Cheap Apartments for Rent in the Near Southeast Neighborhood of Indianapolis, IN from $300 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near Southeast area of Indianapolis.

238.5 N Beville Ave

263 S Chester Ave

1920 E Washington St

1701 Fletcher Ave

38-38 N Grant Ave

Welcome to Dawson Village – Welcome Home!
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1205 St Peter St

1721 Laurel St

1944 Shelby St

2340 Calhoun St

39 N Forest Ave
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1948 Shelby St

423 Villa Ave

1528 E Gimber St

2916 Meredith Ave

1329 E Market St

1640 Asbury St

1005 Harlan St
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1007 Harlan St

33 N Bradley Ave

4101 Spann Ave

1413 E Washington St

419 Harlan St

906 Laurel St

68 N 7th Ave
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Near Southeast, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Near Southeast?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent | 
|---|---|---|---|
| Near Southeast Studio Apartments | $1,250 | $925 | $1,390 | 
| Near Southeast 1 Bedroom Apartments | $1,471 | $699 | $2,650 | 
| Near Southeast 2 Bedroom Apartments | $1,477 | $563 | $2,425 | 
| Near Southeast 3 Bedroom Apartments | $2,619 | $1,100 | $4,200 | 
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 2 mile radius of the Near Southeast Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Cheapest Available Near Southeast Apartments for Rent
 The cheapest available apartment rental in the Near Southeast area of Indianapolis, IN is a 2 Beds unit found at Line Lofts priced from $563. Welcome to Dawson Village – Welcome Home! has the second lowest priced unit, which is a 2 Beds apartment currently listed from $899. Here are the most affordable Near Southeast apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From | 
|---|---|---|---|
| Line Lofts | The Inspiration 30% | 2BR,1BA | $563 | 
| Welcome to Dawson Village – Welcome Home! | 2 BR/1 BA - FLATS | 2BR,1BA | $899 | 
| Gathyr Apartments | Bates | Studio,1BA | $1,049 | 
| The Vue | STUDIO APARTMENT | Studio,1BA | $1,126 | 
| The Assembly | Spindle - Workforce | 1BR,1BA | $1,150 | 
| Wheeler Lofts | B | 1BR,1BA | $1,153 | 
| City's End | Barcelona 0.1 | Studio,1BA | $1,220 | 
| Forte Apartments | C- Studio | Studio,1BA | $1,390 | 
| Pinnex | A1 | 1BR,1BA | $1,399 | 
Best Value Apartments for Rent in Near Southeast, IN
As of October 31, 2025 the best value apartment in the Near Southeast area is the $1.35 price per square foot 2 Bed 1.5 Bath Model at Fountain Square Townhomes in the in the Concord neighborhood starting from $1,619. The second greatest value Near Southeast apartment is the B3 Model at Edge 35 starting at $1,949 with a $1.88 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. | 
|---|---|---|---|
| Fountain Square Townhomes | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.35 | 
| Edge 35 | B3 | 2BR,2BA | $1.88 | 
| Line Lofts | The Intuition 60% | 2BR,1BA | $1.53 | 
| The Vue | ONE BEDROOM APARTMENT | 1BR,1BA | $1.66 | 
| 1115 Laurel St, Unit B | 1115 Laurel St | Studio ,1BA | $1.23 | 
| Welcome to Dawson Village – Welcome Home! | Brand New Double | 2BR,1BA | $1.56 | 
| Pinnex | A1 | 1BR,1BA | $2.11 | 
| Forte Apartments | C- Studio | Studio ,1BA | $2.20 | 
| City's End | Barcelona 0.1 | Studio ,1BA | $2.22 | 
| Wheeler Lofts | B | 1BR,1BA | $2.14 | 
Getting Around the Near Southeast Neighborhood in Indianapolis, IN
Walk Score®
48 / 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 a cheap apartment in Near Southeast?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near Southeast is under $1,399.
What is the price of a cheap apartment in Near Southeast?
The cheapest apartment in Near Southeast is The Assembly which is listed at $1,150, while the average apartment in Near Southeast costs $8,039.
What types of apartments are the cheapest in Near Southeast?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 20 regular apartments in Near Southeast that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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Everything is a negotiation in real estate!

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Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.






