Cheap Apartments for Rent in the Eastside Neighborhood of Indianapolis, IN from $400 (65 Rentals)

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

property at 3165 Station St

$699 - $749

Studio To 3 Bedroom Rentals

Available Now

3165 Station St

IndianapolisIN46218

Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

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property at 5241 E 9th St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

3 Bedroom, 1 Bath Home for Rent

Available Aug 1

5241 E 9th St

IndianapolisIN46219

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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SUITES OF IRVINGTON
Studio to 2 Bedroom Apartments

SUITES OF IRVINGTON

5730 E Washington StIndianapolis, IN 46219
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Emerson Place
1 to 3 Bedroom Apartments

Emerson Place

2110 Emerson Knoll PlIndianapolis, IN 46218
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East Ridge
1 to 3 Bedroom Apartments

East Ridge

2302 N Ritter AveIndianapolis, IN 46218

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Ritter Apartments
Studio to 2 Bedroom Apartments

Ritter Apartments

1708 N Ritter AveIndianapolis, IN 46218
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The Wash Apartments
1 to 3 Bedroom Apartments

The Wash Apartments

4741 E Washington StIndianapolis, IN 46201
  • Utilities Included
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1745 N Ritter Ave
1 Bedroom Apartments

1745 N Ritter Ave

1745 N Ritter AveIndianapolis, IN 46218

Eastside - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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Colonial Park
1 to 2 Bedroom Apartments

Colonial Park

4421 E Washington StIndianapolis, IN 46201
  • Utilities Included
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Minnie Hartman
1 to 2 Bedroom Apartments

Minnie Hartman

3734 E Vermont StIndianapolis, IN 46201
Senior Living
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Saxony Court
1 to 2 Bedroom Apartments

Saxony Court

29-49 S Audubon RdIndianapolis, IN 46219
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Linwood Manor
1 Bedroom Apartments

Linwood Manor

4509 E Washington StIndianapolis, IN 46201
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 2

Eastside, Indianapolis, IN Local Guide

Cheapest Available Eastside Apartments for Rent

 

The cheapest available apartment rental in the Eastside area of Indianapolis, IN is a Studio unit found at D&T Nest priced from $595. Serenity Manor 55+ Independent Active Living has the second lowest priced unit, which is a Studio apartment currently listed from $659. Here are the most affordable Eastside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
D&T Nest0 Bedroom 1 Bath - 56981Studio,1BA$595
Serenity Manor 55+ Independent Active LivingStudioStudio,1BA$659
OlivewoodStudioStudio,1BA$750
Kingston Square ApartmentsThe AshStudio,1BA$799
Arlington Green (Indy Town)Arlington Green 2 bedroom2BR,1BA$836
Saxony CourtSaxony 2 Bd Standard2BR,1BA$889
The Courts Apartment Homes2x1 Classic2BR,1BA$949
Eastgate Terrace Apartments1 Bed Elegance1BR,1BA$950
60 - ADDISON APARTMENTSAddison Apts - Gorgeous 2 Bed/1 Bath Apt2BR,1BA$959
The Vistas Apartment Homes2x1.5 Townhome Classic2BR,1BA$1,039

Best Value Apartments for Rent in Eastside, IN

As of July 28, 2026 the best value apartment in the Eastside area is the $1.04 price per square foot The Mansion - Three Bedroom Two Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,399. The second greatest value Eastside apartment is the F Model at School 85 starting at $1,610 with a $1.24 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Paragon ParkThe Mansion - Three Bedroom Two Bath3BR,2BA$1.04
School 85F2BR,2BA$1.24
7302 East Washington Street, Unit A7302 East Washington StreetStudio ,1.5BA$1.04
60 - ADDISON APARTMENTSAddison Apts - Gorgeous 2 Bed/1 Bath Apt2BR,1BA$0.96
The Vistas Apartment Homes2x1.5 Townhome Renovated2BR,1.5BA$1.37
Eastgate Terrace Apartments2 Bed Elegance2BR,1BA$1.37
The Courts Apartment Homes2x1 Classic2BR,1BA$1.22
Saxony CourtSaxony 2 Bd Remodel2BR,1BA$1.30
Arlington Green (Indy Town)Arlington Green 2 bedroom2BR,1BA$1.22
Serenity Manor 55+ Independent Active LivingStudioStudio ,1BA$1.10

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.

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Your 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

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
Eastside, Indianapolis, IN

Ranked #231

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 $1,039.

What is the price of a cheap apartment in Eastside?

The cheapest apartment in Eastside is Serenity Manor 55+ Independent Active Living which is listed at $755, while the average apartment in Eastside costs $1,705.

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 5 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 $255 which is $1,450 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

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Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Written by: Wendy Melton

Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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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.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

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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.

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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.