8109 Johnstown Ct
IndianapolisIN46217
Cheap Apartments for Rent in the Southern Homes Neighborhood of Indianapolis, IN from $300 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southern Homes area of Indianapolis.
8149 Trevellian Way
IndianapolisIN46217
close
View Me
from $8601 to 2 Bedroom Apartments Contact Us For Availability
Meridian Court South
7266 Lockwood LnIndianapolis, IN 46217
close
View Me
Rent Specials
from $8871 to 3 Bedroom Apartments Available Now
SOUTHPORT AT BUCK CREEK
1451 E Southport RdIndianapolis, IN 46227
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
from $790Studio to 3 Bedroom Apartments Available Now
Polo Run Apartments
800 Kings Mill RdGreenwood, IN 46142
close
View Me
640 Wooddale Terrace
GreenwoodIN46142
742 Loews Blvd
GreenwoodIN46142
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!
Showing Results 1-12, Page 1 of 1
Southern Homes, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Southern Homes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southern Homes Studio Apartments | $996 | $790 | $1,301 |
| Southern Homes 1 Bedroom Apartments | $1,073 | $350 | $1,338 |
| Southern Homes 2 Bedroom Apartments | $1,294 | $977 | $2,111 |
| Southern Homes 3 Bedroom Apartments | $1,641 | $1,330 | $2,258 |
| Southern Homes 4 Bedroom Apartments | $1,854 | $1,710 | $1,999 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Southern Homes Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Southern Homes, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Windsor Court priced from $784. Polo Run Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $790. Here are the most affordable Southern Homes apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Windsor Court | Standard One Bedroom (SN4) | 1BR,1BA | $784 |
| Polo Run Apartments | The Shetland Studio | Studio,1BA | $790 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $830 |
| South & Madison | E2 | Studio,1BA | $840 |
| The Sycamores | A1 The Sycamores 1/1 | 1BR,1BA | $950 |
Best Value Apartments for Rent in Southern Homes, IN
As of April 23, 2025 the best value apartment in the Southern Homes area is the $0.93 price per square foot 2 Bedroom Townhome Model at SOUTHPORT AT BUCK CREEK in the in the Thompson-Edgewood neighborhood starting from $1,299. The second greatest value Southern Homes apartment is the Yellowstone Model at Dakota Ridge starting at $1,315 with a $1.27 price per square foot in the Southern Homes neighborhood. Here is today’s list of the best values for Southern Homes apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| SOUTHPORT AT BUCK CREEK | 2 Bedroom Townhome | 2BR,1.5BA | $0.93 |
| Dakota Ridge | Yellowstone | 2BR,2BA | $1.27 |
| Oak Park | Timber | 2BR,1BA | $1.11 |
| The Sycamores | B2 The Spruce 2/2 | 2BR,2BA | $1.38 |
| Auburn Place Apartments | Mahogany | 2BR,1BA | $1.10 |
| Martinique Terrace | 1Bd/1Ba-Dn Mini W/D | 1BR,1BA | $1.34 |
| The Sterling | The Remington | 2BR,1BA | $1.22 |
| Stonehedge Apartments | The Solis | 1BR,1BA | $1.39 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $1.15 |
| South & Madison | A1 | 1BR,1BA | $1.27 |
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.
Let everyone know!
Do you know the Southern Homes area?
If you’re an expert on all things Southern Homes, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleSouthern Homes, Indianapolis, IN
Ranked #126
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Southern Homes, Indianapolis, IN
Douglas Macarthur Elementary School
Perry Township Schools
Public School - Grades PK-5 (794)
6 out of 10
School data provided by Great Schools
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 $784 at Windsor Court.
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 Westminster Apartments and Townhomes and starts from $1,465.
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.
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.