| 1 BED | $1,115+ |
| 2 BEDS | $1,400+ |
| 3 BEDS | $1,635+ |
| 3 BEDS | $1,970 |
| 3 BEDS | $1,950 |
| 3 BEDS | $1,805 |
| 1 BED | $1,170+ |
| 2 BEDS | $1,350+ |
| 3 BEDS | $1,640+ |
| 3 BEDS | $1,640 |
| 1 BED | $1,200 |
| 2 BEDS | $1,425 |
| 1 BED | Ask for Pricing |
| 2 BEDS | $1,020+ |
| 3 BEDS | $1,325+ |
| 1 BED | $980 |
| 2 BEDS | $1,061+ |
| 3 BEDS | $1,325+ |
| 3 BEDS | $1,720 |
| 1 BED | $1,575 |
| 2 BEDS | $1,850 |
| 3 BEDS | $1,975 |
| 1 BED | $1,340+ |
| 2 BEDS | $1,765+ |
| 3 BEDS | Ask for Pricing |
| 3 BEDS | $1,595 |
Rental prices in South Indianapolis, Indianapolis, IN have increased by 1.91% over the past year. The average rent moved from $1,176 to $1,199.
Check out the average rent in Indianapolis.
The national average price of rental apartments is $1,741, while the average monthly rent in South Indianapolis, Indianapolis, IN is $1,199.
The average monthly rent for an apartment in South Indianapolis, Indianapolis, IN is around $1,199.
A share of 21% of apartments in South Indianapolis, Indianapolis, IN have the cheapest rents between ≤ $1000. Around 1% of rentals are $2,001-$2,500. Around 68% of South Indianapolis's apartments have monthly rents between $1,001-$1,500. There are 10% of apartments with rents between $1,501-$2,000.
The largest share of rentals in South Indianapolis, Indianapolis, IN (68%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The price range for a luxury apartment in South Indianapolis, Indianapolis, IN is between $965 and $3,145.
There are 21 luxury rentals available on RentCafe. Prices and availability in South Indianapolis, Indianapolis, IN were last updated on 28 Feb 2026.
The average South Indianapolis, Indianapolis, IN luxury apartment size is 1,299 sq. ft.
Renting a luxury apartment in South Indianapolis, Indianapolis, IN comes with many amenities, more space and central locations.
Luxury apartments tend to be more expensive and have higher utility bills.
In total, South Indianapolis, Indianapolis, IN has 144,229 residents, 74,895 women and 69,334 men, per U.S. Census recent estimates. Statistics show that the median age of South Indianapolis’s population is 36.
There is a total of 57,204 households in South Indianapolis, Indianapolis, IN. Of these, 16,619 have children and 40,585 are without children. Per Census Bureau’s most current estimates, 34,119 family households and 23,084 non-family households live in this area. The size of a household in South Indianapolis is 1.99 people, on average. The median household annual income in South Indianapolis equals $56,376, and the monthly housing costs equal $1,028.
According to data from the U.S. Census Bureau, 5% of the population in South Indianapolis, Indianapolis, IN have no high school education, 40% went to high-school, and 21% have partially completed college. Moreover, 8% of the population hold an Associate Degree, 18% hold a Bachelor Degree, and 8% hold a Graduate Degree.
Are you looking to rent a new luxury home in South Indianapolis, Indianapolis, IN, South Indianapolis, Indianapolis, IN? When it comes to real estate, with cities expanding in size constantly, the old adage holds true more than ever before: location, location, location. When you are browsing through high rise apartments, you want to be well connected to the city and everything it has to offer. It doesn’t matter if you are looking for luxury studio apartments or a community of luxury townhomes in the city, surroundings are just as important as the amenities of the apartment complex. The first thing you see as you step out of your apartment in the early AM sets your mood for the day, so why not choose a place where the area and surrounding buildings are eye pleasing? A nice bar 2 blocks away can be just what you need to blow off some steam at happy hour with your friends after a long day at the office. Choose from 114 units available in South Indianapolis, Indianapolis, IN in many desirable locations. You may even find some cheap luxury apartments in the area starting at $718 per month.
We may not be able to choose your neighborhood, but we can surely help with finding the best apartments in South Indianapolis, Indianapolis, IN. Maybe you are looking for modern, high-tech apartments, where almost everything can be done with just the touch of a, well… a touchscreen. Or you are in the market for an elegantly furnished apartment that will teleport you back to the elegance and style of the roaring twenties. In any case, we’re here for you. At RentCafe you have all the information you need to make an informed decision: floorplans, photos and amenities clearly listed by bullet points so you can easily compare apartments. We understand that you are looking for different things when searching for tiny studios, than when trying to find large apartments. This is why filters are your best friend. If the list of properties is simply overwhelming try adding some filters from the “More” section, start with the must-haves and then add some nice-to-haves. Rents in South Indianapolis, Indianapolis, IN are ranging between $718 and $5,925, with the average monthly rent being $1,791 per month. Happy browsing!
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