
Apartments for Rent in the South Franklin Avenue Neighborhood of Indianapolis, IN Under $2,000 (62 Rentals)


Indy Town Apartments

Indy 7925

The Vistas Apartment Homes

Paragon Park

Serenity Manor 55+ Independent Active Living

Stonehenge

Parkhaven Apartments

The Aerie on 11th Street

Wyndham Hall Senior
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.

Olivewood

7302 East Washington Street, Unit A

6207 E 12th St, Unit 6209

8360 Sotheby Dr

9045 E 18th St

311 N Boehning St

7750 Cross Willow Blvd

7621 Blue Willow Dr

6062 E 16th St

6056 E 16th 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.

6054 E 16th St

1903 Windy Hl Ln

6667 E 17th St

9033 E 12th St

8060 Chesterhill Way

7032 E 10th St

6054 E 16th St

1903 Windy Hl Ln

328 N Post Rd

9033 E 12th St
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.

64 S Galeston Ave

238 Legends Creek Way

6667 E 17th St

133 S Sheridan Ave

2107 N Kenyon St

41 Rosemere Ave

136 S Webster Ave

2114 N Kitley Ave

2115 N Kenyon St

2114 N Kenyon 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.

2125 N Kenyon St

1434 N Campbell Ave

6056 E 16th St

6062 E 16th St

6264 Eastridge Dr

6228 East 21st St

6226 East 21st St

5963 Rawles Ave
South Franklin Avenue - 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!
South Franklin Avenue, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in South Franklin Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Franklin Avenue Studio Apartments | $850 | $699 | $1,250 |
| South Franklin Avenue 1 Bedroom Apartments | $992 | $795 | $1,142 |
| South Franklin Avenue 2 Bedroom Apartments | $1,043 | $795 | $1,609 |
| South Franklin Avenue 3 Bedroom Apartments | $1,613 | $1,521 | $1,711 |
| South Franklin Avenue 4 Bedroom Apartments | $2,100 | $2,100 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 62 rentals with your search options within a 2 mile radius of the South Franklin Avenue Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Frequently Asked Questions about South Franklin Avenue
How much are Studio apartments in South Franklin Avenue?
There are currently 13 Studio Apartments in South Franklin Avenue with rent ranges from $699 to $1,250 with an average price of $850.
What is the current price range for One Bedroom South Franklin Avenue Apartments for rent?
Today's rental pricing for One Bedroom Apartments in South Franklin Avenue ranges from $795 to $1,142 with an average monthly rent of $992.
What does renting a Two Bedroom Apartment in South Franklin Avenue cost?
The monthly rent prices of Two Bedroom Apartments currently available in South Franklin Avenue range from $795 to $1,609. Today's average rental price for Two Bedrooms here is $1,043.
How expensive are South Franklin Avenue Three Bedroom Apartments?
There are currently 7 Three Bedroom Apartments listings available in South Franklin Avenue on ApartmentHomeLiving.com. The pricing ranges from $1,521 to $1,711 - averaging $1,613 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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

