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Meridian Court South 1 of 8

Meridian Court South

$910 – $1,399/mo

  • 1–2 bedrooms
  • 1–2 baths
  • 470–1,163 sq ft
  • 35 units available
7266 Lockwood Ln, Indianapolis, IN, 46217

As of October 13, 2026, Meridian Court South in Indianapolis, IN has 35 apartments for rent from $910 to $1,399/mo. One-bedrooms start at $910 and two-bedrooms at $1,140. The average asking rent has fallen 6.9% since June 24, 2026, from $1,244 to $1,158.

Floor plans

9 floor plans · 35 available units · Prices checked October 13, 2026

Villa

1 Bedroom • 1 Bath • 470 Sq Ft

Starting at $910/mo

2 available unitsPriceSq ftAvailableOpen unit
#130D$910470Sep 25
#131C$980470Nov 2

Cottage

1 Bedroom • 1 Bath • 485 Sq Ft

Starting at $950/mo

2 available unitsPriceSq ftAvailableOpen unit
#7322E$1,000485Oct 16
#7322B$950485Nov 13

Hideaway 1 & 2

1 Bedroom • 1 Bath • 510 Sq Ft

Starting at $1,020/mo

4 available unitsPriceSq ftAvailableOpen unit
#163D$1,020510Oct 23
#7232A$1,020510Nov 8
#7294H$1,020510Nov 22
#7286D$1,020510Dec 6

Getaway

1 Bedroom • 1 Bath • 525 Sq Ft

Starting at $1,040/mo

1 available unitPriceSq ftAvailableOpen unit
#7252C$1,040525Nov 29

Lodge

1 Bedroom • 1 Bath • 615 Sq Ft

Starting at $1,060/mo

3 available unitsPriceSq ftAvailableOpen unit
#031A$1,099615Sep 25
#061D$1,099615Oct 31
#280A$1,060615Nov 6

Resort

1 Bedroom • 1 Bath • 660 Sq Ft

Starting at $1,100/mo

11 available unitsPriceSq ftAvailableOpen unit
#7246C$1,120660Sep 4
#181A$1,120660Sep 25
#7322F$1,100660Oct 16
#121C$1,120660Oct 19
#250B$1,120660Oct 26
#7238A$1,100660Nov 7
#031D$1,190660Nov 22
#260D$1,190660Nov 22
#041C$1,190660Nov 29
#7322C$1,190660Nov 29
#161A$1,190660Dec 6

Chateau I & II

2 Bedrooms • 1 Bath • 824 – 870 Sq Ft

Starting at $1,140/mo

2 available unitsPriceSq ftAvailableOpen unit
#140D$1,140870Oct 9
#7230A$1,220824Oct 9

2 Bed, 2 Bath

2 Bedrooms • 2 Baths • 975 Sq Ft

Starting at $1,199/mo

4 available unitsPriceSq ftAvailableOpen unit
#281C$1,199975Aug 21
#150A$1,300975Sep 15
#7363A$1,250975Oct 16
#7352B$1,390975Oct 16

Estate I & II

2 Bedrooms • 2 Baths • 1,075 – 1,163 Sq Ft

Starting at $1,265/mo

6 available unitsPriceSq ftAvailableOpen unit
#7362C$1,3501,163Jul 24
#182C$1,3991,163Jul 31
#7279C$1,3991,163Sep 15
#7287C$1,3201,075Oct 14
#180A$1,2651,140Oct 16
#7343C$1,3991,163Oct 16

See all 72 units listed at Meridian Court South, including ones no longer available.


Rent history

Over the past year, the average asking rent at Meridian Court South has ranged from $1,141 to $1,265. The current average is $1,158, down $85 (6.9%) from $1,244 at the start.

Prices reflect the average advertised rent across units listed as available each day (110 days observed).
MonthAverage asking rentLowest – highestUnits listed
Oct 2026$1,158$910 – $1,39935
Sep 2026$1,159$820 – $1,44031
Aug 2026$1,189$980 – $1,44032
Jul 2026$1,210$980 – $1,44039
Jun 2026$1,249$999 – $1,44030

Fees & lease terms

  • Rent

    $910 – $1,399/mo
  • Earliest move-in

    Jul 24

Cost to rent here

The all-in monthly cost by apartment size, and how the rent compares across the Indianapolis area.

Lowest-priced apartment: Villa at $910

$1,134/mo

$224/mo above the advertised rent

  • Rent

    $910

  • Electric, gas, water

    est.

    $139

  • Internet

    est.

    $71

  • Renters insurance

    est.

    $14

  • All-in monthly

    $1,134

By apartment size

SizeRent fromAll-in monthlyIncome to qualify
1 bedroom$910$1,134$32,760/yr
2 bedrooms$1,140$1,429$41,040/yr

Landlords commonly look for a monthly income of three times the rent, about $32,760 a year for the $910 one-bedroom. The median renter household in Indianapolis earns $46,182 a year.

Compared with the Indianapolis area

The median one-bedroom at Meridian Court South asks $1,099 a month, about the same as the Indianapolis area's typical one-bedroom asking rent of $1,079. Typical asking rents across the area are down 0.4% from a year earlier.

