Cheap Apartments for Rent in the South Perry Neighborhood of Indianapolis, IN from $400 (19 Rentals)

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Cheap Apartments in the South Perry area of Indianapolis.

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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Windsor Court
1 to 2 Bedroom Apartments

Windsor Court

7302 Queen Anne CtIndianapolis, IN 46227
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Encore Apartments
Studio to 1 Bedroom Apartments

Encore Apartments

8035 Preidt PlIndianapolis, IN 46237
  • Utilities Included

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 & Madison
Studio to 3 Bedroom Apartments

South & Madison

1819 Madison Village DrIndianapolis, IN 46227
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Crestwood Village South
Studio to 2 Bedroom Apartments

Crestwood Village South

8809 Madison AveIndianapolis, IN 46227
Senior Living
  • Utilities Included
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Grand Oaks
1 to 2 Bedroom Apartments

Grand Oaks

7215 Grand Ritz LnIndianapolis, IN 46237
  • Utilities Included

South Perry - 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 Perry, Indianapolis, IN Local Guide

Cheapest Available South Perry Apartments for Rent

 

The cheapest available apartment rental in the South Perry area of Indianapolis, IN is a 1 Bed unit found at Buckridge at Southport priced from $825. Windsor Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $840. Here are the most affordable South Perry apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Buckridge at Southport1BR/1.0BA1BR,1BA$825
Windsor CourtDeluxe One Bedroom (AN)1BR,1BA$840
South & MadisonE2Studio,1BA$840
Greentree Apartments1 Bedroom 1 Bathroom1BR,1BA$899
The SycamoresA1 The Sycamores 1/11BR,1BA$950

Best Value Apartments for Rent in South Perry, IN

As of May 01, 2025 the best value apartment in the South Perry area is the $1.19 price per square foot Three Bedroom 1.5 Bath TH Model at Berkley Commons in the in the Winchester Village neighborhood starting from $1,480. The second greatest value South Perry apartment is the 2x1.5 TH Model at South Haven Village Apartments starting at $1,215 with a $1.22 price per square foot in the Winchester Village neighborhood. Here is today’s list of the best values for South Perry apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Berkley CommonsThree Bedroom 1.5 Bath TH3BR,1BA$1.19
South Haven Village Apartments2x1.5 TH2BR,1.5BA$1.22
Brookwood ApartmentsSycamore Two3BR,1.5BA$1.38
Sundance ApartmentsThe Mist 2 BR 1 BA2BR,1BA$1.37
The SycamoresB2 The Spruce 2/22BR,2BA$1.38
Oak ParkForest1BR,1BA$1.12
The SterlingThe Lexington1BR,1BA$1.32
Buckridge at Southport1BR/1.0BA1BR,1BA$1.15
South & MadisonA11BR,1BA$1.27
Windsor CourtDeluxe One Bedroom (AN)1BR,1BA$1.37

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for South Indianapolis. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the South Perry Neighborhood in Indianapolis, IN

Walk Score®

56 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

26 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap South Perry Apartments

What is the Cheapest Studio apartment in South Perry?

Currently the most affordable Cheap Studio Apartment in South Perry is at South & Madison listed at $840.

How much is rent for a Cheap One Bedroom South Perry Apartment?

The lowest price for a Cheap One Bedroom South Perry Apartment is $825 at Buckridge at Southport.

What is the lowest price for a Cheap Two Bedroom South Perry Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Perry is starting from $985 at Windsor Court.

What is the most affordable South Perry Three Bedroom Apartment?

The best deal on a cheap South Perry Three Bedroom Apartment rental is at Berkley Commons and starts from $1,130.

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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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.