Cheap Homes for Rent in North Meridian Neighborhood of Indianapolis, IN from $800 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Done

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

property at 230 E 9th St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

230 E 9th St

IndianapolisIN46204

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

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.

property at 230 E 9th St

$1,250 - $2,000

1 Bedroom Rentals

Available Now

230 E 9th St

IndianapolisIN46204

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.

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. Priscilla on Pennsylvania has the second lowest priced unit, which is a Studio apartment currently listed from $799. 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
Priscilla on PennsylvaniaStudio- 1st Floor CornerStudio,1BA$799
Artistry IndyEdie (EcoSuite)Studio,1BA$864

Best Value Apartments for Rent in North Meridian, IN

As of March 11, 2026 the best value apartment in the North Meridian area is the $1.49 price per square foot 3 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $2,629. The second greatest value North Meridian apartment is the 829 N Pennsylvania St Model at 829 N Pennsylvania St, Unit 2B starting at $2,100 with a $1.75 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 Block3 Bedroom 2 Bath3BR,2BA$1.49
829 N Pennsylvania St, Unit 2B829 N Pennsylvania St2BR,2.5BA$1.75
Mansion Row - Where Historic Charm Meets Modern Convenience!Spacious Two-Bedroom, Two-Bath Apartment Home!2BR,2BA$1.24
The E'LaanThe Vonnegut1BR,1BA$1.53
The Riverside Apartment Homes2x1 Renovated2BR,1BA$1.42
The Assumption on Blaine1 Bed 1 Bath1BR,1BA$1.11
522 Fletcher Ave1BR/1.5BA1BR,1.5BA$1.40
Vivio on TenthPer Bedroom - 2x2 B1 725sf2BR,2BA$1.28
Volrath0BR/1.0BAStudio ,1BA$1.29
River West FlatsOne Bedroom One Bath - The Driftwood1BR,1BA$1.68

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

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

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
North Meridian, Indianapolis, IN

Ranked #19

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about North Meridian

What type of rentals are currently available in North Meridian?

There are currently 65 Apartments for Rent in North Meridian, IN with pricing that ranges from $600 to $7,933. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Meridian ranging from $880 to $2,500.

What is the current price range for Rental Homes in North Meridian?

Today's rental pricing for Homes for Rent, Condos and Townhomes in North Meridian ranges from $880 to $2,500 with an average monthly rent of $1,543.

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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters article

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.

decorative image for Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods article

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.

Articles, How-To's, and Tips

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.