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Cheap Homes for Rent in Southdale Neighborhood of Indianapolis, IN from $1,400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Southdale area of Indianapolis.
5251 Bluff View Dr
IndianapolisIN46217
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.
6409 Alonzo Dr
IndianapolisIN46217
113 Gazebo Dr
IndianapolisIN46227
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.
112 Gazebo Dr
IndianapolisIN46227
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Southdale, Indianapolis, IN Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Southdale?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southdale 3 Bedroom Homes for Rent | $1,629 | $1,495 | $1,785 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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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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 $670. One Somerset has the second lowest priced unit, which is a 1 Bed 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 - Loft | Studio,1BA | $670 |
| One Somerset | One Somerset - 1 Bed/1 Bath | 1BR,1BA | $775 |
| Spicewood | Studio | Studio,1BA | $799 |
Best Value Apartments for Rent in Southdale, IN
As of November 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 2 Bedroom Townhome Model at SOUTHPORT AT BUCK CREEK starting at $1,097 with a $0.78 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 | 3 Bedrooms 2 Baths- Phase I | 3BR,2BA | $1.14 |
| SOUTHPORT AT BUCK CREEK | 2 Bedroom Townhome | 2BR,1.5BA | $0.78 |
| South Haven Village Apartments | 3x2.5 TH | 3BR,2.5BA | $1.17 |
| Southern Dunes | Oasis | 2BR,2BA | $1.37 |
| Brookwood Apartments | Sycamore Two | 3BR,1.5BA | $1.27 |
| The Sycamores | B2 The Spruce 2/2 | 2BR,2BA | $1.38 |
| Capital Place | Two Bedroom One Bath TH | 2BR,1BA | $1.30 |
| Martinique Terrace | 1Bd/1Ba-Dn Mini W/D | 1BR,1BA | $1.18 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $1.11 |
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Loft | Studio ,1BA | $1.32 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read Article
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleSouthdale, Indianapolis, IN
Ranked #147
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 44 Apartments for Rent in Southdale, IN with pricing that ranges from $665 to $2,058. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southdale ranging from $1,495 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 $1,495 to $3,500 with an average monthly rent of $2,564.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.