Cheap Homes for Rent in Southdale Neighborhood of Indianapolis, IN from $1,500 (3 Rentals)

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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.

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.

Southdale, Indianapolis, IN Local Guide

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Aspen Lakes3 Bedrooms 2 Baths- Phase I3BR,2BA$1.14
Capital PlaceThree Bedroom 1.5 Bath TH w/Den3BR,1.5BA$1.16
Southern DunesOasis2BR,2BA$1.24
Dakota RidgeYellowstone2BR,2BA$1.31
The SycamoresB2 The Spruce 2/22BR,2BA$1.38
Buckridge at Southport2BR/1.0BA2BR,1BA$1.12
Martinique Terrace1 Bed/1 Ba Up Mini W/D1BR,1BA$1.34
Brookwood ApartmentsEvergreen Three1BR,1BA$1.26
One Somerset Apartments2 Bedroom 1 Bathroom2BR,1BA$1.39
SOUTHPORT AT BUCK CREEK1 Bedroom1BR,1BA$1.33

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Pet Friendly Lifestyle
Southdale, Indianapolis, IN

Ranked #130

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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.

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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 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.

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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.

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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.