Cheap Apartments for Rent in the North Meridian Neighborhood of Indianapolis, IN from $600 (49 Rentals)

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

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

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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

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Capitol Manor
1 Bedroom Apartments

Capitol Manor

842 N Capitol AveIndianapolis, IN 46204
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Blacherne Apartments
Studio to 3 Bedroom Apartments

Blacherne Apartments

402 N Meridian StIndianapolis, IN 46204
  • Utilities Included
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Turnverein Apartments
Studio to 2 Bedroom Apartments

Turnverein Apartments

902 N Meridian StIndianapolis, IN 46204
  • Utilities Included
property at 230 E 9th St

230 E 9th St

IndianapolisIN46204
Showing Results 1-49, Page 1 of 1

North Meridian, Indianapolis, IN Local Guide

Cheapest Available North Meridian Apartments for Rent

 

The cheapest available apartment rental in the North Meridian area of Indianapolis, IN is a 1 Bed unit found at Volrath priced from $649. Senate Manor has the second lowest priced unit, which is a Studio apartment currently listed from $930. Here are the most affordable North Meridian apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Volrath**Free Month of Rent ** 128 E Palmer St - Studio1BR,1BA$649
Senate ManorS.1 CStudio,1BA$930
The Riverside Apartment Homes2 Bedroom 1 Bath Apartment - Classic2BR,1BA$999
Madison LoftsThe Flat 1x11BR,1BA$999
Maryden on CentralThe Escape at MarydenStudio,1BA$1,005
522 Fletcher Ave1BR/1.5BA1BR,1BA$1,025
The Assumption on Blaine1 Bed 1 Bath1BR,1BA$1,030
Gathyr ApartmentsBellStudio,1BA$1,049
800 CapitolImprint 60%1BR,1BA$1,092
Lockerbie FlatsStudioStudio,1BA$1,095

Best Value Apartments for Rent in North Meridian, IN

As of November 23, 2025 the best value apartment in the North Meridian area is the $1.06 price per square foot 2 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $1,899. The second greatest value North Meridian apartment is the B3 Model at 946 MLK starting at $2,020 with a $1.27 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for North Meridian apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Block2 Bedroom 2 Bath2BR,2BA$1.06
946 MLKB33BR,2BA$1.27
The Assumption on Blaine2 Bed 2 Bath2BR,2BA$1.35
The E'LaanThe Riley2BR,2BA$1.48
Townhomes at Fall Creek PlaceF2BR,1BA$1.61
The Riverside Apartment Homes2x1 - Renovated2BR,1BA$1.49
522 Fletcher Ave1BR/1.5BA1BR,1.5BA$1.40
Lockerbie FlatsStudioStudio ,1BA$1.62
Vivio on TenthPer Bedroom - 2x2 B5 728sf2BR,2BA$1.35
Volrath0BR/1.0BAStudio ,1BA$1.29

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick 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.

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Pet Friendly Lifestyle
North Meridian, Indianapolis, IN

Ranked #25

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the North Meridian Neighborhood in Indianapolis, IN

Walk Score®

90 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

99 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

61 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap North Meridian Apartments

What is the Cheapest Studio apartment in North Meridian?

Currently the most affordable Cheap Studio Apartment in North Meridian is at Volrath listed at $774.

How much is rent for a Cheap One Bedroom North Meridian Apartment?

The lowest price for a Cheap One Bedroom North Meridian Apartment is $649 at Volrath.

What is the lowest price for a Cheap Two Bedroom North Meridian Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in North Meridian is starting from $999 at The Riverside Apartment Homes.

What is the most affordable North Meridian Three Bedroom Apartment?

The best deal on a cheap North Meridian Three Bedroom Apartment rental is at 946 MLK and starts from $2,020.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.