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$712 - $1,556Studio to 2 Bedroom Apartments Available Now
Garfield Park Village
360 Sandra LnIndianapolis, IN 46227
Cheap Apartments for Rent in the Garfield Park South Neighborhood of Indianapolis, IN from $500 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Garfield Park South area of Indianapolis.
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Rent Specials
$775 - $995
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$775 - $995
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One Somerset
3761 S State AveIndianapolis, IN 46227
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$919 - $9992 Bedroom Apartments Available Now
Welcome to Dawson Village – Welcome Home!
2469 Dawson StIndianapolis, IN 46203
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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2 Bedroom Apartments
Garfield Place
2236 Ransdell StIndianapolis, IN 46225
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Studio to 2 Bedroom Apartments
Spicewood
354 Spicewood DrIndianapolis, IN 46227
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3 Bedroom Apartments
Garfield Parkside Townhomes
401 E Southern AveIndianapolis, IN 46225
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 3 Bedroom Apartments
East Street Apartments
2760 S East StIndianapolis, IN 46225
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Garfield Park South, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Garfield Park South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Garfield Park South Studio Apartments | $974 | $749 | $1,198 |
| Garfield Park South 1 Bedroom Apartments | $1,049 | $705 | $1,405 |
| Garfield Park South 2 Bedroom Apartments | $1,195 | $775 | $2,234 |
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 7 rentals with your search options within a 2 mile radius of the Garfield Park South Neighborhood of Indianapolis, IN.
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Cheapest Available Garfield Park South Apartments for Rent
The cheapest available apartment rental in the Garfield Park South area of Indianapolis, IN is a 1 Bed unit found at Garfield Park Village priced from $712. One Somerset has the second lowest priced unit, which is a 2 Beds apartment currently listed from $775. Here are the most affordable Garfield Park South apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Garfield Park Village | 1/1 Vintage | 1BR,1BA | $712 |
| One Somerset | *ACT NOW- Price Drop* One Somerset - 1 Bed/1 Ba... | 2BR,1BA | $775 |
| Spicewood | Studio | Studio,1BA | $849 |
Best Value Apartments for Rent in Garfield Park South, IN
As of April 26, 2026 the best value apartment in the Garfield Park South area is the $1.87 price per square foot Your Brand New Home Awaits! Model at Residence on Penn in the in the Concord neighborhood starting from $1,405. The second greatest value Garfield Park South apartment is the 2 BR/1 BA - Partial Remodeled Flat Model at Welcome to Dawson Village – Welcome Home! starting at $945 with a $1.35 price per square foot in the Concord neighborhood. Here is today’s list of the best values for Garfield Park South apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Residence on Penn | Your Brand New Home Awaits! | 1BR,1BA | $1.87 |
| Welcome to Dawson Village – Welcome Home! | 2 BR/1 BA - Partial Remodeled Flat | 2BR,1BA | $1.35 |
| One Somerset | One Somerset - 2 Bed/1 Bath- Move in Special **... | 1BR,1BA | $1.66 |
| Garfield Park Village | 0/1 Renovated | Studio ,1BA | $1.67 |
| Spicewood | Studio | Studio ,1BA | $2.95 |
Frequently Asked Questions about Cheap Garfield Park South Apartments
What is the price of a cheap apartment in Garfield Park South?
The cheapest apartment in Garfield Park South is Garfield Park Village which is listed at $712, while the average apartment in Garfield Park South costs $961.
What types of apartments are the cheapest in Garfield Park South?
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 2 regular apartments in Garfield Park South that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
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