Cheap Apartments for Rent in the Summerfield South Neighborhood of Indianapolis, IN from $700 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Summerfield South area of Indianapolis.

Summerfield South

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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Heather Ridge
1 to 3 Bedroom Apartments

Heather Ridge

3245 Heather Ridge DrIndianapolis, IN 46214
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Brickyard Flats
1 to 3 Bedroom Apartments

Brickyard Flats

6363 Hollister DrSpeedway, IN 46224
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Summerfield South, Indianapolis, IN Local Guide

Cheapest Available Summerfield South Apartments for Rent

 

The cheapest available apartment rental in the Summerfield South area of Indianapolis, IN is a Studio unit found at The Boardwalk at Westlake Apartments and Townhomes priced from $725. Mariners Village has the second lowest priced unit, which is a Studio apartment currently listed from $748. Here are the most affordable Summerfield South apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Boardwalk at Westlake Apartments and TownhomesStudio - 441 sqftStudio,1BA$725
Mariners VillageStudioStudio,1BA$748
Marabou MillsStudioStudio,1BA$925
Fishermans VillageCobalt1BR,1BA$940
The Maywood at SpeedwayThe Adams1BR,1BA$975

Best Value Apartments for Rent in Summerfield South, IN

As of April 05, 2025 the best value apartment in the Summerfield South area is the $1.33 price per square foot The Chesapeake Model at Eagle Lake Landing in the in the Cheswick Place neighborhood starting from $1,474. The second greatest value Summerfield South apartment is the The Broadway Model at 10 West Apartments starting at $1,291 with a $1.31 price per square foot in the Speedway Wellhead neighborhood. Here is today’s list of the best values for Summerfield South apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eagle Lake LandingThe Chesapeake2BR,2BA$1.33
10 West ApartmentsThe Broadway2BR,2BA$1.31
Waterfront PointeThe Sand Dune - Downstairs2BR,2BA$1.32
Pebble PointThe Escape2BR,2BA$1.21
The Maywood at SpeedwayThe Adams1BR,1BA$1.20
Deercross ApartmentsDogwood1BR,1BA$1.35
Park at Eagle CreekOakleaf1BR,1BA$1.40
Pier 39 Apartments & TownhomesOne Bedroom One Bathroom1BR,1BA$1.42
Astoria Park Apartment HomesOne Bedroom - 670 sqft1BR,1BA$1.46
Mariners VillageStudioStudio ,1BA$1.24

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Pet Friendly Lifestyle
Summerfield South, Indianapolis, IN

Ranked #109

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Summerfield South, Indianapolis, IN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Indiana and customized analysis for West Indianapolis, IN. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, kid and pet-friendly communities, availability of transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Summerfield South Apartments

What is the Cheapest Studio apartment in Summerfield South?

Currently the most affordable Cheap Studio Apartment in Summerfield South is at The Boardwalk at Westlake Apartments and Townhomes listed at $725.

How much is rent for a Cheap One Bedroom Summerfield South Apartment?

The lowest price for a Cheap One Bedroom Summerfield South Apartment is $836 at Mariners Village.

What is the lowest price for a Cheap Two Bedroom Summerfield South Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Summerfield South is starting from $944 at Mariners Village.

What is the most affordable Summerfield South Three Bedroom Apartment?

The best deal on a cheap Summerfield South Three Bedroom Apartment rental is at The Maywood at Speedway and starts from $1,499.

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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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.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.