
Cheap Apartments for Rent in the Southdale Neighborhood of Indianapolis, IN from $700 (7 Rentals)
Cheap Apartments in the Southdale area of Indianapolis.


Meridian Court South
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The Sycamores

Thompson Village Apartments
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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!
Southdale, Indianapolis, IN Local Guide

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 | $1,161 | $830 | $1,499 |
Southdale 2 Bedroom Apartments | $1,283 | $963 | $1,799 |
Southdale 3 Bedroom Apartments | $1,637 | $1,262 | $2,370 |
Southdale 4 Bedroom Apartments | $1,929 | $1,929 | $1,929 |
Browse Apartments in this Neighborhood
There are currently 7 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
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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 | $970 |
Best Value Apartments for Rent in Southdale, IN
As of May 08, 2025 the best value apartment in the Southdale area is the $1.32 price per square foot Yellowstone Model at Dakota Ridge in the in the Southern Homes neighborhood starting from $1,365. The second greatest value Southdale apartment is the Sycamore Two Model at Brookwood Apartments starting at $1,372 with a $1.39 price per square foot in the Concord 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. |
---|---|---|---|
Dakota Ridge | Yellowstone | 2BR,2BA | $1.32 |
Brookwood Apartments | Sycamore Two | 3BR,1.5BA | $1.39 |
The Sycamores | B2 The Spruce 2/2 | 2BR,2BA | $1.38 |
Berkley Commons | Two Bedroom 1.5 Bath TH | 2BR,1.5BA | $1.27 |
Martinique Terrace | 1Bd/1Ba-Dn Mini W/D | 1BR,1BA | $1.35 |
Creek Bay | 1Bed/1Bath Large | 1BR,1BA | $1.46 |
The Sterling | The Lexington | 1BR,1BA | $1.32 |
Southern Dunes | Echo | 1BR,1BA | $1.76 |
City Heights | 1A | 1BR,1BA | $1.44 |
Thompson Village Apartments | One Bedroom Apartment. | 1BR,1BA | $1.72 |
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Pet Friendly LifestyleSouthdale, Indianapolis, IN
Ranked #141
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet 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 $1,929.
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 12 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 $140 which is $1,789 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.

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