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$750 - $1,015Studio to 2 Bedroom Apartments Available Now
Waterbury Apartments
421 Waterbury StGreenwood, IN 46142
Cheap Apartments for Rent in the Southside Indianapolis Neighborhood of Greenwood, IN from $300 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southside Indianapolis area of Greenwood.
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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8231 Bold Forbes Ct
IndianapolisIN46217
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$665 - $1,370Studio to 2 Bedroom Apartments Available Now
5700 Madison Apartments & Edgewood on Madison
5757 Madison AveIndianapolis, IN 46227
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Rent Specials
$675 - $1,980Studio to 2 Bedroom Apartments Available Now
Heathmoore - Indianapolis
5984 Heathmoore DrIndianapolis, IN 46237
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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$777 - $1,3081 to 3 Bedroom Apartments Available Now
Brookwood Apartments
5301 S Turtle Creek South DrIndianapolis, IN 46227
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Showing Results 1-20, Page 1 of 1
Southside Indianapolis, Greenwood, IN Local Guide
Main Street in downtown Greenwood by Wiki User: Nyttend is licensed under Internal
How much does it cost to rent an apartment in Southside Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southside Indianapolis Studio Apartments | $1,115 | $665 | $1,679 |
| Southside Indianapolis 1 Bedroom Apartments | $1,207 | $600 | $2,460 |
| Southside Indianapolis 2 Bedroom Apartments | $1,437 | $861 | $2,744 |
| Southside Indianapolis 3 Bedroom Apartments | $1,713 | $1,130 | $4,347 |
| Southside Indianapolis 4 Bedroom Apartments | $1,755 | $1,275 | $1,899 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Southside Indianapolis Neighborhood of Greenwood, IN.
See all Apartments in GreenwoodExplore Greenwood
Southside Indianapolis, Greenwood, IN Local Guide
- Nearby Greenwood neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Southside Indianapolis Apartments for Rent
The cheapest available apartment rental in the Southside Indianapolis area of Greenwood, IN is a Studio unit found at 5700 Madison Apartments & Edgewood on Madison priced from $665. Heathmoore - Indianapolis has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here are the most affordable Southside Indianapolis apartments for rent in Greenwood, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Cypress | Studio,1BA | $665 |
| Heathmoore - Indianapolis | Studio 1 Bath | Studio,1BA | $675 |
| Windsor Court | Standard One Bedroom (SN1) | 1BR,1BA | $728 |
| Waterbury Apartments | Studio | Studio,1BA | $750 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $800 |
Best Value Apartments for Rent in Southside Indianapolis, IN
As of September 04, 2025 the best value apartment in the Southside Indianapolis area is the $1.24 price per square foot 4946 Camden St Model at 4946 Camden St, Unit Big Camden in the in the Shelby Street-Epler Avenue neighborhood starting from $2,100. The second greatest value Southside Indianapolis apartment is the L3 Model at The Links at Franklin starting at $1,899 with a $1.18 price per square foot in the Cityview Farm neighborhood. Here is today’s list of the best values for Southside Indianapolis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4946 Camden St, Unit Big Camden | 4946 Camden St | 3BR,2BA | $1.24 |
| The Links at Franklin | L3 | 3BR,2BA | $1.18 |
| Aspen Lakes | 3 Bedrooms 2 Baths- Phase I | 3BR,2BA | $1.14 |
| Brixin Franklin | E1r | 4BR,2BA | $1.22 |
| Auburn Place Apartments | Rosewood | 3BR,1.5BA | $1.10 |
| Mansfield Village Townhomes | 2 Bedroom 1.5 Bath Townhome | 2BR,1.5BA | $1.23 |
| Southern Dunes | Oasis | 2BR,2BA | $1.24 |
| Oak Park | Timber | 2BR,1BA | $1.08 |
| Buckridge at Southport | 2BR/1.0BA | 2BR,1BA | $1.12 |
| Parc Bordeaux Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.15 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleSouthside Indianapolis, Greenwood, IN
Ranked #1
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Southside Indianapolis, Greenwood, IN
Whiteland Elementary School
Clark-Pleasant Com School Corp
Public School - Grades K-5 (330)
8 out of 10
Whiteland Community High School
Clark-Pleasant Com School Corp
Public School - Grades 9-12 (1879)
5 out of 10
Clark Pleasant Middle School
Clark-Pleasant Com School Corp
Public School - Grades 6-8 (1553)
7 out of 10
School data provided by Great Schools
Getting Around the Southside Indianapolis Neighborhood in Greenwood, IN
Walk Score®
38 / 100
Car-Dependent
Most errands require a car
Bike Score®
41 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Southside Indianapolis Apartments
What is the Cheapest Studio apartment in Southside Indianapolis?
Currently the most affordable Cheap Studio Apartment in Southside Indianapolis is at 5700 Madison Apartments & Edgewood on Madison listed at $665.
How much is rent for a Cheap One Bedroom Southside Indianapolis Apartment?
The lowest price for a Cheap One Bedroom Southside Indianapolis Apartment is $728 at Windsor Court.
What is the lowest price for a Cheap Two Bedroom Southside Indianapolis Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Southside Indianapolis is starting from $985 at Windsor Court.
What is the most affordable Southside Indianapolis Three Bedroom Apartment?
The best deal on a cheap Southside Indianapolis Three Bedroom Apartment rental is at Berkley Commons and starts from $1,130.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.