
Apartments for Rent in the South Franklin Neighborhood of Indianapolis, IN (62 Rentals) Page 2 of 2


5037 Modernist Blvd

5412 E Edgewood Ave

4933 Opal Ridge Ln

5249 Yucatan Dr

Arlington Farms
Neighborhood & Market Insights: How to Choose the Right Area to Rent
Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

Brixton

Crossroads at Southport

Parks at Glen Ridge by Pyatt Builders

7849 Ithaca Way

Heathmoore - Indianapolis

Farhill Lake Apartments
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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 | $1,340 | $1,320 | $1,360 |
| South Franklin 1 Bedroom Apartments | $1,259 | $938 | $1,868 |
| South Franklin 2 Bedroom Apartments | $1,558 | $991 | $2,464 |
| South Franklin 3 Bedroom Apartments | $1,815 | $1,523 | $2,175 |
| South Franklin 4 Bedroom Apartments | $1,687 | $1,687 | $1,687 |
How much does it cost to rent a home in South Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $1,800 | $1,800 | $1,800 |
| 3 Bedroom Homes | $1,986 | $1,550 | $2,640 |
| 4 Bedroom Homes | $2,639 | $2,069 | $4,950 |
| 5 Bedroom Homes | $2,573 | $2,050 | $3,200 |
Browse Apartments in this Neighborhood
There are currently 62 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
What is the current pricing and availability for apartments for rent in the South Franklin area of Indianapolis, IN?
As of today, August 04, 2026, there are currently 62 available South Franklin apartments priced from $938 to $2,800, with an average monthly rent of $1,562.
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 $938 to $1,868 with an average monthly rent of $1,259.
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 $991 to $2,464. Today's average rental price for Two Bedrooms here is $1,558.
How expensive are South Franklin Three Bedroom Apartments?
There are currently 8 Three Bedroom Apartments listings available in South Franklin on ApartmentHomeLiving.com. The pricing ranges from $1,523 to $2,175 - averaging $1,815 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.
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