Cheap Homes for Rent in Michigan Highland Neighborhood of Indianapolis, IN from $1,200 (9 Rentals)

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

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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 1 Bed unit found at Carlton Apartments priced from $785. Grove on Harcourt has the second lowest priced unit, which is a 3 Beds apartment currently listed from $798. Here are the most affordable Michigan Highland apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Carlton ApartmentsVilla1BR,1BA$785
Grove on Harcourt3 Bed 2 Bath Apartment - Upgraded3BR,2BA$798
Turtle CreekStudioStudio,1BA$817

Best Value Apartments for Rent in Michigan Highland, IN

As of June 24, 2025 the best value apartment in the Michigan Highland area is the $1.32 price per square foot Two Bedroom with Bonus Room (7176B2) Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,899. 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 MeridianTwo Bedroom with Bonus Room (7176B2)2BR,2BA$1.32
Everly at Meridian HillsOrchid3BR,2BA$1.07
Edison at Meridian Hills2 Bedroom 2 Bath2BR,2BA$1.13
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
Grove on 79th2 Bed 2.5 Bath Apartment - Upgraded2BR,2.5BA$1.07
Estates at Crystal BayTwo Bedroom 1.5 Bath Townhouse 1000 sq ft2BR,1.5BA$1.23
The JamesonTuscany2BR,2BA$1.30
Park Place Apartments2 Bedroom Remodeled2BR,1BA$1.37
Meridian Lakes2Bed/1Ba-Dn (F)2BR,1BA$1.40
Grove on Harcourt1 Bed 1.5 Bath Large Apartment1BR,1.5BA$1.22

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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 $405 to $6,533. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Michigan Highland ranging from $1,297 to $4,500.

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 $1,297 to $4,500 with an average monthly rent of $2,572.

How much are larger Three and Four Bedroom Rentals in Michigan Highland?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Michigan Highland range from $798 to $6,533, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,835 to $2,400. Four Bedroom Single-Family rentals are also available starting from $2,199 and Four Bedroom Apartments start at $1,690.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.