
Apartments for Rent in the South Franklin Neighborhood of Indianapolis, IN (76 Rentals)


Redwood Indianapolis

Lakes of Windsor

Keeneland Crest Apartments

Latitudes Apartments

Overlook at Valley Ridge Apartments

Emerson Village

Heathmoore - Indianapolis

Kinwood Place

Coventry Park Village
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.

9137 Hemingway Dr

8303 Southern Springs Dr

5425 Wood Hollow Dr

5601 Skipping Stone Dr

7161 Lakeland Trails Blvd

8035 Pavilion Ct

5934 Parterra Dr

5422 Pecos Ct

7223 Fields Way

7215 Kidwell Dr
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.

5330 Basin Park Dr

8146 Firefly Way

8208 Firefly Way

8406 Southern Springs Way

6847 Tadpole Ct

5242 Basin Park Dr

8116 Borland Dr

6228 Glenshire Ln

5402 Rocky Mountain Dr

8339 Firefly Way
South Franklin - 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!

8331 Amarillo Dr

8243 Retreat Ln

4714 Angelica Dr

8842 Faulkner Dr

8158 Retreat Ln

6917 Merryhill Dr

8144 Wood Hollow Ln

8044 Borland Dr

6834 Turnberry Way

8959 Hemingway Dr
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.

5804 Foolish Pleasure Ln

7927 Newhall Way

5333 Padre Ln

8018 Ithaca Way

6233 Carrie Cir

Franklin Township Three Bedroom Ranch

6421 Longhorn Ct

5437 Kidwell Ct

5150 Pappas Dr

7913 Meadow Bend Ln
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.
South Franklin, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in South Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Franklin Studio Apartments | $1,252 | $775 | $1,360 |
| South Franklin 1 Bedroom Apartments | $1,301 | $1,017 | $3,020 |
| South Franklin 2 Bedroom Apartments | $1,560 | $1,014 | $2,825 |
| South Franklin 3 Bedroom Apartments | $1,806 | $1,503 | $2,100 |
| South Franklin 4 Bedroom Apartments | $1,943 | $1,687 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 76 rentals with your search options within a 2 mile radius of the South Franklin Neighborhood of Indianapolis, IN.
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Frequently Asked Questions about South Franklin
How much are Studio apartments in South Franklin?
There are currently 4 Studio Apartments in South Franklin with rent ranges from $775 to $1,360 with an average price of $1,252.
What is the current price range for One Bedroom South Franklin Apartments for rent?
Today's rental pricing for One Bedroom Apartments in South Franklin ranges from $1,017 to $3,020 with an average monthly rent of $1,301.
What does renting a Two Bedroom Apartment in South Franklin cost?
The monthly rent prices of Two Bedroom Apartments currently available in South Franklin range from $1,014 to $2,825. Today's average rental price for Two Bedrooms here is $1,560.
How expensive are South Franklin Three Bedroom Apartments?
There are currently 17 Three Bedroom Apartments listings available in South Franklin on ApartmentHomeLiving.com. The pricing ranges from $1,503 to $2,100 - averaging $1,806 for the location.
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.
Articles, How-To's, and Tips

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.