Cheap Apartments for Rent in the Near Eastside Neighborhood of Indianapolis, IN from $300 (13 Rentals)

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

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Colonial Park
1 to 2 Bedroom Apartments

Colonial Park

4421 E Washington StIndianapolis, IN 46201
  • Utilities Included

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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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New Bridge Apartments
Studio to 4 Bedroom Apartments

New Bridge Apartments

2372 Beckwith DrIndianapolis, IN 46218
  • Utilities Included
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Emerson Place
1 to 3 Bedroom Apartments

Emerson Place

2110 Emerson Knoll PlIndianapolis, IN 46218
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Hopeside I
2 Bedroom Apartments

Hopeside I

2005 E 25th StIndianapolis, IN 46218
Senior Living

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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 $899. Here are the most affordable Near Eastside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Hopeside I2.2-40%-H2BR,2BA$852
The Courts Apartment Homes2x1 Classic2BR,1BA$899
Minnie HartmanThe Violet 50%1BR,1BA$910
Gathyr ApartmentsBellStudio,1BA$999
Line LoftsThe Inspiraton 50%2BR,1BA$1,062

Best Value Apartments for Rent in Near Eastside, IN

As of February 06, 2026 the best value apartment in the Near Eastside area is the $0.71 price per square foot Glen Ridge 2 bedroom Flat Model at Glen Ridge Manor Townhomes and Flats (Indy Town) in the in the Martindale neighborhood starting from $954. The second greatest value Near Eastside apartment is the The Intuition 60% Model at Line Lofts starting at $1,311 with a $1.41 price per square foot in the Riley neighborhood. Here is today’s list of the best values for Near Eastside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Glen Ridge Manor Townhomes and Flats (Indy Town)Glen Ridge 2 bedroom Flat2BR,1BA$0.71
Line LoftsThe Intuition 60%2BR,1BA$1.41
Hopeside I2.2-40%-H2BR,2BA$0.93
The Courts Apartment Homes2x1 Classic2BR,1BA$1.15
WesmontOne Bedroom - Furnished Suite1BR,1BA$2.67
The AssemblySprocket1BR,1BA$1.93
Gathyr ApartmentsCapitolStudio ,1BA$2.15

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 $1,449.

What is the price of a cheap apartment in Near Eastside?

The cheapest apartment in Near Eastside is The Assembly which is listed at $1,129, while the average apartment in Near Eastside costs $1,529.

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 50 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.

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

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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

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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.