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from $740Studio to 2 Bedroom Apartments Available Now
5700 Madison Apartments & Edgewood on Madison
5757 Madison AveIndianapolis, IN 46227
Cheap Apartments for Rent in the Southdale Neighborhood of Indianapolis, IN from $600 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southdale area of Indianapolis.
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from $8401 to 2 Bedroom Apartments Available Now
Meridian Court
7266 Lockwood LnIndianapolis, IN 46217
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from $8411 to 3 Bedroom Apartments Available Now
Brookwood Apartments
5301 S Turtle Creek South DrIndianapolis, IN 46227
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from $8991 to 3 Bedroom Apartments Available Now
Pine Glen
4259 Burkhart DrIndianapolis, IN 46227
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from $9301 to 3 Bedroom Apartments Available Now
Capital Place
4100 Continental CtIndianapolis, IN 46227
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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from $9501 to 3 Bedroom Apartments Available Now
The Sycamores
7913 Ella Dobbs LnIndianapolis, IN 46227
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from $1,0001 to 3 Bedroom Apartments Available Now
City Heights
457 Monument View DrIndianapolis, IN 46227
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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.
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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.
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Southdale, Indianapolis, IN Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Southdale?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southdale Studio Apartments | $956 | $740 | $1,105 |
| Southdale 1 Bedroom Apartments | $1,106 | $840 | $1,460 |
| Southdale 2 Bedroom Apartments | $1,262 | $911 | $1,795 |
| Southdale 3 Bedroom Apartments | $1,584 | $1,197 | $1,985 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Southdale Neighborhood of Indianapolis, IN.
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Southdale, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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Cheapest Available Southdale Apartments for Rent
The cheapest available apartment rental in the Southdale area of Indianapolis, IN is a Studio unit found at 5700 Madison Apartments & Edgewood on Madison priced from $740. South & Madison has the second lowest priced unit, which is a Studio apartment currently listed from $840. Here are the most affordable Southdale apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Cypress | Studio,1BA | $740 |
| South & Madison | E2 | Studio,1BA | $840 |
| Meridian Court | Villa | 1BR,1BA | $840 |
| Brookwood Apartments | Elm | 1BR,1BA | $886 |
| Pine Glen | One Bedroom One Bath | 1BR,1BA | $899 |
Best Value Apartments for Rent in Southdale, IN
As of July 14, 2025 the best value apartment in the Southdale area is the $1.42 price per square foot Oasis Model at Southern Dunes in the in the Meridian Woods Park neighborhood starting from $1,570. The second greatest value Southdale apartment is the Yellowstone Model at Dakota Ridge starting at $1,405 with a $1.36 price per square foot in the Shelby Street-Epler Avenue neighborhood. Here is today’s list of the best values for Southdale apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Southern Dunes | Oasis | 2BR,2BA | $1.42 |
| Dakota Ridge | Yellowstone | 2BR,2BA | $1.36 |
| Brookwood Apartments | Sycamore Two | 3BR,1.5BA | $1.33 |
| Lighthouse Landings | Eagle`s Island Lakeview | 2BR,1BA | $1.51 |
| The Sycamores | B2 The Spruce 2/2 | 2BR,2BA | $1.38 |
| Martinique Terrace | 1Bd/1Ba-Dn Mini W/D | 1BR,1BA | $1.35 |
| Creek Bay | 1Bed/1Bath Large | 1BR,1BA | $1.46 |
| Pine Glen | One Bedroom One Bath | 1BR,1BA | $1.14 |
| One Somerset Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.48 |
| City Heights | 1A | 1BR,1BA | $1.44 |
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Pet Friendly LifestyleSouthdale, Indianapolis, IN
Ranked #148
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Southdale Neighborhood in Indianapolis, IN
Walk Score®
42 / 100
Car-Dependent
Most errands require a car
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
20 / 100
Minimal Transit
It may be possible to get on a bus
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 Cheap Southdale Apartments
What is the Cheapest Studio apartment in Southdale?
Currently the most affordable Cheap Studio Apartment in Southdale is at 5700 Madison Apartments & Edgewood on Madison listed at $740.
How much is rent for a Cheap One Bedroom Southdale Apartment?
The lowest price for a Cheap One Bedroom Southdale Apartment is $840 at Meridian Court.
What is the lowest price for a Cheap Two Bedroom Southdale Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Southdale is starting from $999 at Pine Glen.
What is the most affordable Southdale Three Bedroom Apartment?
The best deal on a cheap Southdale Three Bedroom Apartment rental is at South & Madison and starts from $1,293.
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.
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.