
Cheap Apartments for Rent in the Southern Dunes Neighborhood of Indianapolis, IN from $700 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southern Dunes area of Indianapolis.


Arborwood Apartments

Creek Bay
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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.

Aspen Lakes

Murphy's Landing

Lighthouse Landings
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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 | $1,173 | $775 | $1,385 |
| Southern Dunes 2 Bedroom Apartments | $1,365 | $1,095 | $1,720 |
| Southern Dunes 3 Bedroom Apartments | $1,781 | $1,599 | $3,077 |
| Southern Dunes 4 Bedroom Apartments | $1,799 | $1,799 | $1,799 |
Explore Indianapolis
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 Murphy's Landing priced from $1,032. Creek Bay has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,065. Here are the most affordable Southern Dunes apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Murphy's Landing | The Wake | 1BR,1BA | $1,032 |
| Creek Bay | 1Bed/1Bath Large | 1BR,1BA | $1,065 |
| Arborwood Apartments | The Hawthorn | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Southern Dunes, IN
As of March 09, 2026 the best value apartment in the Southern Dunes area is the $1.24 price per square foot Large 2 Bedrooms 2 Baths - Phase II Model at Aspen Lakes in the in the Southern Homes neighborhood starting from $1,495. The second greatest value Southern Dunes apartment is the The Pier Model at Murphy's Landing starting at $1,795 with a $1.50 price per square foot in the Shelby Street-Epler Avenue 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 II | 2BR,2BA | $1.24 |
| Murphy's Landing | The Pier | 3BR,2BA | $1.50 |
| Dakota Ridge | Yellowstone | 2BR,2BA | $1.21 |
| Lighthouse Landings | Cape Elizabeth | 1BR,1BA | $1.62 |
| Creek Bay | 1Bed/1Bath Large | 1BR,1BA | $1.28 |
| Arborwood Apartments | The Ninebark | 1BR,1BA | $1.48 |
| Southern Dunes | Echo | 1BR,1BA | $1.71 |
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 $1,032 at Murphy's Landing.
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 $1,095 at Creek Bay.
What is the most affordable Southern Dunes Three Bedroom Apartment?
The best deal on a cheap Southern Dunes Three Bedroom Apartment rental is at Dakota Ridge and starts from $1,410.
Expert Rental Resources
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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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.