
Studio Apartments for Rent in the South Village Neighborhood of Indianapolis, IN (8 Rentals)


Residence on Penn

Gathyr Apartments

Pinnex
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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Slate Apartments

Artistry Indy

Country Club Apartments
South Village - 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 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 | $1,410 | $699 | $2,886 |
South Village 1 Bedroom Apartments | $1,792 | $749 | $3,936 |
South Village 2 Bedroom Apartments | $2,003 | $945 | $3,303 |
South Village 3 Bedroom Apartments | $2,470 | $1,329 | $4,472 |
Browse Apartments in this Neighborhood
There are currently 8 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
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Largest Available South Village Studio Apartments
The largest available Studio apartment unit in the South Village area of Indianapolis, IN is found at Rise on Meridian and is listed at 708 square feet priced from $1,470. Here is today’s list of the largest available 2 Bedroom units in the area:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Rise on Meridian | The Abbi | 708 Sq Ft | $1,470 |
Gathyr Apartments | Beville | 525 Sq Ft | $1,279 |
Residence on Penn | 0BR/1.0BA | 497 Sq Ft | $1,199 |
Cheapest Available South Village Studio Apartments
Currently the lowest priced Studio apartment unit South Village of Indianapolis, IN is the Studio Model starting from $699 at Country Club Apartments. The average price for all Studio apartments in South Village is currently $1,410. Here is today’s list of the cheapest available Studio options in the area:
Apartment Listing | Model Name | Priced From |
---|---|---|
Country Club Apartments | Studio | $699 |
Gathyr Apartments | Bates | $1,199 |
Residence on Penn | 0BR/1.0BA | $1,199 |
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 Village, Indianapolis, IN
Ranked #111
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 Studio South Village Apartments
What is the Cheapest apartment in South Village with Studio?
Currently the most affordable Studio in South Village is at Country Club Apartments listed at $699.
How much is the average rent for a Studio South Village Apartment?
The average rent for a Studio Apartment in South Village is $1,410.
What is the largest available Studio South Village Apartment for rent?
Today's apartment with the most square footage in South Village is a 708 square feet unit starting from $1,470 at Rise on Meridian.
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.

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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.

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.