Cheap Apartments for Rent in the Meridian Woods Park Neighborhood of Indianapolis, IN from $700 (55 Rentals)

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

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property at 1213 Lawrence Ave

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

3 Bedroom, 1 Bath Home for Rent

Available Now

1213 Lawrence Ave

IndianapolisIN46227
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Estate View
1 to 2 Bedroom Apartments

Estate View

6768 S East StIndianapolis, IN 46227
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Windsor Court
1 to 2 Bedroom Apartments

Windsor Court

7302 Queen Anne CtIndianapolis, IN 46227
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South & Madison
Studio to 3 Bedroom Apartments

South & Madison

1819 Madison Village DrIndianapolis, IN 46227
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Spicewood
Studio to 2 Bedroom Apartments

Spicewood

354 Spicewood DrIndianapolis, IN 46227
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The Sterling
1 to 2 Bedroom Apartments

The Sterling

8020 Madison AveIndianapolis, IN 46227
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Fountain Lake Villas
Studio to 3 Bedroom Apartments

Fountain Lake Villas

2220 E Stop 13 RdIndianapolis, IN 46227
Senior Living

Meridian Woods Park - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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CrossRoads @ Southgreen
1 to 2 Bedroom Apartments

CrossRoads @ Southgreen

5030 Southgreen DrIndianapolis, IN 46227
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Lighthouse Landings
1 to 2 Bedroom Apartments

Lighthouse Landings

6640 Heron Neck DrIndianapolis, IN 46217
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Dakota Ridge
1 to 3 Bedroom Apartments

Dakota Ridge

1510 Dakota Ridge DrIndianapolis, IN 46217
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Crestwood Village South
Studio to 2 Bedroom Apartments

Crestwood Village South

8809 Madison AveIndianapolis, IN 46227
Senior Living
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Fairfax Duplexes
2 Bedroom Apartments

Fairfax Duplexes

2123 Fairfax RdIndianapolis, IN 46227

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 2

Meridian Woods Park, Indianapolis, IN Local Guide

Cheapest Available Meridian Woods Park Apartments for Rent

 

The cheapest available apartment rental in the Meridian Woods Park area of Indianapolis, IN is a 1 Bed unit found at Berkley Commons priced from $749. 5700 Madison Apartments & Edgewood on Madison has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Meridian Woods Park apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Berkley CommonsOne Bedroom One Bath1BR,1BA$749
5700 Madison Apartments & Edgewood on MadisonEdgewood - CypressStudio,1BA$800
South & MadisonE2Studio,1BA$809
Brookwood Apartments1 Bedroom 1 Bathroom1BR,1BA$845
Capital PlaceTwo Bedroom One Bath2BR,1BA$849
Thompson Village ApartmentsOne Bedroom Apartment1BR,1BA$850
Pine Glen1x1 Classic WL1BR,1BA$870
SOUTHPORT AT BUCK CREEK1 Bedroom1BR,1BA$884
Greentree Apartments1x1 Classic1BR,1BA$889
Buckridge at Southport1BR/1.0BA1BR,1BA$890

Best Value Apartments for Rent in Meridian Woods Park, IN

As of August 26, 2026 the best value apartment in the Meridian Woods Park area is the $1.16 price per square foot 3Bd/2Ba Up W/D Model at Martinique Terrace in the in the Winchester Village neighborhood starting from $1,506. The second greatest value Meridian Woods Park apartment is the Two Bedroom Two Bath Model at Fox Club starting at $1,125 with a $1.13 price per square foot in the Shelby Street-Epler Avenue neighborhood. Here is today’s list of the best values for Meridian Woods Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Martinique Terrace3Bd/2Ba Up W/D3BR,2BA$1.16
Fox ClubTwo Bedroom Two Bath2BR,2BA$1.13
Oak ParkB2 Timber Upgrade2BR,1BA$1.21
Windsor CourtTwo Bedroom Two Bathroom (C3M)2BR,2BA$1.15
Brookwood Apartments2 Bedroom 1.5 Bath2BR,1.5BA$1.23
CrossRoads @ Madison ParkCrossRoads @ Madison Park - 012BR,1BA$1.10
CrossRoads @ SouthgreenCrossRoads @ Southgreen - 615-1...2BR,1BA$1.20
The SterlingThe Lexington1BR,1BA$1.22
Buckridge at Southport1BR/1.0BA1BR,1BA$1.24
SOUTHPORT AT BUCK CREEK1 Bedroom1BR,1BA$1.26

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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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 Woods Park, Indianapolis, IN

Ranked #72

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Meridian Woods Park, Indianapolis, IN

School data provided by Great Schools

Lifestyle Ratings

This website compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States and customized analysis for Southern Indianapolis, IN. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, family-friendliness, raising pets, transit options, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Meridian Woods Park Apartments

What is the Cheapest Studio apartment in Meridian Woods Park?

Currently the most affordable Cheap Studio Apartment in Meridian Woods Park is at 5700 Madison Apartments & Edgewood on Madison listed at $800.

How much is rent for a Cheap One Bedroom Meridian Woods Park Apartment?

The lowest price for a Cheap One Bedroom Meridian Woods Park Apartment is $749 at Berkley Commons.

What is the lowest price for a Cheap Two Bedroom Meridian Woods Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Meridian Woods Park is starting from $849 at Capital Place.

What is the most affordable Meridian Woods Park Three Bedroom Apartment?

The best deal on a cheap Meridian Woods Park Three Bedroom Apartment rental is at Berkley Commons and starts from $1,149.

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

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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.

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