Cheap Homes for Rent in Meridian-Kessler Neighborhood of Indianapolis, IN from $700 (54 Rentals)

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

property at 4021 Clarendon Rd

$920

Total Monthly Price

Total Monthly Price

Base Rent
$920

Total Monthly Price
$920

1 Bedroom, 1 Bath Home for Rent

Available Now

4021 Clarendon Rd

IndianapolisIN46208

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

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.

property at 824 E 44th St

$950

1 Bedroom Rentals

Available Now

824 E 44th St

IndianapolisIN46205

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.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

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property at 5161 Caroline Ave

$1,200

2 Bedroom, 1 Bath Townhome for Rent

Available Now

5161 Caroline Ave

IndianapolisIN46205

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 $629. Glenstone Studios has the second lowest priced unit, which is a Studio apartment currently listed from $649. Here are the most affordable Meridian-Kessler apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Meridian TowersStudio ApartmentStudio,1BA$629
Glenstone StudiosStudioStudio,1BA$649
Oxmoor Indy1BR/1.0BA1BR,1BA$699
34 North ApartmentsStudioStudio,1BA$725
Parkway1 Bedroom1BR,1BA$799
The Star2 Bed2BR,1BA$799
Broad Ripple TrailsSTUD-SStudio,1BA$839
Maple Court Apartments - Where City Convenience Meets Neighborhood Charm!2 Bed Remodel2BR,1BA$885
Carrollton Manor Apartments1 Bed 1 Bath1BR,1BA$900

Best Value Apartments for Rent in Meridian-Kessler, IN

As of February 15, 2026 the best value apartment in the Meridian-Kessler area is the $1.33 price per square foot 513 Bernard Ave Model at 513 Bernard Ave, Unit 513 Bernard Basement Unit in the in the Cheswick Place neighborhood starting from $2,400. The second greatest value Meridian-Kessler apartment is the 2 bed / 2 bath Model at Ashton Park starting at $1,199 with a $1.06 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.
513 Bernard Ave, Unit 513 Bernard Basement Unit513 Bernard Ave4BR,2.5BA$1.33
Ashton Park2 bed / 2 bath2BR,2BA$1.06
7 Pointe ApartmentsGarnet2BR,2BA$1.01
The Star2 Bed2BR,1BA$0.76
3326 Ruckle St, Unit Rear Apartment3326 Ruckle St1BR,1.5BA$1.19
1 & 2 Bedroom Apartments in Downtown Indianapolis - Meridian Plaza Awaits You!*Meridian Plaza*2BR,1BA$0.92
Park Place Apartments2 Bedroom Remodeled2BR,1BA$1.37
Maple Court Apartments - Where City Convenience Meets Neighborhood Charm!2 Bed Remodel2BR,1BA$1.18
Carrollton Manor Apartments1 Bed 1 Bath1BR,1BA$1.20
Oxmoor Indy1BR/1.0BA1BR,1BA$1.00

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Quick 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.

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Pet Friendly Lifestyle
Meridian-Kessler, Indianapolis, IN

Ranked #103

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-Kessler

What type of rentals are currently available in Meridian-Kessler?

There are currently 193 Apartments for Rent in Meridian-Kessler, IN with pricing that ranges from $629 to $4,407. There are also 162 Single Family Homes for rent, Condos, and Townhome rentals currently available in Meridian-Kessler ranging from $700 to $9,000.

What is the current price range for Rental Homes in Meridian-Kessler?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Meridian-Kessler ranges from $700 to $9,000 with an average monthly rent of $2,090.

How much are larger Three and Four Bedroom Rentals in Meridian-Kessler?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Meridian-Kessler range from $850 to $2,065, while Three Bedroom Homes, Condos, and Townhomes for rent range from $947 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,299 and Four Bedroom Apartments start at $975.

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.

Helpful Local Expert Guides

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters article

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

decorative image for Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods article

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.