
Cheap Apartments for Rent in the Far Eastside Neighborhood of Indianapolis, IN from $400 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Far Eastside area of Indianapolis.


Serenity Manor 55+ Independent Active Living

Autumn Trails Apartments

Spanish Oaks

Elmtree Park

Serenity Park Apartments
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Canterbury House Apartments - Franklin Road

The Jeffersonian Apartments Of Indianapolis
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6228 East 21st St

6226 East 21st St

Bavarian Village Apartments
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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 | $843 | $699 | $1,250 |
| Far Eastside 1 Bedroom Apartments | $1,130 | $769 | $2,090 |
| Far Eastside 2 Bedroom Apartments | $1,313 | $899 | $2,792 |
| Far Eastside 3 Bedroom Apartments | $1,542 | $1,170 | $2,460 |
| Far Eastside 4 Bedroom Apartments | $1,487 | $975 | $1,900 |
Browse Apartments in this Neighborhood
There are currently 21 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 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 Far 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 |
| Franklin Studios | Studio | Studio,1BA | $725 |
| Autumn Trails Apartments | The Maple | Studio,1BA | $749 |
| Spanish Oaks | Studio | Studio,1BA | $749 |
Best Value Apartments for Rent in Far Eastside, IN
As of January 05, 2026 the best value apartment in the Far Eastside area is the $1.12 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 $1,450. The second greatest value Far Eastside apartment is the Two Bedroom 1.5 Bath Model at Paragon Park starting at $1,249 with a $1.02 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. |
|---|---|---|---|
| Shadeland Terrace Townhomes w/Full Basements | 2 BR / 1.5 BA | 2BR,1.5BA | $1.12 |
| Paragon Park | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.02 |
| 7302 East Washington Street, Unit A | 7302 East Washington Street | Studio ,1.5BA | $1.04 |
| Brookhaven Apartments | 2 Bed 1 Bath | 2BR,1BA | $0.91 |
| Lawrence Landing | Two Bedroom | 2BR,1.5BA | $1.03 |
| 60 - ADDISON APARTMENTS | Leasing Specials | 2BR,1BA | $0.95 |
| Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.23 |
| Timber Point Apartments | The Ashland | 1BR,1BA | $1.09 |
| Bristol Square | 1 Bedroom Loft | 1BR,1.5BA | $1.06 |
| 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
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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!
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 $860.
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 $1,508.
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 40 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 $225 which is $1,283 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

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.

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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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Everything is a negotiation in real estate!








