
Cheap Apartments for Rent in the Michigan Highland Neighborhood of Indianapolis, IN from $500 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in the Michigan Highland area of Indianapolis.


8056 Pebble Creek Ct

Carlton Apartments

Turtle Creek - Indianapolis

Estates at Crystal Bay

Landmark

Meridian Lakes

The Grove on 79th

1857 W 60th St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1859 W 60th St

1859 W 60th St

1857 W 60th St

Woodlake

The Grove on Harcourt

Lakeshore Reserve Off 86th Apartments and Townhomes

The Manning Apartment Homes

The Towers at Crooked Creek Senior Housing

6065 Michigan Rd
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.

Oak Lake at Crooked Creek

The Eclipse Apartment Homes

Edison at Meridian Hills

Summerwood on Towne Line Apartments

6117 Bettcher Ave

Hampshire Court

Reflections Apartments

Dogwood Glen

Guion Creek Apartments
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.

The Meridian North

College Park Apartments

The Villages of Bent Tree Apartments

Foxhill Manor Cooperative

Park Place Apartments

The Jameson

Forest Ridge Apartment Homes

Crooked Creek

945 Fox Hill Dr
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.

2011 W Kessler Blvd N Dr

Private Reserve Townhomes
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 | $903 | $694 | $1,229 |
| Michigan Highland 1 Bedroom Apartments | $1,006 | $744 | $1,479 |
| Michigan Highland 2 Bedroom Apartments | $1,191 | $824 | $2,949 |
| Michigan Highland 3 Bedroom Apartments | $1,536 | $1,149 | $3,125 |
Browse Apartments in this Neighborhood
There are currently 38 rentals with your search options within a 2 mile radius of the Michigan Highland Neighborhood of Indianapolis, IN.
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Michigan Highland, Indianapolis, IN Local Guide
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Cheapest Available Michigan Highland Apartments for Rent
 The cheapest available apartment rental in the Michigan Highland area of Indianapolis, IN is a Studio unit found at Reflections Apartments priced from $649. The Meridian North and South has the second lowest priced unit, which is a Studio apartment currently listed from $709. Here are the most affordable Michigan Highland apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Reflections Apartments | Expressions | Studio,1BA | $649 |
| The Meridian North and South | S1P South | Studio,1BA | $709 |
| Turtle Creek - Indianapolis | S1 Shell | Studio,1BA | $859 |
| Estates at Crystal Bay | One Bedroom One Bath | 1BR,1BA | $865 |
| Landmark | Ranier | Studio,1BA | $870 |
| Meridian Lakes | 1Bed/1Ba-Up (B) | 1BR,1BA | $884 |
| The Villages of Bent Tree Apartments | The Bay - 1 Bedroom 1 Bath | 1BR,1BA | $999 |
| The Grove on Harcourt | 1x1.5 Large Classic | 1BR,1BA | $1,019 |
| The Manning Apartment Homes | Studio | Studio,1BA | $1,029 |
| The Towers at Crooked Creek Senior Housing | 1BD | 1BR,1BA | $1,045 |
Best Value Apartments for Rent in Michigan Highland, IN
As of June 17, 2026 the best value apartment in the Michigan Highland area is the $1.34 price per square foot Three Bedroom 2.5 Bath Townhome Model at Lakeshore Reserve Off 86th Apartments and Townhomes in the in the Spring Arbor neighborhood starting from $1,800. The second greatest value Michigan Highland apartment is the The Newburgh Model at Private Reserve Townhomes starting at $1,379 with a $1.07 price per square foot in the Spring Arbor 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. |
|---|---|---|---|
| Lakeshore Reserve Off 86th Apartments and Townhomes | Three Bedroom 2.5 Bath Townhome | 3BR,2.5BA | $1.34 |
| Private Reserve Townhomes | The Newburgh | 2BR,1.5BA | $1.07 |
| Edison at Meridian Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.29 |
| Woodlake | Two Bedroom Townhome | 2BR,1.5BA | $1.31 |
| Crooked Creek | The Emerald & The Jade | 2BR,1.5BA | $1.42 |
| The Grove on Harcourt | 1x1.5 Large Renovated | 1BR,1.5BA | $1.30 |
| The Eclipse Apartment Homes | The Vega w/Den - Upgraded | 1BR,1.5BA | $1.41 |
| Park Place Apartments | 1 Bedroom Remodeled | 1BR,1BA | $1.47 |
| Estates at Crystal Bay | One Bedroom One Bath | 1BR,1BA | $1.33 |
| The Grove on 79th | 1x1 Classic | 1BR,1BA | $1.48 |
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.
Read ArticleYour 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
Read ArticleReal 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.
Read ArticleQuick 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 #187
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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!
Frequently Asked Questions about Cheap Michigan Highland Apartments
What is the Cheapest Studio apartment in Michigan Highland?
Currently the most affordable Cheap Studio Apartment in Michigan Highland is at Reflections Apartments listed at $649.
How much is rent for a Cheap One Bedroom Michigan Highland Apartment?
The lowest price for a Cheap One Bedroom Michigan Highland Apartment is $864 at The Meridian North and South.
What is the lowest price for a Cheap Two Bedroom Michigan Highland Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Michigan Highland is starting from $894 at The Meridian North and South.
What is the most affordable Michigan Highland Three Bedroom Apartment?
The best deal on a cheap Michigan Highland Three Bedroom Apartment rental is at Estates at Crystal Bay 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

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.

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.

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.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.