
Cheap Apartments for Rent in the Southport Neighborhood of Indianapolis, IN from $500 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southport area of Indianapolis.


Berkley Commons

Brookwood Apartments

5700 Madison Apartments & Edgewood on Madison

Sherbrook

Buckridge at Southport
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Thompson Village Apartments

Parc Bordeaux Apartments

Greentree Apartments

Windsor Court

South & Madison

The Sterling
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Polo Run Apartments
Southport, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Southport?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southport Studio Apartments | $1,012 | $790 | $1,889 |
| Southport 1 Bedroom Apartments | $1,137 | $824 | $1,688 |
| Southport 2 Bedroom Apartments | $1,373 | $952 | $2,443 |
| Southport 3 Bedroom Apartments | $1,628 | $1,219 | $2,295 |
| Southport 4 Bedroom Apartments | $1,729 | $1,699 | $1,760 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Southport Neighborhood of Indianapolis, IN.
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Southport, Indianapolis, IN Local Guide
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Cheapest Available Southport Apartments for Rent
 The cheapest available apartment rental in the Southport area of Indianapolis, IN is a 1 Bed unit found at Berkley Commons priced from $749. Brookwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $769. Here are the most affordable Southport apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Berkley Commons | One Bedroom One Bath | 1BR,1BA | $749 |
| Brookwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $769 |
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Cypress | Studio,1BA | $790 |
| South & Madison | E2 | Studio,1BA | $809 |
| Sherbrook | Studio | Studio,1BA | $819 |
Best Value Apartments for Rent in Southport, IN
As of July 30, 2026 the best value apartment in the Southport area is the $1.27 price per square foot 2 Bedroom 1.5 Bath Townhome Model at Mansfield Village Townhomes in the in the Winchester Village neighborhood starting from $1,699. The second greatest value Southport apartment is the 3Bd/1.5Ba Dn W/D Model at Martinique Terrace starting at $1,399 with a $1.08 price per square foot in the Winchester Village neighborhood. Here is today’s list of the best values for Southport 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 | $1.27 |
| Martinique Terrace | 3Bd/1.5Ba Dn W/D | 3BR,1.5BA | $1.08 |
| Lakes of Windsor | Winchester | 2BR,1BA | $1.39 |
| Oak Park | B2 Timber Upgrade | 2BR,1BA | $1.21 |
| Brookwood Apartments | 3 Bedroom 1.5 Bath | 3BR,1.5BA | $1.29 |
| The Sterling | The Lexington | 1BR,1BA | $1.22 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $1.17 |
| SOUTHPORT AT BUCK CREEK | 1 Bedroom | 1BR,1BA | $1.36 |
| Berkley Commons | One Bedroom One Bath | 1BR,1BA | $1.20 |
| Thompson Village Apartments | One Bedroom Apartment | 1BR,1BA | $1.38 |
Don'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.
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From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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, Indianapolis, IN
Ranked #51
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Southport Apartments
What is the Cheapest Studio apartment in Southport?
Currently the most affordable Cheap Studio Apartment in Southport is at 5700 Madison Apartments & Edgewood on Madison listed at $790.
How much is rent for a Cheap One Bedroom Southport Apartment?
The lowest price for a Cheap One Bedroom Southport Apartment is $749 at Berkley Commons.
What is the lowest price for a Cheap Two Bedroom Southport Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Southport is starting from $979 at Greentree Apartments.
What is the most affordable Southport Three Bedroom Apartment?
The best deal on a cheap Southport Three Bedroom Apartment rental is at Brookwood Apartments and starts from $1,206.
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

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