Cheap Apartments for Rent in the Far Eastside Neighborhood of Indianapolis, IN from $400 (80 Rentals)

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

property at 5013 N Kitley Ave

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650
Total Monthly Price
$650

1 Bedroom, 1.5 Bath Home for Rent

Available Now

5013 N Kitley Ave

IndianapolisIN46226

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Cavalier Court
1 to 3 Bedroom Apartments

Cavalier Court

9108 E 38th PlIndianapolis, IN 46235
  • Utilities Included
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Peppermill Farms
1 to 2 Bedroom Apartments

Peppermill Farms

6830 Mill View 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 1 Bed unit found at Serenity Manor 55+ Independent Active Living priced from $699. Elmtree Park has the second lowest priced unit, which is a Studio apartment currently listed from $705. Here are the most affordable Far Eastside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Serenity Manor 55+ Independent Active Living1 Bedroom/1 Bathroom1BR,1BA$699
Elmtree ParkStudio 1 BathStudio,1BA$705
Franklin StudiosStudioStudio,1BA$725
Spanish OaksStudioStudio,1BA$775
Serenity Park ApartmentsSTOP SCROLLING — SERENITY PARK IS UNDER NEW MAN...1BR,1BA$794
Kingston Square ApartmentsThe AshStudio,1BA$799
OlivewoodStudioStudio,1BA$800
Willowood EastStudioStudio,1BA$820
Postbrook East Apartments1bd F1BR,1BA$820
Timber Point ApartmentsThe Ayers1BR,1BA$830

Best Value Apartments for Rent in Far Eastside, IN

As of May 31, 2026 the best value apartment in the Far Eastside area is the $1.08 price per square foot The Mansion - Three Bedroom Two Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,449. The second greatest value Far Eastside apartment is the 2 BR / 1.5 BA Model at Shadeland Terrace Townhomes w/Full Basements starting at $1,395 with a $1.07 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.
Paragon ParkThe Mansion - Three Bedroom Two Bath3BR,2BA$1.08
Shadeland Terrace Townhomes w/Full Basements2 BR / 1.5 BA2BR,1.5BA$1.07
7302 East Washington Street, Unit A7302 East Washington StreetStudio ,1.5BA$1.04
Brookhaven Apartments2 Bed 1 Bath2BR,1BA$0.89
Postbrook East Apartments3 bd F Remod3BR,1BA$1.07
60 - ADDISON APARTMENTSAddison Apts - Gorgeous 2 Bed/1 Bath Apt2BR,1BA$0.96
Lawrence LandingOne Bedroom1BR,1BA$1.10
Bristol Square1 Bedroom Loft1BR,1.5BA$1.13
Timber Point ApartmentsThe Ayers1BR,1BA$1.14
Serenity Manor 55+ Independent Active LivingStudioStudio ,1BA$1.19

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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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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 the Cheapest Studio apartment in Far Eastside?

Currently the most affordable Cheap Studio Apartment in Far Eastside is at Elmtree Park listed at $705.

How much is rent for a Cheap One Bedroom Far Eastside Apartment?

The lowest price for a Cheap One Bedroom Far Eastside Apartment is $699 at Serenity Manor 55+ Independent Active Living.

What is the lowest price for a Cheap Two Bedroom Far Eastside Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Far Eastside is starting from $925 at Maison Gardens Apartments.

What is the most affordable Far Eastside Three Bedroom Apartment?

The best deal on a cheap Far Eastside Three Bedroom Apartment rental is at Maison Gardens Apartments and starts from $870.

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.

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