1 Bedroom Apartments for Rent in the South Franklin Neighborhood of Indianapolis, IN (10 Rentals)

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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.

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.

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South Franklin - 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!

South Franklin, Indianapolis, IN Local Guide

Largest Available South Franklin 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in the South Franklin area of Indianapolis, IN is found at Arlington Farms and is listed at 819 square feet priced from $1,395. Here is today’s list of the largest available 2 Bedroom units in the area:

Apartment ListingModel NameSquare FootagePriced From
Arlington Farms1 Bed, 1 Bath819 Sq Ft$1,395
ARLO ApartmentsKnox816 Sq Ft$1,340
Overlook at Valley Ridge ApartmentsA3 - Hudson807 Sq Ft$1,179

Cheapest Available South Franklin 1 Bedroom Apartments

Currently the lowest priced 1 Bedroom apartment unit South Franklin of Indianapolis, IN is the A - Mohawk Model starting from $1,077 at Overlook at Valley Ridge Apartments. The average price for all 1 Bedroom apartments in South Franklin is currently $1,401. Here is today’s list of the cheapest available 1 Bedroom options in the area:

Apartment ListingModel NamePriced From
Overlook at Valley Ridge ApartmentsA - Mohawk$1,077
Emerson VillageThe Redwood - Premium$1,113
ARLO ApartmentsKnox$1,340

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
South Franklin, Indianapolis, IN

Ranked #109

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the South Franklin Neighborhood in Indianapolis, IN

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

13 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about 1 Bedroom South Franklin Apartments

What is the Cheapest apartment in South Franklin with 1 Bedroom?

Currently the most affordable 1 Bedroom in South Franklin is at Overlook at Valley Ridge Apartments listed at $1,077.

How much is the average rent for a 1 Bedroom South Franklin Apartment?

The average rent for a 1 Bedroom Apartment in South Franklin is $1,401.

What is the largest available 1 Bedroom South Franklin Apartment for rent?

Today's apartment with the most square footage in South Franklin is a 819 square feet unit starting from $1,395 at Arlington Farms.

What is the average size for South Franklin 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in South Franklin is currently 762 sq ft.

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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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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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.

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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.

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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.