
Cheap Homes for Rent in Near Southside Neighborhood of Indianapolis, IN from $600 (31 Rentals)
Search the lowest-cost Homes available for rent right now in the Near Southside area of Indianapolis.


4 E Washington St

2340 Calhoun St

1703.5 E Michigan St
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.

1910 Southeastern Ave

1940 Shelby St

2826 S Pennsylvania St

1948 Shelby St

1609 S Randolph St

3 E Washington St

2002 Shelby St

1604 E Legrande Ave

641 Birch Ave
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.

336 Prospect St

2106 Singleton St

340 Prospect St

2519 Southeastern Ave

1134 Blaine Ave

1803 Westview Dr

2409 1/2 E Washington 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.

37 N Randolph St

2034 Singleton St

926 Elm St

2354-2356 Shelby St

248 N Beville 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!

246 N Beville Ave

2331 Spann Ave

1135 S Richland St

920 Dawson St

1034 St Paul St

1645 Asbury St
Near Southside, Indianapolis, IN Local Guide

How much does it cost to rent a home in Near Southside?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Near Southside 2 Bedroom Homes for Rent | $1,758 | $906 | $3,850 |
Near Southside 3 Bedroom Homes for Rent | $1,872 | $1,075 | $6,200 |
Near Southside 4 Bedroom Homes for Rent | $3,136 | $2,200 | $4,850 |
Near Southside 5 Bedroom Homes for Rent | $2,210 | $1,500 | $2,695 |
Browse Homes for Rent 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.
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Near Southside, Indianapolis, IN Local Guide
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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
How much rent can you afford?
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Frequently Asked Questions about Near Southside
What type of rentals are currently available in Near Southside?
There are currently 165 Apartments for Rent in Near Southside, IN with pricing that ranges from $455 to $16,890. There are also 109 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near Southside ranging from $695 to $6,200.
What is the current price range for Rental Homes in Near Southside?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Near Southside ranges from $695 to $6,200 with an average monthly rent of $1,911.
How much are larger Three and Four Bedroom Rentals in Near Southside?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Near Southside range from $1,400 to $9,585, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,075 to $6,200. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,680.
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.