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Meridian Court South
7266 Lockwood LnIndianapolis, IN 46217
Cheap Apartments for Rent in the Southdale Neighborhood of Indianapolis, IN from $700 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southdale area of Indianapolis.
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from $8721 to 3 Bedroom Apartments Available Now
Brookwood Apartments
5301 S Turtle Creek South DrIndianapolis, IN 46227
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from $9501 to 3 Bedroom Apartments Available Now
The Sycamores
7913 Ella Dobbs LnIndianapolis, IN 46227
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from $9551 to 2 Bedroom Apartments Available Now
Thompson Village Apartments
139 Thompson Village WayIndianapolis, IN 46227
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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from $1,0001 to 3 Bedroom Apartments Available Now
City Heights
457 Monument View DrIndianapolis, IN 46227
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from $1,0991 to 3 Bedroom Apartments Available Now
Martinique Terrace
6789 S East StIndianapolis, IN 46227
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Southdale - 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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Southdale, Indianapolis, IN Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Southdale?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southdale Studio Apartments | $1,199 | $1,199 | $1,199 |
| Southdale 1 Bedroom Apartments | $1,168 | $860 | $1,499 |
| Southdale 2 Bedroom Apartments | $1,288 | $984 | $1,799 |
| Southdale 3 Bedroom Apartments | $1,549 | $1,329 | $2,067 |
| Southdale 4 Bedroom Apartments | $1,969 | $1,969 | $1,969 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Southdale Neighborhood of Indianapolis, IN.
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Southdale, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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Cheapest Available Southdale Apartments for Rent
The cheapest available apartment rental in the Southdale area of Indianapolis, IN is a 1 Bed unit found at The Sycamores priced from $950. Thompson Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $955. Here are the most affordable Southdale apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Sycamores | A1 The Sycamores 1/1 | 1BR,1BA | $950 |
| Thompson Village Apartments | .One Bedroom Apartment | 1BR,1BA | $955 |
| Brookwood Apartments | Evergreen Three | 1BR,1BA | $982 |
Best Value Apartments for Rent in Southdale, IN
As of April 26, 2025 the best value apartment in the Southdale area is the $1.17 price per square foot 2 Bedroom 2 Baths - Phase I Model at Aspen Lakes in the in the Southern Homes neighborhood starting from $1,400. The second greatest value Southdale apartment is the Yellowstone Model at Dakota Ridge starting at $1,365 with a $1.32 price per square foot in the Southern Homes neighborhood. Here is today’s list of the best values for Southdale apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Aspen Lakes | 2 Bedroom 2 Baths - Phase I | 2BR,2BA | $1.17 |
| Dakota Ridge | Yellowstone | 2BR,2BA | $1.32 |
| Brookwood Apartments | Sycamore Two | 3BR,1.5BA | $1.38 |
| The Sycamores | B2 The Spruce 2/2 | 2BR,2BA | $1.38 |
| Berkley Commons | Two Bedroom 1.5 Bath TH | 2BR,1.5BA | $1.27 |
| Southern Dunes | Harmony | 1BR,1BA | $1.58 |
| Martinique Terrace | 1Bd/1Ba-Dn Mini W/D | 1BR,1BA | $1.34 |
| The Sterling | The Remington | 2BR,1BA | $1.22 |
| Creek Bay | 1Bed/1Bath Large | 1BR,1BA | $1.46 |
| City Heights | 1A | 1BR,1BA | $1.44 |
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Pet Friendly LifestyleSouthdale, Indianapolis, IN
Ranked #154
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Southdale Neighborhood in Indianapolis, IN
Walk Score®
42 / 100
Car-Dependent
Most errands require a car
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
20 / 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 Cheap Southdale Apartments
What is the price of a cheap apartment in Southdale?
The cheapest apartment in Southdale is The Sycamores which is listed at $950, while the average apartment in Southdale costs $1,969.
What types of apartments are the cheapest in Southdale?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Southdale that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Southdale?
Cheap apartments in Southdale have an average cost of $122 which is $1,847 cheaper than the average rent for all rentals in Southdale.
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.
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.
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.