BA$817
LandmarkRanierStudio,1BA$925
Wellington Square Apartments1BR/1BA1BR,1BA$926
Meridian Lakes1Bed/1Ba-Up (A)1BR,1BA$940
Jade North ApartmentsPlan G1BR,1BA$950
WoodlakeOne Bedroom Apartment1BR,1BA$963
Grove on 79th1 Bed 1 Bath Apartment - Upgraded1BR,1BA$980
Edison at Meridian Hills1 Bedroom 1.5 Bath1BR,1BA$1,049

Best Value Apartments for Rent in Meridian Hills, IN

As of August 02, 2025 the best value apartment in the Meridian Hills area is the $0.93 price per square foot 7176B1 Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,049. The second greatest value Meridian Hills apartment is the 2 Bed, 2.5 Bath, 2 car Garage Townhome Model at Townes at Winthrop starting at $2,200 with a $1.19 price per square foot in the Warfleigh neighborhood. Here is today’s list of the best values for Meridian Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pinnacle on Meridian7176B12BR,2BA$0.93
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.19
Everly at Meridian HillsLilac2BR,2BA$1.07
Edgewater Apartments2 Bedroom 2 Bath End Unit2BR,2BA$1.08
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.28
Grove on Harcourt1 Bed 1.5 Bath Large Apartment - Upgrade1BR,1.5BA$1.29
Broad Ripple Flats2x12BR,1BA$1.38
Jade North ApartmentsPlan G1BR,1BA$1.29
Wellington Square Apartments1BR/1BA1BR,1BA$1.35

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Pet Friendly Lifestyle
Meridian Hills, Indianapolis, IN

Ranked #58

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for Indianapolis, Indiana. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, places to raise kids, raising pets, transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Meridian Hills Neighborhood in Indianapolis, IN

Walk Score®

54 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

66 / 100

Bikeable

Some bike infrastructure

Transit Score®

24 / 100

Minimal Transit

It may be possible to get on a bus

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 Meridian Hills Apartments

What is a cheap apartment in Meridian Hills?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Meridian Hills is under $1,049.

What is the price of a cheap apartment in Meridian Hills?

The cheapest apartment in Meridian Hills is The Meridian North and South which is listed at $794, while the average apartment in Meridian Hills costs $1,524.

What types of apartments are the cheapest in Meridian Hills?

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 36 regular apartments in Meridian Hills 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 Meridian Hills?

Cheap apartments in Meridian Hills have an average cost of $166 which is $1,358 cheaper than the average rent for all rentals in Meridian Hills.

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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.