
Cheap Homes for Rent in South Perry Neighborhood of Indianapolis, IN from $1,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the South Perry area of Indianapolis.


2705 Palo Verde Ct

8361 Paso Del Norte Ct
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.

8546 Palo Verde Terrace

712 Daffon Dr

3324 Oak Tree Dr S
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.

3731 E Stop 11 Rd
South Perry, Indianapolis, IN Local Guide

How much does it cost to rent a home in South Perry?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Perry 2 Bedroom Homes for Rent | $1,237 | $1,200 | $1,275 |
South Perry 3 Bedroom Homes for Rent | $1,672 | $1,500 | $1,845 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the South Perry Neighborhood of Indianapolis, IN.
Explore Indianapolis
Cheapest Available South Perry Apartments for Rent
 The cheapest available apartment rental in the South Perry area of Indianapolis, IN is a 1 Bed unit found at Windsor Court priced from $784. South & Madison has the second lowest priced unit, which is a Studio apartment currently listed from $840. Here are the most affordable South Perry apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Windsor Court | Standard One Bedroom (SN4) | 1BR,1BA | $784 |
South & Madison | E2 | Studio,1BA | $840 |
The Sycamores | A1 The Sycamores 1/1 | 1BR,1BA | $950 |
Best Value Apartments for Rent in South Perry, IN
As of May 29, 2025 the best value apartment in the South Perry area is the $1.46 price per square foot The Redwood Model at The Timbers Apartments in the in the Edgewood Avenue neighborhood starting from $2,183. The second greatest value South Perry apartment is the 2 Bedroom Townhome Model at SOUTHPORT AT BUCK CREEK starting at $1,239 with a $0.89 price per square foot in the Thompson-Edgewood neighborhood. Here is today’s list of the best values for South Perry apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Timbers Apartments | The Redwood | 3BR,2BA | $1.46 |
SOUTHPORT AT BUCK CREEK | 2 Bedroom Townhome | 2BR,1.5BA | $0.89 |
South Haven Village Apartments | 3x2.5 TH | 3BR,2.5BA | $1.17 |
Fountain Lake Villas | The Herrington | 2BR,1BA | $1.27 |
Brookwood Apartments | Sycamore Two | 3BR,1.5BA | $1.42 |
The Sycamores | B2 The Spruce 2/2 | 2BR,2BA | $1.38 |
Berkley Commons | Two Bedroom 1.5 Bath TH | 2BR,1.5BA | $1.27 |
Oak Park | Forest | 1BR,1BA | $1.17 |
Waterford Place Apartments | The Dublin | 2BR,1BA | $1.37 |
The Sterling | The Remington | 2BR,1BA | $1.22 |
Frequently Asked Questions about South Perry
What type of rentals are currently available in South Perry?
There are currently 36 Apartments for Rent in South Perry, IN with pricing that ranges from $415 to $2,183. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Perry ranging from $1,200 to $1,845.
What is the current price range for Rental Homes in South Perry?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Perry ranges from $1,200 to $1,845 with an average monthly rent of $1,454.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.