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Cheap Apartments for Rent in South Franklin, Indianapolis, IN

25 rentals

South and Madison - Photo 1 of 1

10h ago

9.5

Excellent

Our team has verified this company

Verified

South and Madison

1834 Madison Village Dr, Indianapolis, IN 46227

Affordable

Studio–3 beds

0–2 baths

$809–$1,578

Price drop

Apartment for rent

Available Jun 29

Call

Emerson Village - Photo 1 of 1
Rent special

20h ago

9.9

Excellent

Our team has verified this company

Verified

Emerson Village

5140 Emerson Village Pl, Indianapolis, IN 46237

Affordable | In-unit laundry | Dishwasher

1–2 beds

1–2 baths

$938–$1,318

Apartment for rent

Top amenities
Dishwasher
Fitness Center
In-Unit Laundry
On-Site Laundry
Residents Lounge
Swimming Pool

Call

CrossRoads @ Madison Park - Photo 1 of 1

3d ago

9.9

Excellent

Our team has verified this company

Verified

CrossRoads @ Madison Park

4725 Madison Ave, Indianapolis, IN 46227

Affordable

2 beds

1 bath

$950

Apartment for rent

Call

Overlook at Valley Ridge Apartments - Photo 1 of 1

2d ago

9.9

Excellent

Our team has verified this company

Verified

Overlook at Valley Ridge Apartments

6810 Valley Ridge Dr, Indianapolis, IN 46237

Affordable | In-unit laundry | Garage parking

1–3 beds

1–2 baths

$1,195–$5,206

Price drop

Apartment for rent

Top amenities
Carpet
Fitness Center
In-Unit Laundry
On-Site Laundry
Roof Deck
Swimming Pool

Call

Lakes of Windsor - Photo 1 of 1

4d ago

8.4

Very good

Lakes of Windsor

7251 Windsor Lakes Dr, Indianapolis, IN 46237

Affordable | In-unit laundry | Garage parking

1–3 beds

1–2 baths

$1,260–$1,850

Apartment for rent

Top amenities
Business Center
Fitness Center
Garage Parking
Hardwood Floor
Package Service
Residents Lounge
The Jacob - Photo 1 of 1
Rent special

1d ago

9

Excellent

Our team has verified this company

Verified

The Jacob

2110 E Southport Rd, Southport, IN 46227

Affordable | In-unit laundry

Studio–2 beds

1–2 baths

$1,325–$1,899

Apartment for rent

Top amenities
In-Unit Laundry

Call

Nearby rental good for eco-living

$1,810

Indianapolis

Nearby rental good for pet owners

6268 Glenshire Ln - Photo 1 of 1

5d+ ago

Cheap house for rent in Indianapolis

Single Family Residence, Craftsman - Indianapolis, IN

6268 Glenshire Ln, Indianapolis, IN 46237

Affordable | In-unit laundry | Garage parking

3 beds

2 baths

$1,700

House for rent

Top amenities
Dishwasher
Fireplace
Garage Parking
In-Unit Laundry
3628 Valley Lake Dr - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

3628 Valley Lake Dr, Indianapolis, IN 46227

Affordable | Garage parking | Walk-in closets

3 beds

1 bath

$2,010

$1,700

Price drop

House for rent

Available Jun 1

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1285 Kenwood Dr - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

1285 Kenwood Dr, Greenwood, IN 46143

Affordable

3 beds

2.5 baths

$1,735

House for rent

Available May 11

10610 Crackling Dr - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

10610 Crackling Dr, Indianapolis, IN 46259

Affordable

3 beds

2 baths

$1,770

House for rent

Available May 25

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Find sweet deals near South Franklin

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$1,775

Galludet

$830–$1,578

South Perry

$950

Edgewood

$1,700

South Perry

10734 Pavilion Dr - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

10734 Pavilion Dr, Indianapolis, IN 46259

Affordable | On-site laundry | On-site management

3 beds

1 bath

$1,905

$1,770

Price drop

House for rent

Available May 26

Top amenities
On-Site Laundry
On-Site Management
8351 Brambleberry Dr - Photo 1 of 1

5d+ ago

Cheap Galludet house for rent in Indianapolis

Ranch,Traditional, Single Family Residence - Indianapolis, IN

8351 Brambleberry Dr, Indianapolis, IN 46239

Affordable | In-unit laundry | Garage parking

3 beds

2 baths

$1,775

House for rent

Top amenities
Fireplace
Garage Parking
In-Unit Laundry
6210 Carrie Cir - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

