
Cheap Apartments for Rent in the Southside Indianapolis Neighborhood of Greenwood, IN from $300 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southside Indianapolis area of Greenwood.


Waterbury Apartments

Clearview

5700 Madison Apartments & Edgewood on Madison

Berkley Commons

Brookwood Apartments

Emerson Village

Heathmoore - Indianapolis
Southside Indianapolis, Greenwood, IN Local Guide

How much does it cost to rent an apartment in Southside Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southside Indianapolis Studio Apartments | $1,047 | $665 | $1,381 |
| Southside Indianapolis 1 Bedroom Apartments | $1,179 | $725 | $2,710 |
| Southside Indianapolis 2 Bedroom Apartments | $1,428 | $787 | $2,785 |
| Southside Indianapolis 3 Bedroom Apartments | $1,702 | $1,090 | $2,930 |
| Southside Indianapolis 4 Bedroom Apartments | $1,849 | $1,675 | $1,899 |
Browse Apartments in this Neighborhood
There are currently 21 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 $670. Windsor Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $728. 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 - Loft | Studio,1BA | $670 |
| Windsor Court | Standard One Bedroom (SN1) | 1BR,1BA | $728 |
| Heathmoore - Indianapolis | Studio 1 Bath | Studio,1BA | $750 |
| Clearview | The Bristol | Studio,1BA | $775 |
| Waterbury Apartments | Studio | Studio,1BA | $775 |
Best Value Apartments for Rent in Southside Indianapolis, IN
As of November 14, 2025 the best value apartment in the Southside Indianapolis area is the $1.05 price per square foot L3-SUN Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $2,000. The second greatest value Southside Indianapolis apartment is the 3 Bedrooms 2 Baths- Phase I Model at Aspen Lakes starting at $1,725 with a $1.14 price per square foot in the Southern Homes 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. |
|---|---|---|---|
| The Links at Franklin | L3-SUN | 3BR,2BA | $1.05 |
| Aspen Lakes | 3 Bedrooms 2 Baths- Phase I | 3BR,2BA | $1.14 |
| SOUTHPORT AT BUCK CREEK | 2 Bedroom Townhome | 2BR,1.5BA | $0.82 |
| Yorktowne Farms Community | 2 Bed 2.5 Bath Townhome | 2BR,2.5BA | $1.25 |
| Auburn Place Apartments | Merlot | 2BR,1.5BA | $1.21 |
| Berkley Commons | Two Bedroom 1.5 Bath TH | 2BR,1.5BA | $1.14 |
| Summit Pointe | The Tanzania | 1BR,1BA | $1.22 |
| Martinique Terrace | 1Bd/1Ba-Dn Mini W/D | 1BR,1BA | $1.18 |
| Strawbridge Green | Emerson | 2BR,1BA | $1.12 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $1.18 |
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
3.0Pet Friendly
Best Local Schools in Southside Indianapolis, Greenwood, IN
Whiteland Elementary School
Whiteland Community High School
Clark Pleasant Middle School
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 $670.
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 $890 at Buckridge at Southport.
What is the most affordable Southside Indianapolis Three Bedroom Apartment?
The best deal on a cheap Southside Indianapolis Three Bedroom Apartment rental is at Camby Crossing and starts from $1,250.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.












