
Cheap Apartments for Rent in the Near Southeast Neighborhood of Indianapolis, IN from $500 (65 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near Southeast area of Indianapolis.


4522 E Washington St, Unit 2ND FLOOR

2201 E New York St, Unit D

Dawson Village

321-323 N Arsenal Ave

5131 E Burgess Ave

Assembly

330 N Arsenal Ave

1558 Shelby St

1814 Calvin St
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Line Lofts

Gathyr

50 S Denny St

Forte Apartments

Total Monthly Price
1701 Fletcher Ave, Unit A

1557 Lawton Ave

Emerton Place Townhomes

1527 Prospect St

3569 Prospect St

235 N Oakland Ave
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Stonekey Apartments

15 N Riley Ave

Red Maple Grove

Garfield Terrace Apartments

2209 E New York St

2201 E New York St

2002 1/2 Shelby St

The Wash Apartments

2338 Calhoun St

906 Laurel St
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47 N Ewing St

Colonial Park

Irvington Living III

Linwood Manor

3917 Prospect St

212 S Emerson Ave

1024 E Bradbury Ave

2014 Southeastern Ave

Spruce Manor Apartments

1354 Shelby St
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!

228 N Tacoma Ave

1666 E Naomi St

Edge 35

2746 Shelby St

1524 E Legrande Ave

128 S Emerson Ave

1737 Terrace Ave

19 S Spencer Ave

2601 E Bradbury Ave

918 E Pleasant Run Parkway North Dr
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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 | $1,227 | $799 | $1,720 |
| Near Southeast 1 Bedroom Apartments | $1,505 | $750 | $2,520 |
| Near Southeast 2 Bedroom Apartments | $1,674 | $699 | $3,475 |
| Near Southeast 3 Bedroom Apartments | $1,641 | $899 | $2,349 |
| Near Southeast 4 Bedroom Apartments | $1,279 | $1,279 | $1,279 |
Browse Apartments in this Neighborhood
There are currently 65 rentals with your search options within a 2 mile radius of the Near Southeast Neighborhood of Indianapolis, IN.
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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 Dawson Village priced from $899. Edge 35 has the second lowest priced unit, which is a Studio apartment currently listed from $1,047. Here are the most affordable Near Southeast apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dawson Village | 2 BR/1 BA - FLATS | 2BR, 1BA | $899 |
| Edge 35 | S1 | Studio, 1BA | $1,047 |
| Gathyr | Bates | Studio, 1BA | $1,099 |
| The Vue | STUDIO APARTMENT | Studio, 1BA | $1,136 |
| Forte Apartments | A2- Studio | Studio, 1BA | $1,140 |
| Emerton Place Townhomes | Townhome | 2BR, 1BA | $1,195 |
| Cole Motor | Amberson | 1BR, 1BA | $1,299 |
| Leo | StudioE - The Eli | Studio, 1BA | $1,305 |
| City's End | Charlotte 1.1 | Studio, 1BA | $1,343 |
Best Value Apartments for Rent in Near Southeast, IN
As of September 27, 2026 the best value apartment in the Near Southeast area is the $1.93 price per square foot C3 Model at Pinnex in the Wholesale District neighborhood starting from $2,633. The second greatest value Near Southeast apartment is the Two Bedroom Model at Applegate Flats in the Concord neighborhood starting at $1,650 with a $1.42 price per square foot. 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. |
|---|---|---|---|
| Pinnex | C3 | 3BR, 2BA | $1.93 |
| Applegate Flats | Two Bedroom | 2BR, 1.5BA | $1.42 |
| Fletcher Place Terrace Building 2 | 2BR/1.5BA | 2BR, 1.5BA | $1.82 |
| Emerton Place Townhomes | Flat | 2BR, 1BA | $1.41 |
| The Vue | ONE BEDROOM APARTMENT | 1BR, 1BA | $1.65 |
| Dawson Village | 2 BR/1 BA - Renovated Townhome | 2BR, 1BA | $1.56 |
| 1701 Fletcher Ave, Unit A | 1701 Fletcher Ave | 1BR, 1BA | $1.64 |
| City's End | Charlotte 1.1 | Studio, 1BA | $1.98 |
| Assembly | MKT-Valve | 1BR, 1BA | $2.12 |
| Gathyr | Bates | Studio, 1BA | $2.09 |
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 Edge 35 listed at $1,047.
How much is rent for a Cheap One Bedroom Near Southeast Apartment?
The lowest price for a Cheap One Bedroom Near Southeast Apartment is $1,267 at The Vue.
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 $899 at Dawson Village.
What is the most affordable Near Southeast Three Bedroom Apartment?
The best deal on a cheap Near Southeast Three Bedroom Apartment rental is at Assembly and starts from $2,184.
Expert Rental Resources
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.
Helpful Local Expert Guides

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My name is Wendy, and I am the local expert for ApartmentHomeLiving.com in the Indianapolis area. Being born and raised in Indiana, I know the true meaning of Hoosier hospitality.

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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

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Articles, How-To's, and Tips

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.