Cheap Apartments for Rent in the East Warren Neighborhood of Indianapolis, IN from $300 (15 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the East Warren area of Indianapolis.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

close
View Me
Atrium Village
2 Bedroom Apartments

Atrium Village

2636 N Mitthoeffer RdIndianapolis, IN 46229
close
View Me
Braeburn Village
2 to 3 Bedroom Apartments

Braeburn Village

2170 Braeburn East DrIndianapolis, IN 46219
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

East Warren, Indianapolis, IN Local Guide

Cheapest Available East Warren Apartments for Rent

 

The cheapest available apartment rental in the East Warren area of Indianapolis, IN is a 1 Bed unit found at Serenity Park Apartments priced from $769. Olivewood has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here are the most affordable East Warren apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$769
OlivewoodStudioStudio,1BA$825
Kingston Square ApartmentsThe AshStudio,1BA$879
Lake Marina Apartments1 Bedroom Townhouse1BR,1BA$899
Parkhaven Apartments1 Bedroom 1 Bath Apartment1BR,1BA$949

Best Value Apartments for Rent in East Warren, IN

As of June 13, 2025 the best value apartment in the East Warren area is the $1.15 price per square foot Three Bedroom Two Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,539. The second greatest value East Warren apartment is the 3 Bed 2 Bath Model at The Life at Belhaven Place starting at $1,387 with a $1.18 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for East Warren apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Paragon ParkThree Bedroom Two Bath3BR,2BA$1.15
The Life at Belhaven Place3 Bed 2 Bath3BR,2BA$1.18
Knoll Ridge Townhomes & Apartments2 Bedroom Deluxe2BR,1BA$1.47
Warren Harbor ApartmentsThe Walker2BR,2BA$1.42
Braeburn Village2X1-502BR,1BA$1.19
Cumberland ManorCumberland Manor - Newly Renovated 1 Bed/1 Bath...1BR,1BA$1.52
Lake Marina Apartments1 Bedroom Townhouse1BR,1BA$1.40
Country Lake EstatesThe Bungalow1BR,1BA$1.64
Parkhaven Apartments1 Bedroom 1 Bath Apartment1BR,1BA$1.52
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$1.29

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
East Warren, Indianapolis, IN

Ranked #141

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the East Warren Neighborhood in Indianapolis, IN

Walk Score®

48 / 100

Car-Dependent

Most errands require a car

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

34 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap East Warren Apartments

What is a cheap apartment in East Warren?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Warren is under $1,050.

What is the price of a cheap apartment in East Warren?

The cheapest apartment in East Warren is Serenity Park Apartments which is listed at $769, while the average apartment in East Warren costs $1,780.

What types of apartments are the cheapest in East Warren?

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 8 regular apartments in East Warren 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 East Warren?

Cheap apartments in East Warren have an average cost of $390 which is $1,390 cheaper than the average rent for all rentals in East Warren.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.