Cheap Apartments for Rent in the Southern Homes Neighborhood of Indianapolis, IN from $500 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southern Homes area of Indianapolis.

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1 Bedroom Apartments

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6768 S East StIndianapolis, IN 46227
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Windsor Court
1 to 2 Bedroom Apartments

Windsor Court

7302 Queen Anne CtIndianapolis, IN 46227
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South & Madison
1 to 3 Bedroom Apartments

South & Madison

1819 Madison Village DrIndianapolis, IN 46227
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Breeza 32 Apartments
2 Bedroom Apartments

Breeza 32 Apartments

622 Wooddale TerGreenwood, IN 46142
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742 Loews Blvd
$8451 Bedroom, 1 Bath RentalsAvailable Now

742 Loews Blvd

Greenwood, IN 46142
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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 1 Bed unit found at Polo Run Apartments priced from $875. SOUTHPORT AT BUCK CREEK has the second lowest priced unit, which is a 1 Bed apartment currently listed from $887. Here are the most affordable Southern Homes apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Polo Run ApartmentsThe Palomino 1 BR 1 BA1BR,1BA$875
SOUTHPORT AT BUCK CREEK1 Bedroom1BR,1BA$887
South & MadisonA11BR,1BA$887
The SycamoresA1 The Sycamores 1/11BR,1BA$950
Beechmill ApartmentsBeech1BR,1BA$965

Best Value Apartments for Rent in Southern Homes, IN

As of February 26, 2025 the best value apartment in the Southern Homes area is the $1.21 price per square foot The Kildare Model at Waterford Place Apartments in the in the Winchester Village neighborhood starting from $1,335. The second greatest value Southern Homes apartment is the Merlot Model at Auburn Place Apartments starting at $1,247 with a $1.22 price per square foot in the Tracy Commons 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.
Waterford Place ApartmentsThe Kildare2BR,2BA$1.21
Auburn Place ApartmentsMerlot2BR,1.5BA$1.22
Oak ParkTimber2BR,1BA$1.21
The SycamoresB2 The Spruce 2/22BR,2BA$1.38
Windsor CourtTwo Bedroom One Bathroom (CN1)2BR,1BA$1.06
Martinique Terrace1Bd/1Ba-Dn Mini W/D1BR,1BA$1.32
The SterlingThe Remington2BR,1BA$1.22
Dakota RidgeLakota1BR,1BA$1.35
South & MadisonA11BR,1BA$1.27
SOUTHPORT AT BUCK CREEK1 Bedroom1BR,1BA$1.27

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Pet Friendly Lifestyle
Southern Homes, Indianapolis, IN

Ranked #80

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers is happy to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Southern Homes, Indianapolis, and the greater Indianapolis area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, places that make kids happy, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

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 $875 at Polo Run Apartments.

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 $975 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 South & Madison and starts from $1,263.

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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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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.