
Cheap Apartments for Rent in the Michigan Highland Neighborhood of Indianapolis, IN from $500 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Michigan Highland area of Indianapolis.


The Meridian North and South

Dogwood Glen

Carlton Apartments

Reflections Apartments

The Eclipse Apartment Homes
Michigan Highland, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Michigan Highland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Michigan Highland Studio Apartments | $893 | $705 | $1,159 |
| Michigan Highland 1 Bedroom Apartments | $1,046 | $699 | $1,720 |
| Michigan Highland 2 Bedroom Apartments | $1,264 | $770 | $2,899 |
| Michigan Highland 3 Bedroom Apartments | $1,500 | $1,124 | $2,329 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Michigan Highland Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Michigan Highland, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Michigan Highland Apartments for Rent
 The cheapest available apartment rental in the Michigan Highland area of Indianapolis, IN is a 1 Bed unit found at The Meridian North and South priced from $699. Estates at Crystal Bay has the second lowest priced unit, which is a 1 Bed apartment currently listed from $829. Here are the most affordable Michigan Highland apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Meridian North and South | A2S South | 1BR,1BA | $699 |
| Estates at Crystal Bay | One Bedroom One Bath | 1BR,1BA | $829 |
| Reflections Apartments | Replica | Studio,1BA | $844 |
| Turtle Creek | Studio | Studio,1BA | $859 |
| Landmark | Ranier | Studio,1BA | $925 |
Best Value Apartments for Rent in Michigan Highland, IN
As of November 03, 2025 the best value apartment in the Michigan Highland area is the $1.23 price per square foot Two Bedroom with Bonus Room (7176B2) Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,699. The second greatest value Michigan Highland apartment is the Orchid Model at Everly at Meridian Hills starting at $1,779 with a $1.07 price per square foot in the Faith Knoll neighborhood. Here is today’s list of the best values for Michigan Highland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pinnacle on Meridian | Two Bedroom with Bonus Room (7176B2) | 2BR,2BA | $1.23 |
| Everly at Meridian Hills | Orchid | 3BR,2BA | $1.07 |
| Private Reserve Townhomes | The Newburgh | 2BR,1.5BA | $1.07 |
| Edison at Meridian Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.28 |
| The Grove on 79th | 1 Bed 1.5 Bath Apartment - Renovated | 1BR,1.5BA | $1.12 |
| Park Place Apartments | 2 Bedroom Remodeled | 2BR,1BA | $1.37 |
| The Eclipse Apartment Homes | The Tuscana - Renovated | 2BR,1BA | $1.30 |
| The Grove on Harcourt | 1 Bed 1.5 Bath Large Apartment - Reno | 1BR,1.5BA | $1.15 |
| Lakeshore Reserve Off 86th Apartments and Townhomes | One Bedroom | 1BR,1BA | $1.56 |
| Estates at Crystal Bay | One Bedroom One Bath | 1BR,1BA | $1.28 |
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.
Pet Friendly LifestyleMichigan Highland, Indianapolis, IN
Ranked #158
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, 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 our Star Ratings to compare for the best outdoor access, luxury amenities, family-friendliness, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Michigan Highland Neighborhood in Indianapolis, IN
Walk Score®
41 / 100
Car-Dependent
Most errands require a car
Bike Score®
39 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
26 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Michigan Highland Apartments
What is a cheap apartment in Michigan Highland?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Michigan Highland is under $1,050.
What is the price of a cheap apartment in Michigan Highland?
The cheapest apartment in Michigan Highland is The Meridian North and South which is listed at $699, while the average apartment in Michigan Highland costs $1,415.
What types of apartments are the cheapest in Michigan Highland?
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 17 regular apartments in Michigan Highland 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 Michigan Highland?
Cheap apartments in Michigan Highland have an average cost of $170 which is $1,245 cheaper than the average rent for all rentals in Michigan Highland.
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.




