Cheap Homes for Rent in Michigan Highland Neighborhood of Indianapolis, IN from $400 (8 Rentals)

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

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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.

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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 Dogwood Glen priced from $605. Carlton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Michigan Highland apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Dogwood GlenStudio 1 BathStudio,1BA$605
Carlton ApartmentsVilla1BR,1BA$800
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$800

Best Value Apartments for Rent in Michigan Highland, IN

As of September 13, 2025 the best value apartment in the Michigan Highland area is the $0.95 price per square foot 7176B1 Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,099. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Pinnacle on Meridian7176B12BR,2BA$0.95
Everly at Meridian HillsOrchid3BR,2BA$1.07
Lakeshore Reserve Off 86th Apartments and TownhomesThree Bedroom 2.5 Bath Townhome3BR,2.5BA$1.31
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
The Grove on Harcourt2 Bed 2 Bath Apartment - Premier2BR,2BA$1.16
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.28
WoodlakeTwo Bedroom Townhome2BR,1.5BA$1.44
Park Place Apartments2 Bedroom Remodeled2BR,1BA$1.26
Summerwood on Towne Line ApartmentsPoplar1BR,1BA$1.52
Estates at Crystal BayOne Bedroom One Bath1BR,1BA$1.23

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Michigan Highland, Indianapolis, IN

Ranked #142

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Michigan Highland

What type of rentals are currently available in Michigan Highland?

There are currently 36 Apartments for Rent in Michigan Highland, IN with pricing that ranges from $605 to $2,329. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Michigan Highland ranging from $400 to $2,700.

What is the current price range for Rental Homes in Michigan Highland?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Michigan Highland ranges from $400 to $2,700 with an average monthly rent of $1,511.

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.

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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.

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.