3502 S Farnsworth St
IndianapolisIN46241
Cheap Apartments for Rent in the Southern Wayne Neighborhood of Indianapolis, IN from $700 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southern Wayne area of Indianapolis.
close
View Me
Rent Specials
from $7781 Bedroom Apartments Available Now
Abbey Apartments - Affordable Senior Housing
4012 S Mann RdIndianapolis, IN 46221
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.
close
View Me
Rent Specials
from $780Studio to 3 Bedroom Apartments Available Now
The Boardwalk at Westlake Apartments and Townhomes
6000 Westlake DrIndianapolis, IN 46224
4012 Mann Rd
IndianapolisIN46221
close
View Me
close
View Me
Rent Specials
from $9731 to 5 Bedroom Apartments Available Now
The Park at Greenhill
56 Port Ocall DrIndianapolis, IN 46224
close
View Me
Rent Specials
from $9741 to 2 Bedroom Apartments Available Now
Mann Village Apartments
4010 Mann Village RdIndianapolis, IN 46221
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
3236-3238 W Mooresville Rd
IndianapolisIN46221
close
View Me
Rent Specials
from $1,1211 to 4 Bedroom Apartments Available Now
Arborwood Apartments
6702 Trunk WayIndianapolis, IN 46221
close
View Me
from $1,1471 to 3 Bedroom Apartments Available Now
Southern Dunes
7247 Vista CirIndianapolis, IN 46217
close
View Me
from $1,1751 to 3 Bedroom Apartments Available Jun 13
Aspen Lakes
7202 Winslet BlvdIndianapolis, IN 46217
close
View Me
close
View Me
from $1,199Studio to 2 Bedroom Apartments Available Now
Residence on Penn
2801 S Pennsylvania StIndianapolis, IN 46225
close
View Me
from $1,215Studio to 2 Bedroom Apartments Available Now
Rise on Meridian
915 S Meridian StIndianapolis, IN 46225
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
close
View Me
2715 S Moreland Ave
IndianapolisIN46241
3203 S Holt Rd
IndianapolisIN46221
Showing Results 1-17, Page 1 of 1
Southern Wayne, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Southern Wayne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southern Wayne Studio Apartments | $1,264 | $780 | $1,740 |
| Southern Wayne 1 Bedroom Apartments | $1,420 | $700 | $3,525 |
| Southern Wayne 2 Bedroom Apartments | $1,861 | $1,000 | $4,320 |
| Southern Wayne 3 Bedroom Apartments | $1,835 | $1,474 | $3,929 |
| Southern Wayne 4 Bedroom Apartments | $1,774 | $1,580 | $1,921 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 3 mile radius of the Southern Wayne Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Southern Wayne, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Southern Wayne Apartments for Rent
The cheapest available apartment rental in the Southern Wayne area of Indianapolis, IN is a 1 Bed unit found at Abbey Apartments - Affordable Senior Housing priced from $778. The Boardwalk at Westlake Apartments and Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $780. Here are the most affordable Southern Wayne apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $778 |
| The Boardwalk at Westlake Apartments and Townhomes | Studio - 467 sqft | 1BR,1BA | $780 |
| Arborwood Apartments | The Hawthorn | 1BR,1BA | $1,121 |
| Mann Village Apartments | 1 Bedroom Apartment. | 1BR,1BA | $1,125 |
| The Park at Greenhill | 2 Bedroom 1 Bath, 715 sf - Creek Side | 2BR,1BA | $1,139 |
Best Value Apartments for Rent in Southern Wayne, IN
As of June 12, 2025 the best value apartment in the Southern Wayne area is the $1.06 price per square foot 1 Bedroom 1 Bath Model at The Block in the in the Riley neighborhood starting from $1,539. The second greatest value Southern Wayne apartment is the Oasis Model at Southern Dunes starting at $1,493 with a $1.35 price per square foot in the Southern Wayne neighborhood. Here is today’s list of the best values for Southern Wayne apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Block | 1 Bedroom 1 Bath | 1BR,1BA | $1.06 |
| Southern Dunes | Oasis | 2BR,2BA | $1.35 |
| The Oasis | The Sapphire | 3BR,2BA | $1.56 |
| Creek Bay | 1Bed/1Bath Large | 1BR,1BA | $1.44 |
| Arborwood Apartments | The Hawthorn | 1BR,1BA | $1.37 |
| The Park at Greenhill | 2 Bedroom 1 Bath, 715 sf - Creek Side | 2BR,1BA | $1.59 |
| Mann Village Apartments | 1 Bedroom Apartment. | 1BR,1BA | $1.85 |
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $1.45 |
| Residence on Penn | 0BR/1.0BA | Studio ,1BA | $2.41 |
| The Boardwalk at Westlake Apartments and Townhomes | Studio - 441 sqft | Studio ,1BA | $1.72 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Southern Wayne area?
If you’re an expert on all things Southern Wayne, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleSouthern Wayne, Indianapolis, IN
Ranked #182
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Southern Wayne Apartments
What is the Cheapest Studio apartment in Southern Wayne?
Currently the most affordable Cheap Studio Apartment in Southern Wayne is at The Boardwalk at Westlake Apartments and Townhomes listed at $780.
How much is rent for a Cheap One Bedroom Southern Wayne Apartment?
The lowest price for a Cheap One Bedroom Southern Wayne Apartment is $778 at Abbey Apartments - Affordable Senior Housing.
What is the lowest price for a Cheap Two Bedroom Southern Wayne Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Southern Wayne is starting from $1,020 at The Boardwalk at Westlake Apartments and Townhomes.
What is the most affordable Southern Wayne Three Bedroom Apartment?
The best deal on a cheap Southern Wayne Three Bedroom Apartment rental is at Arborwood Apartments and starts from $1,521.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.