5+ Days Ago
Highlights
Pet Friendly
- Original hardwood floors
- Private deck
- Central air
Location
642 S Meridian St #B, Indianapolis, IN 46225, USA|Downtown Indianapolis
Tour 642 S Meridian St #B
Contact
Nearby rentals
Renter hub
Property management
Apartments for rent IndianapolisApartments for rent NoblesvilleApartments for rent GreenwoodApartments for rent FishersApartments for rent Chapel Hill - Ben DavisApartments for rent Five PointsApartments for rent FranklinApartments for rent WestfieldApartments for rent GreenfieldApartments for rent Valley MillsApartments for rent CambyApartments for rent AvonApartments for rent PlainfieldApartments for rent BrownsburgApartments for rent Near WestsideApartments Near Me
Houses for rent IndianapolisHouses for rent Near EastsideHouses for rent Martindale - BrightwoodHouses for rent Near SoutheastHouses for rent EastsideHouses for rent Southeast WarrenHouses for rent Downtown IndianapolisHouses for rent FishersHouses for rent WestfieldHouses for rent Near SouthsideHouses for rent Near Northwest - RiversideHouses for rent DevingtonHouses for rent CarmelHouses for rent PlainfieldHouses for rent GreenfieldHouses for rent near me
Property Overview
Offering original hardwood floors and a private deck, this residence combines charm with modern comfort enhanced by central air. It presents a great opportunity for individuals seeking an urban lifestyle with easy access to local amenities and attractions. Ideal for those who appreciate unique character paired with contemporary conveniences.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Dishwasher
- Images available
Great for
Pet owners
Social life
Amenities for 642 S Meridian St #B, Downtown Indianapolis
Apartment Amenities
| Air Conditioning | Central Air Conditioning |
| Deck | Hardwood Floor |
| Washer/Dryer Hookups |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Refrigerator |
| Stove/Oven |
Building
| Cats OK | Dogs OK |
Grounds
| Outdoor Space |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Dog policy
| Allowed |
|---|
Cat policy
| Allowed |
|---|
Cats and small dogs allowed. Contact for more information on pet policy.
Advertisement
About 642 S Meridian St #B
Sweet deal!
This listing is 33% below the median price for 1 bedroom apartments in Downtown Indianapolis.
This charming 1 bed, 1 bath triplex is located in the heart of the historic Old Southside neighborhood, just two blocks from Lucas Oil Stadium and Shapiros Delicatessen. It's also within walking distance to Eli Lilly, the YMCA at CityWay, Gainbridge Fieldhouse, and all the dining, entertainment, and attractions that downtown Indianapolis has to offer. The home features beautiful original hardwood floors, plenty of cabinet space, and comes fully equipped with a stove/oven, refrigerator, dishwasher, microwave, washer and dryer. You'll also enjoy the comfort of central air throughout the home. Step outside onto your private deck for the perfect spot to sip your morning coffee or unwind with a good book. With it's unbeatable location, historic charm, and relaxing outdoor space, this is a rare opportunity to live in one of Indys most walkable and vibrant areas. Pets are welcome. This home does not accept Section 8. All properties prohibit smoking/vaping. LEASE TERMS: 12 months. UTILITIES: Electric Stove Hook-up, Electric Dryer Hook-up, Gas Furnace, Gas Water Heater. TENANT PAYS: $150.00 for gas, electric, water/sewer. CENTRAL AIR: Yes. Pet Deposit/Pet Policy: A maximum of 2 pets per property will be allowed with a non-refundable pet fee of $300. There will be a $30 per pet per month charge for pet rent. The following breeds are restricted: Pit Bull and Rottweiler. By applying for eligible properties, Resident understands and agrees to auto-enrollment in the Asset Protect Renters Insurance Policy for $16.00/month without demand, payable with rent as outlined. This includes the mandatory $100,000 liability policy as well as $10,000 in personal property protection for the resident, OR Tenant must provide a copy of their Renters Insurance policy with CityPlace PM as Additional Interest PRIOR to moving in.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 642 S Meridian St, Indianapolis, IN 46225, USA compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 230 sqft larger than other listings nearby
- Dishwasher
- Kitchens at this address include dishwashers
- Images available
- There are at least 10 photos of this address
- Outdoor space
- One or more rentals here have easy access to the outdoors
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Neighborhood | Downtown Indianapolis |
|---|---|
| Zip code | 46225 |
| Type | Apartment for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Downtown Indianapolis
1-bedroom apartments at 642 S Meridian St #B cost about 33% less than the average rent price for 1-bedroom apartments in Indianapolis.
Median rents as of Sep 6 2025.
