
Cheap Apartments for Rent in the Near Southside Neighborhood of Indianapolis, IN from $500 (100 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Near Southside area of Indianapolis.


Lockerbie Lofts

333 Penn Apartments

Pinnex

Leo

1202 Hoefgen St, Unit 1202

1706 E Tabor St

512 S State Ave

405 N Walcott St

Koehne Commons Apartments
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.

Volrath

Parkside Living Apartments

318 Parkway Ave

Garfield Terrace Apartments

Garfield Place

Garfield Parkside Townhomes

2209 E New York St

2002 1/2 Shelby St

550 Fletcher Ave

1444 S Richland St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

906 Laurel St

2201 E New York St

1629 Spruce St

2177 S Delaware St

33 1/2 Miley Ave

Mayleeno

Indy Downtown Colonial Apartments

1339 W Lee St

1337 W Lee St

341 S Randolph St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1354 Shelby St

1626 Lawton Ave

228 N Tacoma Ave

The Vue

Grid

2746 Shelby St

1013 E Legrande Ave

1529 Dawson St

1524 E Legrande Ave

2342 E Legrande Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

3206 S Temple Ave

Ohio Street TownHomes

Blacherne Apartments

2224 S Keystone Ave

City's End

1342 W Lee St

2036 Calhoun St

450 N Massachusetts Ave

12 N Randolph St

1438 S Meridian St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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 |
Browse Apartments in this Neighborhood
There are currently 100 rentals with your search options within a 2 mile radius of the Near Southside Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore 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 $1,052.
What is the price of a cheap apartment in Near Southside?
The cheapest apartment in Near Southside is Volrath which is listed at $599, while the average apartment in Near Southside costs $1,638.
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 38 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 $274 which is $1,364 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

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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
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.

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
Written by: Robin Stewart
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.