Cheap Apartments for Rent in the Far Eastside Neighborhood of Indianapolis, IN from $400 (91 Rentals)

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

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M Club Apartments
$789 - $1,947
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$789 - $1,947
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Studio to 2 Bedroom Apartments Available Now

M Club Apartments

7007 Courthouse DrIndianapolis, IN 46226
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Far Eastside, Indianapolis, IN Local Guide

Cheapest Available Far Eastside Apartments for Rent

 

The cheapest available apartment rental in the Far Eastside area of Indianapolis, IN is a 2 Beds unit found at Postbrook East Apartments priced from $485. 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 Far Eastside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Postbrook East Apartments2bd F2BR,1BA$485
Serenity Manor 55+ Independent Active LivingStudioStudio,1BA$715
Spanish OaksStudioStudio,1BA$725
Franklin StudiosStudioStudio,1BA$725
Peppermill Farms1BR1BR,1BA$735
Autumn Trails ApartmentsThe MapleStudio,1BA$749
Maison Gardens Apartments1BD Partial R1BR,1BA$770
Willowood EastStudioStudio,1BA$775
The Vineyards Apartment HomesStudio ClassicStudio,1BA$799
Kingston Square ApartmentsThe AshStudio,1BA$799

Best Value Apartments for Rent in Far Eastside, IN

As of April 15, 2026 the best value apartment in the Far Eastside area is the $1.07 price per square foot 2 BR / 1.5 BA Model at Shadeland Terrace Townhomes w/Full Basements in the in the Southeast Indianapolis neighborhood starting from $1,395. The second greatest value Far Eastside apartment is the The Estate - Two Bedroom 1.5 Bath Model at Paragon Park starting at $1,209 with a $0.99 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Shadeland Terrace Townhomes w/Full Basements2 BR / 1.5 BA2BR,1.5BA$1.07
Paragon ParkThe Estate - Two Bedroom 1.5 Bath2BR,1.5BA$0.99
7302 East Washington Street, Unit A7302 East Washington StreetStudio ,1.5BA$1.04
Brookhaven Apartments2 Bed 1 Bath2BR,1BA$0.91
Apartments @ Marten Court2x1 with washer/dryer2BR,1BA$1.23
The Life at Belhaven Place2 Bed 2 Bath2BR,2BA$1.25
Lawrence LandingOne Bedroom1BR,1BA$1.12
Bristol Square1 Bedroom Loft1BR,1.5BA$1.13
Postbrook East Apartments1bd F1BR,1BA$1.03
Serenity Manor 55+ Independent Active LivingStudioStudio ,1BA$1.19

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

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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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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!

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 $799.

What is the price of a cheap apartment in Far Eastside?

The cheapest apartment in Far Eastside is Peppermill Farms which is listed at $735, while the average apartment in Far Eastside costs $1,600.

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 43 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 $379 which is $1,221 cheaper than the average rent for all rentals in Far 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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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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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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