1. Home

South Side apartments for rent - Indianapolis, IN

Beds

217 Properties

Average Rent in Indianapolis, IN

Avg. RentAnnual Change
Indianapolis Studio - $1,169-2%
Indianapolis 1 Bed - $1,221+4%
Indianapolis 2 Beds - $1,409+5%
Last updated 6/23/2024

Local Guide

See what Indianapolis, IN has to offer.

Local Reviews

I like the locked entry way to our apartments. We live close to a lot of different resaurants and stores

I like all the trees and that people can walk their dogs in the street. I like that the neighborhood is well lit and people usually have extra garage lights and yard lights on.

We have fishing ponds. I love our walking paths. Lots of wildlife. Not too far from the city and several parks are nearby

We're close Everyone looks out for each other even the ones that don't get along . We are there for each other

I really like that a good steakhouse, Italian and Mexican restaurant are within a short walking distance.

Favorite resaurant is a Greek Pizzaria that has fabulous pizza. Right around the corner is a very convenient group of stores including Kroger, gas stations and places to eat. We like going for pizza.

Affordability

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

Last updated 6/23/2024

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in South Side, Indianapolis, IN

In Indianapolis, IN, as of 2024, the average rent for apartments ranges from $1,169 to $1,409. Specifically, the average rent for a studio apartment in South Side, Indianapolis, IN is $1,169. For those seeking a 1-bedroom apartments, the average rent is $1,221. And for a 2-bedroom apartment, renters can expect to pay an average of $1,409.

Annual Rent Change Over the Past 12 Months

Studio

-2%

Changed from $1,193 to $1,169
1 Bed

+4%

Changed from $1,174 to $1,221
2 Beds

+5%

Changed from $1,342 to $1,409
Last updated 6/23/2024

Cost of Living

Compared to State Average

1.3%

Compared to National Average

7.3%

The cost of living in South Side, Indianapolis, IN is 1.3% lower than the state average and 7.3% lower than the national average. South Side, Indianapolis, IN housing is 20.9% less expensive than the U.S average, while utilities are about 0.2% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 0.2% less in South Side, Indianapolis, IN than in the rest of the country.

Healthcare services such as doctor check-ups and dentistry cost 10.9% less here compared to the U.S. average.
Cost of Living in South Side, Indianapolis, INCompared to State AverageCompared to National Average
Housing
0.3%
20.9%
Utilities
2.8%
0.2%
Food
1.1%
0.2%
Transportation
0.2%
4.4%
Healthcare
5.4%
10.9%

Compare Other Cities

CityStudio Avg RentAnnual Change
Fishers$1,305+8%
Carmel$1,235+12%
Bloomington$1,229+6%
Indianapolis$1,169-2%
Whitestown$1,163--
Brownsburg$1,160-6%
Noblesville$1,097-1%
Westfield$1,085-1%
Greenwood$926-19%
Lebanon$850--
Columbus$730+5%
Seymour$700-3%
City1 Bed Avg RentAnnual Change
Whitestown$1,730-4%
Carmel$1,615+4%
Westfield$1,506+6%
Zionsville$1,462-3%
Noblesville$1,349+2%
Avon$1,280-2%
Bloomington$1,252+6%
Brownsburg$1,235-18%
Indianapolis$1,221+4%
Columbus$1,201+1%
Fishers$1,180-25%
Greenwood$1,132-9%
Camby$1,125+91%
Greenfield$1,059-6%
Beech Grove$1,052+5%
Lebanon$975+17%
Franklin$960+19%
Seymour$960+13%
Plainfield$870+4%
Anderson$779+5%
City2 Beds Avg RentAnnual Change
Carmel$2,034+6%
Whitestown$1,830-1%
Westfield$1,794+6%
Zionsville$1,735-7%
Camby$1,625+132%
Avon$1,566-2%
Bloomington$1,500+12%
Brownsburg$1,434-20%
Fishers$1,427-31%
Indianapolis$1,409+5%
Noblesville$1,381-3%
Columbus$1,375+6%
Greenwood$1,357-13%
Greenfield$1,215-6%
Plainfield$1,210+5%
Franklin$1,160+23%
Beech Grove$1,159+3%
Seymour$1,100+7%
Lebanon$1,089+10%
Anderson$962+12%

Compare Neighborhoods

Chapel Hill - Ben Davis

$574

1 Bed Avg. Rent

Martindale - Brightwood

$675

1 Bed Avg. Rent

Crown Hill

$715

1 Bed Avg. Rent

What are the most affordable neighborhoods in Indianapolis, IN?

