Cheap Homes for Rent in North Meridian Neighborhood of Indianapolis, IN from $800 (4 Rentals)

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

property at 230 E 9th St

230 E 9th St

IndianapolisIN46204

North Meridian, Indianapolis, IN Local Guide

Best Value Apartments for Rent in North Meridian, IN

As of November 15, 2025 the best value apartment in the North Meridian area is the $1.11 price per square foot 2 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $1,999. 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$1.11
946 MLKB33BR,2BA$1.27
The Assumption on Blaine2 Bed 2 Bath2BR,2BA$1.35
Townhomes at Fall Creek PlaceF2BR,1BA$1.61
The Riverside Apartment Homes2x1 Premium2BR,1BA$1.49
Lockerbie FlatsStudioStudio ,1BA$1.62
Madison LoftsThe Loft 1x1-L1BR,1BA$1.63
Vivio on TenthPer Bedroom - 2x2 B5 728sf2BR,2BA$1.35
Volrath0BR/1.0BAStudio ,1BA$1.29
The E'LaanThe HollowayStudio ,1BA$1.75

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Pet Friendly Lifestyle
North Meridian, Indianapolis, IN

Ranked #20

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about North Meridian

What type of rentals are currently available in North Meridian?

There are currently 64 Apartments for Rent in North Meridian, IN with pricing that ranges from $581 to $8,218. There are also 7 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 $1,668.

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.

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.

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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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.