Cheap Apartments for Rent in the Near Southside Neighborhood of Indianapolis, IN from $400 (30 Rentals)

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

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937-939 Church St
$1,0951 Bedroom, 1 Bath RentalsAvailable Now

937-939 Church St

Indianapolis, IN 46225
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944 E Minnesota St
$1,1492 Bedroom, 2 Bath RentalsAvailable Now

944 E Minnesota St

Indianapolis, IN 46203
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Garfield Place
2 Bedroom Apartments

Garfield Place

2236 Ransdell StIndianapolis, IN 46225
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Mayleeno
1 Bedroom Apartments

Mayleeno

416 E Vermont PlIndianapolis, IN 46202
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1354 Shelby St
1 Bedroom Apartments

1354 Shelby St

1354 Shelby StIndianapolis, IN 46203
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Grid
Studio to 2 Bedroom Apartments

Grid

520 E Washington StIndianapolis, IN 46204
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The Vue
Studio to 2 Bedroom Apartments

The Vue

718 E Georgia StIndianapolis, IN 46202
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550 Fletcher Ave
2 Bedroom Apartments

550 Fletcher Ave

550 Fletcher AveIndianapolis, IN 46203

Near Southside, Indianapolis, IN Local Guide

Cheapest Available Near Southside Apartments for Rent

 

The cheapest available apartment rental in the Near Southside area of Indianapolis, IN is a 2 Beds unit found at Welcome to Dawson Village – Welcome Home! priced from $829. Devonshire Apartments in Downtown Indianapolis has the second lowest priced unit, which is a 1 Bed apartment currently listed from $840. Here are the most affordable Near Southside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Welcome to Dawson Village – Welcome Home!2 BR/1 BA - FLATS2BR,1BA$829
Devonshire Apartments in Downtown Indianapolis1BR/1.0BA1BR,1BA$840
Madison Lofts1x1 650sf1BR,1BA$899
Line LoftsThe Inspiration 60% HOME2BR,1BA$962
Maxwell ApartmentsMilanStudio,1BA$1,013
Lockerbie FlatsStudioStudio,1BA$1,095
Artistry IndyJacquelineStudio,1BA$1,121
The VueSTUDIO APARTMENTStudio,1BA$1,123
Emhardt Apartments1BR/1.0BA1BR,1BA$1,195
333 Penn ApartmentsMarket1BR,1BA$1,199

Best Value Apartments for Rent in Near Southside, IN

As of February 18, 2025 the best value apartment in the Near Southside area is the $1.23 price per square foot 352 N Arsenal Ave Model at 352 N Arsenal Ave in the in the Riley neighborhood starting from $1,850. The second greatest value Near Southside apartment is the Turnverein 308 - Townhome Model at The Continental Towers at Vermont Place starting at $1,830 with a $1.72 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Near Southside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
352 N Arsenal Ave352 N Arsenal Ave3BR,1.5BA$1.23
The Continental Towers at Vermont PlaceTurnverein 308 - Townhome2BR,1.5BA$1.72
Wheeler LoftsAStudio ,1BA$1.45
Line LoftsThe Inspiration 60%2BR,1BA$1.42
The E'LaanThe Vonnegut II1BR,1BA$1.67
The VueONE BEDROOM APARTMENT1BR,1BA$1.60
Lockerbie FlatsStudioStudio ,1BA$1.43
Welcome to Dawson Village – Welcome Home!2BR/1BA FLAT REMODEL2BR,1BA$1.43
Penn Street Tower ApartmentsSt. Clair1BR,1BA$1.72
Madison Lofts1x1 618sf1BR,1BA$1.45

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Near Southside, Indianapolis, IN

Ranked #10

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States and customized analysis for Central Indianapolis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, pet-friendly features, features that make it easier to raise kids, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Near Southside Neighborhood in Indianapolis, IN

Walk Score®

40 / 100

Car-Dependent

Most errands require a car

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

31 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Near Southside Apartments

What is the Cheapest Studio apartment in Near Southside?

Currently the most affordable Cheap Studio Apartment in Near Southside is at Maxwell Apartments listed at $1,013.

How much is rent for a Cheap One Bedroom Near Southside Apartment?

The lowest price for a Cheap One Bedroom Near Southside Apartment is $840 at Devonshire Apartments in Downtown Indianapolis.

What is the lowest price for a Cheap Two Bedroom Near Southside Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Near Southside is starting from $829 at Welcome to Dawson Village – Welcome Home!.

What is the most affordable Near Southside Three Bedroom Apartment?

The best deal on a cheap Near Southside Three Bedroom Apartment rental is at Artistry Indy and starts from $2,083.

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.

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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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.