
Cheap Homes for Rent in Southport, IN from $300 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Southport.


3206 S Temple Ave
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.

1051 E Edwards Ave

93 S 5th Ave
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.

706 Fletcher Ln
Southport, IN Local Guide

How much does it cost to rent a home in Southport?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southport 2 Bedroom Homes for Rent | $1,260 | $1,080 | $1,450 |
| Southport 3 Bedroom Homes for Rent | $1,869 | $1,195 | $4,500 |
| Southport 4 Bedroom Homes for Rent | $2,392 | $1,425 | $4,950 |
| Southport 5 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Browse Top Homes for Rent in Southport
Explore Southport
Southport, IN Local Guide
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Cheapest Available Southport Apartments for Rent and Nearby
 The cheapest available apartment rental in Southport, IN is a Studio unit found at 5700 Madison Apartments & Edgewood on Madison in the Winchester Village neighborhood priced from $790. South & Madison in the Winchester Village neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $809. Here is today’s list of the most affordable Southport apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Cypress | Studio,1BA | $790 |
| South & Madison | E2 | Studio,1BA | $809 |
| Windsor Court | Standard One Bedroom (SN4) | 1BR,1BA | $824 |
Best Value Apartments for Rent in Southport, IN and Nearby
As of May 14, 2026 the best value apartment in the Southport area is the $1.22 price per square foot Four Bedroom 2.5 Bath TH Model at Berkley Commons in the in the Winchester Village neighborhood starting from $1,675. The second greatest value Southport apartment is the 2x2 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Berkley Commons | Four Bedroom 2.5 Bath TH | 4BR,2.5BA | $1.22 |
| Park Madison Apartments | 2x2 | 2BR,2BA | $1.09 |
| Waterford Place Apartments | The Donegal | 2BR,1.5BA | $1.23 |
| Auburn Place | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.26 |
| Oak Park | B2 Timber Upgrade | 2BR,1BA | $1.21 |
| Fountain Lake Villas | The Herrington | 2BR,1BA | $1.27 |
| South & Madison | B2 | 2BR,1BA | $1.19 |
| Martinique Terrace | 1 Bed/1 Ba Up Mini W/D | 1BR,1BA | $1.18 |
| The Sterling | The Lexington | 1BR,1BA | $1.18 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $1.25 |
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.
Read ArticleYour 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
Read ArticleReal 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Southport, IN
Frequently Asked Questions about Southport
What type of rentals are currently available in Southport?
There are currently 57 Apartments for Rent in Southport, IN with pricing that ranges from $790 to $6,065. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southport ranging from $325 to $4,950.
What is the current price range for Rental Homes in Southport?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Southport ranges from $325 to $4,950 with an average monthly rent of $1,649.
How much are larger Three and Four Bedroom Rentals in Southport?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Southport range from $1,130 to $6,065, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,425 and Four Bedroom Apartments start at $1,675.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.