Cheap Apartments for Rent in the Market East Neighborhood of Indianapolis, IN from $600 (39 Rentals)

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

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.

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Wesley Place
Rent Specials
$1,049 - $2,139
Total Monthly Price

Total Monthly Price

Base Rent
$929 - $2,019
Required Monthly Fees
$120
Total Monthly Price
$1,049 - $2,139
Studio to 2 Bedroom Apartments Available Now

Wesley Place

75 W 18th StIndianapolis, IN 46202
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Lockerbie Flats
$1,095
Total Monthly Price

Total Monthly Price

Base Rent
$1,095
Total Monthly Price
$1,095
Studio Apartments Available Now

Lockerbie Flats

619 Vermont PlIndianapolis, IN 46202
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Ralston Apartments
Rent Specials
$1,167 - $3,496
Total Monthly Price

Total Monthly Price

Base Rent
$1,113 - $3,442
Required Monthly Fees
$54
Total Monthly Price
$1,167 - $3,496
1 to 4 Bedroom Apartments Available Now

Ralston Apartments

1201 Indiana AveIndianapolis, IN 46202
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Stadium Lofts & Flats
$1,185 - $1,719
Total Monthly Price

Total Monthly Price

Base Rent
$1,118 - $1,652
Required Monthly Fees
$67
Total Monthly Price
$1,185 - $1,719
1 to 2 Bedroom Apartments Available Now

Stadium Lofts & Flats

1501 W 16th StIndianapolis, IN 46202
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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Industry Indianapolis
$1,341 - $3,835
Total Monthly Price

Total Monthly Price

Base Rent
$1,226 - $3,720
Required Monthly Fees
$115
Total Monthly Price
$1,341 - $3,835
Studio to 2 Bedroom Apartments Available Now

Industry Indianapolis

421 N Pennsylvania StIndianapolis, IN 46204
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CityWay
$1,365 - $6,252
Total Monthly Price

Total Monthly Price

Base Rent
$1,315 - $6,202
Required Monthly Fees
$50
Total Monthly Price
$1,365 - $6,252
1 to 3 Bedroom Apartments Available Now

CityWay

229 S Delaware StIndianapolis, IN 46204
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Showing Results 1-39, Page 1 of 1

Market East, Indianapolis, IN Local Guide

Cheapest Available Market East Apartments for Rent

 

The cheapest available apartment rental in the Market East area of Indianapolis, IN is a 1 Bed unit found at Volrath priced from $649. 9 On Canal has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Market East apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Volrath**Free Month of Rent ** 128 E Palmer St - Studio1BR,1BA$649
9 On CanalStudio - StockholmStudio,1BA$895
Priscilla on PennsylvaniaStudio- 1st Floor CornerStudio,1BA$899
Madison LoftsThe Flat 1x11BR,1BA$899
The Assumption on Blaine1 Bed 1 Bath1BR,1BA$900
Artistry IndyEdie (EcoSuite)Studio,1BA$911
River West FlatsOne Bedroom One Bath - The Driftwood1BR,1BA$949
Devonshire Apartments in Downtown Indianapolis1BR/1.0BA1BR,1BA$990
Gathyr ApartmentsBellStudio,1BA$999
522 Fletcher Ave1BR/1.5BA1BR,1BA$1,025

Best Value Apartments for Rent in Market East, IN

As of February 25, 2026 the best value apartment in the Market East area is the $1.39 price per square foot 3 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $2,459. The second greatest value Market East apartment is the 2 Bed 2 Bath Model at The Assumption on Blaine starting at $1,475 with a $1.12 price per square foot in the Concord neighborhood. Here is today’s list of the best values for Market East apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Block3 Bedroom 2 Bath3BR,2BA$1.39
The Assumption on Blaine2 Bed 2 Bath2BR,2BA$1.12
Townhomes at Fall Creek PlaceF2BR,1BA$1.61
Maxwell ApartmentsAmsterdam1BR,1BA$1.51
522 Fletcher Ave1BR/1.5BA1BR,1.5BA$1.40
Vivio on TenthPer Bedroom - 2x2 B1 725sf2BR,2BA$1.28
Lockerbie FlatsStudioStudio ,1BA$1.62
Madison LoftsThe Flat 1x11BR,1BA$1.44
Volrath1BR/1.0BA1BR,1BA$1.46
River West FlatsOne Bedroom One Bath - The Driftwood1BR,1BA$1.68

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Your 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

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Pet Friendly Lifestyle
Market East, Indianapolis, IN

Ranked #17

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Market East Apartments

What is a cheap apartment in Market East?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Market East is under $1,025.

What is the price of a cheap apartment in Market East?

The cheapest apartment in Market East is Volrath which is listed at $649, while the average apartment in Market East costs $2,628.

What types of apartments are the cheapest in Market 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 105 regular apartments in Market East 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 Market East?

Cheap apartments in Market East have an average cost of $373 which is $2,255 cheaper than the average rent for all rentals in Market East.

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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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

Written by: Wendy Melton

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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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

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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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

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.

Articles, How-To's, and Tips

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Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

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

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.