Cheap Apartments for Rent in the Meridian-Kessler Neighborhood of Indianapolis, IN from $400 (76 Rentals)

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

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property at 3450 Graceland Ave

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075

Total Monthly Price
$1,075

3 Bedroom, 1 Bath Townhome for Rent

Available Now

3450 Graceland Ave

IndianapolisIN46208
property at 4155 Graceland Ave

$1,100 - $2,400

1 To 4 Bedroom Homes for Rent

Available Now

4155 Graceland Ave

IndianapolisIN46208

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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Charmwood Terrace
Studio to 2 Bedroom Apartments

Charmwood Terrace

3419 N Pennsylvania StIndianapolis, IN 46205
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Parkside At Tarkington
1 to 2 Bedroom Apartments

Parkside At Tarkington

3901 N Meridian StIndianapolis, IN 46208
Senior Living
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THE COURTS OF MONON
Studio to 1 Bedroom Apartments

THE COURTS OF MONON

3605-3609 Balsam AveIndianapolis, IN 46205
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Marblehead
Studio to 2 Bedroom Apartments

Marblehead

3310 N Meridian StIndianapolis, IN 46208
  • Utilities Included
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727 Fairfield Ave
1 Bedroom Apartments

727 Fairfield Ave

727 Fairfield AveIndianapolis, IN 46205
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VILLAGE AT FALL CREEK
Studio to 1 Bedroom Apartments

VILLAGE AT FALL CREEK

3520-3534 Fall Creek Parkway North DrIndianapolis, IN 46205
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The Historic Bauer
1 to 2 Bedroom Apartments

The Historic Bauer

3720 N Meridian StIndianapolis, IN 46208
  • Utilities Included
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Historic Dorchester
1 to 4 Bedroom Apartments

Historic Dorchester

3720 N Pennsylvania StIndianapolis, IN 46205

Check Out Indianapolis’s Best Affordable Neighborhoods

Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

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Oxmoor Indy
1 to 3 Bedroom Apartments

Oxmoor Indy

3640 N Meridian StIndianapolis, IN 46208
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Winston
1 Bedroom Apartments

Winston

3630 N Meridian StIndianapolis, IN 46208
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Admiral
1 to 4 Bedroom Apartments

Admiral

3025 N Meridian StIndianapolis, IN 46208
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The Regal Apartments
1 to 2 Bedroom Apartments

The Regal Apartments

3603 N Washington BlvdIndianapolis, IN 46205
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Meridian Plaza
1 to 2 Bedroom Apartments

Meridian Plaza

3726 N Meridian StIndianapolis, IN 46208
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3519 Balsam Ave
1 Bedroom Apartments

3519 Balsam Ave

3519 Balsam AveIndianapolis, IN 46205
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Birchwood Place
Studio to 1 Bedroom Apartments

Birchwood Place

1040 Fairfield AveIndianapolis, IN 46205
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The Meridian
Studio to 2 Bedroom Apartments

The Meridian

1 E 36th StIndianapolis, IN 46205

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Meridian-Kessler, Indianapolis, IN Local Guide

Cheapest Available Meridian-Kessler Apartments for Rent

 

The cheapest available apartment rental in the Meridian-Kessler area of Indianapolis, IN is a Studio unit found at Meridian Towers priced from $619. Glenstone Studios has the second lowest priced unit, which is a Studio apartment currently listed from $665. Here are the most affordable Meridian-Kessler apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Meridian TowersStudio ApartmentStudio,1BA$619
Glenstone StudiosStudioStudio,1BA$665
Oxmoor Indy1BR/1.0BA1BR,1BA$699
34 North ApartmentsStudioStudio,1BA$725
3519 Balsam Ave1 Beds, 1 Baths1BR,1BA$775
Parkway1 Bedroom1BR,1BA$799
The MeridianThe PennStudio,1BA$799
The Star2 Bed2BR,1BA$799
Monon Walk ApartmentsStudioStudio,1BA$810
Maple Court2 Bed Original2BR,1BA$859

Best Value Apartments for Rent in Meridian-Kessler, IN

As of July 26, 2026 the best value apartment in the Meridian-Kessler area is the $1.16 price per square foot Buckingham 3 BR, 2 BA Apartment 1,815 Sq Ft. Model at Buckingham & Balmoral in the in the Martindale neighborhood starting from $2,105. The second greatest value Meridian-Kessler apartment is the Garnet Model at 7 Pointe Apartments starting at $1,069 with a $0.99 price per square foot in the United Northeast neighborhood. Here is today’s list of the best values for Meridian-Kessler apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Buckingham & BalmoralBuckingham 3 BR, 2 BA Apartment 1,815 Sq Ft.3BR,2BA$1.16
7 Pointe ApartmentsGarnet2BR,2BA$0.99
The Star2 Bed2BR,1BA$0.76
3326 Ruckle St, Unit Rear Apartment3326 Ruckle St1BR,1.5BA$1.19
Oxmoor Indy3BR/1.0BA3BR,1BA$1.00
Broad Ripple Trails2BR-L Rehab Village2BR,1BA$1.39
Willow BrookTwo Bedroom One Bath2BR,1BA$1.40
Maple Court2 Bed Original2BR,1BA$1.23
Monon Walk ApartmentsStudioStudio ,1BA$1.35
Parkway1 Bedroom1BR,1BA$1.43

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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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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Real 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.

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Pet Friendly Lifestyle
Meridian-Kessler, Indianapolis, IN

Ranked #184

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

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States, including Indianapolis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, kid and pet-friendly communities, availability of 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-Kessler Apartments

What is a cheap apartment in Meridian-Kessler?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Meridian-Kessler is under $859.

What is the price of a cheap apartment in Meridian-Kessler?

The cheapest apartment in Meridian-Kessler is Oxmoor Indy which is listed at $699, while the average apartment in Meridian-Kessler costs $1,750.

What types of apartments are the cheapest in Meridian-Kessler?

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 38 regular apartments in Meridian-Kessler 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-Kessler?

Cheap apartments in Meridian-Kessler have an average cost of $346 which is $1,404 cheaper than the average rent for all rentals in Meridian-Kessler.

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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