Cheap Homes for Rent in Near Southeast Neighborhood of Indianapolis, IN from $600 (34 Rentals)

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

property at 15 N Riley Ave

15 N Riley Ave

IndianapolisIN46201

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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Near Southeast - One of the Best Affordable Neighborhoods in Indianapolis

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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 $999. 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$999
Florence Fay School Senior ApartmentsOne Bedroom F 60%1BR,1BA$1,039
Welcome to Dawson Village – Welcome Home!2 BR/1 BA - Renovated Townhome2BR,1BA$1,095
Gathyr ApartmentsBatesStudio,1BA$1,199
Rise on MeridianThe AmeliaStudio,1BA$1,210
The VueSTUDIO APARTMENTStudio,1BA$1,264
The LeoThe EliStudio,1BA$1,285

Best Value Apartments for Rent in Near Southeast, IN

As of May 11, 2025 the best value apartment in the Near Southeast 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 Near Southeast apartment is the T Model at Wheeler Lofts starting at $1,798 with a $1.79 price per square foot in the Concord 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 Block1 Bedroom 1 Bath1BR,1BA$1.06
Wheeler LoftsT1BR,1BA$1.79
Line LoftsThe Intuition 60%2BR,1BA$1.53
Welcome to Dawson Village – Welcome Home!2 BR/1 BA - Renovated Townhome2BR,1BA$1.22
Florence Fay School Senior ApartmentsOne Bedroom F 60%1BR,1BA$1.19
Beech Meadow ApartmentsHickory2BR,1BA$1.34
The VueONE BEDROOM APARTMENT1BR,1BA$1.75
214 N 9th Ave, Unit 214 N. 9th Avenue214 N 9th Ave2BR,1BA$1.18
949 Prospect St, Unit Up949 Prospect St2BR,1BA$1.59
1302 Pleasant St, Unit B1302 Pleasant St1BR,1BA$1.93

Frequently Asked Questions about Near Southeast

What type of rentals are currently available in Near Southeast?

There are currently 107 Apartments for Rent in Near Southeast, IN with pricing that ranges from $475 to $15,250. There are also 88 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near Southeast ranging from $695 to $3,400.

What is the current price range for Rental Homes in Near Southeast?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Near Southeast ranges from $695 to $3,400 with an average monthly rent of $1,506.

How much are larger Three and Four Bedroom Rentals in Near Southeast?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Near Southeast range from $1,000 to $4,829, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,485.

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.