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from $699Studio to 2 Bedroom Apartments Available Now
Country Club Apartments
360 Sandra LnIndianapolis, IN 46227
Cheap Apartments for Rent in the South Village Neighborhood of Indianapolis, IN from $500 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Village area of Indianapolis.
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from $8771 to 3 Bedroom Apartments Available Now
Brookwood Apartments
5301 S Turtle Creek South DrIndianapolis, IN 46227
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from $878Studio to 3 Bedroom Apartments Available Now
Artistry Indy
451-475 E Market StIndianapolis, IN 46204
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2177-2179 S Delaware St
IndianapolisIN46225
2826 S Pennsylvania St
IndianapolisIN46225
South Village
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 Village, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in South Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Village Studio Apartments | $1,381 | $699 | $2,380 |
| South Village 1 Bedroom Apartments | $1,787 | $749 | $3,607 |
| South Village 2 Bedroom Apartments | $2,067 | $945 | $3,634 |
| South Village 3 Bedroom Apartments | $2,731 | $1,311 | $8,137 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the South Village Neighborhood of Indianapolis, IN.
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South Village, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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Cheapest Available South Village Apartments for Rent
The cheapest available apartment rental in the South Village area of Indianapolis, IN is a Studio unit found at Country Club Apartments priced from $699. Artistry Indy has the second lowest priced unit, which is a Studio apartment currently listed from $878. Here are the most affordable South Village apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Country Club Apartments | Studio | Studio,1BA | $699 |
| Artistry Indy | Edie (EcoSuite) | Studio,1BA | $878 |
| Brookwood Apartments | Evergreen Three | 1BR,1BA | $974 |
Best Value Apartments for Rent in South Village, IN
As of April 09, 2025 the best value apartment in the South Village area is the $0.73 price per square foot 2608 Madison Ave Model at 2608 Madison Ave, Unit Madison in the in the Concord neighborhood starting from $1,600. The second greatest value South Village apartment is the 3 Bedroom 2 Bath Model at The Block starting at $2,199 with a $1.24 price per square foot in the Riley neighborhood. Here is today’s list of the best values for South Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2608 Madison Ave, Unit Madison | 2608 Madison Ave | 3BR,2BA | $0.73 |
| The Block | 3 Bedroom 2 Bath | 3BR,2BA | $1.24 |
| Brookwood Apartments | Sycamore Two | 3BR,1.5BA | $1.33 |
| Slate Apartments | C- One Bedroom | 1BR,1BA | $2.30 |
| Pinnex | A1 | 1BR,1BA | $2.07 |
| Bluff Crossing Apartments | 1BR | 1BR,1BA | $1.97 |
| CityWay | Clark | 1BR,1BA | $2.60 |
| Gathyr Apartments | Beville | Studio ,1BA | $2.44 |
| Residence on Penn | 0BR/1.0BA | Studio ,1BA | $2.41 |
| Country Club Apartments | Studio | Studio ,1BA | $1.56 |
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Pet Friendly LifestyleSouth Village, Indianapolis, IN
Ranked #124
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the South Village Neighborhood in Indianapolis, IN
Walk Score®
48 / 100
Car-Dependent
Most errands require a car
Bike Score®
46 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
27 / 100
Some Transit
A few nearby public transportation options
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 Cheap South Village Apartments
What is the Cheapest Studio apartment in South Village?
Currently the most affordable Cheap Studio Apartment in South Village is at Country Club Apartments listed at $699.
How much is rent for a Cheap One Bedroom South Village Apartment?
The lowest price for a Cheap One Bedroom South Village Apartment is $974 at Brookwood Apartments.
What is the lowest price for a Cheap Two Bedroom South Village Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Village is starting from $945 at Country Club Apartments.
What is the most affordable South Village Three Bedroom Apartment?
The best deal on a cheap South Village Three Bedroom Apartment rental is at Brookwood Apartments and starts from $1,311.
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.
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.
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.