
Cheap Apartments for Rent in the Southside Indianapolis Neighborhood of Greenwood, IN from $300 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southside Indianapolis area of Greenwood.


Polo Run Apartments
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.

8149 Trevellian Way

8109 Johnstown Ct

3321 Eastwind Ct

5700 Madison Apartments & Edgewood on Madison

Sherbrook

40 E Mulberry St

Parc Bordeaux Apartments

Meridian Court South

Alpine Studios

Brookwood Apartments

SOUTHPORT AT BUCK CREEK

Greentree Apartments

345 E King St
Southside Indianapolis, Greenwood, IN Local Guide

How much does it cost to rent an apartment in Southside Indianapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Southside Indianapolis Studio Apartments | $1,071 | $750 | $1,675 |
Southside Indianapolis 1 Bedroom Apartments | $1,227 | $345 | $3,581 |
Southside Indianapolis 2 Bedroom Apartments | $1,470 | $920 | $2,787 |
Southside Indianapolis 3 Bedroom Apartments | $1,855 | $1,070 | $3,973 |
Southside Indianapolis 4 Bedroom Apartments | $2,046 | $1,505 | $2,515 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Southside Indianapolis Neighborhood of Greenwood, IN.
See all Apartments in GreenwoodExplore Greenwood
Southside Indianapolis, Greenwood, IN Local Guide
- Nearby Greenwood neighborhoods
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Cheapest Available Southside Indianapolis Apartments for Rent
 The cheapest available apartment rental in the Southside Indianapolis area of Greenwood, IN is a Studio unit found at Waterbury Apartments priced from $750. 5700 Madison Apartments & Edgewood on Madison has the second lowest priced unit, which is a Studio apartment currently listed from $770. Here are the most affordable Southside Indianapolis apartments for rent in Greenwood, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Waterbury Apartments | Studio | Studio,1BA | $750 |
5700 Madison Apartments & Edgewood on Madison | Edgewood - Loft | Studio,1BA | $770 |
Polo Run Apartments | The Shetland Studio | Studio,1BA | $790 |
Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $825 |
South & Madison | E2 | Studio,1BA | $840 |
Windsor Court | Deluxe One Bedroom (AN) | 1BR,1BA | $840 |
Parc Bordeaux Apartments | Studio | Studio,1BA | $850 |
Greentree Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $899 |
Brookwood Apartments | Elm | 1BR,1BA | $902 |
The Sycamores | A1 The Sycamores 1/1 | 1BR,1BA | $950 |
Best Value Apartments for Rent in Southside Indianapolis, IN
As of April 25, 2025 the best value apartment in the Southside Indianapolis area is the $1.16 price per square foot L3-SUN Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $2,200. The second greatest value Southside Indianapolis apartment is the 2 Bedroom Townhome Model at SOUTHPORT AT BUCK CREEK starting at $1,299 with a $0.93 price per square foot in the Thompson-Edgewood neighborhood. Here is today’s list of the best values for Southside Indianapolis apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Links at Franklin | L3-SUN | 3BR,2BA | $1.16 |
SOUTHPORT AT BUCK CREEK | 2 Bedroom Townhome | 2BR,1.5BA | $0.93 |
Sherman Village | Townhome | 3BR,1.5BA | $1.00 |
Greenwood Oaks | 2 Bed/2.5 Bath Town Home | 2BR,2.5BA | $1.14 |
Park Madison Apartments | 2x2 | 2BR,2BA | $0.93 |
Strawbridge Green | Madison | 2BR,1.5BA | $1.03 |
Oak Park | Forest | 1BR,1BA | $1.12 |
Auburn Place Apartments | Mahogany | 2BR,1BA | $1.10 |
Copper Chase at Stones Crossing | Bismuth | 1BR,1BA | $1.17 |
Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $1.15 |
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Pet Friendly LifestyleSouthside Indianapolis, Greenwood, IN
Ranked #1
Among neighborhoods in Greenwood, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Southside Indianapolis, Greenwood, IN
Whiteland Elementary School
Whiteland Community High School
Clark Pleasant Middle School
School data provided by Great Schools
Getting Around the Southside Indianapolis Neighborhood in Greenwood, IN
Walk Score®
38 / 100
Car-Dependent
Most errands require a car
Bike Score®
41 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Southside Indianapolis Apartments
What is the Cheapest Studio apartment in Southside Indianapolis?
Currently the most affordable Cheap Studio Apartment in Southside Indianapolis is at Waterbury Apartments listed at $750.
How much is rent for a Cheap One Bedroom Southside Indianapolis Apartment?
The lowest price for a Cheap One Bedroom Southside Indianapolis Apartment is $825 at Buckridge at Southport.
What is the lowest price for a Cheap Two Bedroom Southside Indianapolis Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Southside Indianapolis is starting from $985 at Windsor Court.
What is the most affordable Southside Indianapolis Three Bedroom Apartment?
The best deal on a cheap Southside Indianapolis Three Bedroom Apartment rental is at Berkley Commons and starts from $1,130.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.