Cheap Homes for Rent in Near Southeast Neighborhood of Indianapolis, IN from $600 (37 Rentals)

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

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 821 Iowa St

$1,100

2 Bedroom Rentals

Available Now

821 Iowa St

IndianapolisIN46203

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.

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Showing Results 1-37, Page 1 of 1

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 ListingModel NameBed/BathPriced From
Welcome to Dawson Village – Welcome Home!2 BR/1 BA - FLATS2BR,1BA$899
Gathyr ApartmentsBellStudio,1BA$999
Line LoftsThe Inspiraton 50%2BR,1BA$1,062
PinnexS1Studio,1BA$1,149
City's EndBarcelona 0.1Studio,1BA$1,149
Wheeler LoftsB1BR,1BA$1,153
The VueSTUDIO APARTMENTStudio,1BA$1,180
Union SquareThe BartonStudio,1BA$1,235
The LeoThe EliStudio,1BA$1,275
Forte ApartmentsC- StudioStudio,1BA$1,390

Best Value Apartments for Rent in Near Southeast, IN

As of December 22, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Fountain Square Townhomes2 Bed 1.5 Bath2BR,1.5BA$1.35
929 English Ave, Unit A929 English Ave2BR,2BA$1.36
Line LoftsThe Intuition 60%2BR,1BA$1.53
Hinge Apartments1 Bedroom1BR,1BA$1.98
The VueONE BEDROOM APARTMENT1BR,1BA$1.66
Welcome to Dawson Village – Welcome Home!Brand New Double2BR,1BA$1.43
City's EndBarcelona 0.1Studio ,1BA$2.09
PinnexS1Studio ,1BA$2.11
Wheeler LoftsB1BR,1BA$2.14
Gathyr ApartmentsCapitolStudio ,1BA$2.15

Frequently Asked Questions about Near Southeast

What type of rentals are currently available in Near Southeast?

There are currently 101 Apartments for Rent in Near Southeast, IN with pricing that ranges from $563 to $9,946. There are also 140 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near Southeast ranging from $699 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 $699 to $6,000 with an average monthly rent of $1,807.

How much are larger Three and Four Bedroom Rentals in Near Southeast?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Near Southeast range from $1,600 to $4,006, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,050.

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.

Articles, How-To's, and Tips

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!