
Cheap 3 Bedroom Apartments for Rent in the Southeast Indianapolis Neighborhood of Indianapolis, IN from $975 (32 Rentals)


3120 Priscilla Ave

Jamestowne Apartments

3636 N Whittier Pl

50 Monroe St

Bristol Square

Cumberland Manor

Crosswinds
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Emerson Place

Maison Gardens Apartments

East Ridge

Cavalier Court

306 N Riley Ave

Historic Audubon Court

Charleston East Apartments

6255 E 25th St
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.

21 S Spencer Ave

3319 N Hawthorne Ln

8254 Meadowlark Dr

3301 Mardenna Ave

Braeburn Village

8517 Lenna Ct

4206 N Whittier Pl

Trenton House Apartments
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.

4342 Baker Dr

5563 E 34th St

3226 Wellington Ave

3815 Biscayne Rd

4134 N Grand Ave

8214 Shibler Dr

Beech Meadow Apartments

93 S 5th Ave
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.
Southeast Indianapolis, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Southeast Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southeast Indianapolis Studio Apartments | $878 | $495 | $1,360 |
| Southeast Indianapolis 1 Bedroom Apartments | $1,188 | $649 | $3,520 |
| Southeast Indianapolis 2 Bedroom Apartments | $1,307 | $750 | $3,525 |
Southeast Indianapolis 3 Bedroom Apartments | $1,750 | $975 | $7,560 |
| Southeast Indianapolis 4 Bedroom Apartments | $1,693 | $1,503 | $1,825 |
Explore Indianapolis
Southeast Indianapolis, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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- Local Counties
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleSoutheast Indianapolis, Indianapolis, IN
Ranked #27
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Southeast Indianapolis, Indianapolis, IN
School data provided by Great Schools
Frequently Asked Questions about Cheap Southeast Indianapolis Apartments
What is a cheap apartment in Southeast Indianapolis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southeast Indianapolis is under $799.
What is the price of a cheap apartment in Southeast Indianapolis?
The cheapest apartment in Southeast Indianapolis is Maison Gardens Apartments which is listed at $870, while the average apartment in Southeast Indianapolis costs $1,643.
What types of apartments are the cheapest in Southeast Indianapolis?
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 42 regular apartments in Southeast Indianapolis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Southeast Indianapolis?
Cheap apartments in Southeast Indianapolis have an average cost of $451 which is $1,192 cheaper than the average rent for all rentals in Southeast Indianapolis.
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
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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
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.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
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.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.