Cheap Apartments for Rent in the Michigan Highland Neighborhood of Indianapolis, IN from $500 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Michigan Highland area of Indianapolis.

Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Hampshire Court
1 to 2 Bedroom Apartments

Hampshire Court

2455 Rolls DrIndianapolis, IN 46268
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Dogwood Glen
Studio to 2 Bedroom Apartments

Dogwood Glen

2390 Woodglen DrIndianapolis, IN 46260
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The Meridian North
1 to 3 Bedroom Apartments

The Meridian North

2100 Westlane RdIndianapolis, IN 46260
Corporate Housing
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Reflections Apartments
Studio to 3 Bedroom Apartments

Reflections Apartments

7999 Silverleaf DrIndianapolis, IN 46260
Corporate Housing

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

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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The Jameson
1 to 2 Bedroom Apartments

The Jameson

1854 Century WayIndianapolis, IN 46260
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Crooked Creek
1 to 2 Bedroom Apartments

Crooked Creek

3947 Point Bar RdIndianapolis, IN 46268

Michigan Highland - 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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Showing Results 1-38, Page 1 of 1

Michigan Highland, Indianapolis, IN Local Guide

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 Turtle Creek - Indianapolis priced from $749. Carlton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $810. Here are the most affordable Michigan Highland apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Turtle Creek - IndianapolisS1 ShellStudio,1BA$749
Carlton ApartmentsVilla1BR,1BA$810
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$865
The Meridian North and SouthB4S South2BR,1BA$869
LandmarkS1 RanierStudio,1BA$870
The Manning Apartment HomesStudioStudio,1BA$969
WoodlakeOne Bedroom Apartment1BR,1BA$975
Edison at Meridian Hills1 Bedroom 1 Bath1BR,1BA$999
The JamesonNewell1BR,1BA$1,009
The Towers at Crooked Creek Senior Housing1BD1BR,1BA$1,045

Best Value Apartments for Rent in Michigan Highland, IN

As of August 04, 2026 the best value apartment in the Michigan Highland area is the $1.27 price per square foot 7176B1 Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,799. The second greatest value Michigan Highland apartment is the Orchid Model at Everly at Meridian Hills starting at $1,859 with a $1.12 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Pinnacle on Meridian7176B12BR,2BA$1.27
Everly at Meridian HillsOrchid3BR,2BA$1.12
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
Meridian Lakes2Bed/2Ba-Up (H)2BR,2BA$1.25
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.29
Reflections ApartmentsMirage2BR,1.5BA$1.29
The Grove on Harcourt1x1.5 Large Renovated1BR,1.5BA$1.33
Park Place Apartments1 Bedroom Remodeled1BR,1BA$1.47
WoodlakeOne Bedroom Apartment1BR,1BA$1.39
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$1.33

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
Michigan Highland, Indianapolis, IN

Ranked #147

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 Turtle Creek - Indianapolis listed at $749.

How much is rent for a Cheap One Bedroom Michigan Highland Apartment?

The lowest price for a Cheap One Bedroom Michigan Highland Apartment is $810 at Carlton Apartments.

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 $869 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 The Meridian North and South and starts from $1,154.

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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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.

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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.

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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.

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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.