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

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

Near Southeast

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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Colonial Park
1 to 2 Bedroom Apartments

Colonial Park

4421 E Washington StIndianapolis, IN 46201
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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
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Linwood Manor
1 Bedroom Apartments

Linwood Manor

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

The U

2425 Albany StBeech Grove, IN 46107
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Showing Results 1-21, Page 1 of 1

Cheapest Available Near Southeast Apartments for Rent

 

The cheapest available apartment rental in the Near Southeast area of Indianapolis, IN is a 2 Beds unit found at Line Lofts priced from $962. Beech Meadow Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,006. Here are the most affordable Near Southeast apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Line LoftsThe Inspiration 60% HOME2BR,1BA$962
Beech Meadow ApartmentsBirch1BR,1BA$1,006
Florence Fay School Senior ApartmentsOne Bedroom K 60%1BR,1BA$1,039
The AssemblyCylinder - Workforce1BR,1BA$1,175
Edge 35S2Studio,1BA$1,190

Best Value Apartments for Rent in Near Southeast, IN

As of April 15, 2025 the best value apartment in the Near Southeast area is the $1.24 price per square foot 3 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $2,199. The second greatest value Near Southeast apartment is the The Inspiration 60% Model at Line Lofts starting at $1,324 with a $1.42 price per square foot in the Riley neighborhood. Here is today’s list of the best values for Near Southeast apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Block3 Bedroom 2 Bath3BR,2BA$1.24
Line LoftsThe Inspiration 60%2BR,1BA$1.42
Florence Fay School Senior ApartmentsOne Bedroom F 60%1BR,1BA$1.19
The VueONE BEDROOM APARTMENT1BR,1BA$1.95
Beech Meadow ApartmentsBirch1BR,1BA$1.34
The LeoThe Williams1BR,1BA$2.19
PinnexA11BR,1BA$2.09
The AssemblySprocket1BR,1BA$2.24
Union SquareThe Hughes1BR,1BA$2.20
Forte ApartmentsA3- StudioStudio ,1BA$2.26

Getting Around the Near Southeast Neighborhood in Indianapolis, IN

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

56 / 100

Bikeable

Some bike infrastructure

Transit Score®

34 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Near Southeast Apartments

What is the Cheapest Studio apartment in Near Southeast?

Currently the most affordable Cheap Studio Apartment in Near Southeast is at Edge 35 listed at $1,190.

How much is rent for a Cheap One Bedroom Near Southeast Apartment?

The lowest price for a Cheap One Bedroom Near Southeast Apartment is $1,006 at Beech Meadow Apartments.

What is the lowest price for a Cheap Two Bedroom Near Southeast Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Near Southeast is starting from $962 at Line Lofts.

What is the most affordable Near Southeast Three Bedroom Apartment?

The best deal on a cheap Near Southeast Three Bedroom Apartment rental is at Beech Meadow Apartments and starts from $1,330.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.