Cheap Homes for Rent in Near Southeast Neighborhood of Indianapolis, IN from $600 (40 Rentals)

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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Near Southeast - 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!

property at 3825 Spann Ave

3825 Spann Ave

IndianapolisIN46203

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 F 60%1BR,1BA$1,039
Welcome to Dawson Village – Welcome Home!2 BR/1 BA - Renovated Townhome2BR,1BA$1,095
The VueSTUDIO APARTMENTStudio,1BA$1,151
Edge 35S2Studio,1BA$1,159
Gathyr ApartmentsBatesStudio,1BA$1,199
Rise on MeridianThe AmeliaStudio,1BA$1,205
9 on CanalStockholm1BR,1BA$1,220
The LeoThe EliStudio,1BA$1,250

Best Value Apartments for Rent in Near Southeast, IN

As of April 28, 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 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 Block3 Bedroom 2 Bath3BR,2BA$1.24
Wheeler LoftsT1BR,1BA$1.79
Line LoftsThe Intuition 60%2BR,1BA$1.42
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
The VueONE BEDROOM APARTMENT1BR,1BA$1.76
Beech Meadow ApartmentsBirch1BR,1BA$1.34
949 Prospect St, Unit Up949 Prospect St2BR,1BA$1.70
Forte ApartmentsOne Bedroom- B Style1BR,1BA$2.01
Union SquareThe Hughes1BR,1BA$2.20

Frequently Asked Questions about Near Southeast

What type of rentals are currently available in Near Southeast?

There are currently 109 Apartments for Rent in Near Southeast, IN with pricing that ranges from $325 to $15,990. There are also 96 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near Southeast ranging from $650 to $4,850.

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 $650 to $4,850 with an average monthly rent of $1,407.

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 $4,051, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,025 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,200 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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.