2 Hours Ago
Location
187 Love Avenue, APT A, Greenwood, Indiana 46142, United States
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Property Overview
Meridian Oaks presents an overall Zumper expert rating of 8.3 out of 10, highlighting its attractiveness to renters. The property scores exceptionally well in price (10/10) and location (9/10), reflecting a competitive pricing strategy and exceptional accessibility to key amenities and points of interest. With impressive amenities rated at 8/10 and a trustworthiness rating of 7/10, residents can expect a high standard of living coupled with transparent property management.
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
Elementary school nearby
Floor plans
| 1Bedroom | 1 bed | 1 bath | 706 sqft | $1,110 /mo | 1 unit available | 1Bedroom | |
| One Bedroom Fireplace | 1 bed | 1 bath | 706 sqft | $1,125 /mo | 1 unit available | ||
| 2 Bedroom | 2 bed | 2 bath | 1,032 sqft | $1,235 /mo | 2 Bedroom | ||
| Two Bedroom Fireplace | 2 bed | 2 bath | 1,032 sqft | $1,250–$1,445 /mo | |||
| 3 Bedroom | 3 bed | 2 bath | 1,250 sqft | $1,445 /mo | 3 Bed, 2.00 Bath | ||
| Three Bedroom Fireplace | 3 bed | 2 bath | 1,250 sqft | $1,460–$1,655 /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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Building details
Property details
| Units | 132 |
|---|
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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.
8.0
/10
Very GoodWith a solid 8 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·9A 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 stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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
- Elementary school nearby
- There is an elementary school 1 mile away
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 9% lower than 1-bedrooms in Greenwood.
If you decide to upgrade your space, you can expect 2-bedrooms at Meridian Oaks to be 10% less than the average for similarly sized apartments in Greenwood.
3-bedroom apartments at Meridian Oaks cost about 12% less than the average rent price for 3-bedroom apartments in Greenwood.
Median rents as of May 11 2024.
Greenwood
| Month | Median Rent |
|---|---|
| December 2023 | $1,274 |
| January 2024 | $1,271 |
| February 2024 | $1,259 |
| March 2024 | $1,269 |
| April 2024 | $1,264 |
| May 2024 | $1,287 |
Affordability calculator
Can I afford to live at 187 Love Avenue?
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
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Internet available near Meridian Oaks
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around APT A near 187 Love Avenue
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.
Points of interest for 187 Love Avenue, APT A
Groceries
8/10
The nearest general grocery store is within a 10-minute walk, and there are also a few specialist food stores nearby.
Shopping
5/10
Some fashion stores are within walking distance.
Cafes
5/10
The closest café is within a 10-minute walk, and there are a few other cafés within walking distance.
Restaurants
5/10
Some restaurants are within walking distance.
Primary schools
5/10
The closest elementary school is within a 15-to-20-minute walk.
Parks
4/10
Very few or no parks in the area.
Nightlife
4/10
The closest bar is within a 10-minute walk, and there are a few other bars within walking distance.
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