3502 S Farnsworth St
IndianapolisIN46241
Cheap Homes for Rent in Southern Wayne Neighborhood of Indianapolis, IN from $700 (4 Rentals)
Cheap Homes in the Southern Wayne area of Indianapolis.
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
2715 S Moreland Ave
IndianapolisIN46241
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
4915 W Southern Ave
IndianapolisIN46241
Southern Wayne - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
2805 S Lockburn St
IndianapolisIN46241
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Southern Wayne, Indianapolis, IN Local Guide
How much does it cost to rent a home in Southern Wayne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southern Wayne 2 Bedroom Homes for Rent | $1,258 | $1,025 | $1,400 |
| Southern Wayne 3 Bedroom Homes for Rent | $1,317 | $1,300 | $1,335 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 3 mile radius of the Southern Wayne Neighborhood of Indianapolis, IN.
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Southern Wayne, Indianapolis, IN Local Guide
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Best Value Apartments for Rent in Southern Wayne, IN
As of May 08, 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 1Bed/1Bath Large Model at Creek Bay starting at $1,210 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 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 |
| Creek Bay | 1Bed/1Bath Large | 1BR,1BA | $1.46 |
| Arborwood Apartments | The Ninebark | 1BR,1BA | $1.51 |
| The Park at Greenhill | 2 Bedroom 1 Bath, 715 sf - Creek Side | 2BR,1BA | $1.59 |
| Southern Dunes | Echo | 1BR,1BA | $1.76 |
| The Oasis | The Jasper | 1BR,1BA | $1.38 |
| Mann Village Apartments | 1 Bedroom Apartment. | 1BR,1BA | $1.85 |
| The Boardwalk at Westlake Apartments and Townhomes | One Bedroom - 602 sqft | 1BR,1BA | $1.94 |
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $1.45 |
| Residence on Penn | 0BR/1.0BA | Studio ,1BA | $2.41 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Southern Wayne
What type of rentals are currently available in Southern Wayne?
There are currently 19 Apartments for Rent in Southern Wayne, IN with pricing that ranges from $778 to $4,320. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southern Wayne ranging from $700 to $1,400.
What is the current price range for Rental Homes in Southern Wayne?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Southern Wayne ranges from $700 to $1,400 with an average monthly rent of $1,091.
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 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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
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Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.