
Loft Style Apartments for Rent in the South Franklin Neighborhood of Indianapolis, IN (3 Rentals)
Apartments in the South Franklin area of Indianapolis with high ceilings and cool urban vibes.

What Exactly Is a Loft Style Apartment?
Apartments come in many varieties. Among these, the so-called ‘Loft Apartment’ usually features higher ceilings, and larger windows, and frequently includes industrial design elements.

5438 Grassy Bank Dr
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.

10646 Pavilion Dr
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.
South Franklin, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in South Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Franklin Studio Apartments | $1,376 | $1,370 | $1,390 |
South Franklin 1 Bedroom Apartments | $1,420 | $1,027 | $3,004 |
South Franklin 2 Bedroom Apartments | $1,587 | $1,056 | $2,834 |
South Franklin 3 Bedroom Apartments | $2,116 | $1,584 | $4,527 |
South Franklin 4 Bedroom Apartments | $2,383 | $1,795 | $3,220 |
Browse Apartments in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the South Franklin Neighborhood of Indianapolis, IN.
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South Franklin, Indianapolis, IN Local Guide
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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.
Pet Friendly LifestyleSouth Franklin, Indianapolis, IN
Ranked #109
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South Franklin, Indianapolis, IN
Lillie Idella Kitley Elementary
Franklin Central High School
Franklin Central Junior High
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 Loft South Franklin Apartments
What is the Cheapest Loft apartment in South Franklin?
Currently the most affordable Loft Apartment in South Franklin is at Coventry Park Village listed at $1,925.
How much is the average rent for a Loft South Franklin Apartment?
The average rent for a Loft Apartment in South Franklin is $1,925.
What is the largest Loft South Franklin Apartment for rent?
Today's Loft apartment with the most square footage in South Franklin is a 1,650 square feet unit starting from $1,925 at Coventry Park Village.
What is the average size for South Franklin Loft Apartments for rent?
The average size for a Loft rental in South Franklin is currently at 1,335 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.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
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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.