Rise on Meridian
915 S Meridian St,
Indianapolis, IN 46225
$1,256 - $2,484 | Studio - 2 Beds
Near Southside
Indianapolis, IN
Near Southside - Indianapolis, IN
Area Guide
The Near Southside district of Indianapolis includes the Bates-Hendricks neighborhood and the southern portion of the Old Southside neighborhood. A variety of residences ranging from grand Victorian homes to small cottages sit along the tree-lined streets. Apartments and houses occupy the eastern part of the district, while businesses can be found in the west along the White River.
The Bates-Hendricks estate exemplifies the area's rich history. This 1820s Federal-style home stands as an elegant reminder of the city's past, and the lush gardens provide relaxing community greenspace. Beautification projects add to the neighborhood's aesthetic appeal, and a growing network of bike lanes allows locals to choose a green transportation option.
Near Southside doesn't claim to be a mecca for shoppers or gastronomes, but locals brag about their quick and easy access to nearby goods and services. The urban delights of downtown Indianapolis lie just two miles away to the north, and Near Southside residents can walk to the Colts Pro Shop in less than half an hour.
Rent Trends
As of August 2025, the average apartment rent in Near Southside is $498 for a studio, $1,011 for one bedroom, and $1,433 for two bedrooms. Apartment rent in Near Southside has decreased by -14.4% in the past year.
-
Studio
-
525 sq ft
Average Sq Ft
-
$498/month
Average Rent
-
1 BR
-
647 sq ft
Average Sq Ft
-
$1,011/month
Average Rent
-
2 BR
-
932 sq ft
Average Sq Ft
-
$1,433/month
Average Rent
Transportation
40
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
31
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
50
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Points of Interest
Shopping Centers
Parks and Recreation
- Indiana State Museum
- White River Gardens
- Indianapolis Zoo
- Garfield Park
- Garfield Park Conservatory and Sunken Gardens
Commuter Rail
Airports
- Indianapolis International
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.