6210 Carrie Cir, Indianapolis, IN 46237

Affordable | On-site laundry | Garage parking

3 beds

2 baths

$1,810

House for rent

Available Jun 5

Top amenities
Fireplace
High Ceilings
On-Site Laundry
3210 Montgomery Dr - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

3210 Montgomery Dr, Indianapolis, IN 46227

Affordable

3 beds

2.5 baths

$1,845

House for rent

Available Jun 24

Redwood Indianapolis - Photo 1 of 1
Highly rated
Rent special

2d ago

8.5

Very good

Redwood Indianapolis

7925 Carlington Rd, Indianapolis, IN 46237

Affordable | In-unit laundry | Dishwasher

2 beds

2 baths

$1,876–$3,075

Apartment for rent

Top amenities
Carpet
In-Unit Laundry
6116 Buck Blvd - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

6116 Buck Blvd, Indianapolis, IN 46237

Affordable | On-site laundry | On-site management

3 beds

2 baths

$2,155

$1,920

Price drop

House for rent

Available May 8

Top amenities
On-Site Laundry
On-Site Management
7502 Turnberry Ct - Photo 1 of 1

23h ago

Cheap house for rent in Indianapolis

Affordable | In-unit laundry | On-site management

4 beds

2 baths

$1,950

House for rent

Available May 11

Top amenities
Ceiling Fan
In-Unit Laundry
On-Site Management
6404 Amarillo Way - Photo 1 of 1

1d ago

Our team has verified this company

Verified

6404 Amarillo Way, Indianapolis, IN 46237

Affordable | On-site laundry | Garage parking

3 beds

2 baths

$2,005

House for rent

Available Apr 21

Top amenities
Ceiling Fan
Garage Parking
On-Site Laundry
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8243 Retreat Ln - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

Affordable

3 beds

2.5 baths

$2,120

House for rent

Available May 7

8018 Gathering Ln - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

8018 Gathering Ln, Indianapolis, IN 46259

Affordable | On-site laundry | On-site management

4 beds

2.5 baths

$2,350

$2,165

Price drop

House for rent

Available May 16

Top amenities
On-Site Laundry
On-Site Management
8234 Gathering Cir - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

8234 Gathering Cir, Indianapolis, IN 46259

Affordable | On-site laundry | Garage parking

3 beds

2.5 baths

$2,335

House for rent

Available May 29

Top amenities
Garage Parking
Hardwood Floor
On-Site Laundry
8110 Meadow Bend Dr - Photo 1 of 1

5d+ ago

Cheap South Franklin house for rent in Indianapolis

4 Bedroom Pet-Friendly Home in Indianapolis, IN with Main Street Renewal

8110 Meadow Bend Dr, Indianapolis, IN 46259

Affordable | Storage | Swimming pool

4 beds

2.5 baths

$2,455

House for rent

7635 Shady Trails Dr - Photo 1 of 1

5d+ ago

Cheap South Franklin apartment for rent in Indianapolis

7635 Shady Trails Dr, Indianapolis, IN 46259

Affordable | In-unit laundry | Garage parking

4 beds

3.5 baths

$3,575

$3,250

Price drop

Apartment for rent

Top amenities
Air Conditioning
Dishwasher
Garage Parking
In-Unit Laundry
Oven
7348 Deerberg Dr - Photo 1 of 1

23h ago

Cheap South Franklin house for rent in Indianapolis

Affordable | Garage parking | Dishwasher

5 beds

3 baths

$3,600

House for rent

Top amenities
Fireplace
Garage Parking
6241 Buck Blvd - Photo 1 of 1

5d+ ago

Cheap Galludet house for rent in Indianapolis

Single Family Residence, Craftsman - Indianapolis, IN

6241 Buck Blvd, Indianapolis, IN 46237

Affordable | Garage parking | Walk-in closets

5 beds

4.5 baths

$3,600

House for rent

Showing 1 - 25 of 25 results
Home > Apartments in Indianapolis > South Franklin > South Franklin Cheap Apartments For Rent
Updated: May 13, 2026

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Looking for cheap apartments in South Franklin, Indianapolis, IN near you?

💸Lowest price$809
🔑Available apartment rentals25
💰Best rent deal1834 Madison Village Dr
✨Popular amenities, ,
🍽With dishwasher
🏠With photos

For more in depth rent prices, check out our South Franklin, Indianapolis, IN rent data, which covers average and median rents in South Franklin, Indianapolis, IN.

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