
Cheap Homes for Rent in the Southeast Indianapolis Neighborhood of Indianapolis, IN from $580 (40 Rentals)
Search the lowest-cost Homes available for rent right now in the Southeast Indianapolis area of Indianapolis.


15 N Riley Ave

2310 N Ritter Ave

932 N Leland Ave

5143 Washington St

2206 Norden Ct

2314 N Ritter Ave

2312 N Ritter 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.

5241 E 9th St

2339 Valley Creek W Ln

101 S Bancroft St

6205 E 12th St

1450 N Campbell Ave

6054 E 16th St

5923 E 24th St

212 S Emerson Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

6447 S Franklin Rd

8254 Meadowlark Dr

6808 East 21st St

3720 N Butler Ave

4939 Katherine Dr

77 N Layman Ave

6255 E 25th St

306 N Riley Ave
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

50 N Campbell Ave

4200 N Arlington Ave, Unit 3

3516 N Hawthorne Ln

6010 Castleford Dr

3823 Biscayne Rd

3829 Biscayne Rd

5819 Greenfield Ave

3821 Biscayne Rd
Southeast Indianapolis - 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!

3934 N Grand Ave

19 S Spencer Ave

39 N Catherwood Ave

37 N Catherwood Ave

2725 Kristen Dr W

5221 E 10th St

3420 N Elizabeth St

5976 Radnor Rd, Unit 5936 - 2B
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Southeast Indianapolis, Indianapolis, IN Local Guide

How much does it cost to rent a home in Southeast Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southeast Indianapolis 2 Bedroom Homes for Rent | $1,167 | $645 | $2,000 |
| Southeast Indianapolis 3 Bedroom Homes for Rent | $1,718 | $850 | $3,800 |
| Southeast Indianapolis 4 Bedroom Homes for Rent | $2,066 | $1,145 | $5,500 |
| Southeast Indianapolis 5 Bedroom Homes for Rent | $2,538 | $2,400 | $2,900 |
Browse Homes for Rent in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the Southeast Indianapolis Neighborhood of Indianapolis, IN.
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Southeast Indianapolis, Indianapolis, IN Local Guide
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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 Serenity Manor 55+ Active Adult priced from $659. Postbrook East Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $745. Here are the most affordable Southeast Indianapolis apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Serenity Manor 55+ Active Adult | Studio | Studio,1BA | $659 |
| Postbrook East Apartments | 2bd TH Remodeled | 2BR,1BA | $745 |
| Olivewood | Studio | Studio,1BA | $750 |
| Elmtree Park | Studio 1 Bath | Studio,1BA | $750 |
| Willowood East | Studio | Studio,1BA | $760 |
| Reserves at Warren Park | One Bedroom | 1BR,1BA | $775 |
| Spanish Oaks | Studio | Studio,1BA | $775 |
| Muessing Apartments | 1 Beds, 1 Baths | 1BR,1BA | $775 |
| Maison Gardens Apartments | 2 BDR Remodeled | 2BR,1BA | $780 |
| The Vineyards Apartment Homes | Studio Classic | Studio,1BA | $789 |
Best Value Apartments for Rent in Southeast Indianapolis, IN
As of September 09, 2026 the best value apartment in the Southeast Indianapolis area is the $1.07 price per square foot 2 BR / 1.5 BA Model at Shadeland Terrace Townhomes w/Full Basements in the in the Southeast Indianapolis neighborhood starting from $1,395. The second greatest value Southeast Indianapolis apartment is the The Estate - Two Bedroom 1.5 Bath Model at Paragon Park starting at $1,249 with a $1.02 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shadeland Terrace Townhomes w/Full Basements | 2 BR / 1.5 BA | 2BR,1.5BA | $1.07 |
| Paragon Park | The Estate - Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.02 |
| 7302 East Washington Street, Unit A | 7302 East Washington Street | Studio ,1.5BA | $1.04 |
| Brookhaven Apartments | 2 Bed 1 Bath | 2BR,1BA | $0.91 |
| Postbrook East Apartments | 3 bd F Remod | 3BR,1BA | $1.07 |
| 60 - ADDISON APARTMENTS | 1st Floor Remodel + W/D Hookups | 2BR,1BA | $0.96 |
| Park Forest Apartments | 2BR/1BA | 2BR,1BA | $1.07 |
| Frederick Square | Frederick Square 2 bedroom | 2BR,1BA | $0.98 |
| East Ridge | Two Bedroom | 2BR,1BA | $0.97 |
| Greenway Apartments | Greenway 2 bedroom | 2BR,1BA | $1.02 |
Don'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 ArticleNavigating 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.
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 #13
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 Southeast Indianapolis
What type of rentals are currently available in Southeast Indianapolis?
There are currently 268 Apartments for Rent in Southeast Indianapolis, IN with pricing that ranges from $650 to $8,185. There are also 287 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southeast Indianapolis ranging from $580 to $5,500.
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 $580 to $5,500 with an average monthly rent of $1,719.
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 $950 to $8,185, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,145 and Four Bedroom Apartments start at $1,486.
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

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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.