1252 Goldenrod Dr
IndianapolisIN46219
Cheap Homes for Rent in South Franklin Avenue Neighborhood of Indianapolis, IN from $700 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the South Franklin Avenue area of Indianapolis.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
6238 Eastridge Dr
IndianapolisIN46219
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
2203 Admiral Dr
IndianapolisIN46219
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.
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South Franklin Avenue, Indianapolis, IN Local Guide
How much does it cost to rent a home in South Franklin Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Franklin Avenue 2 Bedroom Homes for Rent | $1,072 | $725 | $1,600 |
| South Franklin Avenue 3 Bedroom Homes for Rent | $1,517 | $1,300 | $1,749 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the South Franklin Avenue Neighborhood of Indianapolis, IN.
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South Franklin Avenue, Indianapolis, IN Local Guide
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Best Value Apartments for Rent in South Franklin Avenue, IN
As of May 11, 2025 the best value apartment in the South Franklin Avenue area is the $1.24 price per square foot Beautiful Renovated Historic Apartment - 2 bedr... Model at School 85 in the in the Southeast Indianapolis neighborhood starting from $1,610. The second greatest value South Franklin Avenue apartment is the Two Bedroom 1.5 Bath Model at Paragon Park starting at $1,199 with a $0.98 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for South Franklin Avenue apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| School 85 | Beautiful Renovated Historic Apartment - 2 bedr... | 2BR,2BA | $1.24 |
| Paragon Park | Two Bedroom 1.5 Bath | 2BR,1.5BA | $0.98 |
| 7302 East Washington Street, Unit A | 7302 East Washington Street | Studio ,1.5BA | $1.04 |
| The Life at Belhaven Place | 3 Bed 2 Bath | 3BR,2BA | $1.18 |
| 60 - ADDISON APARTMENTS | 1st Floor Standard | 2BR,1BA | $0.95 |
| Vistas Apartments | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.10 |
| The Aerie on 11th Street | 6260 East 11th Street - Apt 305 | 2BR,1BA | $0.82 |
| Braeburn Village | 2X1-50 | 2BR,1BA | $1.19 |
| 50 - SAXONY COURT APARTMENTS | Saxony 2 Bd Standard | 2BR,1BA | $1.18 |
| Indy Town Apartments | Arlington Green 2 bedroom | 2BR,1BA | $1.32 |
Quick Rent Budget Calculator
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Frequently Asked Questions about South Franklin Avenue
What type of rentals are currently available in South Franklin Avenue?
There are currently 60 Apartments for Rent in South Franklin Avenue, IN with pricing that ranges from $400 to $1,995. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Franklin Avenue ranging from $725 to $1,749.
What is the current price range for Rental Homes in South Franklin Avenue?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Franklin Avenue ranges from $725 to $1,749 with an average monthly rent of $1,179.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.