Apartments for Rent in the South Franklin Neighborhood of Indianapolis, IN Under $1,200 (8 Rentals)

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South Franklin, Indianapolis, IN Local Guide

Quick Rent Budget Calculator

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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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Getting Around the South Franklin Neighborhood in Indianapolis, IN

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

36 / 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 South Franklin

How much are Studio apartments in South Franklin?

There are currently 3 Studio Apartments in South Franklin with rent ranges from $1,370 to $1,390 with an average price of $1,383.

What is the current price range for One Bedroom South Franklin Apartments for rent?

Today's rental pricing for One Bedroom Apartments in South Franklin ranges from $914 to $3,355 with an average monthly rent of $1,426.

What does renting a Two Bedroom Apartment in South Franklin cost?

The monthly rent prices of Two Bedroom Apartments currently available in South Franklin range from $995 to $3,351. Today's average rental price for Two Bedrooms here is $1,623.

How expensive are South Franklin Three Bedroom Apartments?

There are currently 13 Three Bedroom Apartments listings available in South Franklin on ApartmentHomeLiving.com. The pricing ranges from $1,620 to $4,052 - averaging $2,012 for the location.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.