SizeMedian asking rent hereIndianapolis-area asking rentIndianapolis rent paid
1 bedroom$1,099$1,079$1,019
2 bedrooms$1,310$1,262$1,189
Area asking rent: typical rent asked for a new lease across the Indianapolis-Carmel-Greenwood, IN metro, Apartment List Rent Estimates, August 2026.Rent paid: median rent including utilities across all renter households in Indianapolis, U.S. Census Bureau American Community Survey, 2020–2024.
Rows marked “est.” are averages for this area scaled to the apartment, not quotes from the property. The income figure is a common screening rule, not this property’s requirement.

Amenities

  • Air Conditioner

  • Availability 24 Hours

  • Cable Ready

  • Carpeting

  • Ceiling Fan

  • Clubhouse

  • Covered Parking

  • Dishwasher

  • Efficient Appliances

  • Electronic Thermostat

  • Extra Storage

  • First Floor Unit

  • Fitness Center

  • Free Weights

  • Furnished Options Available Through Cort

  • Hardwood Floors

  • Large Closets

  • Laundry Facilities

  • Microwave

  • No Deposit Option Opens In A New Tab

  • Off Street Parking

  • On-Site Maintenance

  • On-Site Management

  • Patio/Balcony

  • Pool

  • Refrigerator

  • Second Floor Unit

  • Sundeck

  • Washer/Dryer


Amenity photos

  • Pool
    2 photos

Location

7266 Lockwood Ln, Indianapolis, IN, 46217


Resident reviews

3.2 · 200+ reviews
Overall rating
Positive
Mixed
Neutral
Negative
Management2.9
Maintenance2.7
Amenities and Shared Spaces3.2
Building Quality2.1
Location3.8

Meridian Court South presents a mixed living experience with significant contrasts between recent management improvements and persistent operational challenges. While newer management has earned praise for responsiveness and maintenance quality, residents report ongoing issues with fee transparency, communication inconsistencies, amenity availability (particularly the pool), and slow resolution of maintenance requests. The property features renovated units with updated appliances and modern aesthetics, but these improvements are offset by concerns about affordability, hidden charges, and property upkeep across common areas.

Management responsiveness and communication are significant concerns, with residents reporting delayed responses to maintenance requests, frequent staff turnover, and unclear timelines for repairs and lease commitments. While some recent staff changes have been viewed positively, long-standing issues include unresolved maintenance problems (particularly AC and plumbing), billing discrepancies, and inconsistent follow-through on promised amenities like washers/dryers. Positive experiences highlight helpful leasing staff during the application process, though operational consistency remains problematic.

Maintenance response times and follow-through are inconsistent, with significant delays reported for critical issues like HVAC and hot water outages. Work orders are sometimes closed without repairs being completed, and communication about maintenance status is frequently poor. However, some residents report positive experiences with individual maintenance staff members who respond quickly and complete work properly.

Amenities at this property receive mixed feedback, with significant concerns about limited pool availability and gym condition offsetting some positive aspects. The pool operates on restricted hours that many residents find inconvenient, and gym equipment is frequently reported as outdated or non-functional. Parking, trash management, and laundry facilities present recurring maintenance and service issues, though some residents report satisfactory grounds upkeep and convenient location.

Residents report significant building quality concerns including widespread maintenance delays, structural issues like mold and water leaks, pest infestations, and poor upkeep of common areas. Trash accumulation, potholes, and deteriorating landscaping are frequently cited. While some newly renovated units have cosmetic improvements, underlying infrastructure problems persist, and maintenance responsiveness is inconsistent.

The property offers a convenient location near downtown and Greenwood with good highway access and nearby amenities. However, residents report significant concerns about pricing transparency, with advertised rates substantially lower than actual monthly costs after fees. Location convenience is a consistent strength, though building age and maintenance responsiveness issues temper overall satisfaction.

Summaries are written by AI from reviews residents posted on public review sites such as Google and ApartmentRatings. Each topic shows how many of those reviews discuss it.

Getting around

Car-Dependent

Minimal Transit

Not Bikeable


About this property

Welcome to Meridian Court South! Nestled in the heart of Indianapolis’ vibrant Southside, Meridian Court South offers a timeless living experience with all the comforts of home. Our well-maintained apartment community blends relaxed sophistication with a peaceful atmosphere, giving you a quiet retreat without sacrificing easy access to the city’s energy and culture. With thoughtful amenities, attentive service, and a location that keeps you connected, you’ll find everything you need for a truly comfortable lifestyle.


Nearby schools

SchoolTypeLevelDistance

Biak Thluai

Private · Preschool
PrivatePreschool0.1 mi

Perry Meridian 6th Grade Academy

Public · Middle
PublicMiddle0.6 mi

Perry Meridian Middle School

Public · Middle
PublicMiddle0.6 mi

Little Lambs Christian Dc

Private · Preschool
PrivatePreschool0.8 mi

Making Memories Day Care

Private · Preschool
PrivatePreschool0.8 mi

Perry Meridian High School

Public · High
PublicHigh0.9 mi

Elliott Home Daycare

Private · Preschool
PrivatePreschool0.9 mi

Shannon's Day Care

Private · Preschool
PrivatePreschool1.0 mi

St. Barnabas School

Private · Middle
PrivateMiddle1.1 mi

Hill Valley Nursery School

Private · Preschool
PrivatePreschool1.1 mi

Contact & management