
Cheap Homes for Rent in Near Southeast Neighborhood of Indianapolis, IN from $700 (48 Rentals)
Search the lowest-cost Homes available for rent right now in the Near Southeast area of Indianapolis.


1838 E Minnesota St

2218 Pleasant St

2218 Pleasant St

1313 Cruft St

1609 S Randolph St

2340 Calhoun St

2948 Shelby St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1940 Shelby St

2338 Calhoun St

1948 Shelby St

1910 Southeastern Ave

212 S Emerson Ave

2519 Southeastern Ave

238 N Beville Ave

2002 Shelby St

5121 E Burgess Ave

1509 S Randolph St
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.

1157 Villa Ave

2513 Prospect St

5123 E Burgess Ave

22 N Colorado Ave

2434 E Bradbury Ave

40 N Euclid Ave

2334 Walker Ave

1912 Southeastern Ave
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.

1519 E Tabor St

2011 Applegate St

21 N Tacoma Ave

37 N Randolph St

2217 Saint Paul St

1874 Barth Ave

421 Leeds Ave
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.

1512 English Ave

1630 Iowa St

1429 E New York St

2350 Shelby St

1823 Hoyt Ave

265 S Dearborn St

1645 Asbury St

824 Harlan St

1011 Dreier Pl

302 S Randolph St

4568 Young Ave

929 E Bradbury Ave
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!

4565 Brookville Rd

1034 St Paul St

2 Bedroom Bungalow
Near Southeast, Indianapolis, IN Local Guide

How much does it cost to rent a home in Near Southeast?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Near Southeast 2 Bedroom Homes for Rent | $1,275 | $875 | $2,200 |
Near Southeast 3 Bedroom Homes for Rent | $1,767 | $1,000 | $3,400 |
Near Southeast 4 Bedroom Homes for Rent | $3,064 | $2,295 | $4,799 |
Near Southeast 5 Bedroom Homes for Rent | $2,595 | $2,495 | $2,695 |
Browse Homes for Rent in this Neighborhood
There are currently 48 rentals with your search options within a 2 mile radius of the Near Southeast Neighborhood of Indianapolis, IN.
Explore Indianapolis
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 The Assembly priced from $1,175. Welcome to Dawson Village – Welcome Home! has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here are the most affordable Near Southeast apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Assembly | Hydraulic - Workforce | 1BR,1BA | $1,175 |
Welcome to Dawson Village – Welcome Home! | Brand New Double | 2BR,1BA | $1,200 |
The Vue | ONE BEDROOM APARTMENT | 1BR,1BA | $1,236 |
Gathyr Apartments | Jefferson | 1BR,1BA | $1,499 |
Wheeler Lofts | R | 1BR,1BA | $1,549 |
Union Square | The Cairo | 1BR,1BA | $1,585 |
Fountain Square Townhomes | 2 Bed 1.5 Bath | 2BR,1BA | $1,619 |
The Leo | The Hathaway Monthly Furnished Suite | 1BR,1BA | $2,500 |
Pinnex | C5 | 3BR,2BA | $2,599 |
Best Value Apartments for Rent in Near Southeast, IN
As of July 26, 2025 the best value apartment in the Near Southeast area is the $1.73 price per square foot C5 Model at Pinnex in the in the Wholesale District neighborhood starting from $2,599. The second greatest value Near Southeast apartment is the 2 Bed 1.5 Bath Model at Fountain Square Townhomes starting at $1,619 with a $1.35 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. |
---|---|---|---|
Pinnex | C5 | 3BR,2.5BA | $1.73 |
Fountain Square Townhomes | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.35 |
Wheeler Lofts | R | 1BR,1BA | $1.37 |
Union Square | The Christie Furnished | 1BR,1BA | $2.68 |
The Leo | The Hathaway Monthly Furnished Suite | 1BR,1BA | $3.09 |
The Vue | STUDIO APARTMENT | Studio ,1BA | $1.76 |
Gathyr Apartments | Jefferson | 1BR,1BA | $2.07 |
Welcome to Dawson Village – Welcome Home! | Brand New Double | 2BR,1BA | $1.71 |
The Assembly | Sprocket | 1BR,1BA | $2.24 |
Frequently Asked Questions about Near Southeast
What type of rentals are currently available in Near Southeast?
There are currently 98 Apartments for Rent in Near Southeast, IN with pricing that ranges from $700 to $9,240. There are also 116 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near Southeast ranging from $750 to $4,799.
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 $4,799 with an average monthly rent of $1,788.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.

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.