Cheap Apartments for Rent in the Southern Homes Neighborhood of Indianapolis, IN from $300 (5 Rentals)

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Cheap Apartments in the Southern Homes area of Indianapolis.

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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1 Bedroom Apartments

Estate View

6768 S East StIndianapolis, IN 46227

Southern Homes - 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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Windsor Court
1 to 2 Bedroom Apartments

Windsor Court

7302 Queen Anne CtIndianapolis, IN 46227
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Breeza 32 Apartments
2 Bedroom Apartments

Breeza 32 Apartments

622 Wooddale TerGreenwood, IN 46142
  • Utilities Included

Southern Homes, Indianapolis, IN Local Guide

Cheapest Available Southern Homes Apartments for Rent

 

The cheapest available apartment rental in the Southern Homes area of Indianapolis, IN is a Studio unit found at Polo Run Apartments priced from $802. Buckridge at Southport has the second lowest priced unit, which is a 1 Bed apartment currently listed from $815. Here are the most affordable Southern Homes apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Polo Run ApartmentsThe Shetland StudioStudio,1BA$802
Buckridge at Southport1BR/1.0BA1BR,1BA$815
South & MadisonE2Studio,1BA$840

Best Value Apartments for Rent in Southern Homes, IN

As of May 05, 2025 the best value apartment in the Southern Homes area is the $0.86 price per square foot 2 Bedroom Townhome Model at SOUTHPORT AT BUCK CREEK in the in the Thompson-Edgewood neighborhood starting from $1,199. The second greatest value Southern Homes apartment is the The Cedar Model at Meridian Oaks starting at $1,445 with a $1.16 price per square foot in the Buffalo Creek neighborhood. Here is today’s list of the best values for Southern Homes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
SOUTHPORT AT BUCK CREEK2 Bedroom Townhome2BR,1.5BA$0.86
Meridian OaksThe Cedar3BR,2BA$1.16
Dakota RidgeYellowstone2BR,2BA$1.29
The SycamoresB2 The Spruce 2/22BR,2BA$1.38
Oak ParkForest1BR,1BA$1.12
Martinique Terrace1Bd/1Ba-Dn Mini W/D1BR,1BA$1.34
The SterlingThe Lexington1BR,1BA$1.32
Buckridge at Southport1BR/1.0BA1BR,1BA$1.13
South & MadisonA11BR,1BA$1.27
Windsor CourtDeluxe One Bedroom (AN)1BR,1BA$1.37

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Pet Friendly Lifestyle
Southern Homes, Indianapolis, IN

Ranked #123

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Southern Homes Apartments

How much is rent for a Cheap One Bedroom Southern Homes Apartment?

The lowest price for a Cheap One Bedroom Southern Homes Apartment is $815 at Buckridge at Southport.

What is the lowest price for a Cheap Two Bedroom Southern Homes Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Southern Homes is starting from $985 at Windsor Court.

What is the most affordable Southern Homes Three Bedroom Apartment?

The best deal on a cheap Southern Homes Three Bedroom Apartment rental is at Meridian Oaks and starts from $1,445.

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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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.

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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.

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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.