Cheap Homes for Rent in Southport Road Neighborhood of Indianapolis, IN from $800 (8 Rentals)

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

property at 742 Loews Blvd

742 Loews Blvd

GreenwoodIN46142

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.

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 $699. Windsor Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $784. Here are the most affordable Southport Road apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Stone Lake1X11BR,1BA$699
Windsor CourtStandard One Bedroom (SN4)1BR,1BA$784
South & MadisonE2Studio,1BA$840

Best Value Apartments for Rent in Southport Road, IN

As of April 24, 2025 the best value apartment in the Southport Road area is the $1.11 price per square foot Rosewood Model at Auburn Place Apartments in the in the Tracy Commons neighborhood starting from $1,617. 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.
Auburn Place ApartmentsRosewood3BR,1.5BA$1.11
Sherman VillageTownhome3BR,1.5BA$1.00
Park Madison Apartments2x2 R-Prem2BR,2BA$1.07
Oak ParkTimber2BR,1BA$1.11
Fox ClubTwo Bedroom 1.5 Bath2BR,1.5BA$1.23
Strawbridge GreenRedfern2BR,1.5BA$1.13
Berkley CommonsTwo Bedroom 1.5 Bath TH2BR,1.5BA$1.27
The SterlingThe Remington2BR,1BA$1.22
South & MadisonA11BR,1BA$1.27
Sawmill Apartments1 Bed 1 Bath Small1BR,1BA$1.31

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Frequently Asked Questions about Southport Road

What type of rentals are currently available in Southport Road?

There are currently 70 Apartments for Rent in Southport Road, IN with pricing that ranges from $455 to $3,973. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southport Road ranging from $817 to $3,000.

What is the current price range for Rental Homes in Southport Road?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southport Road ranges from $817 to $3,000 with an average monthly rent of $1,852.

How much are larger Three and Four Bedroom Rentals in Southport Road?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Southport Road range from $1,070 to $3,973, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,340 to $2,799. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $2,515.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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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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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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.

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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.