Cheap Homes for Rent in Meridian Hills Neighborhood of Indianapolis, IN from $700 (8 Rentals)

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

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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The Art of the Rental Viewing: What to look for during a property tour

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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 $769. 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 SouthA1S North1BR,1BA$769
The Hub at NoraStudio - 441 Sq FtStudio,1BA$800
Turtle CreekStudio 3rdStudio,1BA$817

Best Value Apartments for Rent in Meridian Hills, IN

As of July 30, 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 HillsOrchid3BR,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$1.33
WoodlakeTwo Bedroom Townhome2BR,1.5BA$1.48
Grove on Harcourt1 Bed 1.5 Bath Large Apartment - Upgrade1BR,1.5BA$1.29
Jade North ApartmentsPlan G1BR,1BA$1.29
Wellington Square Apartments1BR/1BA1BR,1BA$1.35

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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 $769 to $5,274. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Meridian Hills ranging from $725 to $4,500.

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 $725 to $4,500 with an average monthly rent of $2,076.

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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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.