Cheap Apartments for Rent in the Near Southeast Neighborhood of Indianapolis, IN from $300 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near Southeast area of Indianapolis.

263 S Chester Ave

1701 Fletcher Ave

Welcome to Dawson Village – Welcome Home!

401 S Randolph St

4912 E Washington St
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1525 Villa Ave

841 Emerson Ave
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2916 Meredith Ave

1910 Southeastern Ave

409 S Dearborn St

1948 Shelby St

1528 E Gimber St
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4103 Spann Ave

239 N Tacoma Ave

3844 E Pleasant Run Parkway North Dr

1005 Harlan St

1640 Asbury St
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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.

906 Laurel St
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 | $1,229 | $1,099 | $1,390 |
| Near Southeast 1 Bedroom Apartments | $1,549 | $925 | $2,768 |
| Near Southeast 2 Bedroom Apartments | $1,478 | $563 | $3,242 |
| Near Southeast 3 Bedroom Apartments | $2,635 | $1,600 | $3,853 |
| Near Southeast 4 Bedroom Apartments | $2,879 | $1,050 | $6,393 |
Browse Apartments in this Neighborhood
There are currently 25 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 Welcome to Dawson Village – Welcome Home! priced from $899. Gathyr Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here are the most affordable Near Southeast apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Welcome to Dawson Village – Welcome Home! | 2 BR/1 BA - FLATS | 2BR,1BA | $899 |
| Gathyr Apartments | Bell | Studio,1BA | $999 |
| Line Lofts | The Inspiraton 50% | 2BR,1BA | $1,062 |
| Edge 35 | S1 | Studio,1BA | $1,107 |
| City's End | Barcelona 0.1 | Studio,1BA | $1,149 |
Best Value Apartments for Rent in Near Southeast, IN
As of December 29, 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 929 English Ave Model at 929 English Ave, Unit A starting at $1,500 with a $1.36 price per square foot in the Riley 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 |
| 929 English Ave, Unit A | 929 English Ave | 2BR,2BA | $1.36 |
| Line Lofts | The Intuition 60% | 2BR,1BA | $1.53 |
| Hinge Apartments | 1 Bedroom | 1BR,1BA | $1.98 |
| The Vue | ONE BEDROOM APARTMENT | 1BR,1BA | $1.66 |
| Welcome to Dawson Village – Welcome Home! | Brand New Double | 2BR,1BA | $1.43 |
| 1145 Woodlawn Ave, Unit 1 | 1145 Woodlawn Ave | 1BR,1BA | $1.65 |
| City's End | Barcelona 0.1 | Studio ,1BA | $2.09 |
| Pinnex | S1 | Studio ,1BA | $2.11 |
| Wheeler Lofts | B | 1BR,1BA | $2.14 |
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 $1,235.
What is the price of a cheap apartment in Near Southeast?
The cheapest apartment in Near Southeast is Wheeler Lofts which is listed at $1,153, while the average apartment in Near Southeast costs $22,130.
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 25 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
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

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

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Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

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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.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
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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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