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$765 - $1,470Studio 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 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southdale area of Indianapolis.
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$775 - $9951 to 2 Bedroom Apartments Available Now
One Somerset
3761 S State AveIndianapolis, IN 46227
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$847 - $1,4211 to 3 Bedroom Apartments Available Now
Brookwood Apartments
5301 S Turtle Creek South DrIndianapolis, IN 46227
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$861 - $1,4411 to 2 Bedroom Apartments Available Now
Pine Glen
4259 Burkhart DrIndianapolis, IN 46227
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$884 - $1,2991 to 3 Bedroom Apartments Available Now
Capital Place
4100 Continental CtIndianapolis, IN 46227
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$895 - $1,100
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$815 - $1,020
Required Monthly Fees
$80
Total Monthly Price
$895 - $1,100
Buckridge at Southport
6933 Buckridge West DrIndianapolis, IN 46227
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$899 - $1,4401 to 2 Bedroom Apartments Available Now
Meridian Court South
7266 Lockwood LnIndianapolis, IN 46217
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$905 - $1,8211 to 3 Bedroom Apartments Available Now
SOUTHPORT AT BUCK CREEK
1451 E Southport RdIndianapolis, IN 46227
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$928 - $1,1121 to 2 Bedroom Apartments Available Now
Thompson Village Apartments
139 Thompson Village WayIndianapolis, IN 46227
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$999 - $1,6141 to 3 Bedroom Apartments Available Now
Martinique Terrace
6789 S East StIndianapolis, IN 46227
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$1,000 - $1,6501 to 3 Bedroom Apartments Available Now
The Sycamores
7913 Ella Dobbs LnIndianapolis, IN 46227
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$1,000 - $1,3601 to 3 Bedroom Apartments Contact Us For Availability
City Heights
457 Monument View DrIndianapolis, IN 46227
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$1,036 - $1,7771 to 3 Bedroom Apartments Available Now
Murphy's Landing
6909 Murphys Landing LnIndianapolis, IN 46217
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$1,049 - $1,455
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$956 - $1,362
Required Monthly Fees
$93
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$1,049 - $1,455
Creek Bay
6650 Creek Bay DrIndianapolis, IN 46217
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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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$1,179 - $1,8201 to 3 Bedroom Apartments Available Now
Southern Dunes
7247 Vista CirIndianapolis, IN 46217
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$1,199 - $1,5991 to 3 Bedroom Apartments Available Now
Hanna Village
4020 Hanna Village DrIndianapolis, IN 46227
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$1,210 - $1,9851 to 3 Bedroom Apartments Available Now
Aspen Lakes
7202 Winslet BlvdIndianapolis, IN 46217
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$1,425 - $1,7402 to 3 Bedroom Apartments Available Now
South Haven Village Apartments
1542 Citrin PlIndianapolis, IN 46227
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$1,499 - $1,5252 Bedroom Apartments Available Now
Bluff Crossing Apartments
3506 Bluff RdIndianapolis, IN 46217
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Studio to 2 Bedroom Apartments
Crossroads at Madison
4725 Madison AveIndianapolis, IN 46227
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1 to 2 Bedroom Apartments
Estate View
6768 S East StIndianapolis, IN 46227
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Studio to 2 Bedroom Apartments
Spicewood
354 Spicewood DrIndianapolis, IN 46227
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Studio to 3 Bedroom Apartments
South & Madison
1819 Madison Village DrIndianapolis, IN 46227
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Crossroads at Southgreen
5030 Southgreen DrIndianapolis, IN 46227
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2 Bedroom Apartments
Markwood Terrace Apartments
920 E Markwood AveIndianapolis, IN 46227
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1 to 3 Bedroom Apartments
Dakota Ridge
1510 Dakota Ridge DrIndianapolis, IN 46217
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1 to 2 Bedroom Apartments
Lighthouse Landings
6640 Heron Neck DrIndianapolis, IN 46217
4507 Bluff Rd
IndianapolisIN46217
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150 E Beechwood Ln
IndianapolisIN46227
Showing Results 1-29, Page 1 of 1
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 | $944 | $765 | $1,190 |
| Southdale 1 Bedroom Apartments | $1,064 | $861 | $1,442 |
| Southdale 2 Bedroom Apartments | $1,260 | $775 | $1,706 |
| Southdale 3 Bedroom Apartments | $1,612 | $1,299 | $1,985 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Southdale Neighborhood of Indianapolis, IN.
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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 $765. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Cypress | Studio,1BA | $765 |
| One Somerset | *ACT NOW- Price Drop* One Somerset - 1 Bed/1 Ba... | 2BR,1BA | $775 |
| Spicewood | Studio | Studio,1BA | $779 |
| South & Madison | E2 | Studio,1BA | $809 |
| Brookwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $847 |
| Pine Glen | Maple Classic | 1BR,1BA | $861 |
| Capital Place | One Bedroom One Bath TH | 1BR,1BA | $884 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $895 |
| SOUTHPORT AT BUCK CREEK | 1 Bedroom | 1BR,1BA | $905 |
| Thompson Village Apartments | Two Bedroom Apartment | 2BR,1BA | $928 |
Best Value Apartments for Rent in Southdale, IN
As of April 06, 2026 the best value apartment in the Southdale area is the $1.14 price per square foot 3Bed / 2Bath- Phase I Model at Aspen Lakes in the in the Southern Homes neighborhood starting from $1,725. The second greatest value Southdale apartment is the 3Bd/1.5Ba Dn W/D Model at Martinique Terrace starting at $1,499 with a $1.15 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Aspen Lakes | 3Bed / 2Bath- Phase I | 3BR,2BA | $1.14 |
| Martinique Terrace | 3Bd/1.5Ba Dn W/D | 3BR,1.5BA | $1.15 |
| South Haven Village Apartments | 3x2 R | 3BR,2BA | $1.39 |
| Dakota Ridge | Yellowstone | 2BR,2BA | $1.23 |
| The Sycamores | The Spruce | 2BR,2BA | $1.41 |
| Brookwood Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.17 |
| Capital Place | Two Bedroom One Bath w/Den | 2BR,1BA | $1.28 |
| Pine Glen | Oak Classic | 2BR,1BA | $1.28 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $1.24 |
| SOUTHPORT AT BUCK CREEK | 1 Bedroom | 1BR,1BA | $1.35 |
Frequently Asked Questions about Cheap Southdale Apartments
What is a cheap apartment in Southdale?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southdale is under $928.
What is the price of a cheap apartment in Southdale?
The cheapest apartment in Southdale is South & Madison which is listed at $830, while the average apartment in Southdale costs $1,623.
What types of apartments are the cheapest in Southdale?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 31 regular apartments in Southdale that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Southdale?
Cheap apartments in Southdale have an average cost of $171 which is $1,452 cheaper than the average rent for all rentals in Southdale.
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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