
Cheap Apartments for Rent in the Eastside Neighborhood of Indianapolis, IN from $300 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Eastside area of Indianapolis.


618 N Euclid Ave

5332 E Washington St

Colonial Park

SUITES OF IRVINGTON
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Arlington Terrace Apartments

Emerson Place

Historic Audubon Court

East Ridge

Sunstone at Arlington Woods
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Eastside, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Eastside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Eastside Studio Apartments | $929 | $715 | $1,250 |
| Eastside 1 Bedroom Apartments | $862 | $539 | $1,159 |
| Eastside 2 Bedroom Apartments | $1,000 | $648 | $1,499 |
| Eastside 3 Bedroom Apartments | $1,353 | $1,075 | $1,599 |
| Eastside 4 Bedroom Apartments | $1,312 | $925 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Eastside Neighborhood of Indianapolis, IN.
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Eastside, Indianapolis, IN Local Guide
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Cheapest Available Eastside Apartments for Rent
 The cheapest available apartment rental in the Eastside area of Indianapolis, IN is a Studio unit found at Serenity Manor 55+ Independent Active Living priced from $715. The Aerie on 11th Street has the second lowest priced unit, which is a 2 Beds apartment currently listed from $775. Here are the most affordable Eastside apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Serenity Manor 55+ Independent Active Living | Studio | Studio,1BA | $715 |
| The Aerie on 11th Street | 2 Bedroom 1 Bath - 33179 | 2BR,1BA | $775 |
| Frederick Square | Frederick Square 1 bedroom | 1BR,1BA | $781 |
Best Value Apartments for Rent in Eastside, IN
As of January 20, 2026 the best value apartment in the Eastside area is the $0.71 price per square foot Glen Ridge 2 bedroom Flat Model at Glen Ridge Manor Townhomes and Flats (Indy Town) in the in the Martindale neighborhood starting from $945. The second greatest value Eastside apartment is the The Estate - Two Bedroom 1.5 Bath Model at Paragon Park starting at $1,249 with a $1.02 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Eastside apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Glen Ridge Manor Townhomes and Flats (Indy Town) | Glen Ridge 2 bedroom Flat | 2BR,1BA | $0.71 |
| Paragon Park | The Estate - Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.02 |
| 7302 East Washington Street, Unit A | 7302 East Washington Street | Studio ,1.5BA | $1.04 |
| The Vistas Apartment Homes | 2x1,5 Townhome Classic | 2BR,1.5BA | $1.10 |
| The Aerie on 11th Street | 2 Bedroom 1 Bath - 20349 | 2BR,1BA | $0.87 |
| The Courts Apartment Homes | 2x1 Classic | 2BR,1BA | $1.15 |
| Frederick Square | Frederick Square 1 bedroom | 1BR,1BA | $1.09 |
| Serenity Manor 55+ Independent Active Living | 1 Bedroom/1 Bathroom | 1BR,1BA | $1.22 |
| Greenway Apartments | Greenway 1 bedroom | 1BR,1BA | $1.20 |
| Indy Town Apartments | Greenway 1 bedroom | 1BR,1BA | $1.20 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleQuick 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.
Pet Friendly LifestyleEastside, Indianapolis, IN
Ranked #220
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Eastside Apartments
What is a cheap apartment in Eastside?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Eastside is under $955.
What is the price of a cheap apartment in Eastside?
The cheapest apartment in Eastside is Frederick Square which is listed at $762, while the average apartment in Eastside costs $1,349.
What types of apartments are the cheapest in Eastside?
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 15 regular apartments in Eastside 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 Eastside?
Cheap apartments in Eastside have an average cost of $340 which is $1,009 cheaper than the average rent for all rentals in Eastside.
Expert Rental Resources
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.
Helpful Local Expert Guides

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!