For renters in Indianapolis seeking more affordable options, the neighborhoods to watch are Chapel Hill - Ben Davis, Martindale - Brightwood, and Crown Hill, where average rents for 1-bedroom apartments stand at $574, $675, and $715 respectively. Additional areas offering value are Irvington and Near Southeast, where the rents are $729 and $729, a favorable comparison to Indianapolis's overall 1-bedroom average of $1,221.

What are the most expensive neighborhoods in Indianapolis, IN?

In Indianapolis, the neighborhoods commanding the highest rents are Meridian Kessler, Broad Ripple Village, and Fountain Square. A 1-bedroom apartment in Meridian Kessler averages at $2,020, in Broad Ripple Village it averages $1,749, and in Fountain Square, the average is $1,633. For additional high-end living options, Fletcher Place offers 1-bedroom apartments at $1,565, and I65-South Emerson at $1,500. These rates compare to the overall average rent of $1,221 for a 1-bedroom apartment in Indianapolis, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in Indianapolis, IN?

In Indianapolis, the most sought-after neighborhoods for renters include Martindale - Brightwood, Fall Creek Place, and Near Eastside. In Martindale - Brightwood, the average rent for a 1-bedroom apartment is $675. Fall Creek Place sees average rents of $1,350 for a 1-bedroom unit. Near Eastside offers similar appeal with 1-bedroom apartments averaging $997. For those seeking other popular areas, Near Northside presents 1-bedroom apartments at $1,407, and Mass Ave at $1,330. These prices are set against the backdrop of the city-wide average of $1,221 for a 1-bedroom apartment in Indianapolis, underscoring the popularity of these particular neighborhoods.

NeighborhoodStudio Avg RentAnnual Change
Mass Ave$1,651+36%
North Meridian$1,450-3%
Meridian Kessler$1,444--
Fletcher Place$1,440+7%
Broad Ripple Village$1,399-10%
Downtown Indianapolis$1,365+10%
Fountain Square$1,306+26%
South Franklin$1,300--
I65-South Emerson$1,300--
Garden City$1,287-2%
West Side$1,264+10%
Chapel Hill - Ben Davis$1,259-13%
Fall Creek Place$1,250--
Near Northside$1,229+70%
Mass Avenue$1,200-1%
North Side$1,149+3%
Mapleton - Fall Creek$1,095-8%
College Park$1,095-35%
South Perry$967+5%
Valley Mills$927--
North High School$900--
St. Vincent - Greenbriar$878+19%
Eagledale$853+119%
Near Eastside$838--
East Side$825+10%
Far East Side$825+16%
Crooked Creek$816-6%
South Broad Ripple$799-6%
Chatham Arch$7650%
Old Northside$699-27%
Irvington$675--
Near Westside$650+31%
Crown Hill$550-8%
Neighborhood1 Bed Avg RentAnnual Change
Broad Ripple Village$1,749-5%
Fountain Square$1,633+8%
Fletcher Place$1,565-5%
I65-South Emerson$1,500+63%
Downtown Indianapolis$1,462-7%
Near Northside$1,407+52%
North Side$1,404+2%
North Meridian$1,350+3%
Fall Creek Place$1,350--
South Franklin$1,340+13%
Mass Ave$1,330-7%
Indiana Avenue$1,300-19%
Southern Dunes$1,290--
Mapleton - Fall Creek$1,282-2%
College Park$1,275+69%
South Perry$1,253+30%
Mass Avenue$1,225-21%
St. Vincent - Greenbriar$1,190+9%
Chatham Arch$1,1750%
Valley Mills$1,146--
Meadows$1,083--
Five Points$1,051+13%
Nora$1,041+6%
Crooked Creek$1,029+20%
Eagledale$1,009+14%
West Side$1,008+5%
Garden City$1,001+3%
Near Eastside$997--
Near Westside$979+98%
Devington$975+12%
Mars Hill$949+19%
Far East Side$945+10%
North High School$931-29%
East Warren$925+6%
East Side$908+4%
South Broad Ripple$894-11%
Christian Park$804--
Old Northside$764-35%
Irvington$729+8%
Near Southeast$729--
Crown Hill$715+2%
Martindale - Brightwood$675-54%
Chapel Hill - Ben Davis$574-22%
Neighborhood2 Beds Avg RentAnnual Change
Fletcher Place$2,190--
Fountain Square$2,135+12%
Downtown Indianapolis$1,867+1%
Near Northside$1,850+80%
Fall Creek Place$1,850--
North Meridian$1,715+7%
South Franklin$1,707+19%
North Side$1,588-4%
College Park$1,550-2%
Mapleton - Fall Creek$1,532-7%
St. Vincent - Greenbriar$1,458+11%
Southern Dunes$1,457--
Mass Ave$1,430-23%
Broad Ripple Village$1,361-1%
Indiana Avenue$1,350+6%
Garden City$1,335+7%
Meadows$1,296--
North High School$1,285-25%
West Side$1,284+7%
Five Points$1,258+14%
Nora$1,246+9%
Valley Mills$1,244--
South Perry$1,209+7%
Mass Avenue$1,208-43%
East Warren$1,202+9%
Chatham Arch$1,1400%
East Side$1,132+7%
Near Westside$1,112--
Eagledale$1,099+11%
Far East Side$1,096+10%
Crooked Creek$1,093+17%
Mars Hill$1,086+19%
South Broad Ripple$1,049-9%
I65-South Emerson$999-15%
Old Northside$929-42%
Near Eastside$899+20%
Near Southeast$879+26%
Irvington$849+8%
Crown Hill$849+2%
Bosart Brown$750--
Devington$700-27%
Chapel Hill - Ben Davis$627-26%

