
Cheap 3 Bedroom Apartments for Rent in the Near Southside Neighborhood of Indianapolis, IN from $925 (24 Rentals)


526 E Minnesota St

1819-1819 Union St

2231 Union St

1354 Oliver Ave

1527 Prospect St

1648 Iowa St

1756-1756 S Delaware St
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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.

2018 Boyd Ave

1541 E Ohio St

907 Prospect St

512 S State Ave

1619 S Randolph St

439 N Forest Ave

228 N Tacoma Ave

1402-1404 Charles St
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1514 Ringgold Ave

303 N State Ave

550 Fletcher Ave

1833 Orleans St

3312 Olive St

1541 E Ohio St

43 N Randolph St

1053 Villa Ave
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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 | $1,638 | $665 | $4,403 |
| Near Southside 1 Bedroom Apartments | $1,708 | $649 | $4,071 |
| Near Southside 2 Bedroom Apartments | $2,295 | $846 | $8,473 |
Near Southside 3 Bedroom Apartments | $2,874 | $925 | $6,464 |
| Near Southside 4 Bedroom Apartments | $4,087 | $895 | $6,637 |
Explore Indianapolis
Frequently Asked Questions about Cheap Near Southside Apartments
What is a cheap apartment in Near Southside?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near Southside is under $1,195.
What is the price of a cheap apartment in Near Southside?
The cheapest apartment in Near Southside is Artistry Indy which is listed at $2,188, while the average apartment in Near Southside costs $13,783.
What types of apartments are the cheapest in Near Southside?
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 35 regular apartments in Near Southside that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Near Southside?
Cheap apartments in Near Southside have an average cost of $260 which is $13,523 cheaper than the average rent for all rentals in Near Southside.
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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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.