Cheap Apartments for Rent in the Near Southeast Neighborhood of Indianapolis, IN from $300 (43 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Near Southeast area of Indianapolis.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
close
View Me
Colonial Park
1 to 2 Bedroom Apartments

Colonial Park

4421 E Washington StIndianapolis, IN 46201
  • Utilities Included
property at 15 N Riley Ave

15 N Riley Ave

IndianapolisIN46201
close
View Me
Red Maple Grove
1 to 4 Bedroom Apartments

Red Maple Grove

2901 E Tabor StIndianapolis, IN 46203

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
close
View Me
Irvington Living I
1 to 2 Bedroom Apartments

Irvington Living I

4741 E Washington StIndianapolis, IN 46201
  • Utilities Included
close
View Me
Linwood Manor
1 Bedroom Apartments

Linwood Manor

4509 E Washington StIndianapolis, IN 46201
Military
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
close
View Me
Line Lofts
2 Bedroom Apartments

Line Lofts

1145 E Washington StIndianapolis, IN 46202
Senior Living
close
View Me
1354 Shelby St
1 Bedroom Apartments

1354 Shelby St

1354 Shelby StIndianapolis, IN 46203

Near Southeast - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Read Article
close
View Me
The U
1 to 2 Bedroom Apartments

The U

2425 Albany StBeech Grove, IN 46107
  • Utilities Included
Showing Results 1-43, Page 1 of 1

Cheapest Available Near Southeast Apartments for Rent

 

The cheapest available apartment rental in the Near Southeast area of Indianapolis, IN is a 1 Bed unit found at Beech Meadow Apartments priced from $947. Welcome to Dawson Village – Welcome Home! has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here are the most affordable Near Southeast apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Beech Meadow ApartmentsBirch1BR,1BA$947
Welcome to Dawson Village – Welcome Home!Renovated 2 Bedroom Flat - Open Kitchen Floorplan2BR,1BA$950
Line LoftsThe Inspiration 50%2BR,1BA$1,180
Gathyr ApartmentsBatesStudio,1BA$1,199
Rise on MeridianThe AmeliaStudio,1BA$1,225
The LeoThe EliStudio,1BA$1,285
PinnexS1Studio,1BA$1,298
9 on CanalStockholm1BR,1BA$1,330

Best Value Apartments for Rent in Near Southeast, IN

As of May 30, 2025 the best value apartment in the Near Southeast area is the $1.06 price per square foot 1 Bedroom 1 Bath Model at The Block in the in the Riley neighborhood starting from $1,539. The second greatest value Near Southeast apartment is the A Model at Wheeler Lofts starting at $1,486 with a $1.46 price per square foot in the Concord neighborhood. Here is today’s list of the best values for Near Southeast apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Block1 Bedroom 1 Bath1BR,1BA$1.06
Wheeler LoftsAStudio ,1BA$1.46
Line LoftsThe Inspiration 60%2BR,1BA$1.53
Beech Meadow ApartmentsHickory2BR,1BA$1.34
The VueONE BEDROOM APARTMENT1BR,1BA$1.79
214 N 9th Ave, Unit 214 N. 9th Avenue214 N 9th Ave2BR,1BA$1.18
1302 Pleasant St, Unit B1302 Pleasant St1BR,1BA$1.80
Welcome to Dawson Village – Welcome Home!Renovated 2 Bedroom Flat - Open Kitchen Floorplan2BR,1BA$1.36
Union SquareThe Cornell1BR,1BA$2.21
1311 Woodlawn Ave, Unit 13111311 Woodlawn Ave1BR,1BA$1.54

Getting Around the Near Southeast Neighborhood in Indianapolis, IN

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

56 / 100

Bikeable

Some bike infrastructure

Transit Score®

34 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Near Southeast Apartments

What is the Cheapest Studio apartment in Near Southeast?

Currently the most affordable Cheap Studio Apartment in Near Southeast is at Gathyr Apartments listed at $1,199.

How much is rent for a Cheap One Bedroom Near Southeast Apartment?

The lowest price for a Cheap One Bedroom Near Southeast Apartment is $947 at Beech Meadow Apartments.

What is the lowest price for a Cheap Two Bedroom Near Southeast Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Near Southeast is starting from $950 at Welcome to Dawson Village – Welcome Home!.

What is the most affordable Near Southeast Three Bedroom Apartment?

The best deal on a cheap Near Southeast Three Bedroom Apartment rental is at Beech Meadow Apartments and starts from $1,306.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

Written by: Wendy Melton

Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.