Cheap Apartments for Rent in the Southeast Side Triangle Neighborhood of Indianapolis, IN from $300 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southeast Side Triangle area of Indianapolis.

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.

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.

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Colonial Park
1 to 2 Bedroom Apartments

Colonial Park

4421 E Washington StIndianapolis, IN 46201
  • Utilities Included
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Butler Place
Studio to 1 Bedroom Apartments

Butler Place

5230 E Washington StIndianapolis, IN 46219
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Red Maple Grove
1 to 4 Bedroom Apartments

Red Maple Grove

2901 E Tabor StIndianapolis, IN 46203
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Irvington Living I
1 to 2 Bedroom Apartments

Irvington Living I

4741 E Washington StIndianapolis, IN 46201
  • Utilities Included

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.

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Linwood Manor
1 Bedroom Apartments

Linwood Manor

4509 E Washington StIndianapolis, IN 46201
Military
  • Utilities Included
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Line Lofts
2 Bedroom Apartments

Line Lofts

1145 E Washington StIndianapolis, IN 46202
Senior Living
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1354 Shelby St
1 Bedroom Apartments

1354 Shelby St

1354 Shelby StIndianapolis, IN 46203
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Kelker Hause
1 Bedroom Apartments

Kelker Hause

5360 Julian AveIndianapolis, IN 46219
Furnished
  • Utilities Included
  • Smoke Free
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Francis Apartments
1 to 2 Bedroom Apartments

Francis Apartments

1819 Main StBeech Grove, IN 46107
  • Utilities Included

Southeast Side Triangle - 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!

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The U
1 to 2 Bedroom Apartments

The U

2425 Albany StBeech Grove, IN 46107
  • Utilities Included

Southeast Side Triangle, Indianapolis, IN Local Guide

Cheapest Available Southeast Side Triangle Apartments for Rent

 

The cheapest available apartment rental in the Southeast Side Triangle area of Indianapolis, IN is a 2 Beds unit found at Minnie Hartmann Center priced from $931. Beech Meadow Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $947. Here are the most affordable Southeast Side Triangle apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Minnie Hartmann CenterThe Lucy 40%2BR,1BA$931
Beech Meadow ApartmentsBirch1BR,1BA$947
Historic Irvington FlatsBeautiful Renovated Historic Apartment 1 bedroo...1BR,1BA$1,039
Welcome to Dawson Village – Welcome Home!2 BR/1 BA - Renovated Townhome2BR,1BA$1,095
Line LoftsThe Inspiration 50%2BR,1BA$1,180
Gathyr ApartmentsBevilleStudio,1BA$1,199
Rise on MeridianThe AmeliaStudio,1BA$1,215
The LeoThe EliStudio,1BA$1,285
PinnexS1Studio,1BA$1,295
The VueSTUDIO APARTMENTStudio,1BA$1,320

Best Value Apartments for Rent in Southeast Side Triangle, IN

As of June 04, 2025 the best value apartment in the Southeast Side Triangle area is the $1.06 price per square foot 1 Bedroom 1 Bath Model at The Block in the in the Riley neighborhood starting from $1,539. The second greatest value Southeast Side Triangle apartment is the The Inspiration 60% Model at Line Lofts starting at $1,429 with a $1.53 price per square foot in the Riley neighborhood. Here is today’s list of the best values for Southeast Side Triangle apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Block1 Bedroom 1 Bath1BR,1BA$1.06
Line LoftsThe Inspiration 60%2BR,1BA$1.53
Beech Meadow ApartmentsHickory2BR,1BA$1.34
Minnie Hartmann CenterThe Alma 50%2BR,1BA$1.48
The VueONE BEDROOM APARTMENT1BR,1BA$1.81
Welcome to Dawson Village – Welcome Home!Brand New Double2BR,1BA$1.71
Historic Irvington FlatsBeautiful Renovated Historic Apartment 1 bedroo...1BR,1BA$1.60
The AssemblySprocket1BR,1BA$2.24
The LeoThe EliStudio ,1BA$2.36
Gathyr ApartmentsBatesStudio ,1BA$2.29

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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.

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Pet Friendly Lifestyle
Southeast Side Triangle, Indianapolis, IN

Ranked #91

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Southeast Side Triangle Apartments

What is a cheap apartment in Southeast Side Triangle?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southeast Side Triangle is under $1,320.

What is the price of a cheap apartment in Southeast Side Triangle?

The cheapest apartment in Southeast Side Triangle is Beech Meadow Apartments which is listed at $947, while the average apartment in Southeast Side Triangle costs $12,430.

What types of apartments are the cheapest in Southeast Side Triangle?

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 10 regular apartments in Southeast Side Triangle 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 Side Triangle?

Cheap apartments in Southeast Side Triangle have an average cost of $148 which is $12,282 cheaper than the average rent for all rentals in Southeast Side Triangle.

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 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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.