
Cheap Apartments for Rent in the Near Southside Neighborhood of Indianapolis, IN from $500 (118 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the Near Southside area of Indianapolis.


Pulliam Square

Ardmore Apartments

Total Monthly Price
1337 Prospect St, Unit 3

360 Market Square

1437 S East St

Canal Overlook Apartments

The Block

43 N Randolph St

Koehne Commons Apartments
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.

117 E Palmer St

1755 W Morris St

Parkside Living Apartments

Garfield Terrace Apartments

Garfield Place

2826 S Pennsylvania St

336 Prospect St

550 Fletcher Ave

1640 Asbury St

403 S Randolph St
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.

245 S Randolph St

2130 Spann Ave

1952 Shelby St

Mayleeno

1354 Shelby St

1626 Lawton Ave

3052 Carson Ave

1805 Calhoun St

Grid

33 Miley 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!

2905 Tindall St

Ohio Street TownHomes

Blacherne Apartments

1828 Hoyt Ave

1619 S Randolph St

2036 Calhoun St

1737 Terrace Ave

City's End

The Vue

450 N Massachusetts Ave

1514 Ringgold Ave

1501 Union St

1122 S Meridian St

1402-1404 Charles St

55 S Harding St

1518 Howard St

2314 Union St

229 N Richland St

1502 Lexington Ave

2031 Southeastern 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 | $1,498 | $774 | $3,469 |
| Near Southside 1 Bedroom Apartments | $1,697 | $649 | $4,071 |
| Near Southside 2 Bedroom Apartments | $2,279 | $846 | $4,788 |
| Near Southside 3 Bedroom Apartments | $3,375 | $1,300 | $7,359 |
| Near Southside 4 Bedroom Apartments | $5,387 | $4,469 | $6,306 |
Browse Apartments in this Neighborhood
There are currently 118 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 $980.
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 $13,671.
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 63 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 $264 which is $13,407 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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.