8149 Trevellian Way
IndianapolisIN46217
Cheap Homes for Rent in Southern Homes Neighborhood of Indianapolis, IN from $300 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Southern Homes area of Indianapolis.
634 Wooddale Terrace
GreenwoodIN46142
628 Wooddale Terrace
GreenwoodIN46142
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.
791 Joy Dr
GreenwoodIN46142
793 Joy Dr
GreenwoodIN46142
105 Rose Ln
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.
Showing Results 1-6, Page 1 of 1
Southern Homes, Indianapolis, IN Local Guide
How much does it cost to rent a home in Southern Homes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southern Homes 2 Bedroom Homes for Rent | $1,093 | $954 | $1,175 |
| Southern Homes 3 Bedroom Homes for Rent | $1,748 | $1,395 | $1,940 |
| Southern Homes 4 Bedroom Homes for Rent | $1,931 | $1,855 | $2,000 |
| Southern Homes 5 Bedroom Homes for Rent | $2,750 | $2,750 | $2,750 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Southern Homes Neighborhood of Indianapolis, IN.
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Cheapest Available Southern Homes Apartments for Rent
The cheapest available apartment rental in the Southern Homes area of Indianapolis, IN is a Studio unit found at South & Madison priced from $809. Polo Run Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $810. Here are the most affordable Southern Homes apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| South & Madison | E2 | Studio,1BA | $809 |
| Polo Run Apartments | The Shetland Studio | Studio,1BA | $810 |
| The Sterling | The Lexington | 1BR,1BA | $875 |
Best Value Apartments for Rent in Southern Homes, IN
As of February 22, 2026 the best value apartment in the Southern Homes area is the $1.24 price per square foot 2 Bedroom 1.5 Bath Townhome Model at Mansfield Village Townhomes in the in the Winchester Village neighborhood starting from $1,650. The second greatest value Southern Homes apartment is the Large 2 Bedrooms 2 Baths - Phase II Model at Aspen Lakes starting at $1,495 with a $1.24 price per square foot in the Southern Homes neighborhood. Here is today’s list of the best values for Southern Homes apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mansfield Village Townhomes | 2 Bedroom 1.5 Bath Townhome | 2BR,1.5BA | $1.24 |
| Aspen Lakes | Large 2 Bedrooms 2 Baths - Phase II | 2BR,2BA | $1.24 |
| Dakota Ridge | Yellowstone | 2BR,2BA | $1.22 |
| Oak Park | Dale - Upgraded | 2BR,1BA | $1.28 |
| Martinique Terrace | 2 Bed/1 Ba Standard Dn | 2BR,1BA | $1.27 |
| South & Madison | B2 | 2BR,1BA | $1.19 |
| Creek Bay | 1Bed/1Bath Large | 1BR,1BA | $1.37 |
| The Sterling | The Lexington | 1BR,1BA | $1.18 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $1.25 |
| SOUTHPORT AT BUCK CREEK | 1 Bedroom | 1BR,1BA | $1.35 |
Frequently Asked Questions about Southern Homes
What type of rentals are currently available in Southern Homes?
There are currently 43 Apartments for Rent in Southern Homes, IN with pricing that ranges from $775 to $3,657. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southern Homes ranging from $320 to $3,500.
What is the current price range for Rental Homes in Southern Homes?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Southern Homes ranges from $320 to $3,500 with an average monthly rent of $1,940.
How much are larger Three and Four Bedroom Rentals in Southern Homes?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Southern Homes range from $1,295 to $3,657, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $1,940. Four Bedroom Single-Family rentals are also available starting from $1,855 and Four Bedroom Apartments start at $1,725.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
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.