Cheap Apartments for Rent in the Old Southside Neighborhood of Indianapolis, IN from $1,000 (13 Rentals)

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

property at 937-939 Church St

937-939 Church St

IndianapolisIN46225

Old Southside, Indianapolis, IN Local Guide

Cheapest Available Old Southside Apartments for Rent

 

The cheapest available apartment rental in the Old Southside area of Indianapolis, IN is a Studio unit found at Artistry Indy priced from $1,176. 9 on Canal has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable Old Southside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Artistry IndyEdie (EcoSuite)Studio,1BA$1,176
9 on CanalStockholm1BR,1BA$1,195
Lofts on MadisonStudioStudio,1BA$1,199
Rise on MeridianThe AmeliaStudio,1BA$1,205
Canal SquareArch II1BR,1BA$1,269

Best Value Apartments for Rent in Old Southside, IN

As of March 29, 2025 the best value apartment in the Old 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 Old Southside apartment is the B3- 2 Bedroom Model at Ardmore Apartments starting at $2,695 with a $2.16 price per square foot in the Riley neighborhood. Here is today’s list of the best values for Old Southside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Block3 Bedroom 2 Bath3BR,2BA$1.24
Ardmore ApartmentsB3- 2 Bedroom2BR,2.5BA$2.16
PinnexA21BR,1BA$2.12
9 on CanalAmsterdam - Lux1BR,1BA$2.51
CityWayClark1BR,1BA$2.50
220 MeridianS1aStudio ,1BA$3.62
Lofts on MadisonStudioStudio ,1BA$2.40
Canal SquareArch II1BR,1BA$2.62
Rise on MeridianThe AmeliaStudio ,1BA$3.01
Artistry IndyEdie (EcoSuite)Studio ,1BA$3.33

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Pet Friendly Lifestyle
Old Southside, Indianapolis, IN

Ranked #93

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Old Southside Neighborhood in Indianapolis, IN

Walk Score®

62 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

71 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

50 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Old Southside Apartments

What is the Cheapest Studio apartment in Old Southside?

Currently the most affordable Cheap Studio Apartment in Old Southside is at Artistry Indy listed at $1,176.

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

The lowest price for a Cheap One Bedroom Old Southside Apartment is $1,195 at 9 on Canal.

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

Today's best deal for a Cheap Two Bedroom Apartment in Old Southside is starting from $1,397 at Artistry Indy.

What is the most affordable Old Southside Three Bedroom Apartment?

The best deal on a cheap Old 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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

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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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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.

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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.