1635 Cruft St
IndianapolisIN46203
Cheap Apartments for Rent in the Near Southside Neighborhood of Indianapolis, IN from $400 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near Southside area of Indianapolis.
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from $699Studio to 2 Bedroom Apartments Available Now
Country Club Apartments
360 Sandra LnIndianapolis, IN 46227
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from $8301 to 2 Bedroom Apartments Available Now
Madison Lofts
1430 Madison AveIndianapolis, IN 46225
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from $8992 Bedroom Apartments Available Now
Welcome to Dawson Village – Welcome Home!
2469 Dawson StIndianapolis, IN 46203
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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from $9251 Bedroom Apartment Available Now
1311 Woodlawn Ave, Unit 1311
1311 Woodlawn AveIndianapolis, IN 46203
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from $9901 Bedroom Apartments Available Jul 14
Devonshire Apartments in Downtown Indianapolis
412 N Alabama StIndianapolis, IN 46204
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from $1,0001 Bedroom Apartments Available Now
Indy Colonial Apartments
402-406 N Delaware StIndianapolis, IN 46204
1134 Blaine Ave
IndianapolisIN46221
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from $1,049Studio to 1 Bedroom Apartments Available Now
Lofts on Madison
501 Madison AveIndianapolis, IN 46225
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from $1,057Studio to 2 Bedroom Apartments Available Now
Edge 35
1224 Prospect StIndianapolis, IN 46203
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from $1,086Studio to 2 Bedroom Apartments Available Now
Maxwell Apartments
530 E Ohio Street, Suite CIndianapolis, IN 46204
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from $1,090Studio to 2 Bedroom Apartments Available Jun 14
Forte Apartments
1140 Shelby StIndianapolis, IN 46203
1501 S Meridian St
IndianapolisIN46225
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from $1,127Studio to 3 Bedroom Apartments Available Now
Artistry Indy
451-475 E Market StIndianapolis, IN 46204
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $1,1291 Bedroom Apartments Available Now
333 Penn Apartments
333 N Pennsylvania StIndianapolis, IN 46204
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from $1,199Studio to 2 Bedroom Apartments Available Now
Residence on Penn
2801 S Pennsylvania StIndianapolis, IN 46225
1005 Sanders St
IndianapolisIN46203
402 N Delaware St
IndianapolisIN46204
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Rent Specials
from $1,2001 to 2 Bedroom Apartments Available Now
The Continental Towers at Vermont Place
410 N Meridian StIndianapolis, IN 46204
126 E Vermont St
IndianapolisIN46204
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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!
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Showing Results 1-31, Page 1 of 1
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 | $1,555 | $699 | $3,260 |
| Near Southside 1 Bedroom Apartments | $1,803 | $455 | $4,475 |
| Near Southside 2 Bedroom Apartments | $2,530 | $899 | $9,027 |
| Near Southside 3 Bedroom Apartments | $3,462 | $1,400 | $9,585 |
| Near Southside 4 Bedroom Apartments | $1,680 | $1,680 | $1,680 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Near Southside Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Near Southside, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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Cheapest Available Near Southside Apartments for Rent
The cheapest available apartment rental in the Near Southside area of Indianapolis, IN is a Studio unit found at Country Club Apartments priced from $699. Madison Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here are the most affordable Near Southside apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Country Club Apartments | Studio | Studio,1BA | $699 |
| Madison Lofts | 1x1 583sf | 1BR,1BA | $830 |
| Welcome to Dawson Village – Welcome Home! | Renovated 2 Bedroom Flat - Open Kitchen Floorplan | 2BR,1BA | $950 |
| Indy Colonial Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,000 |
| Lofts on Madison | Studio | Studio,1BA | $1,049 |
| Maxwell Apartments | Milan | Studio,1BA | $1,086 |
| Canal Square | Arch | 1BR,1BA | $1,117 |
| Artistry Indy | Edie (EcoSuite) | Studio,1BA | $1,127 |
| Line Lofts | The Inspiration 50% | 2BR,1BA | $1,180 |
Best Value Apartments for Rent in Near Southside, IN
As of June 01, 2025 the best value apartment in the Near Southside area is the $1.08 price per square foot loft Model at Shoemaker Building in the in the Riley neighborhood starting from $1,950. The second greatest value Near Southside apartment is the 1 Bedroom 1 Bath Model at The Block starting at $1,539 with a $1.06 price per square foot in the Riley neighborhood. Here is today’s list of the best values for Near Southside apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shoemaker Building | loft | 2BR,2BA | $1.08 |
| The Block | 1 Bedroom 1 Bath | 1BR,1BA | $1.06 |
| Wheeler Lofts | A | Studio ,1BA | $1.46 |
| Line Lofts | The Inspiration 60% | 2BR,1BA | $1.53 |
| Lockerbie Flats | 1 Bedroom | 1BR,2BA | $1.48 |
| The Vue | ONE BEDROOM APARTMENT | 1BR,1BA | $1.81 |
| 1302 Pleasant St, Unit B | 1302 Pleasant St | 1BR,1BA | $1.80 |
| Welcome to Dawson Village – Welcome Home! | Renovated 2 Bedroom Flat - Open Kitchen Floorplan | 2BR,1BA | $1.36 |
| 1311 Woodlawn Ave, Unit 1311 | 1311 Woodlawn Ave | 1BR,1BA | $1.54 |
| Country Club Apartments | Studio | Studio ,1BA | $1.56 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleNear Southside, Indianapolis, IN
Ranked #13
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States and customized analysis for Central Indianapolis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, pet-friendly features, features that make it easier to raise kids, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Near Southside Neighborhood in Indianapolis, IN
Walk Score®
40 / 100
Car-Dependent
Most errands require a car
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
Transit Score®
31 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Near Southside Apartments
What is the Cheapest Studio apartment in Near Southside?
Currently the most affordable Cheap Studio Apartment in Near Southside is at Country Club Apartments listed at $699.
How much is rent for a Cheap One Bedroom Near Southside Apartment?
The lowest price for a Cheap One Bedroom Near Southside Apartment is $830 at Madison Lofts.
What is the lowest price for a Cheap Two Bedroom Near Southside Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Near Southside is starting from $945 at Country Club Apartments.
What is the most affordable Near Southside Three Bedroom Apartment?
The best deal on a cheap Near Southside Three Bedroom Apartment rental is at 220 Meridian and starts from $3,807.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.