528 E Raymond St
IndianapolisIN46203
Cheap Homes for Rent in South Village Neighborhood of Indianapolis, IN from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the South Village area of Indianapolis.
2826 S Pennsylvania St
IndianapolisIN46225
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722 E Yoke St
IndianapolisIN46203
151 Bakemeyer St
IndianapolisIN46225
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South Village, Indianapolis, IN Local Guide
How much does it cost to rent a home in South Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Village 2 Bedroom Homes for Rent | $1,553 | $906 | $2,200 |
| South Village 3 Bedroom Homes for Rent | $1,663 | $1,495 | $1,895 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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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Cheapest Available South Village Apartments for Rent
The cheapest available apartment rental in the South Village area of Indianapolis, IN is a 1 Bed unit found at Garfield Park Village priced from $779. Pine Glen has the second lowest priced unit, which is a 1 Bed apartment currently listed from $945. Here are the most affordable South Village apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Garfield Park Village | 1/1 Vintage | 1BR,1BA | $779 |
| Pine Glen | Cedar Renovated | 1BR,1BA | $945 |
| Lofts on Madison | Studio | Studio,1BA | $999 |
Best Value Apartments for Rent in South Village, IN
As of September 12, 2025 the best value apartment in the South Village area is the $1.26 price per square foot M Model at Wheeler Lofts in the in the Concord neighborhood starting from $1,871. The second greatest value South Village apartment is the 2 Bed 2 Bath Model at The Assumption on Blaine starting at $1,775 with a $1.35 price per square foot in the Concord neighborhood. Here is today’s list of the best values for South Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wheeler Lofts | M | 2BR,1BA | $1.26 |
| The Assumption on Blaine | 2 Bed 2 Bath | 2BR,2BA | $1.35 |
| Fountain Square Townhomes | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.35 |
| 4946 Camden St, Unit Little Camden | 4946 Camden St | 2BR,1BA | $1.50 |
| Fox Club | Two Bedroom Two Bath | 2BR,2BA | $1.13 |
| Welcome to Dawson Village – Welcome Home! | 2 BR/1 BA - TOWN HOME | 2BR,1BA | $1.11 |
| Madison Lofts | The Villa 2x1 | 2BR,1BA | $1.44 |
| 2209 Ransdell St, Unit 101 | 2209 Ransdell St | 2BR,1BA | $1.31 |
| One Somerset Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.39 |
| City Heights | 1A | 1BR,1BA | $1.44 |
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Pet Friendly LifestyleSouth Village, Indianapolis, IN
Ranked #82
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about South Village
What type of rentals are currently available in South Village?
There are currently 42 Apartments for Rent in South Village, IN with pricing that ranges from $779 to $4,292. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Village ranging from $906 to $2,200.
What is the current price range for Rental Homes in South Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Village ranges from $906 to $2,200 with an average monthly rent of $1,608.
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 Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.