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$775 - $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 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southside Indianapolis area of Greenwood.
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$785 - $1,094Studio to 2 Bedroom Apartments Contact Us For Availability
Somerset Place
136 Somerset DrGreenwood, IN 46143
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$810 - $2,287Studio to 3 Bedroom Apartments Available Now
Polo Run Apartments
800 Kings Mill RdGreenwood, IN 46142
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$815 - $2,845
Total Monthly Price
Studio to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$800 - $2,830
Required Monthly Fees
$15
Total Monthly Price
$815 - $2,845
Clearview
715 Clearview DrGreenwood, IN 46143
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1 to 2 Bedroom Apartments
Cottages at Sheek Road Apartments
1759 Sheek RdGreenwood, IN 46143
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1 to 2 Bedroom Apartments
Clary Crossing Senior Villas
3226 Clary BlvdGreenwood, IN 46143
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1 to 2 Bedroom Apartments
Main Street Commons
635 E Main StGreenwood, IN 46143
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1 to 4 Bedroom Apartments
Beacon Pointe Apartments
1206 Beacon Pointe DrGreenwood, IN 46143
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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1 to 2 Bedroom Apartments
Blackstone
611 N Meridian StGreenwood, IN 46143
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1 to 2 Bedroom Apartments
Breeza 32 Apartments
622 Wooddale TerGreenwood, IN 46142
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2 to 3 Bedroom Apartments
Greenwood MHP
7248 W Stones Crossing RdGreenwood, IN 46143
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$715 - $1,420Studio to 2 Bedroom Apartments Available Now
5700 Madison Apartments & Edgewood on Madison
5757 Madison AveIndianapolis, IN 46227
8231 Bold Forbes Ct
IndianapolisIN46217
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$790 - $3,405
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$767 - $3,382
Required Monthly Fees
$23
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$790 - $3,405
Heathmoore - Indianapolis
5984 Heathmoore DrIndianapolis, IN 46237
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$795 - $1,5652 to 3 Bedroom Apartments Contact Us For Availability
Strawbridge Green
4649 Strawbridge StIndianapolis, IN 46237
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$799 - $1,120Studio to 2 Bedroom Apartments Available Now
Sherbrook
8026 McFarland CtIndianapolis, IN 46227
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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$805 - $1,235Studio to 2 Bedroom Apartments Available Now
Encore Apartments
8035 Preidt PlIndianapolis, IN 46237
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$839 - $1,4211 to 3 Bedroom Apartments Available Now
Brookwood Apartments
5301 S Turtle Creek South DrIndianapolis, IN 46227
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$850 - $1,180Studio to 2 Bedroom Apartments Available Now
Parc Bordeaux Apartments
3410 Rue ChanelIndianapolis, IN 46227
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$850 - $1,3291 to 3 Bedroom Apartments Available Now
Greentree Apartments
2524 Tamarack LnIndianapolis, IN 46227
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$878 - $1,7631 to 3 Bedroom Apartments Available Now
SOUTHPORT AT BUCK CREEK
1451 E Southport RdIndianapolis, IN 46227
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Studio to 2 Bedroom Apartments
Crossroads at Madison
4725 Madison AveIndianapolis, IN 46227
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1 to 2 Bedroom Apartments
Estate View
6768 S East StIndianapolis, IN 46227
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1 to 2 Bedroom Apartments
Windsor Court
7302 Queen Anne CtIndianapolis, IN 46227
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Studio to 2 Bedroom Apartments
Pleasant Creek Apartments
2816 E County Line RdIndianapolis, IN 46227
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3 to 4 Bedroom Apartments
Valley Brook MHC
4620 S High School RdIndianapolis, IN 46241
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1 to 3 Bedroom Apartments
Franklin Place Apartments
1485 Franklin Place CtFranklin, IN 46131
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Studio to 3 Bedroom Apartments
South & Madison
1819 Madison Village DrIndianapolis, IN 46227
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1 to 2 Bedroom Apartments
Farhill Lake Apartments
4927 Encore DrIndianapolis, IN 46237
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1 Bedroom Apartments
Rand House Apartments
5010-w W Southport RdIndianapolis, IN 46221
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1 to 2 Bedroom Apartments
Crossroads at Southgreen
5030 Southgreen DrIndianapolis, IN 46227
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1 to 2 Bedroom Apartments
The Sterling
8020 Madison AveIndianapolis, IN 46227
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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1 to 3 Bedroom Apartments
Buckridge at Southport
6933 Buckridge West DrIndianapolis, IN 46227
Showing Results 1-33, 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 | $1,074 | $715 | $1,381 |
| Southside Indianapolis 1 Bedroom Apartments | $1,219 | $775 | $3,240 |
| Southside Indianapolis 2 Bedroom Apartments | $1,444 | $795 | $3,405 |
| Southside Indianapolis 3 Bedroom Apartments | $1,789 | $1,060 | $9,682 |
| Southside Indianapolis 4 Bedroom Apartments | $1,923 | $1,599 | $2,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 33 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
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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 $715. Windsor Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $736. 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 | $715 |
| Windsor Court | Standard One Bedroom (SN3) | 1BR,1BA | $736 |
| Waterbury Apartments | Studio | Studio,1BA | $775 |
| Sherbrook | Studio | Studio,1BA | $799 |
| South & Madison | E2 | Studio,1BA | $809 |
| Polo Run Apartments | The Shetland Studio | Studio,1BA | $810 |
| Brookwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $831 |
| Strawbridge Green | Emerson | 2BR,1BA | $835 |
| Parc Bordeaux Apartments | Studio | Studio,1BA | $850 |
| Greentree Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $850 |
Best Value Apartments for Rent in Southside Indianapolis, IN
As of February 19, 2026 the best value apartment in the Southside Indianapolis area is the $1.12 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 $1,900. The second greatest value Southside Indianapolis apartment is the L3 Model at The Links at Franklin starting at $1,799 with a $1.11 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 | $1.12 |
| The Links at Franklin | L3 | 3BR,2BA | $1.11 |
| Brixin Franklin | E1r | 4BR,2BA | $1.16 |
| Greenwood Oaks | 2 Bed/2.5 Bath Town Home | 2BR,2.5BA | $1.17 |
| Dakota Ridge | Bighorn | 3BR,2BA | $1.19 |
| Park Madison Apartments | 2x2 R-Prem | 2BR,2BA | $1.20 |
| South & Madison | B2 | 2BR,1BA | $1.19 |
| Martinique Terrace | 1Bd/1Ba-Dn Mini W/D | 1BR,1BA | $1.18 |
| Summit Pointe | The Columbus | 1BR,1BA | $1.23 |
| The Sterling | The Lexington | 1BR,1BA | $1.18 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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If you’re an expert on all things Southside Indianapolis, tell us what you love (and don't) by rating it and writing a review.
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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
Frequently Asked Questions about Cheap Southside Indianapolis Apartments
What is a cheap apartment in Southside Indianapolis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southside Indianapolis is under $850.
What is the price of a cheap apartment in Southside Indianapolis?
The cheapest apartment in Southside Indianapolis is South & Madison which is listed at $830, while the average apartment in Southside Indianapolis costs $1,899.
What types of apartments are the cheapest in Southside Indianapolis?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 35 regular apartments in Southside Indianapolis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Southside Indianapolis?
Cheap apartments in Southside Indianapolis have an average cost of $112 which is $1,787 cheaper than the average rent for all rentals in Southside Indianapolis.
Expert Rental Resources
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.
Articles, How-To's, and Tips
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.