
Cheap Homes for Rent in Southern Dunes Neighborhood of Indianapolis, IN from $1,500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Southern Dunes area of Indianapolis.


6529 Black Antler Dr

6354 Coconut Ct
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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6348 Coconut Ct

7202 Parklake Cir

2725 Mingo 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.
Southern Dunes, Indianapolis, IN Local Guide

How much does it cost to rent a home in Southern Dunes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southern Dunes 3 Bedroom Homes for Rent | $1,735 | $1,500 | $2,045 |
| Southern Dunes 4 Bedroom Homes for Rent | $1,735 | $1,720 | $1,750 |
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 $1,027. Arborwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,121. 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 | $1,027 |
| Arborwood Apartments | The Hawthorn | 1BR,1BA | $1,121 |
| Dakota Ridge | Lakota | 1BR,1BA | $1,160 |
Best Value Apartments for Rent in Southern Dunes, IN
As of January 19, 2026 the best value apartment in the Southern Dunes area is the $1.51 price per square foot Cape Elizabeth FP & LV Model at Lighthouse Landings in the in the Meridian Woods Park neighborhood starting from $1,348. The second greatest value Southern Dunes apartment is the 1Bed/1Bath Large Model at Creek Bay starting at $1,215 with a $1.46 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. |
|---|---|---|---|
| Lighthouse Landings | Cape Elizabeth FP & LV | 1BR,1BA | $1.51 |
| Creek Bay | 1Bed/1Bath Large | 1BR,1BA | $1.46 |
| Dakota Ridge | Lakota | 1BR,1BA | $1.40 |
| Arborwood Apartments | The Ninebark | 1BR,1BA | $1.48 |
| Aspen Lakes | 1 Bedroom- Phase II | 1BR,1BA | $1.53 |
| Southern Dunes | Echo | 1BR,1BA | $1.67 |
| Murphy's Landing | The Wake | 1BR,1BA | $1.47 |
Frequently Asked Questions about Southern Dunes
What type of rentals are currently available in Southern Dunes?
There are currently 9 Apartments for Rent in Southern Dunes, IN with pricing that ranges from $1,027 to $2,512. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southern Dunes ranging from $1,500 to $2,045.
What is the current price range for Rental Homes in Southern Dunes?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Southern Dunes ranges from $1,500 to $2,045 with an average monthly rent of $1,735.
How much are larger Three and Four Bedroom Rentals in Southern Dunes?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Southern Dunes range from $1,399 to $2,512, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,045. Four Bedroom Single-Family rentals are also available starting from $1,720 and Four Bedroom Apartments start at $1,899.
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.
Helpful Local Expert Guides

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
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.

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!