Cheap Apartments for Rent in the Southdale Neighborhood of Indianapolis, IN from $700 (8 Rentals)

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

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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Estate View
1 Bedroom Apartments

Estate View

6768 S East StIndianapolis, IN 46227
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Dakota Ridge
1 to 3 Bedroom Apartments

Dakota Ridge

1510 Dakota Ridge DrIndianapolis, IN 46217

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.

Southdale, Indianapolis, IN Local Guide

Cheapest Available Southdale Apartments for Rent

 

The cheapest available apartment rental in the Southdale area of Indianapolis, IN is a 1 Bed unit found at The Sycamores priced from $950. Brookwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $978. Here are the most affordable Southdale apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The SycamoresA1 The Sycamores 1/11BR,1BA$950
Brookwood ApartmentsEvergreen Three1BR,1BA$978
The SterlingThe Remington2BR,1BA$1,025

Best Value Apartments for Rent in Southdale, IN

As of May 28, 2025 the best value apartment in the Southdale area is the $1.24 price per square foot Bighorn Model at Dakota Ridge in the in the Southern Homes neighborhood starting from $1,515. The second greatest value Southdale apartment is the Oasis + Garage Model at Southern Dunes starting at $1,765 with a $1.60 price per square foot in the Southern Wayne 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.
Dakota RidgeBighorn3BR,2BA$1.24
Southern DunesOasis + Garage2BR,2BA$1.60
Brookwood ApartmentsSycamore Two3BR,1.5BA$1.42
The SycamoresB2 The Spruce 2/22BR,2BA$1.38
Berkley CommonsTwo Bedroom 1.5 Bath TH2BR,1.5BA$1.27
Martinique Terrace1Bd/1Ba-Dn Mini W/D1BR,1BA$1.35
The SterlingThe Remington2BR,1BA$1.22
Creek Bay1Bed/1Bath Large1BR,1BA$1.44
Murphy's LandingThe Wake1BR,1BA$1.81
Residence on Penn0BR/1.0BAStudio ,1BA$2.41

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Southdale, Indianapolis, IN

Ranked #138

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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

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 $950 at The Sycamores.

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 $985 at Brookwood Apartments.

What is the most affordable Southdale Three Bedroom Apartment?

The best deal on a cheap Southdale Three Bedroom Apartment rental is at Berkley Commons and starts from $1,380.

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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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.

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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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.