
Cheap Homes for Rent in Meridian Woods Park Neighborhood of Indianapolis, IN from $300 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Meridian Woods Park area of Indianapolis.


8149 Trevellian Way

615 E Thompson Rd
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5025 S Walcott St

791 Joy Dr

793 Joy Dr
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Meridian Woods Park, Indianapolis, IN Local Guide

How much does it cost to rent a home in Meridian Woods Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Meridian Woods Park 2 Bedroom Homes for Rent | $1,087 | $975 | $1,175 |
| Meridian Woods Park 3 Bedroom Homes for Rent | $1,814 | $1,395 | $2,210 |
| Meridian Woods Park 4 Bedroom Homes for Rent | $2,030 | $1,800 | $2,580 |
| Meridian Woods Park 5 Bedroom Homes for Rent | $2,750 | $2,750 | $2,750 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 3 mile radius of the Meridian Woods Park Neighborhood of Indianapolis, IN.
Explore Indianapolis
Cheapest Available Meridian Woods Park Apartments for Rent
 The cheapest available apartment rental in the Meridian Woods Park area of Indianapolis, IN is a Studio unit found at 5700 Madison Apartments & Edgewood on Madison priced from $715. South & Madison has the second lowest priced unit, which is a Studio apartment currently listed from $809. Here are the most affordable Meridian Woods Park apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Cypress | Studio,1BA | $715 |
| South & Madison | E2 | Studio,1BA | $809 |
| Polo Run Apartments | The Shetland Studio | Studio,1BA | $810 |
Best Value Apartments for Rent in Meridian Woods Park, IN
As of February 25, 2026 the best value apartment in the Meridian Woods Park area is the $1.12 price per square foot 4946 Camden St Model at 4946 Camden St, Unit Big Camden in the in the Shelby Street-Epler Avenue neighborhood starting from $1,900. The second greatest value Meridian Woods Park apartment is the 2 Bedroom 1.5 Bath Townhome Model at Mansfield Village Townhomes starting at $1,650 with a $1.24 price per square foot in the Winchester Village neighborhood. Here is today’s list of the best values for Meridian Woods Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4946 Camden St, Unit Big Camden | 4946 Camden St | 3BR,2BA | $1.12 |
| Mansfield Village Townhomes | 2 Bedroom 1.5 Bath Townhome | 2BR,1.5BA | $1.24 |
| Martinique Terrace | 3Bd/1.5Ba Dn W/D | 3BR,1.5BA | $1.15 |
| Aspen Lakes | Large 2 Bedrooms 2 Baths - Phase II | 2BR,2BA | $1.24 |
| Dakota Ridge | Yellowstone | 2BR,2BA | $1.22 |
| SOUTHPORT AT BUCK CREEK | 2 Bedroom | 2BR,1BA | $1.20 |
| Pine Glen | Redwood Vintage | 2BR,1BA | $1.17 |
| South & Madison | B2 | 2BR,1BA | $1.19 |
| Fox Club | One Bedroom One Bath | 1BR,1BA | $1.14 |
| The Sterling | The Lexington | 1BR,1BA | $1.18 |
Frequently Asked Questions about Meridian Woods Park
What type of rentals are currently available in Meridian Woods Park?
There are currently 71 Apartments for Rent in Meridian Woods Park, IN with pricing that ranges from $715 to $3,641. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Meridian Woods Park ranging from $295 to $3,500.
What is the current price range for Rental Homes in Meridian Woods Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Meridian Woods Park ranges from $295 to $3,500 with an average monthly rent of $1,914.
How much are larger Three and Four Bedroom Rentals in Meridian Woods Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Meridian Woods Park range from $1,309 to $3,641, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $2,210. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,725.
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

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
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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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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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
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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.

Renting with Roommates: Realistic Expectations for Shared Lease
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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.