
Cheap Apartments for Rent in the Southport Road Neighborhood of Indianapolis, IN from $400 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southport Road area of Indianapolis.

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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

How much does it cost to rent an apartment in Southport Road?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Southport Road Studio Apartments | $1,076 | $834 | $1,675 |
Southport Road 1 Bedroom Apartments | $1,314 | $455 | $3,581 |
Southport Road 2 Bedroom Apartments | $1,487 | $945 | $2,633 |
Southport Road 3 Bedroom Apartments | $1,883 | $1,030 | $3,973 |
Southport Road 4 Bedroom Apartments | $2,490 | $2,490 | $2,490 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 3 mile radius of the Southport Road Neighborhood of Indianapolis, IN.
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Southport Road, Indianapolis, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Stone Lake | 1X1 | 1BR,1BA | $650 |
South & Madison | E2 | Studio,1BA | $840 |
Windsor Court | Deluxe One Bedroom (AN) | 1BR,1BA | $840 |
Best Value Apartments for Rent in Southport Road, IN
As of April 30, 2025 the best value apartment in the Southport Road area is the $1.00 price per square foot Townhome Model at Sherman Village in the in the Carson Heights neighborhood starting from $1,300. The second greatest value Southport Road apartment is the Three Bedroom 1.5 Bath TH Model at Berkley Commons starting at $1,130 with a $0.91 price per square foot in the Winchester Village neighborhood. Here is today’s list of the best values for Southport Road apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Sherman Village | Townhome | 3BR,1.5BA | $1.00 |
Berkley Commons | Three Bedroom 1.5 Bath TH | 3BR,1BA | $0.91 |
Latitudes Apartments | The Capricorn 2 BR 1 BA | 2BR,1BA | $1.30 |
Fox Club | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.23 |
Oak Park | Forest | 1BR,1BA | $1.12 |
Auburn Place Apartments | Mahogany | 2BR,1BA | $1.09 |
Strawbridge Green | Emerson | 2BR,1BA | $1.15 |
Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $1.13 |
The Sterling | The Lexington | 1BR,1BA | $1.32 |
South & Madison | A1 | 1BR,1BA | $1.27 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleSouthport Road, Indianapolis, IN
Ranked #31
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 Berkley Commons and starts from $1,130.
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
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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.