Studio Apartments for Rent in the South Perry Neighborhood of Indianapolis, IN (7 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.

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.

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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Encore Apartments
Studio Apartments

Encore Apartments

8035 Preidt PlIndianapolis, 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!

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South & Madison
Studio Apartments

South & Madison

1819 Madison Village DrIndianapolis, IN 46227
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Crestwood Village South
Studio Apartments

Crestwood Village South

8809 Madison AveIndianapolis, IN 46227
Senior Living
  • Utilities Included

South Perry, Indianapolis, IN Local Guide

Largest Available South Perry Studio Apartments

The largest available Studio apartment unit in the South Perry area of Indianapolis, IN is found at ARLO Apartments and is listed at 641 square feet priced from $1,370. Here is today’s list of the largest available 2 Bedroom units in the area:

Apartment ListingModel NameSquare FootagePriced From
ARLO ApartmentsFinn641 Sq Ft$1,370
SherbrookOne Bed One Bath576 Sq Ft$989
South & MadisonE1448 Sq Ft$840

Cheapest Available South Perry Studio Apartments

Currently the lowest priced Studio apartment unit South Perry of Indianapolis, IN is the E1 Model starting from $840 at South & Madison. The average price for all Studio apartments in South Perry is currently $1,075. Here is today’s list of the cheapest available Studio options in the area:

Apartment ListingModel NamePriced From
South & MadisonE1$840
SherbrookOne Bed One Bath$989
ARLO ApartmentsFinn$1,370

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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Indiana, including Indianapolis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best outdoor access, kid and pet-friendly communities, availability of transit options, and much more. 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 Studio South Perry Apartments

What is the Cheapest apartment in South Perry with Studio?

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

How much is the average rent for a Studio South Perry Apartment?

The average rent for a Studio Apartment in South Perry is $1,075.

What is the largest available Studio South Perry Apartment for rent?

Today's apartment with the most square footage in South Perry is a 641 square feet unit starting from $1,370 at ARLO Apartments.

What is the average size for South Perry Studio Apartments for rent?

The average size for a Studio rental in South Perry is currently 487 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.

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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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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.