
Cheap Apartments for Rent in the Near Eastside Neighborhood of Indianapolis, IN from $530 (92 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near Eastside area of Indianapolis.


2209 E New York St, Unit B

2201 E New York St, Unit B

1354 N Olney St

2209 E New York St

The Commons on 25th

238.5 N Beville Ave

4522 E Washington St, Unit 2ND FLOOR

521 N Gladstone Ave, Unit B

521 N Gladstone Ave
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229-231 Jefferson Ave

943 N Drexel Ave

3058 Brookside Pkwy N Dr, Unit 3058 Brookside Parkway N.

Minnie Hartman

3030 E 10th St

321-323 N Arsenal Ave

1329 E Market St

4824 E New York St

2356 N Arsenal Ave

2422 Coyner Ave
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The Courts Apartment Homes

706-708 N Bosart Ave

4831 E Washington St

Glen Ridge Manor Townhomes and Flats

Assembly

2201 E New York St, Unit D

330 N Arsenal Ave

506 Woodruff Place Middle Dr, Unit 506.5

Line Lofts

2616 E 17th St
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1511-1511 N Chester Ave

332 N Arsenal Ave

447 N Dearborn St

128 S Emerson Ave

331 N Riley Ave

1028 N Kealing Ave

2328 E 16th St

1301 N Olney St

1131 N Rural St

320 N Sherman Dr
Near Eastside - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

318 N Sherman Dr

Emerson Place

1538 N Grant Ave

Hopeside I

15 N Riley Ave

721 N Denny St

833 N Gladstone Ave

1306 N Chester Ave

1515-1517 E Michigan Street

3617 Brookside Pkwy S Dr
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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 | $1,075 | $749 | $1,400 |
| Near Eastside 1 Bedroom Apartments | $1,279 | $625 | $2,345 |
| Near Eastside 2 Bedroom Apartments | $1,315 | $699 | $2,099 |
| Near Eastside 3 Bedroom Apartments | $1,470 | $950 | $2,400 |
| Near Eastside 4 Bedroom Apartments | $3,272 | $1,285 | $7,154 |
Browse Apartments in this Neighborhood
There are currently 92 rentals with your search options within a 2 mile radius of the Near Eastside Neighborhood of Indianapolis, IN.
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Near Eastside, Indianapolis, IN Local Guide
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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 Studio unit found at The Commons on 25th priced from $749. 1515-1517 E Michigan Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Near Eastside apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Commons on 25th | Studio - The Enclave | Studio,1BA | $749 |
| 1515-1517 E Michigan Street | 1BR/1.0BA | 1BR,1BA | $750 |
| Minnie Hartman | The Lillie 40% | 2BR,1BA | $887 |
| The Courts Apartment Homes | 2x1 Classic | 2BR,1BA | $969 |
| Clifford Corners | 2 Beds, 1 Baths | 2BR,1BA | $1,020 |
| Glen Ridge Manor Townhomes and Flats | Glen Ridge 2 bedroom Flat | 2BR,1BA | $1,098 |
| Hopeside I | 2.2-50% | 2BR,2BA | $1,101 |
| Gathyr | Bates | Studio,1BA | $1,130 |
| Whittier Place | 1 Bed | 1BR,1BA | $1,240 |
| 418 Eastern Ave | 3 Beds, 1 Baths | 3BR,1BA | $1,325 |
Best Value Apartments for Rent in Near Eastside, IN
As of September 07, 2026 the best value apartment in the Near Eastside area is the $0.98 price per square foot #4 Model at 945 Woodruff Place Middle Drive in the in the Martindale neighborhood starting from $1,495. The second greatest value Near Eastside apartment is the 1134 N Dearborn St Model at 1134 N Dearborn St, Unit B starting at $1,350 with a $0.90 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. |
|---|---|---|---|
| 945 Woodruff Place Middle Drive | #4 | 2BR,1.5BA | $0.98 |
| 1134 N Dearborn St, Unit B | 1134 N Dearborn St | 3BR,1BA | $0.90 |
| Glen Ridge Manor Townhomes and Flats | Glen Ridge 2 bedroom Flat | 2BR,1BA | $0.80 |
| 418 Eastern Ave | 3 Beds, 1 Baths | 3BR,1BA | $1.31 |
| Clifford Corners | 2 Beds, 1 Baths | 2BR,1BA | $1.11 |
| Hopeside I | 2.2-50% | 2BR,2BA | $1.20 |
| The Courts Apartment Homes | 2x1 Classic | 2BR,1BA | $1.24 |
| 1515-1517 E Michigan Street | 1BR/1.0BA | 1BR,1BA | $1.07 |
| Whittier Place | 1 Bed | 1BR,1BA | $1.85 |
| The Commons on 25th | Studio - The Enclave | Studio ,1BA | $1.96 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleNear Eastside, Indianapolis, IN
Ranked #200
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Near Eastside, Indianapolis, IN
Arsenal Technical High School
H.L. Harshman Magnet Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Near Eastside Apartments
What is the Cheapest Studio apartment in Near Eastside?
Currently the most affordable Cheap Studio Apartment in Near Eastside is at The Commons on 25th listed at $749.
How much is rent for a Cheap One Bedroom Near Eastside Apartment?
The lowest price for a Cheap One Bedroom Near Eastside Apartment is $750 at 1515-1517 E Michigan Street.
What is the lowest price for a Cheap Two Bedroom Near Eastside Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Near Eastside is starting from $969 at The Courts Apartment Homes.
What is the most affordable Near Eastside Three Bedroom Apartment?
The best deal on a cheap Near Eastside Three Bedroom Apartment rental is at 418 Eastern Ave and starts from $1,325.
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

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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.

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.

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.
Articles, How-To's, and Tips

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.