
Cheap Homes for Rent in Southeast Indianapolis Neighborhood of Indianapolis, IN from $600 (57 Rentals)
Search the lowest-cost Homes available for rent right now in the Southeast Indianapolis area of Indianapolis.


5045 E 10th St

5959 E 24th St

4905 E 13th St

5951 Rawles Ave

212 S Emerson Ave

4849 N Bolton Ave

6262 Eastridge Dr

3701 N Emerson Ave
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.

6264 Eastridge Dr

5909 Devington Rd

2811 N Hawthorne Ln

6005 Dickson Rd

5037 E 10th St

4111 Stonecrest Ct

5207 E 34th St

4835 N Bolton Ave

5918 Devington Rd

133 N Muessing 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.

6066 E 16th St

5121 E Burgess Ave

2226 N Kitley Ave

2221 N Kenyon St

2426 N Kitley Ave

2234 N Kitley Ave

6231 Windsor Dr

5778 E 30th St

5123 E Burgess Ave

606 S Spencer Ave

5956 Radnor Rd
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.

7171 E 48th St

5541 E 40th St

2256 Admiral Dr

6319 E 24th St

2234 N Kenyon St

2114 N Kenyon St

2115 N Kenyon St

6317 Nimitz Dr

2114 N Kitley Ave

2216 N Kitley 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.

2258 Admiral Dr

2231 N Kenyon St

2125 N Kenyon St

2233 N Kenyon St

3933 N Kitley Ave

4006 N Pasadena St

5244 E 27th St

3964 N Lesley Ave

10049 Hawkins Ct

5417 Greenfield Ave
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!
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 | $1,083 | $875 | $1,975 |
Southeast Indianapolis 3 Bedroom Homes for Rent | $1,628 | $899 | $2,520 |
Southeast Indianapolis 4 Bedroom Homes for Rent | $2,113 | $1,475 | $3,850 |
Southeast Indianapolis 5 Bedroom Homes for Rent | $2,572 | $1,480 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 57 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 1 Bed unit found at Indy Town Apartments priced from $692. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Indy Town Apartments | Arlington Green 1 bedroom | 1BR,1BA | $692 |
The Aerie on 11th Street | 6260 East 11th Street - Apt 302 | 2BR,1BA | $700 |
Serenity Manor 55+ Independent Senior Living | Studio | Studio,1BA | $715 |
Autumn Trails Apartments | The Maple | Studio,1BA | $749 |
Serenity Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $769 |
Olivewood | Studio | Studio,1BA | $780 |
Spanish Oaks | Studio | Studio,1BA | $799 |
Prairies Apartments | 1 Bedroom Apartment | 1BR,1BA | $821 |
Kingston Square Apartments | The Ash | Studio,1BA | $829 |
Best Value Apartments for Rent in Southeast Indianapolis, IN
As of July 25, 2025 the best value apartment in the Southeast Indianapolis area is the $1.15 price per square foot Three Bedroom Two Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,539. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Paragon Park | Three Bedroom Two Bath | 3BR,2BA | $1.15 |
7302 East Washington Street, Unit A | 7302 East Washington Street | Studio ,1.5BA | $1.04 |
Lawrence Landing | Two Bedroom | 2BR,1.5BA | $1.08 |
Brookhaven Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.89 |
Vistas Apartments | 2 Bedroom 1.5 Bath Townhouse | 2BR,1.5BA | $1.08 |
Frederick Square | Frederick Square 2 bedroom | 2BR,1BA | $1.09 |
Greenway Apartments | Greenway 2 bedroom | 2BR,1BA | $1.09 |
The Aerie on 11th Street | 6240 East 11th Street - Apt 202 | 2BR,1BA | $0.82 |
Bristol Square | 1 Bedroom Loft | 1BR,1.5BA | $1.06 |
Indy Town Apartments | Arlington Green 1 bedroom | 1BR,1BA | $1.18 |
Quick 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.
Frequently Asked Questions about Southeast Indianapolis
What type of rentals are currently available in Southeast Indianapolis?
There are currently 238 Apartments for Rent in Southeast Indianapolis, IN with pricing that ranges from $700 to $4,500. There are also 272 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southeast Indianapolis ranging from $625 to $3,850.
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 $625 to $3,850 with an average monthly rent of $1,661.
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 $1,050 to $4,345, while Three Bedroom Homes, Condos, and Townhomes for rent range from $899 to $2,520. Four Bedroom Single-Family rentals are also available starting from $1,475 and Four Bedroom Apartments start at $1,426.
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.