Cheap Homes for Rent in Meridian Hills Neighborhood of Indianapolis, IN from $600 (9 Rentals)

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

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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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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 Studio unit found at The Hub at Nora priced from $749. The Meridian North and South has the second lowest priced unit, which is a 1 Bed apartment currently listed from $844. 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 - 467 Sq FtStudio,1BA$749
The Meridian North and SouthA8S South1BR,1BA$844
Reflections ApartmentsReplicaStudio,1BA$869

Best Value Apartments for Rent in Meridian Hills, IN

As of September 13, 2025 the best value apartment in the Meridian Hills area is the $0.95 price per square foot 7176B1 Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,099. 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$0.95
Townes at Winthrop2 Bed, 2.5 Bath, 2 car Garage Townhome2BR,2.5BA$1.19
Everly at Meridian HillsOrchid3BR,2BA$1.07
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
North Willow2 Bed/1 Ba w/FP-Up2BR,1BA$1.30
The Grove on Harcourt2 Bed 2 Bath Apartment - Premier2BR,2BA$1.16
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.28
Edgewater Apartments2 Bedroom2BR,2BA$1.26
Park Place Apartments2 Bedroom Remodeled2BR,1BA$1.26
Jade North ApartmentsPlan G1BR,1BA$1.29

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Meridian Hills, Indianapolis, IN

Ranked #49

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Meridian Hills

What type of rentals are currently available in Meridian Hills?

There are currently 64 Apartments for Rent in Meridian Hills, IN with pricing that ranges from $749 to $5,283. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Meridian Hills ranging from $675 to $6,500.

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 $675 to $6,500 with an average monthly rent of $2,437.

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 Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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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.