Transportation

Transportation Scores

Percentage: 3030

Walk Score®

Walkable

No

Say 32 of 42 renters

Has Sidewalks

Yes

Say 26 of 42 renters

Percentage: 4242

Bike Score®

Bike Friendly

Yes

Say 29 of 42 renters

Percentage: 1818

Transit Score®

They Are Located Near Public Transportation

No

Say 29 of 42 renters

Need A Car

No

Say 35 of 42 renters

Area Features

Area Has Litter

No

Say 39 of 42 renters

Noise Late At Night

No

Say 38 of 42 renters

Good Place To Raise A Family

Yes

Say 37 of 42 renters

Near Grocery Stores

Yes

Say 35 of 42 renters

Pet Friendly

Yes

Say 34 of 42 renters

Quiet Area

Yes

Say 34 of 42 renters

Mostly Older Buildings

No

Say 33 of 42 renters

Area Has Potholes

No

Say 32 of 42 renters

Area Has Kids Play Outside

Yes

Say 31 of 42 renters

Busy Streets

No

Say 30 of 42 renters

Safe For Families

Yes

Say 29 of 42 renters

Maintained Yards

Yes

Say 29 of 42 renters

Near Schools

Yes

Say 28 of 42 renters

Near Highways

Yes

Say 21 of 42 renters

Nearby Parks

No

Say 24 of 42 renters

Tree Lined Streets

No

Say 24 of 42 renters

Well Lit

No

Say 24 of 42 renters

Near Downtown

No

Say 32 of 42 renters

Nice Views

No

Say 35 of 42 renters

Mostly Newer Buildings

No

Say 37 of 42 renters

Schools

Percentage: 4/54/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in South Side Indianapolis

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

Find Apartments in Nearby Cities

City1 Bed Price2 Beds Price
Greenwood, IN 4.1 miles$1,132$1,357
Indianapolis, IN 13.8 miles$1,221$1,409
Brooklyn, IN 18.2 miles------
Nashville, IN 29.1 miles------
Indianapolis--Southside, IN 1.9 miles------
Carmel, IN 27 miles$1,615$2,034
Beech Grove, IN 9.4 miles$1,052$1,159
Fishers, IN 25.1 miles$1,180$1,427
Franklin, IN 7.9 miles$960$1,160
Avon, IN 22.7 miles$1,280$1,566