
Cheap Apartments for Rent in the Southport Road Neighborhood of Indianapolis, IN from $500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southport Road area of Indianapolis.


Berkley Commons

Emerson Village

Heathmoore - Indianapolis

Encore Apartments

Sherbrook
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.

Sawmill Apartments

Parc Bordeaux Apartments

Fox Club
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.

628 Wooddale Terrace
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

778 Loews Blvd
Southport Road, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Southport Road?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southport Road Studio Apartments | $1,088 | $750 | $1,360 |
| Southport Road 1 Bedroom Apartments | $1,209 | $725 | $2,445 |
| Southport Road 2 Bedroom Apartments | $1,434 | $910 | $2,270 |
| Southport Road 3 Bedroom Apartments | $1,682 | $1,090 | $2,250 |
| Southport Road 4 Bedroom Apartments | $1,675 | $1,675 | $1,675 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 3 mile radius of the Southport Road Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Southport Road, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Southport Road Apartments for Rent
 The cheapest available apartment rental in the Southport Road area of Indianapolis, IN is a 1 Bed unit found at Windsor Court priced from $728. Heathmoore - Indianapolis has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Southport Road apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Windsor Court | Standard One Bedroom (SN1) | 1BR,1BA | $728 |
| Heathmoore - Indianapolis | Studio 1 Bath | Studio,1BA | $750 |
| Emerson Village | The Cardinal - Premium | 1BR,1BA | $778 |
| Sherbrook | Studio | Studio,1BA | $839 |
| South & Madison | E2 | Studio,1BA | $840 |
Best Value Apartments for Rent in Southport Road, IN
As of November 14, 2025 the best value apartment in the Southport Road area is the $1.26 price per square foot 2x2 R-Prem Model at Park Madison Apartments in the in the Winchester Village neighborhood starting from $1,450. The second greatest value Southport Road apartment is the Merlot Model at Auburn Place Apartments starting at $1,242 with a $1.21 price per square foot in the Winchester Village neighborhood. Here is today’s list of the best values for Southport Road apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park Madison Apartments | 2x2 R-Prem | 2BR,2BA | $1.26 |
| Auburn Place Apartments | Merlot | 2BR,1.5BA | $1.21 |
| Oak Park | Dale | 2BR,1BA | $1.25 |
| Encore Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.30 |
| Strawbridge Green | Emerson | 2BR,1BA | $1.12 |
| Fox Club | One Bedroom One Bath | 1BR,1BA | $1.11 |
| Beech Tree Glen Apartments | 1x1R | 1BR,1BA | $1.22 |
| Berkley Commons | Two Bedroom One Bath | 2BR,1BA | $1.31 |
| Sherman Village | Garden Apt | 1BR,1BA | $1.28 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $1.31 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleQuick 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.
Pet Friendly LifestyleSouthport Road, Indianapolis, IN
Ranked #71
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Southport Road Apartments
What is the Cheapest Studio apartment in Southport Road?
Currently the most affordable Cheap Studio Apartment in Southport Road is at Heathmoore - Indianapolis listed at $750.
How much is rent for a Cheap One Bedroom Southport Road Apartment?
The lowest price for a Cheap One Bedroom Southport Road Apartment is $728 at Windsor Court.
What is the lowest price for a Cheap Two Bedroom Southport Road Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Southport Road is starting from $866 at Emerson Village.
What is the most affordable Southport Road Three Bedroom Apartment?
The best deal on a cheap Southport Road Three Bedroom Apartment rental is at Berkley Commons and starts from $1,130.
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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.







