Cheap Homes for Rent in Southeast Indianapolis Neighborhood of Indianapolis, IN from $600 (49 Rentals)

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

property at 15 N Riley Ave

15 N Riley Ave

IndianapolisIN46201
property at 3901 Chateau Dr

3901 Chateau Dr

IndianapolisIN46226
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Southeast Indianapolis, Indianapolis, IN Local Guide

Cheapest Available Southeast Indianapolis Apartments for Rent

 

The cheapest available apartment rental in the Southeast Indianapolis area of Indianapolis, IN is a 1 Bed unit found at 1531 N Downey Ave priced from $285. 1748 N Bancroft St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here are the most affordable Southeast Indianapolis apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
1531 N Downey Ave1531 N Downey Ave1BR,1BA$285
1748 N Bancroft St1748 N Bancroft St1BR,1BA$500
Autumn Trails ApartmentsThe MapleStudio,1BA$749
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$769
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$825
Apartments @ Marten Court1x11BR,1BA$829
Vistas Apartments2 Bedroom 1.5 Bath Townhouse2BR,1BA$864
Kingston Square ApartmentsThe AshStudio,1BA$879
Vineyards Apartments1 Bedroom Apartment1BR,1BA$887

Best Value Apartments for Rent in Southeast Indianapolis, IN

As of March 31, 2025 the best value apartment in the Southeast Indianapolis area is the $0.76 price per square foot 11319 Congaree Way Model at 11319 Congaree Way in the in the Southeast Indianapolis neighborhood starting from $2,220. The second greatest value Southeast Indianapolis apartment is the 11757 Still Haven Ct Model at 11757 Still Haven Ct starting at $2,190 with a $0.83 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Southeast Indianapolis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
11319 Congaree Way11319 Congaree Way4BR,2.5BA$0.76
11757 Still Haven Ct11757 Still Haven Ct4BR,2.5BA$0.83
854 Treyburn Green Dr854 Treyburn Green Dr3BR,2.5BA$0.91
5635 Olive Branch Way5635 Olive Branch Way3BR,2.5BA$0.98
4234 Hovenweep Dr4234 Hovenweep Dr3BR,2.5BA$0.88
1411 Mutz Dr1411 Mutz Dr3BR,1BA$0.78
939 N Routiers Ave939 N Routiers Ave3BR,1BA$0.85
Paragon ParkTwo Bedroom One Bath2BR,1BA$0.92
60 - ADDISON APARTMENTS1st Floor Standard + W/D Hookups2BR,1BA$0.95
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$0.86

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Frequently Asked Questions about Southeast Indianapolis

What type of rentals are currently available in Southeast Indianapolis?

There are currently 270 Apartments for Rent in Southeast Indianapolis, IN with pricing that ranges from $392 to $6,600. There are also 220 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southeast Indianapolis ranging from $285 to $3,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southeast Indianapolis ranges from $285 to $3,500 with an average monthly rent of $1,645.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Southeast Indianapolis range from $1,225 to $3,826, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $2,799. Four Bedroom Single-Family rentals are also available starting from $1,350 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.

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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.