4 Days Ago
Location
187 Love Ave Apt A, Greenwood, IN 46142, USA
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Property Overview
Meridian Oaks holds a strong overall rating of 8.3, supported by a 10 for price, indicating excellent value for its amenities and location. The property features a remarkable amenities rating of 8 and a location rating of 9, ensuring convenient access to key points of interest. Additionally, it demonstrates transparency with a trustworthiness rating of 7, complemented by its competitive position in the 80th percentile for value per square foot and proximity to a top-rated elementary school.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Elementary school nearby
Floor plans
| 1Bedroom | 1 bed | 1 bath | 706 sqft | $1,110 /mo | 1Bedroom | ||
| One Bedroom Fireplace | 1 bed | 1 bath | 706 sqft | $1,125–$1,310 /mo | |||
| 2 Bedroom | 2 bed | 2 bath | 1,032 sqft | $1,245 /mo | 2 Bedroom | ||
| Two Bedroom Fireplace | 2 bed | 2 bath | 1,032 sqft | $1,260–$1,455 /mo | |||
| 3 Bedroom | 3 bed | 2 bath | 1,250 sqft | $1,455 /mo | 3 Bed, 2.00 Bath | ||
| Three Bedroom Fireplace | 3 bed | 2 bath | 1,250 sqft | $1,470–$1,665 /mo |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About Meridian Oaks
- 1Bedroom- 2 Bedroom- 3 Bed, 2.00 Bath
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, Meridian Oaks is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Meridian Oaks has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Meridian Oaks offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Meridian Oaks is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Meridian Oaks is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Meridian Oaks does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Meridian Oaks provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
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 Meridian Oaks compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 81 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 1 mile away
- More space
- The 2-bedroom is 72 sqft larger than other listings nearby
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
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Rent trends in Greenwood
1-bedroom apartments here are priced 6% lower than 1-bedrooms in Greenwood.
If you decide to upgrade your space, you can expect 2-bedrooms at Meridian Oaks to be 7% less than the average for similarly sized apartments in Greenwood.
3-bedroom apartments at Meridian Oaks cost about 14% less than the average rent price for 3-bedroom apartments in Greenwood.
Median rents as of May 11 2024.
Greenwood
| Month | Median Rent |
|---|---|
| March 2024 | $1,269 |
| April 2024 | $1,264 |
| May 2024 | $1,287 |
Affordability calculator
Can I afford to live at 187 Love Ave Apt A?
Bedrooms
Rent-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
$44,700/yr
With your selected rent-to-income ratio, you'd ideally want to make $44,700 annually to afford this 1-bedroom median monthly rent price of $1,117.
For more information on rent affordability, visit our rent calculator.
Schools near Meridian Oaks
North Grove Elementary School
3280 w fairview rd
greenwood, IN, 46142
K-5Public
A
Family Development Services - Southeast Head Start
4024 south madison ave
indianapolis, IN, 46227
PKPublic
Ray Crowe Elementary
1300 ray crowe way
greenwood, IN, 46143
K-5Public
B
Rise Learning Center
5391 s shelby st
indianapolis, IN, 46227
PK, K-12Public
Walnut Grove Elementary School
4079 north morgantown rd
bargersville, IN, 46106
K-5Public
A
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Internet available near Meridian Oaks
Getting around Greenwood near 187 Love Ave Apt A
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
4/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 187 Love Ave Apt A, Greenwood
Groceries
8/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
4/10
No elementary schools within a 30-minute walk
High schools
0/10
No high schools within a 30-minute walk
Parks
4/10
Limited amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
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