Cheap Apartments for Rent in the Meridian Hills Neighborhood of Indianapolis, IN from $600 (33 Rentals)

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

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.

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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.

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Shore Acres
Studio to 3 Bedroom Apartments

Shore Acres

1105 Westfield Ct WIndianapolis, IN 46240
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The Meridian North
1 to 3 Bedroom Apartments

The Meridian North

2100 Westlane RdIndianapolis, IN 46260
Corporate Housing

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

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Monon Walk Apartments
Studio to 1 Bedroom Apartments

Monon Walk Apartments

6115 Winthrop AveIndianapolis, IN 46220
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Northview
Studio to 2 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

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.

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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 Studio unit found at The Hub at Nora priced from $809. Wellington Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $842. Here are the most affordable Meridian Hills apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Hub at NoraStudio Suite with Patio/Balcony - The SparkStudio,1BA$809
Wellington Square Apartments1BR/1BA1BR,1BA$842
Reflections ApartmentsReplicaStudio,1BA$844
Turtle CreekStudioStudio,1BA$859
Lincolnshire Broad RippleStudio Upper LevelsStudio,1BA$875
Meridian Lakes1Bed/1Ba-Up (B)1BR,1BA$884
Jade North ApartmentsPlan FStudio,1BA$900
LandmarkRanierStudio,1BA$900
The Grove on Harcourt1x1,5 Classic1BR,1BA$979
Northwood on the TrailRedbud1BR,1BA$1,000

Best Value Apartments for Rent in Meridian Hills, IN

As of December 30, 2025 the best value apartment in the Meridian Hills area is the $1.18 price per square foot 7176B1 Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,599. 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$1.18
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.19
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
Everly at Meridian HillsIris2BR,1BA$1.15
North Willow2 Bed/1 Ba w/FP-Up2BR,1BA$1.30
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.28
The Grove on 79th1x1,5 Townhome Renovated1BR,1.5BA$1.20
Northwood on the TrailSugar Maple2BR,1BA$1.40
The Grove on Harcourt1x1,5 Large Renovated1BR,1.5BA$1.14
Broad Ripple FlatsUpgraded 1, 2 and 2.15 bath apartments2BR,1BA$1.38

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Meridian Hills, Indianapolis, IN

Ranked #56

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

Pet Friendliness Lifestyle Score

3.5
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!

Frequently Asked Questions about Cheap Meridian Hills Apartments

What is the Cheapest Studio apartment in Meridian Hills?

Currently the most affordable Cheap Studio Apartment in Meridian Hills is at The Hub at Nora listed at $809.

How much is rent for a Cheap One Bedroom Meridian Hills Apartment?

The lowest price for a Cheap One Bedroom Meridian Hills Apartment is $842 at Wellington Square Apartments.

What is the lowest price for a Cheap Two Bedroom Meridian Hills Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Meridian Hills is starting from $1,009 at The Hub at Nora.

What is the most affordable Meridian Hills Three Bedroom Apartment?

The best deal on a cheap Meridian Hills Three Bedroom Apartment rental is at Jade North Apartments and starts from $1,275.

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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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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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

Written by: Wendy Melton

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.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!