Cheap Homes for Rent in Garfield Park South Neighborhood of Indianapolis, IN from $700 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in the Garfield Park South area of Indianapolis.

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.

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.

Garfield Park South, Indianapolis, IN Local Guide

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 $849. Here are the most affordable Garfield Park South apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
One SomersetOne Somerset - 1 Bed/1 Bath2BR,1BA$775
SpicewoodStudioStudio,1BA$849
Welcome to Dawson Village – Welcome Home!2 BR/1 BA - FLATS2BR,1BA$899
Garfield Park Village2/1 Vintage2BR,1BA$951
Residence on Penn0BR/1.0BAStudio,1BA$1,199

Best Value Apartments for Rent in Garfield Park South, IN

As of December 24, 2025 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Welcome to Dawson Village – Welcome Home!Brand New Double2BR,1BA$1.43
Garfield Park Village2/1 Renovated2BR,1BA$1.64
One SomersetOne Somerset - 1 Bed/1 Bath1BR,1BA$1.29
Residence on Penn0BR/1.0BAStudio ,1BA$2.41
SpicewoodStudioStudio ,1BA$2.95

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.

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Cash 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.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Garfield Park South, Indianapolis, IN

Ranked #129

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Garfield Park South

What type of rentals are currently available in Garfield Park South?

There are currently 31 Apartments for Rent in Garfield Park South, IN with pricing that ranges from $775 to $3,274. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Garfield Park South ranging from $750 to $2,400.

What is the current price range for Rental Homes in Garfield Park South?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Garfield Park South ranges from $750 to $2,400 with an average monthly rent of $1,538.

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

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

Written by: Wendy Melton

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.

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

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

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.