
Apartments for Rent in the Near Southside Neighborhood of Indianapolis, IN (345 Rentals)


Gathyr

The Block

Rise on Meridian

Total Monthly Price
Residence on Penn

Leo

Lockerbie Lofts

220 Meridian

Mozzo apartments

Cole Motor
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Assembly

Ardmore Apartments

The E'Laan

Hinge Apartments

CityWay

Slate Apartments

Garfield Park Village

Canal Square

Pembroke Place

Artistry Indy
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Applegate Flats

360 Market Square

Madison Lofts

Penn Street Tower Apartments

Pulliam Square

Axis

The Assumption on Blaine

Union Square

522 Fletcher Ave

Lofts on Madison
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Forte Apartments

Canal Overlook Apartments

Devonshire Apartments

333 Penn Apartments

Maxwell Apartments

The Continental Towers at Vermont Place

Emhardt Apartments

Line Lofts

Laurelwood Apartments

Harding Street Lofts
Near Southside - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Dawson Village

The Davlan

Total Monthly Price
755 E Perry St, Unit 755 E. Perry Street

2231 Union St

Total Monthly Price
1204 E Vermont St, Unit 1204

Total Monthly Price
1344 Linden St, Unit 1344 Linden St

Total Monthly Price
1701 Fletcher Ave, Unit A

350 E Minnesota St

121 W Arizona St

403 E Morris St
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Near Southside, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Near Southside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Near Southside Studio Apartments | $1,575 | $656 | $2,988 |
| Near Southside 1 Bedroom Apartments | $1,680 | $775 | $3,857 |
| Near Southside 2 Bedroom Apartments | $2,278 | $699 | $10,000+ |
| Near Southside 3 Bedroom Apartments | $2,857 | $899 | $7,822 |
| Near Southside 4 Bedroom Apartments | $2,556 | $1,279 | $3,834 |
How much does it cost to rent a home in Near Southside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $1,532 | $865 | $2,800 |
| 3 Bedroom Homes | $2,066 | $1,000 | $10,000+ |
| 4 Bedroom Homes | $2,452 | $1,495 | $4,200 |
| 5 Bedroom Homes | $1,850 | $1,500 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 345 rentals with your search options within a 2 mile radius of the Near Southside Neighborhood of Indianapolis, IN.
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Near Southside, Indianapolis, IN Local Guide
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Lifestyle Ratings
Our team compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Indiana and customized analysis for Central Indianapolis, IN. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, apartment communities for the kids, raising pets, transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Family-Friendly Rating
When renting for a family with young children, location matters. Amongst all of the neighborhoods in Indianapolis, this neighborhood has established a name for itself as amongst the finest neighborhoods for families, with a score of 4.0 out of 4. Family Friendly communities have features that support parents and kids in having fun and being healthy together. This includes features like parks, and having the best schools available.
Outdoors Rating
Love parks and outdoor amenities? this neighborhood is a highly-rated area for having parks and greenspace, with a score of 4.0 out of 4.
Luxury Living Rating
Near Southside has risen to be one of the best-regarded higher-end submarkets in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like pools, saunas, workout spaces, on-site concierge services, gardens, nearby parks, and quartz countertops in the kitchen with high-end appliances. Other luxury items often include wood-burning fireplaces, sports like tennis and raquetball, and for some communities, even a doorman to greet residents.
Pet Friendly Rating
This area is one of the finest communities for families with pets, with a score of 4.0 out of 4.
Frequently Asked Questions about Near Southside
What is the current pricing and availability for apartments for rent in the Near Southside area of Indianapolis, IN?
As of today, September 29, 2026, there are currently 345 available Near Southside apartments priced from $656 to $16,355, with an average monthly rent of $1,945.
How much are Studio apartments in Near Southside?
There are currently 65 Studio Apartments in Near Southside with rent ranges from $656 to $2,988 with an average price of $1,575.
What is the current price range for One Bedroom Near Southside Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Near Southside ranges from $775 to $3,857 with an average monthly rent of $1,680.
What does renting a Two Bedroom Apartment in Near Southside cost?
The monthly rent prices of Two Bedroom Apartments currently available in Near Southside range from $699 to $10,799. Today's average rental price for Two Bedrooms here is $2,278.
How expensive are Near Southside Three Bedroom Apartments?
There are currently 35 Three Bedroom Apartments listings available in Near Southside on ApartmentHomeLiving.com. The pricing ranges from $899 to $7,822 - averaging $2,857 for the location.
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

Welcome to Indy: A Local Expert's Guide to the City's Best Short-Term Rental Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I am the local expert for ApartmentHomeLiving.com in the Indianapolis area. Being born and raised in Indiana, I know the true meaning of Hoosier hospitality.

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Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
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.
Articles, How-To's, and Tips

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.