
Cheap Apartments for Rent in the Far Eastside Neighborhood of Indianapolis, IN from $400 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Far Eastside area of Indianapolis.


Olivewood

Serenity Manor 55+ Independent Active Living

Autumn Trails Apartments

Elmtree Park

Serenity Park Apartments
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Harrison Point Apartments

Bavarian Village Apartments

Spanish Oaks

Canterbury House Apartments - Franklin Road
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The Jeffersonian Apartments Of Indianapolis

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6228 East 21st St

6226 East 21st St
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Far Eastside, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Far Eastside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Far Eastside Studio Apartments | $821 | $699 | $1,250 |
| Far Eastside 1 Bedroom Apartments | $1,123 | $769 | $2,064 |
| Far Eastside 2 Bedroom Apartments | $1,310 | $899 | $2,817 |
| Far Eastside 3 Bedroom Apartments | $1,591 | $1,170 | $2,871 |
| Far Eastside 4 Bedroom Apartments | $1,562 | $1,320 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Far Eastside Neighborhood of Indianapolis, IN.
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Far Eastside, Indianapolis, IN Local Guide
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Cheapest Available Far Eastside Apartments for Rent
 The cheapest available apartment rental in the Far Eastside area of Indianapolis, IN is a Studio unit found at Willowood East priced from $699. Olivewood has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Far Eastside apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Willowood East | Studio | Studio,1BA | $699 |
| Olivewood | Studio | Studio,1BA | $699 |
| Serenity Manor 55+ Independent Active Living | Studio | Studio,1BA | $715 |
| Franklin Studios | Studio | Studio,1BA | $725 |
| Autumn Trails Apartments | The Maple | Studio,1BA | $749 |
Best Value Apartments for Rent in Far Eastside, IN
As of November 17, 2025 the best value apartment in the Far Eastside area is the $1.12 price per square foot Three Bedroom Two Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,499. The second greatest value Far 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 Far Eastside apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Paragon Park | Three Bedroom Two Bath | 3BR,2BA | $1.12 |
| 7302 East Washington Street, Unit A | 7302 East Washington Street | Studio ,1.5BA | $1.04 |
| Brookhaven Apartments | 2 Bed 1 Bath | 2BR,1BA | $0.89 |
| The Lenox Apartment Homes | 2 Bed 2 Bath Apartment - Renovated | 2BR,2BA | $1.03 |
| 60 - ADDISON APARTMENTS | 1st Floor Standard | 2BR,1BA | $0.95 |
| Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.15 |
| Lawrence Landing | One Bedroom | 1BR,1BA | $1.10 |
| Bristol Square | 1 Bedroom Loft | 1BR,1.5BA | $1.06 |
| Timber Point Apartments | The Ayers | 1BR,1BA | $1.15 |
| Serenity Manor 55+ Independent Active Living | 1 Bedroom/1 Bathroom | 1BR,1BA | $1.22 |
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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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.
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Far Eastside, Indianapolis, and the greater Indianapolis area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Far Eastside Neighborhood in Indianapolis, IN
Walk Score®
36 / 100
Car-Dependent
Most errands require a car
Bike Score®
39 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
28 / 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 Far Eastside Apartments
What is a cheap apartment in Far Eastside?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Far Eastside is under $829.
What is the price of a cheap apartment in Far Eastside?
The cheapest apartment in Far Eastside is Serenity Park Apartments which is listed at $769, while the average apartment in Far Eastside costs $1,585.
What types of apartments are the cheapest in Far 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 37 regular apartments in Far 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 Far Eastside?
Cheap apartments in Far Eastside have an average cost of $363 which is $1,222 cheaper than the average rent for all rentals in Far 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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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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The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.








