Cheap Apartments for Rent in the Southdale Neighborhood of Indianapolis, IN from $600 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southdale area of Indianapolis.

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Crossroads at Madison
Studio to 2 Bedroom Apartments

Crossroads at Madison

4725 Madison AveIndianapolis, IN 46227
  • Utilities Included
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Estate View
1 to 2 Bedroom Apartments

Estate View

6768 S East StIndianapolis, IN 46227
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South & Madison
Studio to 3 Bedroom Apartments

South & Madison

1819 Madison Village DrIndianapolis, IN 46227
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Spicewood
Studio to 2 Bedroom Apartments

Spicewood

354 Spicewood DrIndianapolis, IN 46227

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Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Crossroads at Southgreen
1 to 2 Bedroom Apartments

Crossroads at Southgreen

5030 Southgreen DrIndianapolis, IN 46227
  • Utilities Included

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 $715. One Somerset has the second lowest priced unit, which is a 2 Beds apartment currently listed from $775. Here are the most affordable Southdale apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
5700 Madison Apartments & Edgewood on MadisonEdgewood - CypressStudio,1BA$715
One Somerset*ACT NOW- Price Drop* One Somerset - 1 Bed/1 Ba...2BR,1BA$775
South & MadisonE2Studio,1BA$809
Brookwood Apartments1 Bedroom 1 Bathroom1BR,1BA$839
SOUTHPORT AT BUCK CREEK1 Bedroom1BR,1BA$878

Best Value Apartments for Rent in Southdale, IN

As of February 19, 2026 the best value apartment in the Southdale area is the $1.12 price per square foot 4946 Camden St Model at 4946 Camden St, Unit Big Camden in the in the Shelby Street-Epler Avenue neighborhood starting from $1,900. The second greatest value Southdale apartment is the 3x2.5 TH R Model at South Haven Village Apartments starting at $1,715 with a $1.32 price per square foot in the Winchester Village neighborhood. Here is today’s list of the best values for Southdale apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4946 Camden St, Unit Big Camden4946 Camden St3BR,2BA$1.12
South Haven Village Apartments3x2.5 TH R3BR,2.5BA$1.32
Dakota RidgeBighorn3BR,2BA$1.19
Aspen LakesLarge 2 Bedrooms 2 Baths - Phase II2BR,2BA$1.24
Capital PlaceTwo Bedroom One Bath TH2BR,1BA$1.32
Pine GlenRedwood Vintage2BR,1BA$1.17
South & MadisonB22BR,1BA$1.19
Martinique Terrace1Bd/1Ba-Dn Mini W/D1BR,1BA$1.18
Buckridge at Southport1BR/1.0BA1BR,1BA$1.25
SOUTHPORT AT BUCK CREEK1 Bedroom1BR,1BA$1.25

Frequently Asked Questions about Cheap Southdale Apartments

How much is rent for a Cheap One Bedroom Southdale Apartment?

The lowest price for a Cheap One Bedroom Southdale Apartment is $830 at South & Madison.

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 $775 at One Somerset.

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 $1,263.

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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