Cheap 1 Bedroom Apartments for Rent in the Summerfield South Neighborhood of Indianapolis, IN from $850 (18 Rentals)

The Maywood at Speedway

Idlewood Apartments
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.

Deercross Apartments

Astoria Park Apartment Homes

Eagle’s Edge
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.

10 West Apartments

Enclave at Eagle Creek Apartments

Pier 39 Apartments & Townhomes
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.

Westpark Townhomes

Lakeside Crossing at Eagle Creek Apartments and Townhomes
Summerfield South - 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!
Summerfield South, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Summerfield South?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Summerfield South Studio Apartments | $935 | $838 | $1,100 |
Summerfield South 1 Bedroom Apartments | $1,272 | $850 | $2,535 |
Summerfield South 2 Bedroom Apartments | $1,408 | $988 | $2,717 |
Summerfield South 3 Bedroom Apartments | $1,712 | $1,413 | $2,410 |
Summerfield South 4 Bedroom Apartments | $1,750 | $1,750 | $1,750 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Summerfield South Neighborhood of Indianapolis, IN.
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Summerfield South, Indianapolis, IN Local Guide
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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.
Frequently Asked Questions about Cheap Summerfield South Apartments
What is a cheap apartment in Summerfield South?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Summerfield South is under $1,050.
What is the price of a cheap apartment in Summerfield South?
The cheapest apartment in Summerfield South is Pebble Point which is listed at $899, while the average apartment in Summerfield South costs $2,405.
What types of apartments are the cheapest in Summerfield South?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Summerfield South that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Summerfield South?
Cheap apartments in Summerfield South have an average cost of $936 which is $1,469 cheaper than the average rent for all rentals in Summerfield South.
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.

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.

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.