Cheap Apartments for Rent in the Southport Road Neighborhood of Indianapolis, IN from $400 (29 Rentals)

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Cheap Apartments in the Southport Road 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.

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Stone Lake
1 to 2 Bedroom Apartments

Stone Lake

2913 E Hanna AveIndianapolis, IN 46227
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Rosedale Hills
Studio to 3 Bedroom Apartments

Rosedale Hills

2139 E Hanna AveIndianapolis, 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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Encore Apartments
Studio to 1 Bedroom Apartments

Encore Apartments

8035 Preidt PlIndianapolis, IN 46237
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South & Madison
Studio to 3 Bedroom Apartments

South & Madison

1819 Madison Village DrIndianapolis, IN 46227
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Crestwood Village South
Studio to 2 Bedroom Apartments

Crestwood Village South

8809 Madison AveIndianapolis, IN 46227
Senior Living
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Grand Oaks
1 to 2 Bedroom Apartments

Grand Oaks

7215 Grand Ritz LnIndianapolis, IN 46237
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Breeza 32 Apartments
2 Bedroom Apartments

Breeza 32 Apartments

622 Wooddale TerGreenwood, IN 46142
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Blackstone
2 Bedroom Apartments

Blackstone

611 N Meridian StGreenwood, IN 46143

Southport Road - 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!

Southport Road, Indianapolis, IN Local Guide

Cheapest Available Southport Road Apartments for Rent

 

The cheapest available apartment rental in the Southport Road area of Indianapolis, IN is a 1 Bed unit found at Stone Lake priced from $650. South & Madison has the second lowest priced unit, which is a Studio apartment currently listed from $840. Here are the most affordable Southport Road apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Stone Lake1X11BR,1BA$650
South & MadisonE1Studio,1BA$840
Windsor CourtDeluxe One Bedroom (AN)1BR,1BA$840
Sawmill Apartments1 Bed 1 Bath Small1BR,1BA$849
Parc Bordeaux ApartmentsStudioStudio,1BA$850
Strawbridge GreenEmerson2BR,1BA$960
The SterlingThe Lexington1BR,1BA$975
Willow Glen South1 bed 1 bath1BR,1BA$984
SherbrookOne Bed One BathStudio,1BA$989
Auburn Place ApartmentsBronze1BR,1BA$1,016

Best Value Apartments for Rent in Southport Road, IN

As of May 09, 2025 the best value apartment in the Southport Road area is the $1.19 price per square foot Windsor Model at Lakes of Windsor in the in the Southeast Indianapolis neighborhood starting from $1,670. The second greatest value Southport Road apartment is the Townhome Model at Sherman Village starting at $1,300 with a $1.00 price per square foot in the Carson Heights neighborhood. Here is today’s list of the best values for Southport Road apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lakes of WindsorWindsor3BR,2BA$1.19
Sherman VillageTownhome3BR,1.5BA$1.00
Park Madison Apartments2x22BR,2BA$0.93
Sundance ApartmentsThe Grand With Balcony 2 BR 2 BA2BR,2BA$1.36
Fox ClubTwo Bedroom Two Bath2BR,2BA$1.14
Berkley CommonsTwo Bedroom 1.5 Bath TH2BR,1.5BA$1.27
Oak ParkForest1BR,1BA$1.12
Strawbridge GreenEmerson2BR,1BA$1.14
The SterlingThe Lexington1BR,1BA$1.32
Sawmill Apartments1 Bed 1 Bath Small1BR,1BA$1.31

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Pet Friendly Lifestyle
Southport Road, Indianapolis, IN

Ranked #22

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Southport Road Apartments

What is the Cheapest Studio apartment in Southport Road?

Currently the most affordable Cheap Studio Apartment in Southport Road is at South & Madison listed at $840.

How much is rent for a Cheap One Bedroom Southport Road Apartment?

The lowest price for a Cheap One Bedroom Southport Road Apartment is $650 at Stone Lake.

What is the lowest price for a Cheap Two Bedroom Southport Road Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Southport Road is starting from $800 at Stone Lake.

What is the most affordable Southport Road Three Bedroom Apartment?

The best deal on a cheap Southport Road Three Bedroom Apartment rental is at Sherman Village and starts from $1,300.

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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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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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.