Cheap Homes for Rent in Near Southeast Neighborhood of Indianapolis, IN from $600 (35 Rentals)

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Search the lowest-cost Homes 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!

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 1 Bed unit found at Florence Fay School Senior Apartments priced from $846. Line Lofts has the second lowest priced unit, which is a 2 Beds apartment currently listed from $962. Here are the most affordable Near Southeast apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Florence Fay School Senior ApartmentsOne Bedroom B 50%1BR,1BA$846
Line LoftsThe Inspiration 60% HOME2BR,1BA$962
Beech Meadow ApartmentsBirch1BR,1BA$1,006
The AssemblyCylinder - Workforce1BR,1BA$1,175
The VueSTUDIO APARTMENTStudio,1BA$1,180
9 on CanalStockholm1BR,1BA$1,195
Gathyr ApartmentsBellStudio,1BA$1,199
Rise on MeridianThe AmeliaStudio,1BA$1,205
Edge 35S2Studio,1BA$1,215
Forte ApartmentsA3- StudioStudio,1BA$1,340

Best Value Apartments for Rent in Near Southeast, IN

As of April 07, 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 G- 2 Bedroom Model at Slate Apartments starting at $2,290 with a $2.09 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
Slate ApartmentsG- 2 Bedroom2BR,2.5BA$2.09
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$1.81
Beech Meadow ApartmentsBirch1BR,1BA$1.34
PinnexA21BR,1BA$2.08
The LeoThe Williams1BR,1BA$2.19
The AssemblySprocket1BR,1BA$2.24
Union SquareThe Hughes1BR,1BA$2.22

Frequently Asked Questions about Near Southeast

What type of rentals are currently available in Near Southeast?

There are currently 106 Apartments for Rent in Near Southeast, IN with pricing that ranges from $435 to $17,810. There are also 88 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 $1,519.

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 $4,019, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $3,100. 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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.