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Studio Apartments for Rent in Southport, IN

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  • 8026 Mcfarland Ct, Indianapolis, IN 46227
    8026 Mcfarland Ct, Indianapolis, IN 46227
    8026 Mcfarland Ct, Indianapolis, IN 46227
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    Starting at $819 Per Month

    • Studio - 2 Beds

    8026 Mcfarland Ct, Indianapolis, IN 46227

    Sherbrook Apartments, conveniently located on the south side of Indy on Stop 11 Road, are 15 minutes from downtown and 5 minutes north of Greenwood. The Southport area of Indianapolis offers exceptional dining, shopping, and entertainment. Sherbrook Indianapolis apartments feature private entrances and patios for your convenience. We offer Studio, 1 & 2 bedroom apartments in Indianapolis near

    Sherbrook

    8026 Mcfarland Ct, Indianapolis, IN 46227
Indiana Marion County

Studio Homes for Rent in Southport, IN

Why Live in Southport

Southport, Indiana, is a small, self-governing community in south Indianapolis, known for its strong community spirit and volunteer-driven initiatives. It’s characterized by a mix of historic and modern homes. The north side features older houses, including 19th-century homes and Craftsman bungalows from the 1920s, while the south side consists of homes built between the 1960s and 1980s. Ranch-style homes, bi-levels and split-levels round out the available housing. An $18 million apartment project, The Jacob, opened in fall 2025 with 93 units. Southport Park, the community’s primary green space, offers a basketball court, a baseball diamond and a playground. It also serves as the site for events like the Independence Celebration and Santa in the Park. Perry Township Schools serves Southport, and the district is well rated. East Southport Road is a hub for shopping and dining, featuring spots like Vintage Gypsy, Southport Antique Mall, Mizo Choka Asian and Long's Bakery. The community is also just 3 miles north of Greenwood Park Mall, a large indoor shopping center. Interstate 65 provides a convenient commute to downtown Indianapolis.

Learn more about living in Southport

Frequently Asked Questions

How much does it cost to rent a home in Southport, IN?
The median rent for a home in Southport, IN is $1,422 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Southport, IN?
To comfortably afford the median rent in Southport, IN, a household needs to earn roughly $56,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,422 per month in Southport, IN, renters typically need to show $4,266 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Southport, IN?
In Southport, IN, the price-to-rent ratio is 15.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Southport, IN are best for renting a home?
The best neighborhood for renting in Southport, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Fountain Square, North Meridian and Canal-White River, each with its own character and price range.

Rental Trends in Southport, IN

There are currently 1 homes available for rent in Southport, IN. The median rent is $1,422 per month, with condos at $1,423.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,422
Median Condo Rent
$1,423
How to Rent a Home

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