
Apartments for Rent in the Near Southside Neighborhood of Indianapolis, IN (350 Rentals)


The Block

Rise on Meridian

Cole Motor

Total Monthly Price
Residence on Penn

Assembly

Ardmore Apartments

The E'Laan

Pinnex

Lockerbie Lofts
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

220 Meridian

Hinge Apartments

CityWay

Slate Apartments

Mozzo apartments

Canal Square

Garfield Park Village

Pembroke Place

Gathyr

Artistry Indy
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Leo

360 Market Square

Madison Lofts

Penn Street Tower Apartments

Pulliam Square

Axis

The Assumption on Blaine

Union Square

Edge 35

522 Fletcher Ave
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Lofts on Madison

Forte Apartments

Devonshire Apartments

333 Penn Apartments

Maxwell Apartments

The Continental Towers at Vermont Place

Canal Overlook Apartments

Emhardt Apartments

Line Lofts

Laurelwood Apartments
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!

Harding Street Lofts

The Davlan

Dawson Village

Total Monthly Price
701 E Perry St, Unit 701 E. Perry Street

1337 Barth Ave

933 English Ave

1613 Fletcher Ave

17 N Randolph St

Total Monthly Price
1158 Laurel St, Unit 1st Floor Apartment

Total Monthly Price
1701 Fletcher Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $1,692 | $556 | $4,649 |
| Near Southside 1 Bedroom Apartments | $1,690 | $596 | $3,999 |
| Near Southside 2 Bedroom Apartments | $2,204 | $716 | $10,000+ |
| Near Southside 3 Bedroom Apartments | $2,825 | $1,025 | $8,492 |
| Near Southside 4 Bedroom Apartments | $4,262 | $3,864 | $4,839 |
How much does it cost to rent a home in Near Southside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $1,533 | $875 | $2,500 |
| 3 Bedroom Homes | $1,843 | $1,050 | $4,350 |
| 4 Bedroom Homes | $2,385 | $1,595 | $4,750 |
Browse Apartments in this Neighborhood
There are currently 350 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
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
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Read ArticleYour 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
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, August 15, 2026, there are currently 350 available Near Southside apartments priced from $556 to $14,232, with an average monthly rent of $1,986.
How much are Studio apartments in Near Southside?
There are currently 63 Studio Apartments in Near Southside with rent ranges from $556 to $4,649 with an average price of $1,692.
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 $596 to $3,999 with an average monthly rent of $1,690.
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 $716 to $11,680. Today's average rental price for Two Bedrooms here is $2,204.
How expensive are Near Southside Three Bedroom Apartments?
There are currently 37 Three Bedroom Apartments listings available in Near Southside on ApartmentHomeLiving.com. The pricing ranges from $1,025 to $8,492 - averaging $2,825 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

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
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.

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.
Articles, How-To's, and Tips

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.