Cheap Apartments for Rent in the Southeast Side Triangle Neighborhood of Indianapolis, IN from $300 (21 Rentals)

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

property at 932 E Market St

932 E Market St

IndianapolisIN46202

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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Colonial Park
1 to 2 Bedroom Apartments

Colonial Park

4421 E Washington StIndianapolis, IN 46201
  • Utilities Included

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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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 3 Bedroom Apartments

Irvington Living I

4741 E Washington StIndianapolis, IN 46201
  • Utilities Included
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Linwood Manor
1 Bedroom Apartments

Linwood Manor

4509 E Washington StIndianapolis, IN 46201
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Francis Apartments
1 to 2 Bedroom Apartments

Francis Apartments

1819 Main StBeech Grove, IN 46107
  • Utilities Included

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.

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 Line Lofts priced from $563. Welcome to Dawson Village – Welcome Home! has the second lowest priced unit, which is a 2 Beds apartment currently listed from $899. Here are the most affordable Southeast Side Triangle apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Line LoftsThe Inspiration 30%2BR,1BA$563
Welcome to Dawson Village – Welcome Home!2 BR/1 BA - FLATS2BR,1BA$899
Minnie Hartmann CenterThe Lucy 40%2BR,1BA$931
Gathyr ApartmentsBellStudio,1BA$999
Historic Irvington FlatsP1BR,1BA$1,091

Best Value Apartments for Rent in Southeast Side Triangle, IN

As of December 09, 2025 the best value apartment in the Southeast Side Triangle area is the $1.35 price per square foot 2 Bed 1.5 Bath Model at Fountain Square Townhomes in the in the Concord neighborhood starting from $1,619. The second greatest value Southeast Side Triangle apartment is the 929 English Ave Model at 929 English Ave, Unit A starting at $1,500 with a $1.36 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.
Fountain Square Townhomes2 Bed 1.5 Bath2BR,1.5BA$1.35
929 English Ave, Unit A929 English Ave2BR,2BA$1.36
Line LoftsThe Intuition 60%2BR,1BA$1.53
Beech Grove Station Senior ApartmentsUnit A2BR,1BA$1.27
Hinge Apartments1 Bedroom1BR,1BA$1.98
Minnie Hartmann CenterThe Alma 50%2BR,1BA$1.48
The VueONE BEDROOM APARTMENT1BR,1BA$1.59
Welcome to Dawson Village – Welcome Home!Brand New Double2BR,1BA$1.43
Historic Irvington FlatsP1BR,1BA$1.62
City's EndBarcelona 0.1Studio ,1BA$2.09

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.

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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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Your 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

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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 Side Triangle, Indianapolis, IN

Ranked #158

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

Pet Friendliness Lifestyle Score

3.0
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 $1,199.

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

The cheapest apartment in Southeast Side Triangle is Historic Irvington Flats which is listed at $1,091, while the average apartment in Southeast Side Triangle costs $19,465.

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 29 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 $480 which is $18,985 cheaper than the average rent for all rentals in Southeast Side Triangle.

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.

Articles, How-To's, and Tips

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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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!