
Cheap Homes for Rent in the Meridian Hills Neighborhood of Indianapolis, IN from $500 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Meridian Hills area of Indianapolis.

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Meridian Hills, Indianapolis, IN Local Guide

How much does it cost to rent a home in Meridian Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Meridian Hills 2 Bedroom Homes for Rent | $1,897 | $1,395 | $2,400 |
| Meridian Hills 3 Bedroom Homes for Rent | $1,727 | $500 | $2,300 |
| Meridian Hills 4 Bedroom Homes for Rent | $2,375 | $2,375 | $2,375 |
| Meridian Hills 5 Bedroom Homes for Rent | $8,500 | $8,500 | $8,500 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Meridian Hills Neighborhood of Indianapolis, IN.
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Meridian Hills, Indianapolis, IN Local Guide
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Best Value Apartments for Rent in Meridian Hills, IN
As of July 29, 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 The Newburgh Model at Private Reserve Townhomes starting at $1,379 with a $1.07 price per square foot in the Spring Arbor neighborhood. Here is today’s list of the best values for Meridian Hills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pinnacle on Meridian | Two Bedroom with Bonus Room (7176B2) | 2BR,2BA | $1.32 |
| Private Reserve Townhomes | The Newburgh | 2BR,1.5BA | $1.07 |
| Meridian Lakes | 2Bed/2Ba-Up (H) | 2BR,2BA | $1.25 |
| Edison at Meridian Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.29 |
| Jade North Apartments | Plan H | 2BR,1.5BA | $1.10 |
| Northwood on the Trail | Sugar Maple | 2BR,1BA | $1.32 |
| The Grove on Harcourt | 1x1.5 Large Renovated | 1BR,1.5BA | $1.33 |
| Woodlake | One Bedroom Apartment | 1BR,1BA | $1.40 |
| Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.35 |
| Monon Walk Apartments | Studio | Studio ,1BA | $1.35 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleMeridian Hills, Indianapolis, IN
Ranked #58
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Meridian Hills
What type of rentals are currently available in Meridian Hills?
There are currently 63 Apartments for Rent in Meridian Hills, IN with pricing that ranges from $749 to $5,283. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Meridian Hills ranging from $500 to $8,500.
What is the current price range for Rental Homes in Meridian Hills?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Meridian Hills ranges from $500 to $8,500 with an average monthly rent of $2,930.
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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