Cheap Apartments for Rent in the Southeast Side Triangle Neighborhood of Indianapolis, IN from $300 (30 Rentals)

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

property at 8 N Butler Ave

8 N Butler Ave

IndianapolisIN46219

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.

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Colonial Park
1 to 2 Bedroom Apartments

Colonial Park

4421 E Washington StIndianapolis, IN 46201
  • Utilities Included
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Butler Place
Studio to 1 Bedroom Apartments

Butler Place

5230 E Washington StIndianapolis, IN 46219

Southeast Side Triangle - 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!

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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
  • Utilities Included
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Linwood Manor
1 Bedroom Apartments

Linwood Manor

4509 E Washington StIndianapolis, IN 46201
Military
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Kelker Hause
1 Bedroom Apartments

Kelker Hause

5360 Julian AveIndianapolis, IN 46219
Furnished
  • Utilities Included
  • Smoke Free
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Francis Apartments
1 to 2 Bedroom Apartments

Francis Apartments

1819 Main StBeech Grove, IN 46107
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The U
1 to 2 Bedroom Apartments

The U

2425 Albany StBeech Grove, IN 46107
  • Utilities Included

Southeast Side Triangle, Indianapolis, IN Local Guide

Cheapest Available Southeast Side Triangle Apartments for Rent

 

The cheapest available apartment rental in the Southeast Side Triangle area of Indianapolis, IN is a 1 Bed unit found at Beech Meadow Apartments priced from $950. Line Lofts has the second lowest priced unit, which is a 2 Beds apartment currently listed from $962. Here are the most affordable Southeast Side Triangle apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Beech Meadow ApartmentsBirch1BR,1BA$950
Line LoftsThe Inspiration 60% HOME2BR,1BA$962
Florence Fay School Senior ApartmentsOne Bedroom F 60%1BR,1BA$1,039
Historic Irvington FlatsBeautiful Renovated Historic Apartment 1 bedroo...1BR,1BA$1,039
Welcome to Dawson Village – Welcome Home!2 BR/1 BA - Renovated Townhome2BR,1BA$1,095
Edge 35S2Studio,1BA$1,159
The AssemblyCylinder - Workforce1BR,1BA$1,175
The VueSTUDIO APARTMENTStudio,1BA$1,186
Gathyr ApartmentsBatesStudio,1BA$1,199
Rise on MeridianThe AmeliaStudio,1BA$1,205

Best Value Apartments for Rent in Southeast Side Triangle, IN

As of April 29, 2025 the best value apartment in the Southeast Side Triangle 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 Southeast Side Triangle apartment is the Elm Model at Beech Meadow Apartments starting at $1,306 with a $1.28 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Southeast Side Triangle apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Block3 Bedroom 2 Bath3BR,2BA$1.24
Beech Meadow ApartmentsElm3BR,1.5BA$1.28
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
949 Prospect St, Unit Up949 Prospect St2BR,1BA$1.66
Forte ApartmentsOne Bedroom- B Style1BR,1BA$2.01
Historic Irvington FlatsBeautiful Renovated Historic Apartment 1 bedroo...1BR,1BA$1.60

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Pet Friendly Lifestyle
Southeast Side Triangle, Indianapolis, IN

Ranked #93

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Southeast Side Triangle Apartments

What is a cheap apartment in Southeast Side Triangle?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southeast Side Triangle is under $1,205.

What is the price of a cheap apartment in Southeast Side Triangle?

The cheapest apartment in Southeast Side Triangle is Beech Meadow Apartments which is listed at $950, while the average apartment in Southeast Side Triangle costs $15,880.

What types of apartments are the cheapest in Southeast Side Triangle?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Southeast Side Triangle that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Southeast Side Triangle?

Cheap apartments in Southeast Side Triangle have an average cost of $105 which is $15,775 cheaper than the average rent for all rentals in Southeast Side Triangle.

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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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.

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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.