Cheap Apartments for Rent in the Market East Neighborhood of Indianapolis, IN from $600 (38 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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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.

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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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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-38, 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. Priscilla on Pennsylvania has the second lowest priced unit, which is a Studio apartment currently listed from $899. 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
Priscilla on PennsylvaniaStudio- 1st Floor CornerStudio,1BA$899
Devonshire Apartments in Downtown Indianapolis1BR/1.0BA1BR,1BA$990
Gathyr ApartmentsBellStudio,1BA$999
522 Fletcher Ave1BR/1.5BA1BR,1BA$1,025
The Assumption on Blaine1 Bed 1 Bath1BR,1BA$1,030
Artistry IndyEdie (EcoSuite)Studio,1BA$1,040
Edge 35S1Studio,1BA$1,082
Lockerbie FlatsStudioStudio,1BA$1,095
Madison LoftsThe Loft 1x1-L1BR,1BA$1,099

Best Value Apartments for Rent in Market East, IN

As of January 05, 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 B1 Model at 946 MLK starting at $1,800 with a $1.19 price per square foot in the Near North Indianapolis 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
946 MLKB13BR,2BA$1.19
The Assumption on Blaine2 Bed 2 Bath2BR,2BA$1.35
The E'LaanThe Evans2BR,2BA$1.50
Townhomes at Fall Creek PlaceF2BR,1BA$1.61
522 Fletcher Ave1BR/1.5BA1BR,1.5BA$1.40
River West FlatsOne Bedroom One Bath - The Anderson1BR,1BA$1.61
Lockerbie FlatsStudioStudio ,1BA$1.62
Madison LoftsThe Loft 1x1-L1BR,1BA$1.63
Volrath0BR/1.0BAStudio ,1BA$1.29

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

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Market East, Indianapolis, IN

Ranked #21

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 the Cheapest Studio apartment in Market East?

Currently the most affordable Cheap Studio Apartment in Market East is at Volrath listed at $774.

How much is rent for a Cheap One Bedroom Market East Apartment?

The lowest price for a Cheap One Bedroom Market East Apartment is $649 at Volrath.

What is the lowest price for a Cheap Two Bedroom Market East Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Market East is starting from $1,324 at River West Flats.

What is the most affordable Market East Three Bedroom Apartment?

The best deal on a cheap Market East Three Bedroom Apartment rental is at 946 MLK and starts from $1,800.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!