
Cheap Apartments for Rent in the Southern Dunes Neighborhood of Indianapolis, IN from $800 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southern Dunes area of Indianapolis.


Creek Bay

Aspen Lakes
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Southern Dunes

Murphy's Landing
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Southern Dunes, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Southern Dunes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southern Dunes 1 Bedroom Apartments | $1,247 | $1,121 | $1,499 |
| Southern Dunes 2 Bedroom Apartments | $1,459 | $1,295 | $1,807 |
| Southern Dunes 3 Bedroom Apartments | $1,748 | $1,549 | $2,739 |
| Southern Dunes 4 Bedroom Apartments | $1,899 | $1,899 | $1,899 |
Explore Indianapolis
Southern Dunes, Indianapolis, IN Local Guide
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Cheapest Available Southern Dunes Apartments for Rent
 The cheapest available apartment rental in the Southern Dunes area of Indianapolis, IN is a 1 Bed unit found at Lighthouse Landings priced from $1,033. Dakota Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,170. Here are the most affordable Southern Dunes apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lighthouse Landings | Cape Elizabeth Lakeview | 1BR,1BA | $1,033 |
| Dakota Ridge | Lakota | 1BR,1BA | $1,170 |
| Murphy's Landing | The Wake | 1BR,1BA | $1,176 |
Best Value Apartments for Rent in Southern Dunes, IN
As of November 02, 2025 the best value apartment in the Southern Dunes area is the $1.26 price per square foot Large 2 Bedrooms 2 Baths - Phase I Model at Aspen Lakes in the in the Southern Homes neighborhood starting from $1,510. The second greatest value Southern Dunes apartment is the Oasis Model at Southern Dunes starting at $1,596 with a $1.44 price per square foot in the Meridian Woods Park neighborhood. Here is today’s list of the best values for Southern Dunes apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Aspen Lakes | Large 2 Bedrooms 2 Baths - Phase I | 2BR,2BA | $1.26 |
| Southern Dunes | Oasis | 2BR,2BA | $1.44 |
| Lighthouse Landings | Eagle`s Island w/ FP & LV | 2BR,1BA | $1.41 |
| Arborwood Apartments | The Driftwood | 2BR,2BA | $1.40 |
| Dakota Ridge | Sheyenne | 1BR,1BA | $1.49 |
| Creek Bay | 1Bed/1Bath Large | 1BR,1BA | $1.46 |
| Murphy's Landing | The Wake | 1BR,1BA | $1.68 |
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 ArticleDon'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
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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
How much rent can you afford?
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Pet Friendly LifestyleSouthern Dunes, Indianapolis, IN
Ranked #170
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Getting Around the Southern Dunes Neighborhood in Indianapolis, IN
Walk Score®
21 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
37 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Southern Dunes Apartments
How much is rent for a Cheap One Bedroom Southern Dunes Apartment?
The lowest price for a Cheap One Bedroom Southern Dunes Apartment is $1,033 at Lighthouse Landings.
What is the lowest price for a Cheap Two Bedroom Southern Dunes Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Southern Dunes is starting from $1,250 at Dakota Ridge.
What is the most affordable Southern Dunes Three Bedroom Apartment?
The best deal on a cheap Southern Dunes Three Bedroom Apartment rental is at Arborwood Apartments and starts from $1,446.
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.
