Cheap Apartments for Rent near Southport, IN from $500 (42 Rentals)

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

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property at 316 Elmead Ct

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Condo for Rent

Available Now

316 Elmead Ct, Unit 316 Elmead ct. 1005

316 Elmead Ct
GreenwoodIN46142
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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
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Windsor Court
1 to 2 Bedroom Apartments

Windsor Court

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

Encore Apartments

8035 Preidt PlIndianapolis, IN 46237
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South & Madison
Studio to 3 Bedroom Apartments

South & Madison

1819 Madison Village DrIndianapolis, IN 46227

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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.

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The Sterling
1 to 2 Bedroom Apartments

The Sterling

8020 Madison AveIndianapolis, IN 46227
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Fountain Lake Villas
Studio to 3 Bedroom Apartments

Fountain Lake Villas

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

Grand Oaks

7215 Grand Ritz LnIndianapolis, IN 46237
  • Utilities Included

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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 Brookwood Apartments in the Shelby Street-Epler Avenue neighborhood priced from $775. 5700 Madison Apartments & Edgewood on Madison in the Winchester Village neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here is today’s list of the most affordable Southport apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brookwood Apartments1 Bedroom 1 Bathroom1BR,1BA$775
5700 Madison Apartments & Edgewood on MadisonEdgewood - CypressStudio,1BA$800
South & MadisonE2Studio,1BA$809
SherbrookStudioStudio,1BA$819
Buckridge at Southport1BR/1.0BA1BR,1BA$830
Parc Bordeaux ApartmentsStudioStudio,1BA$850
SOUTHPORT AT BUCK CREEK1 Bedroom1BR,1BA$896
The SterlingThe Lexington1BR,1BA$900
Berkley CommonsOne Bedroom One Bath1BR,1BA$919
Polo Run ApartmentsThe Pinto 2 BR 1 BA2BR,1BA$978

Best Value Apartments for Rent in Southport, IN and Nearby

As of August 13, 2026 the best value apartment in the Southport area is the $1.27 price per square foot 3x2.5 TH R Model at South Haven Village Apartments in the in the Winchester Village neighborhood starting from $1,653. The second greatest value Southport apartment is the 2x2 R 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 Apartments3x2.5 TH R3BR,2.5BA$1.27
Park Madison Apartments2x2 R2BR,2BA$1.09
Auburn Place2 Bedroom 1.5 Bath2BR,1.5BA$1.21
Oak ParkB2 Timber Upgrade2BR,1BA$1.21
Brookwood Apartments3 Bedroom 1.5 Bath3BR,1.5BA$1.29
Windsor CourtTwo Bedroom Two Bathroom (C3M)2BR,2BA$1.15
Martinique Terrace2 Bed/1 Ba Standard Dn2BR,1BA$1.18
The SterlingThe Lexington1BR,1BA$1.22
Buckridge at Southport1BR/1.0BA1BR,1BA$1.15
SOUTHPORT AT BUCK CREEK1 Bedroom1BR,1BA$1.28

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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Remember the 3 Rules of Real Estate:
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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 $800.

How much is rent for a Cheap One Bedroom Southport Apartment?

The lowest price for a Cheap One Bedroom Southport Apartment is $755 at Brookwood Apartments.

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 $950 at Buckridge at Southport.

What is the most affordable Southport Three Bedroom Apartment?

The best deal on a cheap Southport Three Bedroom Apartment rental is at Berkley Commons and starts from $1,149.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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

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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.