6262 Eastridge Dr
IndianapolisIN46219
Cheap Homes for Rent in South Franklin Avenue Neighborhood of Indianapolis, IN from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the South Franklin Avenue area of Indianapolis.
6134 Nelson Pl
IndianapolisIN46219
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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6203 E 11th St
IndianapolisIN46219
1260 N Ridgeview Dr
IndianapolisIN46219
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
6128 E 11th St
IndianapolisIN46219
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South Franklin Avenue, Indianapolis, IN Local Guide
How much does it cost to rent a home in South Franklin Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Franklin Avenue 2 Bedroom Homes for Rent | $1,187 | $950 | $2,000 |
| South Franklin Avenue 3 Bedroom Homes for Rent | $1,816 | $1,500 | $2,600 |
| South Franklin Avenue 4 Bedroom Homes for Rent | $1,903 | $1,700 | $2,010 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the South Franklin Avenue Neighborhood of Indianapolis, IN.
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Cheapest Available South Franklin Avenue Apartments for Rent
The cheapest available apartment rental in the South Franklin Avenue area of Indianapolis, IN is a Studio unit found at Serenity Manor 55+ Independent Active Living priced from $715. Olivewood has the second lowest priced unit, which is a Studio apartment currently listed from $780. Here are the most affordable South Franklin Avenue apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Serenity Manor 55+ Independent Active Living | Studio | Studio,1BA | $715 |
| Olivewood | Studio | Studio,1BA | $780 |
| English Village | Classic One Bedroom Apartment Home | 1BR,1BA | $850 |
Best Value Apartments for Rent in South Franklin Avenue, IN
As of April 09, 2026 the best value apartment in the South Franklin Avenue area is the $0.99 price per square foot The Estate - Two Bedroom 1.5 Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,209. The second greatest value South Franklin Avenue apartment is the 7302 East Washington Street Model at 7302 East Washington Street, Unit A starting at $1,250 with a $1.04 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for South Franklin Avenue apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Paragon Park | The Estate - Two Bedroom 1.5 Bath | 2BR,1.5BA | $0.99 |
| 7302 East Washington Street, Unit A | 7302 East Washington Street | Studio ,1.5BA | $1.04 |
| 60 - ADDISON APARTMENTS | 2nd Floor Standard + W/D Hookups | 2BR,1BA | $0.96 |
| School 85 | A | 1BR,1BA | $1.21 |
| The Vistas Apartment Homes | 2x1,5 Townhome Classic | 2BR,1.5BA | $1.08 |
| Stonehenge | Two Bed Two Bath with Master Bed | 2BR,2BA | $1.36 |
| Wyndham Hall | 2 Bedroom | 2BR,1.5BA | $1.44 |
| English Village | Premium Two Bedroom Apartment Home | 2BR,1BA | $1.49 |
| Serenity Manor 55+ Independent Active Living | Studio | Studio ,1BA | $1.19 |
| Saxony Court | 1BD - New Floors | 1BR,1BA | $1.50 |
Frequently Asked Questions about South Franklin Avenue
What type of rentals are currently available in South Franklin Avenue?
There are currently 52 Apartments for Rent in South Franklin Avenue, IN with pricing that ranges from $715 to $1,838. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Franklin Avenue ranging from $950 to $2,600.
What is the current price range for Rental Homes in South Franklin Avenue?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Franklin Avenue ranges from $950 to $2,600 with an average monthly rent of $1,501.
How much are larger Three and Four Bedroom Rentals in South Franklin Avenue?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South Franklin Avenue range from $1,711 to $1,824, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,775.
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.
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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
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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.