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Luxury Apartments for Rent in South Indianapolis, Indianapolis, IN

114 Rentals Available
Luxury Apartments for Rent in South Indianapolis, Indianapolis, IN. 114 Rentals Available
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South Indianapolis, Indianapolis, IN rent trends

Rental prices in South Indianapolis, Indianapolis, IN have increased by 2.58% over the past year. The average rent moved from $1,181 to $1,212.

Average rent in South Indianapolis, Indianapolis, IN

$1,212/mo South Indianapolis, Indianapolis, IN average rental price, March 2026
Image Average Rent

The average monthly rent for an apartment in South Indianapolis, Indianapolis, IN is around $1,212.

    What's the typical rent budget in South Indianapolis, Indianapolis, IN?

    A share of 21% of apartments in South Indianapolis, Indianapolis, IN have the cheapest rents between ≤ $1000. Around 66% of South Indianapolis's apartments have monthly rents between $1,001-$1,500. There are 12% of apartments with rents between $1,501-$2,000.

    The largest share of rentals in South Indianapolis, Indianapolis, IN (66%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    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 luxury apartment in South Indianapolis, Indianapolis, IN?

    The price range for a luxury apartment in South Indianapolis, Indianapolis, IN is between $965 and $3,145.

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

    There are 21 luxury rentals available on RentCafe. Prices and availability in South Indianapolis, Indianapolis, IN were last updated on 16 Apr 2026.

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

    The average South Indianapolis, Indianapolis, IN luxury apartment size is 1,299 sq. ft.

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

    Renting a luxury apartment in South Indianapolis, Indianapolis, IN comes with many amenities, more space and central locations.

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

    Luxury apartments tend to be more expensive and have higher utility bills.

    South Indianapolis, Indianapolis, IN demographics

    • 144,229Total Population
    • 74,895 Female
      69,334 Male
    • 36Median Age

    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.

    South Indianapolis, Indianapolis, IN households

    • 34,119 Family
      23,084 Non-family
    • 16,619 Children
      40,585 No Children
    • 57,204Total Number of Households
    • 1.99Average People Per Household
    • $56,376Median Household Income

    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.

    South Indianapolis, Indianapolis, IN education statistics

    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.

    Renting a luxury apartment in South Indianapolis, Indianapolis, IN

    If you want to exercise at home, in your own fitness room, sip Mojitos by a heated indoor pool or find delight in the modern allure of your living room, a luxury apartment is a must-have. The 25 upscale buildings in South Indianapolis, Indianapolis, IN offer the best 114 apartments in terms of luxury, comfort and elegance. An exquisitely furnished home epitomizes relaxation and style, and the good news is that you can choose from a large variety of top-notch listings. Whether you’re single and looking for luxury studio apartments or a family guy searching for luxury townhomes, we cover it all. If you feel like you need more space than before, many apartment complexes offer large apartments above 1,396 Sqft, which is the average apartment size in this area.

    High rise apartments- opulent and affordable all at once

    Even though the value of a luxury property lies in its quality, comparable value and rarity, location is the pivotal element in choosing a rental. Every affluent renter dreams about having a luxury apartment that offers high-class amenities, but also gorgeous surroundings, without spending a fortune. In South Indianapolis, Indianapolis, IN, prices for luxury apartments vary from as high as $5,925 down to $718 per month, including many cheap luxury apartments. Depending on how much money you are willing to spend on a monthly rent, customize your search by using filters at the top menu to select a maximum and a minimum rent price. High rise apartments are not only the most affordable luxury rentals, but also give you access to amazing amenities such as concierge services, dry-cleaning services, professional-grade sports courts, resident social events, and beautifully landscaped outdoor gardens.

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