Apartments for Rent in Near Southeast
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Rent Special|1 BED$1,129+2 BEDS$1,668+3 BEDS$2,198+
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Rent Special|STUDIO$1,440+1 BED$1,640+2 BEDS$2,190+
Slate Apartments
501 Virginia Ave, Indianapolis, IN 46203 -
Rent Special|
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Price Drop. $204 Off|STUDIO$1,277+1 BED$1,419+2 BEDS$1,701+3 BEDS$2,202+
Pinnex
931 Fletcher Ave, Indianapolis, IN 46203 -
Good ValueSTUDIO$1,249+1 BED$1,349+
Mozzo apartments
531 Virginia Ave, Indianapolis, IN 46203 -
Price Drop. $305 OffSTUDIO$1,305+1 BED$1,530+2 BEDS$1,890+
The Leo
748 Bates St, Indianapolis, IN 46202 -
Rent SpecialSTUDIO$1,032+1 BED$1,405+2 BEDS$2,244+Edge 35
1224 Prospect St, Indianapolis, IN 46203 -
Looking For Cheaper Options?Explore the Best Affordable Neighborhoods in Indianapolis
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Price Drop. $230 OffSTUDIO$1,315+1 BED$1,525+2 BEDS$2,400+
Union Square
1233 Shelby St, Indianapolis, IN 46203 -
1 Month Free
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Good ValueSTUDIO$1,090+1 BED$1,520+2 BEDS$2,040+
Forte Apartments
1140 Shelby St, Indianapolis, IN 46203 -
Rent SpecialTotal Monthly Price Total Monthly Price New3 BEDS, 2 BATHS$2,275Base Rent$2,275Required Monthly FeesNoneTotal Monthly Price$2,275
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$919Welcome to Dawson Village – Welcome Home!
2469 Dawson St, Indianapolis, IN 46203 -
1 BED$850+2 BEDS$980+
Colonial Park
4421 E Washington St, Indianapolis, IN 46201 -
1 BED$25
Spruce Manor Apartments
1840 Perkins Ave, Indianapolis, IN 46203 -
1 BED$1,575
Five Twenty Virginia
520 Virginia Ave, Indianapolis, IN 46203 -
2 BEDS, 1 BATH$1,0003012 E Minnesota St
3012 E Minnesota St, Indianapolis, IN 46203 -
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2 BEDS, 2.5 BATHS$2,200
2015 Southeastern Ave
2015 Southeastern Ave, Indianapolis, IN 46201 -
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Total Monthly Price Total Monthly Price New5 BEDS, 4 BATHS$14,867Base Rent$14,867Required Monthly FeesNoneTotal Monthly Price$14,867
1123 Olive St Unit SI ID1303765P
1123 Olive St, Indianapolis, IN 46203 -
Total Monthly Price Total Monthly Price New4 BEDS, 3.5 BATHS$6,637Base Rent$6,637Required Monthly FeesNoneTotal Monthly Price$6,6371205 Cottage Ave Unit SI FL2-ID1372938P
1205 Cottage Ave, Indianapolis, IN 46203 -
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Total Monthly Price Total Monthly Price New2 BEDS, 2 BATHS$5,051Base Rent$5,051Required Monthly FeesNoneTotal Monthly Price$5,0511121 Laurel St Unit SI ID1515752P
1121 Laurel St, Indianapolis, IN 46203 -
Total Monthly Price Total Monthly Price New5 BEDS, 6 BATHS$13,090Base Rent$13,090Required Monthly FeesNoneTotal Monthly Price$13,090
1409 Linden St Unit SI ID1028898P
1409 Linden St, Indianapolis, IN 46203 -
Total Monthly Price Total Monthly Price New3 BEDS, 3 BATHS$5,904Base Rent$5,904Required Monthly FeesNoneTotal Monthly Price$5,9041301 Ringgold Ave Unit SI ID1303750P
1301 Ringgold Ave, Indianapolis, IN 46203 -
Total Monthly Price Total Monthly Price New2 BEDS, 2 BATHS$5,181Base Rent$5,181Required Monthly FeesNoneTotal Monthly Price$5,1811420 Prospect St Unit SI ID1515750P
1420 Prospect St, Indianapolis, IN 46203 -
Total Monthly Price Total Monthly Price New2 BEDS, 2 BATHS$5,387Base Rent$5,387Required Monthly FeesNoneTotal Monthly Price$5,3871118 Spruce St Unit SI ID1515751P
1118 Spruce St, Indianapolis, IN 46203 -
4 BEDS, 2 BATHS$1,8503219 Keystone Lakes Way
3219 Keystone Lakes Way, Indianapolis, IN 46237 -
4 BEDS, 2 BATHS$1,9301921 S Werges Ave
1921 S Werges Ave, Indianapolis, IN 46237 -
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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
- University Heights 672 Sq Ft $790/mo
- Park 100 523 Sq Ft $858/mo
- Devington 756 Sq Ft $895/mo
- Eastbrooke Meadows 546 Sq Ft $927/mo
- Bates-Hendricks 652 Sq Ft $936/mo
- Crooked Creek 731 Sq Ft $944/mo
- Southdale 649 Sq Ft $955/mo
- Near Eastside 1,147 Sq Ft $964/mo
- Far Eastside 646 Sq Ft $974/mo
- Snacks Guion Creek 681 Sq Ft $977/mo
Average Rent in Nearby Cities
(For 1 bedroom apartments)- Cities Average Rent
- Indianapolis $1,311/mo
- Southport $325/mo
- Carmel $1,674/mo
- Greenwood $1,278/mo
- Avon $913/mo
- New Palestine $1,254/mo
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
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Price Drop
Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
Best Value
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
Rent Specials
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Note: Based on community-supplied data and independent market research. Subject to change without notice.