Cheap Homes for Rent in Southeast Indianapolis Neighborhood of Indianapolis, IN from $500 (48 Rentals)

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Search the lowest-cost Homes available for rent right now in the Southeast Indianapolis 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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property at 6259 E 11th St

6259 E 11th St

IndianapolisIN46219

The 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.

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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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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 1-48, Page 1 of 1

Southeast Indianapolis, Indianapolis, IN Local Guide

Cheapest Available Southeast Indianapolis Apartments for Rent

 

The cheapest available apartment rental in the Southeast Indianapolis area of Indianapolis, IN is a Studio unit found at Elmtree Park priced from $635. The Aerie on 11th Street has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here are the most affordable Southeast Indianapolis apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Elmtree ParkStudio 1 BathStudio,1BA$635
The Aerie on 11th Street6240 East 11th Street - Apt 2082BR,1BA$700
Willowood EastStudioStudio,1BA$705
Serenity Manor 55+ Independent Active LivingStudioStudio,1BA$715
Autumn Trails ApartmentsThe MapleStudio,1BA$749
Serenity Park ApartmentsBecome an Eastsider Today! Get 1 month free on ...1BR,1BA$769
The Vineyards Apartment HomesStudio ApartmentStudio,1BA$779
Spanish OaksStudioStudio,1BA$799
StonehengeStudioStudio,1BA$799
Kingston Square ApartmentsThe AshStudio,1BA$829

Best Value Apartments for Rent in Southeast Indianapolis, IN

As of September 16, 2025 the best value apartment in the Southeast Indianapolis area is the $0.89 price per square foot 3 bedroom Townhouse Model at Bristol Square in the in the Southeast Indianapolis neighborhood starting from $1,225. The second greatest value Southeast Indianapolis apartment is the 7302 East Washington Street Model at 7302 East Washington Street, Unit A starting at $1,250 with a $1.04 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Southeast Indianapolis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bristol Square3 bedroom Townhouse3BR,2.5BA$0.89
7302 East Washington Street, Unit A7302 East Washington StreetStudio ,1.5BA$1.04
Brookhaven Apartments2 Bed 1 Bath2BR,1BA$0.89
Lawrence LandingTwo Bedroom2BR,1.5BA$1.08
60 - ADDISON APARTMENTS1st Floor Standard2BR,1BA$0.95
Indy Town ApartmentsFrederick Square 2 bedroom2BR,1BA$0.89
Greenway ApartmentsGreenway 2 bedroom (Large)2BR,1BA$1.04
The Vistas Apartment Homes2 Bedroom 1.5 Bath Townhouse2BR,1.5BA$1.13
Frederick SquareFrederick Square 2 bedroom2BR,1BA$0.98
The Aerie on 11th Street6220 E 11th St - Apt 3112BR,1BA$0.82

Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Southeast Indianapolis, Indianapolis, IN

Ranked #34

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Southeast Indianapolis, Indianapolis, IN

School data provided by Great Schools

Frequently Asked Questions about Southeast Indianapolis

What type of rentals are currently available in Southeast Indianapolis?

There are currently 234 Apartments for Rent in Southeast Indianapolis, IN with pricing that ranges from $635 to $2,100. There are also 296 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southeast Indianapolis ranging from $595 to $4,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southeast Indianapolis ranges from $595 to $4,500 with an average monthly rent of $1,798.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Southeast Indianapolis range from $1,225 to $2,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,075 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,385 and Four Bedroom Apartments start at $1,503.

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.

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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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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.

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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.

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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.