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Cheap Apartments for Rent in Southside Indianapolis

1,063 Rentals
.
  5. Building Photo - Encore Apartments
    STUDIO
    $805+
    1 BED
    $1,050+
    2 BEDS
    $1,200+

    Encore Apartments

    8035 Preidt Pl, Indianapolis, IN 46237
  11. Building Photo - Berkley Commons
    $275 Off
    Price Drop. $275 Off
    |
    1 BED
    $925+
    2 BEDS
    $1,125+
    3 BEDS
    $1,380+
    4 BEDS
    $1,695+

    Berkley Commons

    8201 Madison Ave, Indianapolis, IN 46227
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  12. Building Photo - Fountain Lake Villas
    STUDIO
    $925+
    1 BED
    $1,075+
    2 BEDS
    $1,150+
    3 BEDS
    $1,550+

    Fountain Lake Villas

    2220 E Stop 13 Rd, Indianapolis, IN 46227
  20. Building Photo - Sherbrook
    STUDIO
    $999+
    1 BED
    $994+

    Sherbrook

    8026 McFarland Ct, Indianapolis, IN 46227
  33. Building Photo - Meridian Oaks
    1 BED
    $1,110+
    2 BEDS
    $1,235+
    3 BEDS
    $1,445+

    Meridian Oaks

    187 Love Ave, Greenwood, IN 46142
Showing 42 of 219 results, Page 1 of 6

Greenwood at a Glance

Average Rent

$684
(All bedrooms and property types)
Learn more about
Average Rent in Greenwood
0

School Rating

out of 10 Rating
Learn more about
Schools in Greenwood
1

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Greenwood
41

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Greenwood

Southside Indianapolis Neighborhood in Greenwood, IN

When looking for cheap apartments in Southside Indianapolis, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Southside Indianapolis.

Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.

Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 219 cheap apartments available in Southside Indianapolis, Apartment Finder is the place to find your next rental.

Top Budget-Friendly Neighborhoods in Greenwood

(For 1 bedroom apartments)

Getting Around Greenwood

Transportation

38

Car-Dependent

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
41

Somewhat Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
1

Minimal Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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