Cheap Apartments for Rent in the Summerfield South Neighborhood of Indianapolis, IN from $600 (32 Rentals)

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

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Heather Ridge
1 to 3 Bedroom Apartments

Heather Ridge

3245 Heather Ridge DrIndianapolis, IN 46214
  • Utilities Included
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Brickyard Flats
Studio to 3 Bedroom Apartments

Brickyard Flats

6363 Hollister DrSpeedway, IN 46224

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Showing Results 1-32, Page 1 of 1

Summerfield South, Indianapolis, IN Local Guide

Cheapest Available Summerfield South Apartments for Rent

 

The cheapest available apartment rental in the Summerfield South area of Indianapolis, IN is a Studio unit found at The Stratford priced from $620. Mariners Village Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $716. Here are the most affordable Summerfield South apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The StratfordStudioStudio,1BA$620
Mariners Village Apartments0 Bedroom 1 BathroomStudio,1BA$716
Marabou MillsStudioStudio,1BA$740
Cambridge CommonsStudioStudio,1BA$755
The Life at Wood Springs1 BEDROOM | 1 BATHROOM A1BR,1BA$780
Garden Pointe ApartmentsLily StudioStudio,1BA$795
Astoria Park Apartment HomesOne Bedroom - 712 sqft1BR,1BA$835
The Life at White PinesPINE1BR,1BA$849
Waterfront Terrace1 Bed 1 Bath1BR,1BA$850
Brickyard FlatsA11BR,1BA$850

Best Value Apartments for Rent in Summerfield South, IN

As of March 12, 2026 the best value apartment in the Summerfield South area is the $1.21 price per square foot 2x1 Townhome Classic Model at The Meadows Apartment Homes in the in the Cheswick Place neighborhood starting from $1,249. The second greatest value Summerfield South apartment is the The Sand Dune - Upstairs Model at Waterfront Pointe starting at $1,311 with a $1.28 price per square foot in the Timberview neighborhood. Here is today’s list of the best values for Summerfield South apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Meadows Apartment Homes2x1 Townhome Classic2BR,1BA$1.21
Waterfront PointeThe Sand Dune - Upstairs2BR,2BA$1.28
Eagle Creek by Spark LivingExcite2BR,1BA$1.23
Darby CourtTwo Bedroom One Bathroom (CN1)2BR,1BA$1.19
The Maywood at SpeedwayThe Santa Maria2BR,1.5BA$1.29
10 West ApartmentsThe Dakota2BR,1BA$1.29
Villa Del Sol ApartmentsSpacious one bed one bathroom apartment1BR,1BA$1.04
Astoria Park Apartment HomesTwo Bedroom - 850 sqft2BR,1BA$1.28
The Stratford1 Bedroom 1 Bathroom1BR,1BA$1.18
Brickyard FlatsA11BR,1BA$1.23

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Your 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

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Pet Friendly Lifestyle
Summerfield South, Indianapolis, IN

Ranked #46

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Summerfield South, Indianapolis, IN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Indiana and customized analysis for West Indianapolis, IN. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, kid and pet-friendly communities, availability of transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

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 $850.

What is the price of a cheap apartment in Summerfield South?

The cheapest apartment in Summerfield South is The Life at Wood Springs which is listed at $780, while the average apartment in Summerfield South costs $1,625.

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 75 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 $262 which is $1,363 cheaper than the average rent for all rentals in Summerfield South.

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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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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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

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Written by: Bob Mallory

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.