
Cheap Apartments for Rent in the Near Southside Neighborhood of Indianapolis, IN from $500 (112 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the Near Southside area of Indianapolis.


1202 Hoefgen St, Unit 1202, Unit 1202

332 N Arsenal Ave

1756-1756 S Delaware St

The Continental Towers at Vermont Place

Axis

Union Square

CityWay

55 S Harding St, Unit 210, Unit 210

1318 Shelby St
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

2018 Boyd Ave

Ardmore Apartments

The Block

1541 E Ohio St

907 Prospect St

512 S State Ave

Koehne Commons Apartments

Parkside Living Apartments

Garfield Terrace Apartments

Garfield Place
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.

518 S State Ave

2826 S Pennsylvania St

550 Fletcher Ave

336 Prospect St

1821 Lambert St

Mayleeno

Gathyr Apartments

1617 Lawton Ave

1354 Shelby St

2633 S Randolph St
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.

1626 Lawton Ave

1339 W Lee St

Grid

3206 S Temple Ave

1122 S Meridian St

Wheeler Lofts

Ohio Street TownHomes

Blacherne Apartments

1619 S Randolph St

1737 Terrace Ave
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!

55 S Harding St

City's End

439 N Forest Ave

228 N Tacoma Ave

1402-1404 Charles St

450 N Massachusetts Ave

1514 Ringgold Ave

944 E Minnesota St

The Vue

303 N State Ave
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 |
Browse Apartments in this Neighborhood
There are currently 112 rentals with your search options within a 2 mile radius of the Near Southside Neighborhood of Indianapolis, IN.
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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 Volrath which is listed at $649, 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
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.

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.

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.

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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
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.