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261 E Southern Ave

Indianapolis, IN 46225 - Marion County

Apartment

2 beds

1 bath

850 sqft

Cats & dogs OK

In-unit laundry

About 261 E Southern Ave

Discover Bellagio South Living II in Indianapolis - contemporary apartment homes featuring stainless steel appliances, built-in microwaves, and energy-efficient LED lighting. Each unit offers luxury vinyl plank flooring throughout and the convenience of an in-unit washer and dryer. Thoughtfully designed finishes and modern fixtures create a comfortable, low-maintenance living environment in a well-located community. Amenities: LED Lights & Stove.

54 days on RentalSource

RentalSource last checked: 5 hours ago · Listing updated: November 6, 2026

Managed by Midwest Living Management · (317) 608-2801

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$1,125
Bedrooms:	2 beds
Bathrooms:	1 bath
Size:	850 sqft

Pets:	Cats & dogs
Laundry:	In unit
Parking:	Inquire
Available:	Now
ID:	84406479

Amenities

Washer/Dryer In Unit
Microwave
Refrigerator
Stainless Steel Appliances
Vinyl/Laminate Floors

Leasing Information

Fees

Deposit $1,125 (mandatory, refundable, move-in).

Additional Details

This 2-bedroom, 1-bathroom apartment at 261 E Southern Ave in Indianapolis, IN 46225 rents for $1,125 a month. It has 850 square feet and is pet friendly. 261 E Southern Ave was advertised by Midwest Living Management on September 18, 2026.

How the Rent Compares

At $1,125 a month, this apartment is close to the typical rent for 2-bedroom apartments and condos in Indianapolis (about $1,180).

From 205 two-bedroom apartments and condos listed in Indianapolis on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.

$1,180Typical rent for 2-bedroom apartments and condos in Indianapolis

$1,000–$1,450Middle half of their rents

43 daysAverage time they have been listed

See 2+ bedroom rentals in Indianapolis

Rent History

The rent has changed 3 times since it was listed on September 18, from $1,195 to $1,125.

Rent history for this home, newest first
Date	Event	Rent	Change
November 6, 2026	Price change	$1,125+2.7%	+2.7%
October 27, 2026	Price change	$1,095−12.4%	−12.4%
October 8, 2026	Price change	$1,250+4.6%	+4.6%
September 18, 2026	Listed for rent	$1,195

These are listed prices. What renters actually paid may have been different.

Affordability Calculator

Can I afford to live at 261 E Southern Ave?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$45,000 /year

With your chosen rent-to-income ratio, an annual income of $45,000 is recommended to comfortably afford this 2-bedroom rental priced at $1,125 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Commute

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