
Cheap Homes for Rent in Near Southside Neighborhood of Indianapolis, IN from $600 (28 Rentals)
Search the lowest-cost Homes available for rent right now in the Near Southside area of Indianapolis.


4 E Washington St

1413 E Washington St

2177-2179 S Delaware St

1048 High St

1836 E Minnesota St

1940 Shelby St

2826 S Pennsylvania St

1948 Shelby St

1910 Southeastern Ave
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.

2002 Shelby St

1329 E Market St

2948 Shelby St

1541 S State Ave

336 Prospect St

2519 Southeastern Ave

1134 Blaine Ave

340 Prospect St

37 N Randolph St

2106 Singleton St
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!

2034 Singleton St

1402 E Kelly St

303 N State Ave

2806 Dietz St

1632 Orange St

1041 High St

2231 Union St

1803 Wilcox St
Near Southside, Indianapolis, IN Local Guide

How much does it cost to rent a home in Near Southside?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Near Southside 2 Bedroom Homes for Rent | $1,604 | $906 | $2,650 |
Near Southside 3 Bedroom Homes for Rent | $1,981 | $1,095 | $6,200 |
Near Southside 4 Bedroom Homes for Rent | $2,569 | $1,350 | $4,850 |
Near Southside 5 Bedroom Homes for Rent | $2,381 | $1,950 | $2,695 |
Browse Homes for Rent in this Neighborhood
There are currently 28 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
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Country Club Apartments | Studio | Studio,1BA | $699 |
Devonshire Apartments in Downtown Indianapolis | 1BR/1.0BA | 1BR,1BA | $840 |
Line Lofts | The Inspiration 60% HOME | 2BR,1BA | $962 |
Artistry Indy | Edie (EcoSuite) | Studio,1BA | $1,060 |
Five Twenty Virginia | D | Studio,1BA | $1,065 |
Canal Square | Arch | 1BR,1BA | $1,117 |
Edge 35 | S2 | Studio,1BA | $1,159 |
The Vue | STUDIO APARTMENT | Studio,1BA | $1,170 |
The Assembly | Cylinder - Workforce | 1BR,1BA | $1,175 |
Emhardt Apartments | 1BR/1.0BA | 1BR,1BA | $1,195 |
Best Value Apartments for Rent in Near Southside, IN
As of April 17, 2025 the best value apartment in the Near Southside area is the $0.73 price per square foot 2608 Madison Ave Model at 2608 Madison Ave, Unit Madison in the in the Concord neighborhood starting from $1,600. The second greatest value Near Southside apartment is the 3 Bedroom 2 Bath Model at The Block starting at $2,199 with a $1.24 price per square foot in the Riley 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. |
---|---|---|---|
2608 Madison Ave, Unit Madison | 2608 Madison Ave | 3BR,2BA | $0.73 |
The Block | 3 Bedroom 2 Bath | 3BR,2BA | $1.24 |
Maxwell Apartments | London | 2BR,2BA | $1.26 |
Penn Street Tower Apartments | Senate: Floors 10-12 | 2BR,1BA | $1.37 |
405 Sanders St, Unit A | 405 Sanders St | 2BR,1BA | $1.35 |
Indy Colonial Apartments | Two Bedroom | 2BR,1BA | $1.30 |
Line Lofts | The Intuition 60% | 2BR,1BA | $1.42 |
Lockerbie Flats | 1 Bedroom | 1BR,2BA | $1.48 |
The E'Laan | The Vonnegut II | 1BR,1BA | $1.63 |
Country Club Apartments | Studio | Studio ,1BA | $1.56 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Near Southside
What type of rentals are currently available in Near Southside?
There are currently 165 Apartments for Rent in Near Southside, IN with pricing that ranges from $435 to $16,560. There are also 116 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near Southside ranging from $695 to $6,200.
What is the current price range for Rental Homes in Near Southside?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Near Southside ranges from $695 to $6,200 with an average monthly rent of $1,804.
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.

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.