
Cheap Homes for Rent in North Meridian Neighborhood of Indianapolis, IN from $800 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the North Meridian area of Indianapolis.
North Meridian, Indianapolis, IN Local Guide

How much does it cost to rent a home in North Meridian?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
North Meridian 2 Bedroom Homes for Rent | $2,600 | $2,500 | $2,700 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the North Meridian Neighborhood of Indianapolis, IN.
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North Meridian, Indianapolis, IN Local Guide
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Best Value Apartments for Rent in North Meridian, IN
As of September 17, 2025 the best value apartment in the North Meridian area is the $1.35 price per square foot 2 Bed 2 Bath Model at The Assumption on Blaine in the in the Concord neighborhood starting from $1,775. The second greatest value North Meridian apartment is the 2 Bedroom 1 Bath Model at The Block starting at $1,849 with a $1.55 price per square foot in the Riley neighborhood. Here is today’s list of the best values for North Meridian apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Assumption on Blaine | 2 Bed 2 Bath | 2BR,2BA | $1.35 |
The Block | 2 Bedroom 1 Bath | 2BR,1BA | $1.55 |
Nine+Eighteen | The Arch | 2BR,2BA | $1.85 |
The Congress at Library Square | Vonnegut | 2BR,2BA | $1.51 |
Penn Street Tower Apartments | Senate 2 Bedroom 1 Bath Apartment at 115 Penn A... | 2BR,1BA | $1.37 |
Townhomes at Fall Creek Place | F | 2BR,1BA | $1.61 |
Canal Overlook Apartments | Canal Flat + | 2BR,1BA | $1.77 |
Madison Lofts | The Villa 2x1 | 2BR,1BA | $1.44 |
Iron Trail | 1x1.5TH | 1BR,1.5BA | $1.87 |
Lockerbie Flats | Studio | Studio ,1BA | $1.62 |
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.
Pet Friendly LifestyleNorth Meridian, Indianapolis, IN
Ranked #16
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about North Meridian
What type of rentals are currently available in North Meridian?
There are currently 63 Apartments for Rent in North Meridian, IN with pricing that ranges from $550 to $5,900. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Meridian ranging from $880 to $2,700.
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 $2,700 with an average monthly rent of $1,895.
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.

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.

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.

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.

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.