Cheap Apartments for Rent in Southport, IN from $500 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in Southport.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

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.

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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
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Estate View
1 to 2 Bedroom Apartments

Estate View

6768 S East StIndianapolis, 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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South & Madison
Studio to 3 Bedroom Apartments

South & Madison

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

The Sterling

8020 Madison AveIndianapolis, IN 46227

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.

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Fountain Lake Villas
Studio to 3 Bedroom Apartments

Fountain Lake Villas

2220 E Stop 13 RdIndianapolis, IN 46227
Senior Living
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Grand Oaks
1 to 2 Bedroom Apartments

Grand Oaks

7215 Grand Ritz LnIndianapolis, IN 46237
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Southport, IN Local Guide

Cheapest Available Southport Apartments for Rent and Nearby

 

The cheapest available apartment rental in Southport, IN is a 1 Bed unit found at Berkley Commons in the Winchester Village neighborhood priced from $749. Windsor Court in the Winchester Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $768. Here is today’s list of the most affordable Southport apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Berkley CommonsOne Bedroom One Bath1BR,1BA$749
Windsor CourtStandard One Bedroom (SN1)1BR,1BA$768
5700 Madison Apartments & Edgewood on MadisonEdgewood - CypressStudio,1BA$790
South & MadisonE2Studio,1BA$809
SherbrookStudioStudio,1BA$829
Parc Bordeaux ApartmentsStudioStudio,1BA$850
The SterlingThe Lexington1BR,1BA$850
Greentree Apartments1x1 Classic1BR,1BA$889
Buckridge at Southport1BR/1.0BA1BR,1BA$895
SOUTHPORT AT BUCK CREEK1 Bedroom1BR,1BA$956

Best Value Apartments for Rent in Southport, IN and Nearby

As of June 29, 2026 the best value apartment in the Southport area is the $1.35 price per square foot Spacious 3 bedroom, 2.5 bathroom townhome! Model at South Haven Village Apartments in the in the Winchester Village neighborhood starting from $1,755. The second greatest value Southport apartment is the Garden Style 2 Bedroom/2 Bath Apartments Model at Park Madison Apartments starting at $1,250 with a $1.09 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 ListingModel NameBed/BathPrice Per Sq.Ft.
South Haven Village ApartmentsSpacious 3 bedroom, 2.5 bathroom townhome!3BR,2.5BA$1.35
Park Madison ApartmentsGarden Style 2 Bedroom/2 Bath Apartments2BR,2BA$1.09
Auburn Place2 Bedroom 1.5 Bath2BR,1.5BA$1.24
Oak ParkB2 Timber Upgrade2BR,1BA$1.21
Brookwood Apartments3 Bedroom 1.5 Bath3BR,1.5BA$1.35
Encore Apartments2BR/1.5BA2BR,1.5BA$1.30
South & MadisonB22BR,1BA$1.19
Martinique Terrace1 Bed/1 Ba Up Mini W/D1BR,1BA$1.18
The SterlingThe Lexington1BR,1BA$1.15
Buckridge at Southport1BR/1.0BA1BR,1BA$1.24

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $959 at Polo Run Apartments.

What is the most affordable Southport Three Bedroom Apartment?

The best deal on a cheap Southport Three Bedroom Apartment rental is at South & Madison and starts from $1,263.

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.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.