Ardmore Apartments
231 N Pennslvania St,
Indianapolis, IN 46204
$1,442 - $2,990
Studio - 2 Beds
North Meridian
Indianapolis, IN
North Meridian - Indianapolis, IN Area Guide
Discover one of Indy's prettiest streets
Historic
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Attractions
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University
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Community
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Park
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Around 1900, Indianapolis' elite moved to palatial mansions along North Meridian Street. Now considered one of the country's "great streets," the North Meridian Street Historic District includes some elaborate homes like the William N. Thompson House. This former governor's mansion was built around 1920. The Meridian Street Foundation, a neighborhood volunteer group, works to support residents with the preservation process and beautification efforts throughout the neighborhood.
North Meridian begins in Downtown and follows Meridian Street north to I-65. It includes several Indy landmarks, including the Indiana World War Memorial, the Masonic Library Museum, and the American Legion Mall. North Meridian is also convenient to Indiana University-Purdue University, which is located on the west side of the neighborhood.
Rent Trends
As of March 2026, the average apartment rent in North Meridian is $1,213 for a studio, $1,348 for one bedroom, $1,647 for two bedrooms, and $1,765 for three bedrooms. Apartment rent in North Meridian has increased by 6.5% in the past year.
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Studio
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588 sq ft
Average Sq Ft
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$1,213/month
Average Rent
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1 BR
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729 sq ft
Average Sq Ft
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$1,348/month
Average Rent
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2 BR
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1,044 sq ft
Average Sq Ft
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$1,647/month
Average Rent
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3 BR
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1,173 sq ft
Average Sq Ft
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$1,765/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly North Meridian - Indianapolis, IN is for everyday living.
Walker's Paradise
90
/ 100
Lace up your walking shoes because this area is considered a walker’s paradise.
Good Transit
61
/ 100
The area around this property has good transit with many nearby transportation options.
Biker's Paradise
99
/ 100
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
Scores provided by Walk Score
Points of Interest
Shopping Centers
Parks and Recreation
- University Park
- Indiana State Museum
- White River State Park
- White River Gardens
- Indianapolis Zoo
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 February 2026.