Apartments for Rent in Near Southeast
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Rent Special|1 BED$1,099+2 BEDS$1,549+3 BEDS$2,184+
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Good Value|STUDIO$1,277+1 BED$1,449+2 BEDS$1,664+3 BEDS$2,202+
Pinnex
931 Fletcher Ave, Indianapolis, IN 46203 -
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Rent Special|
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Good Value1 BED$1,365+2 BEDS$1,605+
Mozzo apartments
531 Virginia Ave, Indianapolis, IN 46203 -
Rent Special|
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Price Drop. $230 OffSTUDIO$1,130+1 BED$1,409+2 BEDS$1,799+
Gathyr
1117 E Market St, Indianapolis, IN 46202 -
Looking For Cheaper Options?Explore the Best Affordable Neighborhoods in Indianapolis
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Price Drop. $237 Off
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Exceptional ValueSTUDIO$1,087+1 BED$1,333+2 BEDS$1,924+Edge 35
1224 Prospect St, Indianapolis, IN 46203 -
1 Month Free -
Price Drop. $360 OffSTUDIO$1,315+1 BED$1,400+2 BEDS$2,270+
Union Square
1233 Shelby St, Indianapolis, IN 46203 -
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Discounts
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Rent SpecialSTUDIO$1,340+1 BED$1,540+2 BEDS$1,890+
Forte Apartments
1140 Shelby St, Indianapolis, IN 46203 -
Total Monthly Price Total Monthly Price New3 BEDS, 2 BATHS$2,075Base Rent$2,075Required Monthly FeesNoneTotal Monthly Price$2,075
17 N Randolph St
17 N Randolph St, Indianapolis, IN 46201 -
Rent Special2 BEDS$1,014Line Lofts
1145 E Washington St, Indianapolis, IN 46202 -
Exceptional Value2 BEDS$899Dawson Village
2469 Dawson St, Indianapolis, IN 46203 -
Discounts2 BEDS$1,195
Emerton Place Townhomes
5024 Emerton Pl, Indianapolis, IN 46203 -
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Total Monthly Price Total Monthly Price New3 BEDS, 2 BATHS$2,000Base Rent$2,000Required Monthly FeesNoneTotal Monthly Price$2,0001920 S Woodlawn Ave
1920 S Woodlawn Ave, Indianapolis, IN 46203 -
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Total Monthly Price Total Monthly Price New3 BEDS, 2 BATHS$2,366Base Rent$2,366Required Monthly FeesNoneTotal Monthly Price$2,36649 S Lasalle St Unit SI ID1540092P
49 S Lasalle St, Indianapolis, IN 46201 -
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2 BEDS, 1.5 BATHS$1,7992013 Southeastern Ave
2013 Southeastern Ave, Indianapolis, IN 46201 -
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3 BEDS, 2 BATHS$1,605
1825 Keystone Lakes Dr
1825 Keystone Lakes Dr, Indianapolis, IN 46237
Indianapolis at a Glance
Fountain Square Indianapolis Neighborhood
Less than a mile southeast of downtown Indianapolis, Indiana, residents and community groups work to preserve the history and character of the Fountain Square Cultural District, a close-knit, self-described “funky” urban village.
Beginning in the 1870s this area saw a period of rapid growth, fueled by the large number of German immigrants who helped to establish the character of the neighborhood. As Virginia Avenue began to emerge as the community’s commercial corridor a large number of new businesses and services opened, including the Fountain Square State Bank, a post office, grocery stores, Wiese-Wenzel Pharmacy, the Sommer-Roempke Bakery, a hardware store and much more. The neighborhood also played a part in the heritage of Indianapolis theater, with more operating theaters than any other community in Indianapolis from 1910 to 1950.
Today, Fountain Square thrives with a fresh crop of restaurants, businesses, recreational facilities and public spaces. The area is attracting a wave of trendy young families who want room for children in an established neighborhood close to jobs and culture in the city.
The signature fountain is back, as is the Fountain Square Theatre Building on Shelby Street. Built in 1928, it originally housed an elaborate movie theater, a basement ballroom complete with speakeasy, and commercial space. The theater closed in 1960, and was later gutted to accommodate a Woolworth’s store. Restoration began in 1993, and today, the building once again offers entertainment in the restored theatre, along with duckpin bowling in two vintage alleys, overnight accommodations, independent shops, an original 1950s soda fountain and a contemporary cafe. On summer evenings, rooftop dining offers a spectacular view of the Indianapolis skyline.
Popular restaurants in this community include Santorini Greek Kitchen; the Peppy Grill, a neighborhood institution; Iaria’s Italian Restaurant, serving Italian favorites for more than 70 years; Siam Square, the only Thai restaurant in the downtown Indianapolis area; and Smokehouse on Shelby.
Top Budget-Friendly Neighborhoods in Indianapolis
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Arthur Browns Arlington Manor 625 Sq Ft $754/mo
- Forest Manor 650 Sq Ft $755/mo
- Estates at Crystal Bay 681 Sq Ft $794/mo
- Pinnacle Square 686 Sq Ft $819/mo
- Eastside 631 Sq Ft $853/mo
- Washington Meadows 718 Sq Ft $873/mo
- Arlington Woods 771 Sq Ft $876/mo
- Bates-Hendricks 636 Sq Ft $886/mo
- Southdale 654 Sq Ft $892/mo
- Boulevard Park 718 Sq Ft $899/mo
Average Rent in Nearby Cities
(For 1 bedroom apartments)- Cities Average Rent
- Indianapolis $1,301/mo
- Carmel $1,626/mo
- Greenwood $1,269/mo
- New Palestine $1,122/mo
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
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Best Value
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Rent Specials
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Note: Based on community-supplied data and independent market research. Subject to change without notice.