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Cheap Apartments for Rent in South Indianapolis, Indianapolis, IN

128 Rentals Available
Cheap Apartments for Rent in South Indianapolis, Indianapolis, IN. 128 Rentals Available
Apartments Under $200 Apartments Under $600 Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000

Apartments Under $200

  • a large brick building with a sidewalk in front of it
    Today

    3101 East 10Th Street, Indianapolis, IN 46201
    STUDIO $100+
    1 BED $545
    2 BEDS $625+

Apartments Under $600

  • a new apartment building with a do not enter sign in front of it
    Today

    19 N. Oxford St., Indianapolis, IN 46201
    1 BED $515+
    2 BEDS $795+

Apartments Under $700

  • a building with a sign in front of it
    Today

    315 Koehne Street, Indianapolis, IN 46222
    1 BED $681+
    2 BEDS $626+
  • a new apartment building on the corner of a street
    Today

    18 S. Parker Ave., Indianapolis, IN 46201
    1 BED $751
    2 BEDS $640
  • a living room with a couch and a coffee table
    Today

    6764 Lambert Street, Indianapolis, IN 46241
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing

Apartments Under $800

  • a kitchen with a stove and a refrigerator
    Today

    4417 Linwood Ct, Indianapolis, IN 46201
    1 BED $728+
    2 BEDS $865+
  • a living room with a couch and a table and a pool table
    Today

    1430 & 1420 Madison Ave., Indianapolis, IN 46225
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • a living room with a table and chairs and a fireplace
    Today

    800 Kings Mill Road, Greenwood, IN 46142
    STUDIO $754+
    1 BED $799+
    2 BEDS $976+
  • a large brick building with a flag in front of it
    Today

    23 North Rural Street, Indianapolis, IN 46201
    STUDIO $771
    1 BED $795
    2 BEDS $880
  • a living room with a couch and a table
    Today

    7980 Dunston Drive, Indianapolis, IN 46239
    STUDIO $779+
    1 BED $929+
    2 BEDS Ask for Pricing
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Apartments Under $900

  • a living room with a table and chairs
    Today

    4259 Burkhart Drive, Indianapolis, IN 46227
    1 BED $810
    2 BEDS $1,025+
    3 BEDS Ask for Pricing
  • a living room with a couch and a table
    Today

    3714 Bartlett Ave, Indianapolis, IN 46227
    STUDIO Ask for Pricing
    1 BED $817
    2 BEDS Ask for Pricing
  • a living room with a couch and a table
    Today

    2760 Cherry Glen Way, Indianapolis, IN 46227
    STUDIO $824
    1 BED $959+
    2 BEDS Ask for Pricing
  • a kitchen with wooden floors and a white stove
    Today

    1001-1015 North Delaware Street, Indianapolis, IN 46202
    1 BED $850+
    2 BEDS $1,050
  • a living room with couches and chairs and a table
    Today

    240 N. Warman Ave., Indianapolis, IN 46222
    1 BED $850
    2 BEDS $1,050
    3 BEDS $1,200
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  • a living room with leather furniture and a table
    Today

    1366 N Arlington Ave, Indianapolis, IN 46219
    2 BEDS $850+

  • More Rentals Near South Indianapolis, Indianapolis, IN

Apartments Under $1,000

  • a living room with a couch and a table
    Today

    4100 Continental Court, Indianapoils, IN 46227
    1 BED $900
    2 BEDS $985
    3 BEDS $1,250
  • a living room with a couch and a coffee table
    Today

    7266 Lockwood Lane, Indianapolis, IN 46217
    1 BED $940+
    2 BEDS $1,170+
  • a kitchen with wood cabinets and white appliances and granite counter tops
    Today

    5500 Pleasant Hill Circle, Indianapolis, IN 46224
    1 BED $945+
    2 BEDS $944+
    3 BEDS $1,475+
  • a living room with a couch and a television
    Today

    1039 Paz Drive North, Greenwood, IN 46142
    1 BED $980
    2 BEDS $1,061+
    3 BEDS $1,325+
  • a living room with a brown couch and a blue rug
    Today

    4010 Mann Village Rd, Indianapolis, IN 46221
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS $1,086
  • a seating area under a wooden pavilion in a park
    Today

    1180 Emerald Lakes Drive, Greenwood, IN 46143
    1 BED $1,230+
    2 BEDS $1,475+
  • a living room with a couch and a table
    Today

    8026 Mcfarland Court, Indianapolis, IN 46227
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • a living room with couches and chairs and a table
    Today

    1015 Vesper Pl, Indianapolis, IN 46203
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • a living room and kitchen with a couch and a table
    Today

    115 S. High School Rd, Indianapolis, IN 46241
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
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6-19-nhood
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Getting around in South Indianapolis, IN

32 /100
Car-Dependent
28 /100
Some Transit
30 /100
Somewhat Bikeable
Walk Score®: 32, Transit Score®: 28, Bike Score®: 30

Frequently asked questions

What is the price of a cheap apartment in South Indianapolis, Indianapolis, IN?

The price range of a cheap apartment is between $810 and $1,275.

How many cheap rentals are available in South Indianapolis, Indianapolis, IN on RentCafe?

There are 12 cheap rentals available on RentCafe. Prices and availability in South Indianapolis, Indianapolis, IN were last updated on 1 Mar 2026.

What is the average size of a cheap apartment in South Indianapolis, Indianapolis, IN?

The average South Indianapolis, Indianapolis, IN cheap apartment size is 430 sq. ft.

What are the advantages of renting a cheap apartment in South Indianapolis, Indianapolis, IN?

Cheap apartments in South Indianapolis, Indianapolis, IN are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in South Indianapolis, Indianapolis, IN?

A cheap apartment in South Indianapolis, Indianapolis, IN offers little storage space and fewer amenities compared to other apartments.

Looking for a cheap apartment for rent in South Indianapolis, Indianapolis, IN? With RentCafe, finding an affordable apartment in South Indianapolis has never been easier. We feature 128 low-priced rentals directly from property managers, with rents lower than the South Indianapolis, Indianapolis, IN average, which is currently $1,199. On RentCafe, South Indianapolis rents go as low as $515/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!