
Cheap Apartments for Rent in the Near Southside Neighborhood of Indianapolis, IN from $400 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near Southside area of Indianapolis.


Country Club Apartments

642 Arbor Ave

Madison Lofts

Welcome to Dawson Village – Welcome Home!

Devonshire Apartments in Downtown Indianapolis

Emhardt Apartments

1354 Shelby St

1134 Blaine Ave

Edge 35
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.

Maxwell Apartments

Artistry Indy

Lofts on Madison

126 E Vermont St

1128-1130 Churchman Ave

2806 Dietz St

Residence on Penn

Indy Colonial Apartments

Lockerbie Lofts

Rise on Meridian
Near Southside - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Canal Square

949 Prospect St, Unit Up

333 Penn Apartments

1614 E Gimber St

The Leo

Gathyr Apartments

Pinnex

The E'Laan

1005 Sanders St

Mozzo apartments

Penn Street Tower Apartments

406 N Delaware St

The Continental Towers at Vermont Place
Near Southside, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Near Southside?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Near Southside Studio Apartments | $1,501 | $699 | $3,650 |
Near Southside 1 Bedroom Apartments | $1,769 | $475 | $4,292 |
Near Southside 2 Bedroom Apartments | $2,415 | $899 | $9,733 |
Near Southside 3 Bedroom Apartments | $2,823 | $1,195 | $5,624 |
Browse Apartments in this Neighborhood
There are currently 44 rentals with your search options within a 2 mile radius of the Near Southside Neighborhood of Indianapolis, IN.
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Near Southside, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Near Southside Apartments for Rent
 The cheapest available apartment rental in the Near Southside area of Indianapolis, IN is a Studio unit found at Country Club Apartments priced from $699. Line Lofts has the second lowest priced unit, which is a 2 Beds apartment currently listed from $962. Here are the most affordable Near Southside apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Country Club Apartments | Studio | Studio,1BA | $699 |
Line Lofts | The Inspiration 60% HOME | 2BR,1BA | $962 |
Emhardt Apartments | 1BR/1.0BA | 1BR,1BA | $995 |
Welcome to Dawson Village – Welcome Home! | 2 BR/1 BA - Renovated Townhome | 2BR,1BA | $1,095 |
Lofts on Madison | Studio | Studio,1BA | $1,099 |
Canal Square | Arch | 1BR,1BA | $1,117 |
The Vue | STUDIO APARTMENT | Studio,1BA | $1,151 |
Gathyr Apartments | Bates | Studio,1BA | $1,199 |
Residence on Penn | 0BR/1.0BA | Studio,1BA | $1,199 |
Rise on Meridian | The Amelia | Studio,1BA | $1,205 |
Best Value Apartments for Rent in Near Southside, IN
As of April 29, 2025 the best value apartment in the Near Southside area is the $1.24 price per square foot 3 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $2,199. The second greatest value Near Southside apartment is the Park Avenue Model at The Pointe on Mass starting at $2,470 with a $1.63 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for Near Southside apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Block | 3 Bedroom 2 Bath | 3BR,2BA | $1.24 |
The Pointe on Mass | Park Avenue | 2BR,2BA | $1.63 |
Penn Street Tower Apartments | Senate: Floors 10-12 | 2BR,1BA | $1.37 |
405 Sanders St, Unit A | 405 Sanders St | 2BR,1BA | $1.35 |
Line Lofts | The Intuition 60% | 2BR,1BA | $1.42 |
Lockerbie Flats | 1 Bedroom | 1BR,2BA | $1.48 |
Welcome to Dawson Village – Welcome Home! | 2 BR/1 BA - Renovated Townhome | 2BR,1BA | $1.22 |
The E'Laan | The Vonnegut II | 1BR,1BA | $1.65 |
Emhardt Apartments | 1BR/1.0BA | 1BR,1BA | $1.70 |
Country Club Apartments | Studio | Studio ,1BA | $1.56 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleNear Southside, Indianapolis, IN
Ranked #14
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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
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 Near Southside Apartments
What is the Cheapest Studio apartment in Near Southside?
Currently the most affordable Cheap Studio Apartment in Near Southside is at Country Club Apartments listed at $699.
How much is rent for a Cheap One Bedroom Near Southside Apartment?
The lowest price for a Cheap One Bedroom Near Southside Apartment is $995 at Emhardt Apartments.
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 $945 at Country Club Apartments.
What is the most affordable Near Southside Three Bedroom Apartment?
The best deal on a cheap Near Southside Three Bedroom Apartment rental is at The Block and starts from $2,199.
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.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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.