
Apartments for Rent with Specials in the South Village Neighborhood of Indianapolis, IN (9 Rentals)
Apartments in the South Village area of Indianapolis with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.


Madison Lofts

Capital Place

Pine Glen
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.

Union Square

Edge 35

Thompson Village Apartments

Lofts on Madison
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.

City Heights
South Village, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in South Village?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Village Studio Apartments | $1,340 | $600 | $2,260 |
South Village 1 Bedroom Apartments | $1,349 | $749 | $4,072 |
South Village 2 Bedroom Apartments | $1,587 | $899 | $3,623 |
South Village 3 Bedroom Apartments | $2,771 | $1,360 | $4,804 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the South Village Neighborhood of Indianapolis, IN.
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South Village, Indianapolis, IN Local Guide
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Top Indianapolis Apartments in the South Village Area with Move-In Specials Ending Soon
Specials updated: 06-26-2025Take advantage of these move-in and rent specials that are ending soon for top South Village, IN apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
Edge 35
Summer specials! Contact us today to learn more about our pricing specials! We Made The List! Nolan Living was recognized by J Turner Research as one of the Division IV ORA Power Rankings Top 25 Management Companies with the best online reputation in 2024!Expires 06-26-2025
Madison Lofts
NEW LOWERED RATES on select homes! Apply today and SAVE!Expires 06-26-2025
Pinnex
Summer special! Call and ask about our special pricing! We Made The List! Nolan Living was recognized by J Turner Research as one of the Division IV ORA Power Rankings Top 25 Management Companies with the best online reputation in 2024!Expires 06-26-2025
Union Square
Season for Savings! 1 month free rent on a 13-15 month lease. Must move in by June 30, 2025 *Restrictions Apply*Expires 06-26-2025
Thompson Village Apartments
Limited Apartment Availability! Apply by 6/30 to Waive Your Application Fee. Certain restrictions apply.Expires 06-26-2025
City Heights
Stop by Tuesday, Wednesday, or Thursday this week for our Application Event! Select your NEW apartment and be one of the first to call City Heights your new home!Expires 06-27-2025
Capital Place
APPLY NOW, We have 1, 2 bedroom Townhomes and Apartments available for immediately move-in. MOVE-IN BY 06.30.2025 GET $200 OFF MOVE-IN FEES and $400 OFF SEPTEMBER RENT. APPLICATION FEE ONLY $49 OFFER ENDS SOON! All Specials and availability are subject to change without notice. DONT MISS OUT ON THIS GREAT SPECIAL!!!!!!!!!!!!! apply at https://wwwDOTcapItalplacebyelonDOTcomExpires 06-30-2025
Newly Listed Move-In Specials offers for Apartments in South Village, IN
Specials updated: 06-26-2025Here are the most recently added special offers for renters looking to find the best deals on apartments in South Village, IN. Be sure to take advantage of some of the area’s top offers.
Capital Place
APPLY NOW, We have 1, 2 bedroom Townhomes and Apartments available for immediately move-in. MOVE-IN BY 06.30.2025 GET $200 OFF MOVE-IN FEES and $400 OFF SEPTEMBER RENT. APPLICATION FEE ONLY $49 OFFER ENDS SOON! All Specials and availability are subject to change without notice. DONT MISS OUT ON THIS GREAT SPECIAL!!!!!!!!!!!!! apply at https://wwwDOTcapItalplacebyelonDOTcomExpires 06-30-2025
City Heights
Stop by Tuesday, Wednesday, or Thursday this week for our Application Event! Select your NEW apartment and be one of the first to call City Heights your new home!Expires 06-27-2025
Quick 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.
Getting Around the South Village Neighborhood in Indianapolis, IN
Walk Score®
48 / 100
Car-Dependent
Most errands require a car
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
27 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Rent Specials South Village Apartments
What is the Cheapest Rent Specials apartment in South Village?
Currently the most affordable Rent Specials Apartment in South Village is at Madison Lofts listed at $830.
How much is the average rent for a Rent Specials South Village Apartment?
The average rent for a Rent Specials Apartment in South Village is $1,640.
What is the largest Rent Specials South Village Apartment for rent?
Today's Rent Specials apartment with the most square footage in South Village is a 1,499 square feet unit starting from $1,306 at Pinnex.
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.

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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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.