
Cheap Homes for Rent in Southdale Neighborhood of Indianapolis, IN from $1,500 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Southdale area of Indianapolis.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

4644 White Lick Ct
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.

6409 Alonzo Dr
Southdale, Indianapolis, IN Local Guide

How much does it cost to rent a home in Southdale?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Southdale 3 Bedroom Homes for Rent | $1,729 | $1,599 | $1,855 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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
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Best Value Apartments for Rent in Southdale, IN
As of September 11, 2025 the best value apartment in the Southdale area is the $1.14 price per square foot 3 Bedrooms 2 Baths- 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 Three Bedroom 1.5 Bath TH w/Den Model at Capital Place starting at $1,399 with a $1.16 price per square foot in the Concord 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 | 3 Bedrooms 2 Baths- Phase I | 3BR,2BA | $1.14 |
Capital Place | Three Bedroom 1.5 Bath TH w/Den | 3BR,1.5BA | $1.16 |
Southern Dunes | Oasis | 2BR,2BA | $1.24 |
Dakota Ridge | Yellowstone | 2BR,2BA | $1.31 |
The Sycamores | B2 The Spruce 2/2 | 2BR,2BA | $1.38 |
Buckridge at Southport | 2BR/1.0BA | 2BR,1BA | $1.12 |
Martinique Terrace | 1 Bed/1 Ba Up Mini W/D | 1BR,1BA | $1.34 |
Brookwood Apartments | Evergreen Three | 1BR,1BA | $1.26 |
One Somerset Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.39 |
SOUTHPORT AT BUCK CREEK | 1 Bedroom | 1BR,1BA | $1.33 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleSouthdale, Indianapolis, IN
Ranked #130
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Southdale
What type of rentals are currently available in Southdale?
There are currently 45 Apartments for Rent in Southdale, IN with pricing that ranges from $665 to $1,985. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southdale ranging from $1,599 to $3,500.
What is the current price range for Rental Homes in Southdale?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Southdale ranges from $1,599 to $3,500 with an average monthly rent of $2,614.
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.