
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.


One Somerset

Welcome to Dawson Village – Welcome Home!
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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 | $1,199 | $1,199 | $1,199 |
| Garfield Park South 1 Bedroom Apartments | $1,278 | $995 | $1,499 |
| Garfield Park South 2 Bedroom Apartments | $1,313 | $775 | $3,268 |
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 2 Beds unit found at One Somerset priced from $775. Spicewood has the second lowest priced unit, which is a Studio apartment currently listed from $829. Here are the most affordable Garfield Park South apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| One Somerset | *ACT NOW- Price Drop* One Somerset - 1 Bed/1 Ba... | 2BR,1BA | $775 |
| Spicewood | Studio | Studio,1BA | $829 |
| Welcome to Dawson Village – Welcome Home! | 2 BR/1 BA - FLATS | 2BR,1BA | $899 |
Best Value Apartments for Rent in Garfield Park South, IN
As of January 04, 2026 the best value apartment in the Garfield Park South area is the $1.43 price per square foot Brand New Double Model at Welcome to Dawson Village – Welcome Home! in the in the Concord neighborhood starting from $999. The second greatest value Garfield Park South apartment is the 2/1 Renovated Model at Garfield Park Village starting at $1,019 with a $1.64 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. |
|---|---|---|---|
| Welcome to Dawson Village – Welcome Home! | Brand New Double | 2BR,1BA | $1.43 |
| Garfield Park Village | 2/1 Renovated | 2BR,1BA | $1.64 |
| One Somerset | One Somerset - 2 Bed/1 Bath | 1BR,1BA | $1.66 |
| Residence on Penn | 0BR/1.0BA | Studio ,1BA | $2.41 |
| Spicewood | Studio | Studio ,1BA | $2.88 |
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 One Somerset which is listed at $995, while the average apartment in Garfield Park South costs $1,299.
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.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
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Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
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My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
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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.

Apartment Common Area Rules: What Renters Need to Know
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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
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Everything is a negotiation in real estate!



