
Cheap Homes for Rent in Southside Indianapolis Neighborhood of Greenwood, IN from $800 (24 Rentals)
Search the lowest-cost Homes available for rent right now in the Southside Indianapolis area of Greenwood.


8149 Trevellian Way

8231 Bold Forbes Ct

640 Wooddale Terrace

807 Riverside Dr

811 Riverside Dr

4241 W Whiteland Rd

628 Wooddale Terrace
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.

615 E Thompson Rd

8110 Bentley Farms Dr

1001 Wild Ivy Trail

8361 Paso Del Norte Ct

851 N Madison Ave

539 W Stop 11 Rd

289 Morton St
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.

627 Melrose Dr

546 Mooreland Dr

661 Blue Meadow Dr

5326 Yucatan Dr

1057 Torino Ct

5814 La Fleur Ct

512 Park Dr

8546 Palo Verde Terrace
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.

1448 2nd Bomar 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 | $1,249 | $903 | $1,650 |
Southside Indianapolis 3 Bedroom Homes for Rent | $1,877 | $1,400 | $2,745 |
Southside Indianapolis 4 Bedroom Homes for Rent | $2,152 | $1,749 | $3,399 |
Southside Indianapolis 5 Bedroom Homes for Rent | $2,701 | $1,990 | $4,100 |
Southside Indianapolis 6 Bedroom Homes for Rent | $2,180 | $2,180 | $2,180 |
Browse Homes for Rent in this Neighborhood
There are currently 24 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
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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 1 Bed unit found at Windsor Court priced from $728. Waterbury Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Southside Indianapolis apartments for rent in Greenwood, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Windsor Court | Standard One Bedroom (SN1) | 1BR,1BA | $728 |
Waterbury Apartments | Studio | Studio,1BA | $750 |
5700 Madison Apartments & Edgewood on Madison | Edgewood - Loft | Studio,1BA | $765 |
South & Madison | E2 | Studio,1BA | $840 |
Parc Bordeaux Apartments | Studio | Studio,1BA | $850 |
Best Value Apartments for Rent in Southside Indianapolis, IN
As of June 19, 2025 the best value apartment in the Southside Indianapolis area is the $1.02 price per square foot Palladium Model at Copper Chase at Stones Crossing in the in the Barton Lakes neighborhood starting from $1,403. The second greatest value Southside Indianapolis apartment is the 2 Bedroom 1.5 Bath Townhome Model at Mansfield Village Townhomes starting at $1,650 with a $1.24 price per square foot in the Winchester Village 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. |
---|---|---|---|
Copper Chase at Stones Crossing | Palladium | 2BR,2BA | $1.02 |
Mansfield Village Townhomes | 2 Bedroom 1.5 Bath Townhome | 2BR,1.5BA | $1.24 |
Brixin Franklin | D1r | 3BR,2BA | $1.13 |
South Haven Village Apartments | 3x2.5 TH | 3BR,2.5BA | $1.17 |
Greenwood Oaks | 2 Bed/2.5 Bath Town Home | 2BR,2.5BA | $1.15 |
Aspen Lakes | 2 Bedrooms 2 Balconies - Phase I | 2BR,2BA | $1.23 |
Auburn Place Apartments | Merlot | 2BR,1.5BA | $1.24 |
Oak Park | Forest | 1BR,1BA | $1.17 |
Strawbridge Green | Emerson | 2BR,1BA | $1.18 |
Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $1.24 |
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.
Frequently Asked Questions about Southside Indianapolis
What type of rentals are currently available in Southside Indianapolis?
There are currently 194 Apartments for Rent in Southside Indianapolis, IN with pricing that ranges from $390 to $4,312. There are also 303 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southside Indianapolis ranging from $817 to $4,100.
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 $817 to $4,100 with an average monthly rent of $1,849.
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 $1,035 to $4,312, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,745. Four Bedroom Single-Family rentals are also available starting from $1,749 and Four Bedroom Apartments start at $1,650.
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.