
Cheap Homes for Rent in Southside Indianapolis Neighborhood of Greenwood, IN from $300 (23 Rentals)
Search the lowest-cost Homes available for rent right now in the Southside Indianapolis area of Greenwood.


251 E Madison St

628 Wooddale Terrace

1420 E Jefferson St

615 E Thompson Rd

2866 Punto Alto Ct

504 Louise Dr

801 Hurricane St

8445 Bluff Rd

5860 Newhall Dr

9455 Huggin Hollow Rd

360 Steven Ct

314 Elmead Ct

8361 Paso Del Norte Ct

1199 Hospital Rd

2801 Punto Alto Cir

839 Middle Dr

972 Red Maple Ct

702 E Thompson Rd

4847 Mt Vernon Dr

900 Yandes St

900 Yandes St
Southside Indianapolis, Greenwood, IN Local Guide

How much does it cost to rent a home in Southside Indianapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Southside Indianapolis 2 Bedroom Homes for Rent | $1,248 | $950 | $1,739 |
Southside Indianapolis 3 Bedroom Homes for Rent | $1,800 | $1,049 | $2,450 |
Southside Indianapolis 4 Bedroom Homes for Rent | $2,111 | $1,425 | $4,500 |
Southside Indianapolis 5 Bedroom Homes for Rent | $2,468 | $1,700 | $3,000 |
Southside Indianapolis 6 Bedroom Homes for Rent | $2,808 | $2,680 | $2,945 |
Browse Homes for Rent in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Southside Indianapolis Neighborhood of Greenwood, IN.
Explore 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. 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 - Cypress | Studio,1BA | $665 |
Windsor Court | Standard One Bedroom (SN1) | 1BR,1BA | $728 |
Keeneland Crest Apartments | Tuscan | 1BR,1BA | $749 |
Waterbury Apartments | Studio | Studio,1BA | $750 |
Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $795 |
Best Value Apartments for Rent in Southside Indianapolis, IN
As of September 17, 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 |
Martinique Terrace | 3Bd/2Ba Up W/D | 3BR,2BA | $1.24 |
Southern Dunes | Oasis | 2BR,2BA | $1.24 |
Keeneland Crest Apartments | Brentwood | 2BR,2BA | $1.12 |
Oak Park | Timber | 2BR,1BA | $1.08 |
Auburn Place Apartments | Mahogany | 2BR,1BA | $1.08 |
Buckridge at Southport | 2BR/1.0BA | 2BR,1BA | $1.12 |
Strawbridge Green | Emerson | 2BR,1BA | $1.15 |
Parc Bordeaux Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.12 |
Quick 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.
Pet Friendly LifestyleSouthside Indianapolis, Greenwood, IN
Ranked #1
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet 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
Frequently Asked Questions about Southside Indianapolis
What type of rentals are currently available in Southside Indianapolis?
There are currently 196 Apartments for Rent in Southside Indianapolis, IN with pricing that ranges from $665 to $2,894. There are also 305 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southside Indianapolis ranging from $330 to $4,500.
What is the current price range for Rental Homes in Southside Indianapolis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Southside Indianapolis ranges from $330 to $4,500 with an average monthly rent of $2,113.
How much are larger Three and Four Bedroom Rentals in Southside Indianapolis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Southside Indianapolis range from $1,148 to $2,894, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,049 to $2,450. Four Bedroom Single-Family rentals are also available starting from $1,425 and Four Bedroom Apartments start at $1,505.
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.

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.

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.