
Cheap Apartments for Rent in the Near Eastside Neighborhood of Indianapolis, IN from $300 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near Eastside area of Indianapolis.


618 N Euclid Ave
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Near Eastside, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Near Eastside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Near Eastside Studio Apartments | $1,214 | $999 | $1,349 |
| Near Eastside 1 Bedroom Apartments | $1,368 | $495 | $2,049 |
| Near Eastside 2 Bedroom Apartments | $1,365 | $563 | $2,199 |
| Near Eastside 3 Bedroom Apartments | $1,744 | $899 | $5,361 |
| Near Eastside 4 Bedroom Apartments | $1,181 | $895 | $1,399 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Near Eastside Neighborhood of Indianapolis, IN.
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Cheapest Available Near Eastside Apartments for Rent
 The cheapest available apartment rental in the Near Eastside area of Indianapolis, IN is a 2 Beds unit found at Hopeside I priced from $852. The Courts Apartment Homes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $879. Here are the most affordable Near Eastside apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hopeside I | 2.2-40%-H | 2BR,2BA | $852 |
| The Courts Apartment Homes | 2x1 - Classic | 2BR,1BA | $879 |
| Minnie Hartmann Center | The Lucy 40% | 2BR,1BA | $931 |
Best Value Apartments for Rent in Near Eastside, IN
As of December 12, 2025 the best value apartment in the Near Eastside area is the $1.20 price per square foot 1029 N Keystone Ave Model at 1029 N Keystone Ave, Unit 1029 N keystone in the in the Martindale neighborhood starting from $1,800. The second greatest value Near Eastside apartment is the Glen Ridge 2 bedroom Flat Model at Glen Ridge Manor Townhomes and Flats (Indy Town) starting at $998 with a $0.74 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Near Eastside apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1029 N Keystone Ave, Unit 1029 N keystone | 1029 N Keystone Ave | 3BR,1.5BA | $1.20 |
| Glen Ridge Manor Townhomes and Flats (Indy Town) | Glen Ridge 2 bedroom Flat | 2BR,1BA | $0.74 |
| 1205 N Grant Ave | 1205 N Grant Ave | 2BR,1.5BA | $1.12 |
| Hopeside I | 2.2-40% | 2BR,2BA | $0.93 |
| Minnie Hartmann Center | The Alma 50% | 2BR,1BA | $1.48 |
| Wesmont | One Bedroom - Polka Dots and Moonbeams | 1BR,1BA | $2.01 |
| The Courts Apartment Homes | 2x1 - Classic | 2BR,1BA | $1.13 |
| The Assembly | Cylinder | 1BR,1BA | $2.40 |
| Gathyr Apartments | Capitol | Studio ,1BA | $2.15 |
Getting Around the Near Eastside Neighborhood in Indianapolis, IN
Walk Score®
55 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
62 / 100
Bikeable
Some bike infrastructure
Transit Score®
38 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Near Eastside Apartments
What is a cheap apartment in Near Eastside?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near Eastside is under $1,450.
What is the price of a cheap apartment in Near Eastside?
The cheapest apartment in Near Eastside is Wesmont which is listed at $1,249, while the average apartment in Near Eastside costs $1,495.
What types of apartments are the cheapest in Near 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 23 regular apartments in Near Eastside 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.
Articles, How-To's, and Tips

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!




