
Cheap Homes for Rent in the Near Southside Neighborhood of Indianapolis, IN from $600 (45 Rentals)
Search the lowest-cost Homes available for rent right now in the Near Southside area of Indianapolis.


2209 E New York St, Unit B

2826 S Pennsylvania St

340 Prospect St

2209 E New York St

1723 Laurel St

2002 1/2 Shelby St

2145 Singleton St

2527 Shelby St
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1444 S Richland St

471 N State Ave

906 Laurel St

1944 Shelby St

33 1/2 Miley Ave

112 Adler St

1757 Howard St

1339 W Lee St

1626 Lawton Ave
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1010 Bates St

228 N Tacoma Ave

3206 S Temple Ave

1013 E Legrande Ave

2201 E New York St, Unit D

1524 E Legrande Ave

450 Shelby St

1529 Dawson St

2517 Villa Ave
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1737 Terrace Ave

2036 Calhoun St

2342 E Legrande Ave

2231 Union St

1825 E Legrande Ave

1202 Hoefgen St, Unit 1202

12 N Randolph St

1307 Wright St

2224 S Keystone 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!

1307 S Senate Ave, Unit 1309

1309 S Senate Ave

417 N State Ave

903 Palmer St

2018 Boyd Ave

1603 Woodlawn Ave

1617 Cottage Ave

1541 E Ohio St

1375 E Minnesota St
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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 | $1,449 | $900 | $2,300 |
| Near Southside 3 Bedroom Homes for Rent | $1,767 | $800 | $3,520 |
| Near Southside 4 Bedroom Homes for Rent | $2,422 | $1,595 | $4,750 |
Browse Homes for Rent in this Neighborhood
There are currently 45 rentals with your search options within a 2 mile radius of the Near Southside Neighborhood of Indianapolis, IN.
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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 1 Bed unit found at Volrath priced from $775. Garfield Park Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Near Southside apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Volrath | 1BR/1.0BA | 1BR,1BA | $775 |
| Garfield Park Village | 1/1 Renovated | 1BR,1BA | $799 |
| The Davlan | 2-1 | 2BR,1BA | $846 |
| Madison Lofts | 1 Bedroom 1 Bathroom | 1BR,1BA | $899 |
| Dawson Village | 2 BR/1 BA - FLATS | 2BR,1BA | $899 |
| Line Lofts | The Inspiraton 50% | 2BR,1BA | $1,014 |
| 522 Fletcher Ave | *ONE FREE MONTH OF RENT* 522 Fletcher Ave - 1 ... | 1BR,1BA | $1,025 |
| Lofts on Madison | Studio, 1 bath | Studio,1BA | $1,050 |
| The Assumption on Blaine | 1 Bed 1 Bath | 1BR,1BA | $1,100 |
| The Vue | STUDIO APARTMENT | Studio,1BA | $1,111 |
Best Value Apartments for Rent in Near Southside, IN
As of July 29, 2026 the best value apartment in the Near Southside area is the $0.75 price per square foot 246 N Beville Ave Model at 246 N Beville Ave, Unit 1 in the in the Indy East neighborhood starting from $1,500. The second greatest value Near Southside apartment is the 2 Beds, 2.5 Baths Model at 402 E New York St starting at $1,849 with a $1.55 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. |
|---|---|---|---|
| 246 N Beville Ave, Unit 1 | 246 N Beville Ave | 3BR,2BA | $0.75 |
| 402 E New York St | 2 Beds, 2.5 Baths | 2BR,2.5BA | $1.55 |
| Line Lofts | The Intuition 60% | 2BR,1BA | $1.36 |
| The Davlan | 2-1 | 2BR,1BA | $0.95 |
| The Assumption on Blaine | 1 Bed 1 Bath | 1BR,1BA | $1.31 |
| 522 Fletcher Ave | *ONE FREE MONTH OF RENT* 522 Fletcher Ave - 1 ... | 1BR,1BA | $1.40 |
| Dawson Village | 2 Bedroom Flat - Updated Floors/Appliances | 2BR,1BA | $1.36 |
| Madison Lofts | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.44 |
| Garfield Park Village | 2/1 Renovated | 2BR,1BA | $1.61 |
| Volrath | 1BR/1.0BA | 1BR,1BA | $1.29 |
Frequently Asked Questions about Near Southside
What type of rentals are currently available in Near Southside?
There are currently 192 Apartments for Rent in Near Southside, IN with pricing that ranges from $556 to $14,232. There are also 149 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near Southside ranging from $650 to $4,750.
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 $650 to $4,750 with an average monthly rent of $1,712.
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 $975 to $7,290, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $3,520. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $970.
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

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Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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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.

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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.

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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.

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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.

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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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.