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$1,700 - $1,8503 Bedroom Apartments Available Now
Lakes of Windsor
7251 Windsor Lakes DrIndianapolis, IN 46237
3 Bedroom Apartments for Rent in the South Franklin Neighborhood of Indianapolis, IN (37 Rentals)
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$2,000 - $2,0203 Bedroom Apartments Available Now
ARLO Apartments
5945 Arlo DrIndianapolis, IN 46237
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$1,545 - $1,5473 Bedroom Apartments Available Nov 21
Overlook at Valley Ridge Apartments
6810 Valley Ridge DrIndianapolis, IN 46237
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Rent Specials
$1,670 - $2,9743 Bedroom Apartments Available Now
Latitudes Apartments
8940 Latitudes DrIndianapolis, IN 46237
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$2,1753 Bedroom Apartments Available Oct 1
Coventry Park Village
5500 S Emerson AveIndianapolis, IN 46237
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$5,433
Total Monthly Price
Base Rent$5,433
Total Monthly Price$5,433
8209 Parsley Ln, Unit SI ID1397953P
8209 Parsley LnIndianapolis, IN 46237
5341 Waterton Lakes Dr
IndianapolisIN46237
4645 Deacon Ln
IndianapolisIN46237
5313 Himalayan Dr
IndianapolisIN46239
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.
5435 Durango Ct
IndianapolisIN46237
5661 Grassy Bank Dr
IndianapolisIN46237
7457 Kidwell Dr
IndianapolisIN46239
8309 Brambleberry Dr
IndianapolisIN46239
5030 Thompson Park Blvd
IndianapolisIN46237
10714 Gathering Dr
IndianapolisIN46259
5660 Grassy Bank Dr
IndianapolisIN46237
5204 Bahia Dr
IndianapolisIN46237
8316 Crosser Dr
IndianapolisIN46237
Exploring Rental Options: Apartments, Townhomes, and Lofts—Oh My!
Looking for the perfect rental? From apartments and condos to lofts and single family rentals, explore the unique pros and cons of each rental type to help you land in your perfect new place.
5824 Twin River Ln
IndianapolisIN46239
5223 Waterton Lakes Dr
IndianapolisIN46237
6035 Aspen Meadow Dr
IndianapolisIN46237
6702 Revere Ln
IndianapolisIN46237
5635 Olive Branch Way
IndianapolisIN46237
5236 Choctaw Ridge Way
IndianapolisIN46239
8644 Hornady Dr
IndianapolisIN46239
6726 Aviva Way
IndianapolisIN46237
5435 Durango Ct
IndianapolisIN46237
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.
5532 Burning Tree Ct
IndianapolisIN46239
5505 Straw Hat Dr
IndianapolisIN46237
8636 E Edgewood Ave
IndianapolisIN46239
5739 Ensenada Ave
IndianapolisIN46237
8421 Banyan Ln
IndianapolisIN46237
5244 Rocky Mountain Dr
IndianapolisIN46237
10608 Mangrove Dr
IndianapolisIN46239
8103 Crackling Ln
IndianapolisIN46259
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3 Bedroom Apartments
Crossroads at Southport
8271 Leatherwood CtIndianapolis, IN 46259
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!
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$1,825 - $1,9003 Bedroom Apartments Available Now
Arlington Farms
2755 Red Bloom DrGreenwood, IN 46143
Showing Results 1-37, Page 1 of 1
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 | $1,330 | $1,320 | $1,340 |
| South Franklin 1 Bedroom Apartments | $1,252 | $938 | $1,921 |
| South Franklin 2 Bedroom Apartments | $1,563 | $991 | $2,349 |
South Franklin 3 Bedroom Apartments | $1,906 | $1,545 | $5,433 |
| South Franklin 4 Bedroom Apartments | $2,008 | $2,008 | $2,008 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 37 rentals with your search options within a 2 mile radius of the South Franklin Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
South Franklin, Indianapolis, IN Local Guide
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Largest Available South Franklin 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in the South Franklin area of Indianapolis, IN is found at Arlington Farms and is listed at 1,525 square feet priced from $1,825. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Arlington Farms | 3 Bed, 2 Bath | 1,525 Sq Ft | $1,825 |
| Lakes of Windsor | Windsor | 1,402 Sq Ft | $1,700 |
| ARLO Apartments | Otis | 1,369 Sq Ft | $2,000 |
| Latitudes Apartments | The Constellation 3 BR 2 BA | 1,364 Sq Ft | $1,670 |
Cheapest Available South Franklin 3 Bedroom Apartments
Currently the lowest priced 3 Bedroom apartment unit South Franklin of Indianapolis, IN is the The Constellation 3 BR 2 BA Model starting from $1,670 at Latitudes Apartments. The average price for all 3 Bedroom apartments in South Franklin is currently $1,906. Here is today’s list of the cheapest available 3 Bedroom options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Latitudes Apartments | The Constellation 3 BR 2 BA | $1,670 |
| Lakes of Windsor | Windsor | $1,700 |
| Arlington Farms | 3 Bed, 2 Bath | $1,825 |
| ARLO Apartments | Otis | $2,000 |
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.
Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Best Local Schools in South Franklin, Indianapolis, IN
Lillie Idella Kitley Elementary
Franklin Township Com Sch Corp
Public School - Grades K-5 (1178)
4 out of 10
Franklin Central High School
Franklin Township Com Sch Corp
Public School - Grades 9-12 (3438)
7 out of 10
Franklin Central Junior High
Franklin Township Com Sch Corp
Public School - Grades 6-8 (1797)
5 out of 10
School data provided by Great Schools
Frequently Asked Questions about 3 Bedroom South Franklin Apartments
How much is the average rent for a 3 Bedroom South Franklin Apartment?
The average rent for a 3 Bedroom Apartment in South Franklin is $1,906.
What is the largest available 3 Bedroom South Franklin Apartment for rent?
Today's apartment with the most square footage in South Franklin is a 1,525 square feet unit starting from $1,825 at Arlington Farms.
What is the average size for South Franklin 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in South Franklin is currently 1,637 sq ft.
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
Welcome to Indy: A Local Expert's Guide to the City's Best Short-Term Rental Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I am the local expert for ApartmentHomeLiving.com in the Indianapolis area. Being born and raised in Indiana, I know the true meaning of Hoosier hospitality.
Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
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.
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.
Articles, How-To's, and Tips
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.