
Cheap Apartments for Rent in the Summerfield South Neighborhood of Indianapolis, IN from $700 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Summerfield South area of Indianapolis.


Spinnaker Court

Fishermans Village

Pebble Point

Marabou Mills

The Maywood at Speedway
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.

Idlewood Apartments

Astoria Park Apartment Homes

Eagle’s Edge

The Hermitage

Westpark Townhomes

Pier 39 Apartments & Townhomes
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Deercross Apartments

Lakeside Crossing at Eagle Creek Apartments and Townhomes

6101 W 25th St

6518 Lupine Terrace
Summerfield South - 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!
Summerfield South, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Summerfield South?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Summerfield South Studio Apartments | $935 | $838 | $1,100 |
Summerfield South 1 Bedroom Apartments | $1,272 | $850 | $2,535 |
Summerfield South 2 Bedroom Apartments | $1,404 | $988 | $2,717 |
Summerfield South 3 Bedroom Apartments | $1,712 | $1,413 | $2,410 |
Summerfield South 4 Bedroom Apartments | $1,750 | $1,750 | $1,750 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Summerfield South Neighborhood of Indianapolis, IN.
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Summerfield South, Indianapolis, IN Local Guide
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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 Mariners Village priced from $838. Pebble Point has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Summerfield South apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mariners Village | Studio | Studio,1BA | $838 |
Pebble Point | The Bliss | 1BR,1BA | $899 |
Fishermans Village | Cobalt | 1BR,1BA | $899 |
Marabou Mills | Studio | Studio,1BA | $925 |
The Maywood at Speedway | The Vesuvio | 1BR,1BA | $930 |
Best Value Apartments for Rent in Summerfield South, IN
As of May 10, 2025 the best value apartment in the Summerfield South area is the $1.06 price per square foot B3 - TH Model at Brickyard Flats in the in the Speedway Wellhead neighborhood starting from $1,160. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Brickyard Flats | B3 - TH | 2BR,1.5BA | $1.06 |
10 West Apartments | The Broadway | 2BR,2BA | $1.31 |
Deercross Apartments | Oak | 2BR,2BA | $1.38 |
The Maywood at Speedway | The Santa Maria | 2BR,1.5BA | $1.29 |
Astoria Park Apartment Homes | Two Bedroom - 850 sqft | 1BR,1BA | $1.40 |
Eagle Lake Landing | The Islander | 1BR,1BA | $1.38 |
Eagle’s Edge | Oak | 2BR,1BA | $1.51 |
Pier 39 Apartments & Townhomes | One Bedroom One Bathroom | 1BR,1BA | $1.42 |
Pebble Point | The Bliss | 1BR,1BA | $1.34 |
Mariners Village | Studio | Studio ,1BA | $1.39 |
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.
Pet Friendly LifestyleSummerfield South, Indianapolis, IN
Ranked #105
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Summerfield South, Indianapolis, IN
Northwest Community High School (7-8)
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 a cheap apartment in Summerfield South?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Summerfield South is under $1,050.
What is the price of a cheap apartment in Summerfield South?
The cheapest apartment in Summerfield South is Pebble Point which is listed at $899, while the average apartment in Summerfield South costs $2,405.
What types of apartments are the cheapest in Summerfield South?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Summerfield South that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Summerfield South?
Cheap apartments in Summerfield South have an average cost of $936 which is $1,469 cheaper than the average rent for all rentals in Summerfield South.
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
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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.

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.