
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.


Olivewood
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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 | $909 | $699 | $1,250 |
| Eastside 1 Bedroom Apartments | $944 | $775 | $1,500 |
| Eastside 2 Bedroom Apartments | $1,026 | $695 | $1,499 |
| Eastside 3 Bedroom Apartments | $1,297 | $1,095 | $1,599 |
| Eastside 4 Bedroom Apartments | $1,425 | $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.
See all Apartments in IndianapolisExplore Indianapolis
Cheapest Available Eastside Apartments for Rent
 The cheapest available apartment rental in the Eastside area of Indianapolis, IN is a Studio unit found at Olivewood priced from $699. Serenity Manor 55+ Independent Active Living has the second lowest priced unit, which is a Studio apartment currently listed from $715. Here are the most affordable Eastside apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Olivewood | Studio | Studio,1BA | $699 |
| Serenity Manor 55+ Independent Active Living | Studio | Studio,1BA | $715 |
| The Aerie on 11th Street | 2 Bedroom 1 Bath - 20349 | 2BR,1BA | $775 |
Best Value Apartments for Rent in Eastside, IN
As of December 15, 2025 the best value apartment in the Eastside area is the $0.74 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 $998. The second greatest value Eastside apartment is the 1205 N Grant Ave Model at 1205 N Grant Ave starting at $1,400 with a $1.12 price per square foot in the Martindale 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 | $0.74 |
| 1205 N Grant Ave | 1205 N Grant Ave | 2BR,1.5BA | $1.12 |
| Paragon Park | Two Bedroom 1.5 Bath | 2BR,1.5BA | $0.98 |
| 7302 East Washington Street, Unit A | 7302 East Washington Street | Studio ,1.5BA | $1.04 |
| 60 - ADDISON APARTMENTS | Leasing Specials | 2BR,1BA | $0.95 |
| The Vistas Apartment Homes | 2 Bedroom 1.5 Bath Townhouse - 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 | $1.13 |
| 50 - SAXONY COURT APARTMENTS | Saxony Court- Two Bedroom Upgraded Unit in the ... | 2BR,1BA | $1.15 |
| Frederick Square | Frederick Square 1 bedroom | 1BR,1BA | $1.14 |
Getting Around the Eastside Neighborhood in Indianapolis, IN
Walk Score®
48 / 100
Car-Dependent
Most errands require a car
Bike Score®
43 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
35 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $889.
What is the price of a cheap apartment in Eastside?
The cheapest apartment in Eastside is Indy Town Apartments which is listed at $795, while the average apartment in Eastside costs $1,297.
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 16 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 $222 which is $1,075 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.
Articles, How-To's, and Tips

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
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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.

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!







