Cheap Homes for Rent in Michigan Highland Neighborhood of Indianapolis, IN from $400 (7 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.

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.

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 The Meridian North and South priced from $784. 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
The Meridian North and SouthA3S South1BR,1BA$784
Carlton ApartmentsVilla1BR,1BA$800
Turtle CreekStudio 3rdStudio,1BA$817

Best Value Apartments for Rent in Michigan Highland, IN

As of July 30, 2025 the best value apartment in the Michigan Highland area is the $0.93 price per square foot 7176B1 Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,049. The second greatest value Michigan Highland apartment is the Lilac Model at Everly at Meridian Hills starting at $1,499 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$0.93
Everly at Meridian HillsLilac2BR,2BA$1.07
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
Estates at Crystal BayThree Bedroom 1.5 Bath Townhouse 1150 sq ft3BR,1.5BA$0.88
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.33
WoodlakeTwo Bedroom Townhome2BR,1.5BA$1.48
The Villages of Bent Tree ApartmentsThe Sycamore - 2 Bedroom 2 Bat2BR,2BA$1.51
Grove on Harcourt1 Bed 1.5 Bath Large Apartment - Upgrade1BR,1.5BA$1.29
Crooked CreekThe Bordeaux1BR,1BA$1.48
The Meridian North and SouthA5R South1BR,1BA$1.51

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Frequently Asked Questions about Michigan Highland

What type of rentals are currently available in Michigan Highland?

There are currently 35 Apartments for Rent in Michigan Highland, IN with pricing that ranges from $774 to $6,488. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Michigan Highland ranging from $400 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 $400 to $4,500 with an average monthly rent of $2,161.

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.