Apartments for Rent in Near Southeast
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Good Value1 BED$1,369+2 BEDS$1,661+
Mozzo apartments
531 Virginia Ave, Indianapolis, IN 46203 -
Rent Special|
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Rent Special|STUDIO$1,277+1 BED$1,449+2 BEDS$1,779+3 BEDS$2,202+
Pinnex
931 Fletcher Ave, Indianapolis, IN 46203 -
Rent Special|1 BED$1,590+2 BEDS$2,240+
Slate Apartments
501 Virginia Ave, Indianapolis, IN 46203 -
Rent SpecialSTUDIO$1,775+1 BED$1,360+2 BEDS$2,160+
The Leo
748 Bates St, Indianapolis, IN 46202 -
Rent SpecialSTUDIO$1,122+1 BED$1,409+2 BEDS$2,193+Edge 35
1224 Prospect St, Indianapolis, IN 46203 -
Looking For Cheaper Options?Explore the Best Affordable Neighborhoods in Indianapolis
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1 Month Free
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2 Months FreeSTUDIO$1,235+1 BED$1,485+2 BEDS$2,550+
Union Square
1233 Shelby St, Indianapolis, IN 46203 -
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Good ValueSTUDIO$1,340+1 BED$1,490+2 BEDS$1,940+
Forte Apartments
1140 Shelby St, Indianapolis, IN 46203 -
Rent SpecialTotal Monthly Price Total Monthly Price New2 BEDS, 1 BATH$2,149Base Rent$2,149Required Monthly FeesNoneTotal Monthly Price$2,149
1613 Fletcher Ave
1613 Fletcher Ave, Indianapolis, IN 46203 -
Rent SpecialTotal 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 -
Discounts2 BEDS$899Dawson Village
2469 Dawson St, Indianapolis, IN 46203 -
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Total Monthly Price Total Monthly Price New3 BEDS, 2 BATHS$3,203Base Rent$3,203Required Monthly FeesNoneTotal Monthly Price$3,203
49 S Lasalle St Unit SI ID1540092P
49 S Lasalle St, Indianapolis, IN 46201 -
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Total Monthly Price Total Monthly Price New3 BEDS, 2 BATHS$2,200Base Rent$2,200Required Monthly FeesNoneTotal Monthly Price$2,2001920 S Woodlawn Ave
1920 S Woodlawn Ave, Indianapolis, IN 46203 -
3 BEDS, 1 BATH$1,6501142 S Keystone Ave
1142 S Keystone Ave, Indianapolis, IN 46203 -
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Total Monthly Price Total Monthly Price New5 BEDS, 6 BATHS$15,395Base Rent$15,395Required Monthly FeesNoneTotal Monthly Price$15,3951409 Linden St Unit SI ID1028898P
1409 Linden St, Indianapolis, IN 46203 -
3 BEDS, 2 BATHS$1,6051825 Keystone Lakes Dr
1825 Keystone Lakes Dr, Indianapolis, IN 46237 -
Total Monthly Price Total Monthly Price New2 BEDS, 2 BATHS$3,205Base Rent$3,205Required Monthly FeesNoneTotal Monthly Price$3,205
1118 Spruce St Unit SI ID1515751P
1118 Spruce St, Indianapolis, IN 46203 -
Total Monthly Price Total Monthly Price New2 BEDS, 2 BATHS$4,914Base Rent$4,914Required Monthly FeesNoneTotal Monthly Price$4,914
1121 Laurel St Unit SI ID1515752P
1121 Laurel St, Indianapolis, IN 46203 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$4,201Base Rent$4,201Required Monthly FeesNoneTotal Monthly Price$4,2011125 Spruce St Unit SI ID1515754P
1125 Spruce St, Indianapolis, IN 46203 -
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Total Monthly Price Total Monthly Price New2 BEDS, 2 BATHS$4,058Base Rent$4,058Required Monthly FeesNoneTotal Monthly Price$4,058
1420 Prospect St Unit SI ID1515750P
1420 Prospect St, Indianapolis, IN 46203 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$3,307Base Rent$3,307Required Monthly FeesNoneTotal Monthly Price$3,307
1443 Prospect St Unit SI ID1515753P
1443 Prospect St, Indianapolis, IN 46203
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
- Bates-Hendricks 667 Sq Ft $898/mo
- Southdale 651 Sq Ft $901/mo
- Arlington Woods 728 Sq Ft $908/mo
- Devington 714 Sq Ft $931/mo
- Crooked Creek 743 Sq Ft $934/mo
- Cumberland 659 Sq Ft $959/mo
- East Warren 646 Sq Ft $959/mo
- Edgewood 708 Sq Ft $961/mo
- Far Eastside 659 Sq Ft $971/mo
- University Heights 684 Sq Ft $982/mo
Average Rent in Nearby Cities
(For 1 bedroom apartments)- Cities Average Rent
- Indianapolis $1,323/mo
- Southport $315/mo
- Carmel $1,682/mo
- Greenwood $1,275/mo
- Avon $913/mo
- New Palestine $1,145/mo
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
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Note: Based on community-supplied data and independent market research. Subject to change without notice.