Cheap Apartments for Rent in the Meridian Hills Neighborhood of Indianapolis, IN from $700 (32 Rentals)

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

property at 6918 Crittenden Ave

$500

Total Monthly Price

Total Monthly Price

Base Rent
$500
Total Monthly Price
$500

3 Bedroom, 1 Bath Home for Rent

Available Now

6918 Crittenden Ave

IndianapolisIN46220

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property at 6721 Riverfront Ave

$1,290 - $2,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,290 - $2,400
Total Monthly Price
$1,290 - $2,400

Studio To 2 Bedroom Homes for Rent

Available Sep 1

6721 Riverfront Ave

IndianapolisIN46220
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Shore Acres
Studio to 3 Bedroom Apartments

Shore Acres

1105 Westfield Ct WIndianapolis, IN 46240

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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Reflections Apartments
Studio to 3 Bedroom Apartments

Reflections Apartments

7999 Silverleaf DrIndianapolis, IN 46260
Corporate Housing
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The Meridian North
1 to 3 Bedroom Apartments

The Meridian North

2100 Westlane RdIndianapolis, IN 46260
Corporate Housing
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The Jameson
1 to 2 Bedroom Apartments

The Jameson

1854 Century WayIndianapolis, IN 46260

Meridian Hills - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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Showing Results 1-32, 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 Turtle Creek - Indianapolis priced from $749. Reflections Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Meridian Hills apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Turtle Creek - IndianapolisS1 ShellStudio,1BA$749
Reflections ApartmentsReplicaStudio,1BA$799
The Hub at NoraStudio - The CoreStudio,1BA$799
Monon Walk ApartmentsStudioStudio,1BA$810
The Meridian North and SouthB4S South2BR,1BA$869
LandmarkS1 RanierStudio,1BA$870
Wellington Square Apartments1BR/1BA1BR,1BA$926
Northwood on the TrailRedbud1BR,1BA$950
Meridian Lakes1Bed/1Ba-Dn (A)1BR,1BA$960
The Manning Apartment HomesStudioStudio,1BA$969

Best Value Apartments for Rent in Meridian Hills, IN

As of July 26, 2026 the best value apartment in the Meridian Hills area is the $1.32 price per square foot Two Bedroom with Bonus Room (7176B2) Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,899. 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 $2,450 with a $1.44 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 MeridianTwo Bedroom with Bonus Room (7176B2)2BR,2BA$1.32
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.44
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.29
Jade North ApartmentsPlan H2BR,1.5BA$1.10
Northwood on the TrailSugar Maple2BR,1BA$1.32
The Grove on Harcourt1x1.5 Large Renovated1BR,1.5BA$1.33
WoodlakeOne Bedroom Apartment1BR,1BA$1.39
Wellington Square Apartments1BR/1BA1BR,1BA$1.35
Monon Walk ApartmentsStudioStudio ,1BA$1.35

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From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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!

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 $969.

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

The cheapest apartment in Meridian Hills is Turtle Creek - Indianapolis which is listed at $859, while the average apartment in Meridian Hills costs $1,429.

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 19 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 $163 which is $1,266 cheaper than the average rent for all rentals in Meridian Hills.

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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