2 Bedroom Apartments for Rent in the South Franklin Neighborhood of Indianapolis, IN (13 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.

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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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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 - 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!

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Showing Results 1-13, Page 1 of 1

South Franklin, Indianapolis, IN Local Guide

Largest Available South Franklin 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in the South Franklin area of Indianapolis, IN is found at Redwood Indianapolis and is listed at 1,343 square feet priced from $1,748. Here is today’s list of the largest available 2 Bedroom units in the area:

Apartment ListingModel NameSquare FootagePriced From
Redwood IndianapolisHaydenwood1,343 Sq Ft$1,748
Coventry Park Village2 Bedroom 2.5 Bath Townhome1,335 Sq Ft$1,925
Arlington Farms2 Bed, 2 Bath1,243 Sq Ft$1,695
ARLO ApartmentsNash1,187 Sq Ft$1,650
Keeneland Crest ApartmentsVictorian1,100 Sq Ft$1,214

Cheapest Available South Franklin 2 Bedroom Apartments

Currently the lowest priced 2 Bedroom apartment unit South Franklin of Indianapolis, IN is the The Ruby - Premium Model starting from $1,083 at Emerson Village. The average price for all 2 Bedroom apartments in South Franklin is currently $1,568. Here is today’s list of the cheapest available 2 Bedroom options in the area:

Apartment ListingModel NamePriced From
Emerson VillageThe Ruby - Premium$1,083
Keeneland Crest ApartmentsVictorian$1,214
Overlook at Valley Ridge ApartmentsB2 - Shenandoah$1,369
Alder Woods LLCAlder$1,415
ARLO ApartmentsMilo$1,620

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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Best Local Schools in
South Franklin, Indianapolis, IN

School data provided by Great Schools

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

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 2 Bedroom South Franklin Apartments

What is the Cheapest apartment in South Franklin with 2 Bedroom?

Currently the most affordable 2 Bedroom in South Franklin is at Emerson Village listed at $1,083.

How much is the average rent for a 2 Bedroom South Franklin Apartment?

The average rent for a 2 Bedroom Apartment in South Franklin is $1,568.

What is the largest available 2 Bedroom South Franklin Apartment for rent?

Today's apartment with the most square footage in South Franklin is a 1,343 square feet unit starting from $1,748 at Redwood Indianapolis.

What is the average size for South Franklin 2 Bedroom Apartments for rent?

The average size for a 2 Bedroom rental in South Franklin is currently 1,051 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.

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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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.