Cheap Homes for Rent in Near Southeast Neighborhood of Indianapolis, IN from $600 (40 Rentals)

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

property at 423 Villa Ave

423 Villa Ave

IndianapolisIN46201

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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 Welcome to Dawson Village – Welcome Home! priced from $999. Gathyr Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,149. Here are the most affordable Near Southeast apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Welcome to Dawson Village – Welcome Home!2 BR/1 BA - TOWN HOME2BR,1BA$999
Gathyr ApartmentsBatesStudio,1BA$1,149
The AssemblyCylinder - Workforce1BR,1BA$1,175
The VueONE BEDROOM APARTMENT1BR,1BA$1,314
City's EndDubai 2 1.11BR,1BA$1,408
The LeoThe Sherman1BR,1BA$1,525
Union SquareThe Cairo1BR,1BA$1,550
Fountain Square Townhomes2 Bed 1.5 Bath2BR,1BA$1,619
Wheeler LoftsM2BR,1BA$1,871

Best Value Apartments for Rent in Near Southeast, IN

As of September 12, 2025 the best value apartment in the Near Southeast area is the $1.26 price per square foot M Model at Wheeler Lofts in the in the Concord neighborhood starting from $1,871. The second greatest value Near Southeast apartment is the C1 Model at Pinnex starting at $2,149 with a $1.71 price per square foot in the Wholesale District 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.
Wheeler LoftsM2BR,1BA$1.26
PinnexC13BR,2BA$1.71
Fountain Square Townhomes2 Bed 1.5 Bath2BR,1.5BA$1.35
Edge 35B32BR,2BA$1.88
Welcome to Dawson Village – Welcome Home!2 BR/1 BA - TOWN HOME2BR,1BA$1.11
City's EndChicago 1.11BR,1BA$1.85
The VueONE BEDROOM APARTMENT1BR,1BA$1.71
2133 Napoleon St, Unit B2133 Napoleon St2BR,1BA$2.53
The AssemblySprocket1BR,1BA$2.24
Gathyr ApartmentsCapitolStudio ,1BA$2.54

Frequently Asked Questions about Near Southeast

What type of rentals are currently available in Near Southeast?

There are currently 103 Apartments for Rent in Near Southeast, IN with pricing that ranges from $650 to $8,109. There are also 128 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near Southeast ranging from $750 to $6,000.

What is the current price range for Rental Homes in Near Southeast?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Near Southeast ranges from $750 to $6,000 with an average monthly rent of $1,930.

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 Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.