Cheap Homes for Rent in Southside Indianapolis Neighborhood of Indianapolis, IN from $600 (46 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Southside Indianapolis - 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!

property at 3825 Spann Ave

3825 Spann Ave

IndianapolisIN46203

Southside Indianapolis, Indianapolis, IN Local Guide

Cheapest Available Southside Indianapolis Apartments for Rent

 

The cheapest available apartment rental in the Southside Indianapolis area of Indianapolis, IN is a 1 Bed unit found at Courts Apartments priced from $766. 50 - SAXONY COURT APARTMENTS has the second lowest priced unit, which is a 2 Beds apartment currently listed from $875. Here are the most affordable Southside Indianapolis apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Courts Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$766
50 - SAXONY COURT APARTMENTSSaxony 2 Bd Standard2BR,1BA$875
Line LoftsThe Inspiration 60% HOME2BR,1BA$962
Beech Meadow ApartmentsBirch1BR,1BA$1,006
Historic Irvington FlatsBeautiful Renovated Historic Apartment 1 bedroo...1BR,1BA$1,039
Florence Fay School Senior ApartmentsOne Bedroom F 60%1BR,1BA$1,039
Welcome to Dawson Village – Welcome Home!2 BR/1 BA - Renovated Townhome2BR,1BA$1,095
School 85Schoolhouse Flats in Irvington 1 bedroom Reserv...1BR,1BA$1,159
Edge 35S2Studio,1BA$1,159
Gathyr ApartmentsBatesStudio,1BA$1,199

Best Value Apartments for Rent in Southside Indianapolis, IN

As of April 28, 2025 the best value apartment in the Southside Indianapolis area is the $1.24 price per square foot Beautiful Renovated Historic Apartment - 2 bedr... Model at School 85 in the in the Southeast Indianapolis neighborhood starting from $1,610. The second greatest value Southside Indianapolis apartment is the 553 N Oakland Ave Model at 553 N Oakland Ave, Unit 553 starting at $1,300 with a $1.04 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Southside Indianapolis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
School 85Beautiful Renovated Historic Apartment - 2 bedr...2BR,2BA$1.24
553 N Oakland Ave, Unit 553553 N Oakland Ave2BR,1BA$1.04
Line LoftsThe Intuition 60%2BR,1BA$1.42
Welcome to Dawson Village – Welcome Home!2 BR/1 BA - Renovated Townhome2BR,1BA$1.22
Florence Fay School Senior ApartmentsOne Bedroom F 60%1BR,1BA$1.19
Beech Meadow ApartmentsBirch1BR,1BA$1.34
50 - SAXONY COURT APARTMENTSSaxony 2 Bd Standard2BR,1BA$1.18
PinnexA21BR,1BA$2.23
Historic Irvington FlatsBeautiful Renovated Historic Apartment 1 bedroo...1BR,1BA$1.60
Courts Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$1.34

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Southside Indianapolis

What type of rentals are currently available in Southside Indianapolis?

There are currently 135 Apartments for Rent in Southside Indianapolis, IN with pricing that ranges from $475 to $15,990. There are also 113 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southside Indianapolis ranging from $615 to $4,850.

What is the current price range for Rental Homes in Southside Indianapolis?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southside Indianapolis ranges from $615 to $4,850 with an average monthly rent of $1,352.

How much are larger Three and Four Bedroom Rentals in Southside Indianapolis?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Southside Indianapolis range from $999 to $4,472, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,485.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.