Downtown Indianapolis
Indianapolis
| Month | Median Rent |
|---|---|
| September 2023 | $1,144 |
| October 2023 | $1,133 |
| November 2023 | $1,071 |
| December 2023 | $1,072 |
| January 2024 | $1,060 |
| February 2024 | $986 |
| March 2024 | $1,104 |
| April 2024 | $1,129 |
| May 2024 | $1,132 |
| June 2024 | $1,076 |
| July 2024 | $1,081 |
| August 2024 | $1,126 |
| September 2024 | $1,123 |
| October 2024 | $1,143 |
| November 2024 | $1,126 |
| December 2024 | $1,125 |
| January 2025 | $1,152 |
| February 2025 | $1,150 |
| March 2025 | $1,087 |
| April 2025 | $1,024 |
| May 2025 | $1,087 |
| June 2025 | $1,098 |
| July 2025 | $1,090 |
| August 2025 | $1,097 |
| September 2025 | $1,100 |
| Month | Median Rent |
|---|---|
| September 2023 | $1,605 |
| October 2023 | $1,556 |
| November 2023 | $1,503 |
| December 2023 | $1,573 |
| January 2024 | $1,595 |
| February 2024 | $1,451 |
| March 2024 | $1,466 |
| April 2024 | $1,539 |
| May 2024 | $1,519 |
| June 2024 | $1,519 |
| July 2024 | $1,484 |
| August 2024 | $1,492 |
| September 2024 | $1,469 |
| October 2024 | $1,429 |
| November 2024 | $1,423 |
| December 2024 | $1,470 |
| January 2025 | $1,481 |
| February 2025 | $1,500 |
| March 2025 | $1,550 |
| April 2025 | $1,615 |
| May 2025 | $1,659 |
| June 2025 | $1,651 |
| July 2025 | $1,656 |
| August 2025 | $1,637 |
| September 2025 | $1,599 |
Affordability calculator
Can I afford to live at 642 S Meridian St #B?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$43,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $43,000 annually to afford this 1-bedroom monthly rent price of $1,075.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 6 years ago | $999 | 1 bed | 1 bath | ||
| 6 years ago | $999 | 1 bed | 1 bath | ||
| 8 years ago | $1,650 | 2 bed | 2 bath |
Schools near 642 S Meridian St #B
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
Ips - Butler Lab at William Bell 60
3330 n pennsylvania
indianapolis, IN, 46205
PK, K-8Public
C+
Francis Bellamy Pre-School Center
9501 e 36th st
indianapolis, IN, 46236
PKPublic
Advertisement
Internet available near 642 S Meridian St #B
Neighborhood
Downtown Indianapolis | Indianapolis, IN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Indianapolis near 642 S Meridian St #B
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 642 S Meridian St #B, Indianapolis
Groceries
4/10
At least one supermarket within a 20-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
6/10
Several bars within a few minutes’ walk
Other units at this address
642 S Meridian St, Indianapolis, IN
642 S Meridian St Indianapolis, IN
Occupied
1 Bed, 1 Bath
1 Bed
1 Bath
$975
In-Unit Laundry • Hardwood Floor • Dishwasher
Compare similar properties nearby
The Domino
Our team has verified this companyMartindale - Brightwood • 3200 Dr Andrew J Brown Ave
Studio
$1,195–$1,370
- dogs and cats ok
- fitness center
- garage parking
Industry Indianapolis
Our team has verified this companyDowntown Indianapolis • 421 N Pennsylvania St
Studio–1 Bed
$1,229–$1,370
- dogs and cats ok
- fitness center
- garage parking
- dogs and cats ok
- fitness center
- garage parking
- dogs and cats ok
- fitness center
- garage parking
Bayview Club Apartments
Our team has verified this companyI69-Fall Creek • 7545 Bayview Club Dr
1–2 Beds
$1,259–$2,420
- dogs and cats ok
- fitness center
- garage parking
Overlook at Valley Ridge Apartments
Our team has verified this companyI65-South Emerson • 6810 Valley Ridge Dr
1–2 Beds
$1,092–$2,876
- dogs and cats ok
- fitness center
- garage parking
Maxwell Apartments
Our team has verified this companyDowntown Indianapolis • 530 E Ohio St
Studio–1 Bed
$1,050–$1,213
- dogs and cats ok
- fitness center
- garage parking
- dogs and cats ok
- fitness center
- garage parking
The Domino
Our team has verified this companyMartindale - Brightwood • 3200 Dr Andrew J Brown Ave
Studio
$1,195–$1,370
- dogs and cats ok
- fitness center
- garage parking
Industry Indianapolis
Our team has verified this companyDowntown Indianapolis • 421 N Pennsylvania St
Studio–1 Bed
$1,229–$1,370
- dogs and cats ok
- fitness center
- garage parking
- dogs and cats ok
- fitness center
- garage parking
- dogs and cats ok
- fitness center
- garage parking
Bayview Club Apartments
Our team has verified this companyI69-Fall Creek • 7545 Bayview Club Dr
1–2 Beds
$1,259–$2,420
- dogs and cats ok
- fitness center
- garage parking
Overlook at Valley Ridge Apartments
Our team has verified this companyI65-South Emerson • 6810 Valley Ridge Dr
1–2 Beds
$1,092–$2,876
- dogs and cats ok
- fitness center
- garage parking
Maxwell Apartments
Our team has verified this companyDowntown Indianapolis • 530 E Ohio St
Studio–1 Bed
$1,050–$1,213
- dogs and cats ok
- fitness center
- garage parking
- dogs and cats ok
- fitness center
- garage parking
Check availability
Advertisement