
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.

10646 Pavilion Dr
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.

5438 Grassy Bank Dr
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

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 | $1,410 | $887 | $3,659 |
South Franklin 2 Bedroom Apartments | $1,625 | $1,094 | $2,819 |
South Franklin 3 Bedroom Apartments | $2,126 | $1,495 | $4,016 |
South Franklin 4 Bedroom Apartments | $2,285 | $2,040 | $2,530 |
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 #123
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet 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
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 Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.

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.