Cheap Apartments for Rent in the Southport Road Neighborhood of Indianapolis, IN from $500 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southport Road area of Indianapolis.

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Stone Lake
1 to 2 Bedroom Apartments

Stone Lake

2913 E Hanna AveIndianapolis, IN 46227
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Rosedale Hills
Studio to 3 Bedroom Apartments

Rosedale Hills

2139 E Hanna AveIndianapolis, IN 46227
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Windsor Court
1 to 2 Bedroom Apartments

Windsor Court

7302 Queen Anne CtIndianapolis, IN 46227
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Pleasant Creek Apartments
Studio to 2 Bedroom Apartments

Pleasant Creek Apartments

2816 E County Line RdIndianapolis, IN 46227
  • Utilities Included
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South & Madison
Studio to 3 Bedroom Apartments

South & Madison

1819 Madison Village DrIndianapolis, IN 46227
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Blackstone
1 to 2 Bedroom Apartments

Blackstone

611 N Meridian StGreenwood, IN 46143
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Breeza 32 Apartments
1 to 2 Bedroom Apartments

Breeza 32 Apartments

622 Wooddale TerGreenwood, IN 46142
  • Utilities Included
Showing Results 1-19, Page 1 of 1

Southport Road, Indianapolis, IN Local Guide

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 ListingModel NameBed/BathPriced From
Windsor CourtStandard One Bedroom (SN1)1BR,1BA$728
Heathmoore - IndianapolisStudio 1 BathStudio,1BA$750
Emerson VillageThe Cardinal - Premium1BR,1BA$778
SherbrookStudioStudio,1BA$839
South & MadisonE2Studio,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 $1,268 with a $1.24 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Park Madison Apartments2x2 R-Prem2BR,2BA$1.26
Auburn Place ApartmentsMerlot2BR,1.5BA$1.24
Oak ParkDale2BR,1BA$1.25
Encore Apartments2BR/1.5BA2BR,1.5BA$1.30
Strawbridge GreenEmerson2BR,1BA$1.12
Fox ClubOne Bedroom One Bath1BR,1BA$1.11
Beech Tree Glen Apartments1x1R1BR,1BA$1.22
Berkley CommonsTwo Bedroom One Bath2BR,1BA$1.31
Sherman VillageGarden Apt1BR,1BA$1.28
Sawmill Apartments1 Bed 1 Bath Small1BR,1BA$1.31

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Pet Friendly Lifestyle
Southport Road, Indianapolis, IN

Ranked #71

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.