
Cheap Apartments for Rent in the Indy East Neighborhood of Indianapolis, IN from $600 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Indy East area of Indianapolis.


1450 N Gladstone Ave

2211 E New York St

2211 E New York St, Unit B

The Courts Apartment Homes

Colonial Park

3709 Brookside Pkwy S Dr

Minnie Hartman
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

57-59 N Sherman Dr

810 N Bradley Ave

1131 N Rural St

320 N Sherman Dr

890 N Gladstone Ave

1106 N Gale St

415 N Oxford St

1540 N Grant Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1538 N Grant Ave

927 N Chester Ave

1036 N Tuxedo St

1510 N Gladstone Ave

896 N Gladstone Ave

1450 N Gladstone Ave

1308 N Chester Ave

1230 N Kealing Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1306 N Chester Ave

835 N Gladstone Ave

833 N Gladstone Ave

2038 E Adams St

413 N Oxford St

1623 N Rural St

628 N Oxford St

1531 N Grant Ave
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Linwood Manor
Indy East, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Indy East?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indy East 1 Bedroom Apartments | $845 | $625 | $1,100 |
| Indy East 2 Bedroom Apartments | $1,040 | $887 | $1,385 |
| Indy East 3 Bedroom Apartments | $1,482 | $895 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 1 mile radius of the Indy East Neighborhood of Indianapolis, IN.
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Cheapest Available Indy East Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Courts Apartment Homes | 1x1 Classic | 1BR,1BA | $839 |
| Colonial Park | 1 Bed, 1 bath | 1BR,1BA | $850 |
Best Value Apartments for Rent in Indy East, IN
As of April 29, 2026 the best value apartment in the Indy East area is the $2.18 price per square foot 3310 E 9th St Model at 3310 E 9th St, Unit 3310 E 9th in the in the Martindale neighborhood starting from $2,400. The second greatest value Indy East apartment is the 1x1 Classic Model at The Courts Apartment Homes starting at $839 with a $1.53 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Indy East apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3310 E 9th St, Unit 3310 E 9th | 3310 E 9th St | 3BR,2BA | $2.18 |
| The Courts Apartment Homes | 1x1 Classic | 1BR,1BA | $1.53 |
| Colonial Park | 1 Bed, 1 bath | 1BR,1BA | $1.55 |
Frequently Asked Questions about Cheap Indy East Apartments
What is the price of a cheap apartment in Indy East?
The cheapest apartment in Indy East is The Courts Apartment Homes which is listed at $839, while the average apartment in Indy East costs $1,400.
What types of apartments are the cheapest in Indy East?
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 2 regular apartments in Indy East that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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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Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Renting your next home can feel thrilling and overwhelming at the same time.