
Pet Friendly Homes for Rent in the South Franklin Neighborhood of Indianapolis, IN (28 Rentals)
Homes for rent in the South Franklin area of Indianapolis that love your dogs or cats as much as you do!


5335 Kidwell Cir

5661 Grassy Bank Dr

5064 Parterra Ct

5219 Heathwood Dr

8309 Brambleberry Dr

5030 Thompson Park Blvd
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.

5373 Padre Ln

8039 Retreat Ln

10714 Gathering Dr

5866 Parterra Dr

5660 Grassy Bank Dr

5530 Wood Hollow Dr

5204 Bahia Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

6536 Frankenberger Dr

10616 Pavilion Dr

10718 Pavilion Dr

6035 Aspen Meadow Dr

6702 Revere Ln

5611 Olive Branch Way

5236 Choctaw Ridge Way
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.

4827 Lakestone Dr

6804 Smithfield Blvd

6802 Harriet Dr

8644 Hornady Dr

6314 Whitaker Farms Dr

5730 Fire Opal Wy

6745 Ennis 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!
South Franklin, Indianapolis, IN Local Guide

How much does it cost to rent a home in South Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Franklin 2 Bedroom Homes for Rent | $1,700 | $1,700 | $1,700 |
| South Franklin 3 Bedroom Homes for Rent | $1,956 | $1,435 | $2,745 |
| South Franklin 4 Bedroom Homes for Rent | $2,142 | $1,645 | $2,555 |
| South Franklin 5 Bedroom Homes for Rent | $2,598 | $2,400 | $2,900 |
Browse Homes for Rent in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the South Franklin Neighborhood of Indianapolis, IN.
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South Franklin, Indianapolis, IN Local Guide
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Best Local Schools in South Franklin, Indianapolis, IN
Lillie Idella Kitley Elementary
Franklin Central High School
Franklin Central Junior High
School data provided by Great Schools
Frequently Asked Questions about South Franklin
What type of rentals are currently available in South Franklin?
There are currently 22 Apartments for Rent in South Franklin, IN with pricing that ranges from $938 to $2,800. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Franklin ranging from $1,100 to $2,900.
What is the current price range for Rental Homes in South Franklin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Franklin ranges from $1,100 to $2,900 with an average monthly rent of $2,024.
How much are larger Three and Four Bedroom Rentals in South Franklin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South Franklin range from $1,670 to $2,175, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,435 to $2,745. Four Bedroom Single-Family rentals are also available starting from $1,645 and Four Bedroom Apartments start at $2,008.
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

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.

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.
Articles, How-To's, and Tips

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.