Cheap Apartments for Rent in the Eastside Neighborhood of Indianapolis, IN from $300 (16 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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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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.

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Emerson Place
1 to 3 Bedroom Apartments

Emerson Place

2110 Emerson Knoll PlIndianapolis, IN 46218
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Butler Place
Studio to 1 Bedroom Apartments

Butler Place

5230 E Washington StIndianapolis, IN 46219

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

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Helen Louise Apartments
1 Bedroom Apartments

Helen Louise Apartments

5822 E Washington StIndianapolis, IN 46219
  • Utilities Included
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East Ridge
1 to 3 Bedroom Apartments

East Ridge

2302 N Ritter AveIndianapolis, IN 46218

Cheapest Available Eastside Apartments for Rent

 

The cheapest available apartment rental in the Eastside area of Indianapolis, IN is a 2 Beds unit found at Courts Apartments priced from $700. The Aerie on 11th Street has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here are the most affordable Eastside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Courts Apartments2 Bedroom 1 Bathroom Apartment2BR,1BA$700
The Aerie on 11th Street6260 East 11th Street - Apt 3072BR,1BA$700
OlivewoodStudioStudio,1BA$825
Indy Town ApartmentsArlington Green 2 bedroom2BR,1BA$863
50 - SAXONY COURT APARTMENTSSaxony 2 Bd Standard2BR,1BA$875

Best Value Apartments for Rent in Eastside, IN

As of June 13, 2025 the best value apartment in the Eastside 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 Eastside apartment is the 7302 East Washington Street Model at 7302 East Washington Street, Unit A starting at $1,250 with a $1.04 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 ParkThree Bedroom Two Bath3BR,2BA$1.15
7302 East Washington Street, Unit A7302 East Washington StreetStudio ,1.5BA$1.04
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 Bedroom Townhome2BR,1BA$0.84
60 - ADDISON APARTMENTS1st Floor Remodel + W/D Hookups2BR,1BA$0.95
Apartments @ Marten Court2x1 with washer/dryer2BR,1BA$1.23
Frederick SquareFrederick Square 2 bedroom2BR,1BA$1.14
Vistas Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1.03
The Aerie on 11th Street6260 East 11th Street - Apt 3052BR,1BA$0.82
Greenway ApartmentsGreenway 2 bedroom2BR,1BA$1.11
50 - SAXONY COURT APARTMENTSSaxony 2 Bd Standard2BR,1BA$1.18

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

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 $941.

What is the price of a cheap apartment in Eastside?

The cheapest apartment in Eastside is Courts Apartments which is listed at $750, while the average apartment in Eastside costs $1,900.

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 14 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 $235 which is $1,665 cheaper than the average rent for all rentals in Eastside.

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.

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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.

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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.

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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.

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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.