
Cheap Apartments for Rent in the Near Eastside Neighborhood of Indianapolis, IN from $500 (56 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near Eastside area of Indianapolis.


910 N Ewing St

1354 N Olney St

New Bridge

37-37 S Sherman Dr

3709 Brookside Pkwy S Dr

2403 N Oxford St

712-712 N Bosart Ave

810 N Bradley Ave

35#B Dequincy Street, 46201; #713375 - 713375
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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

1353 N Olney St

3030 E 10th St

521 N Gladstone Ave, Unit B

The Courts Apartment Homes

313 Eastern Ave

958 N Tuxedo St

816-818 N Bancroft St

4831 E Washington St

1524 N Chester Ave
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.

1131 N Rural St

320 N Sherman Dr

Emerson Place

3123 E Michigan St

Hopeside I

415 N Oxford St

1106 N Gale St

1538 N Grant Ave

1250 N Colorado Ave

1036 N Tuxedo St
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.

628 N Oxford St

1327 N Chester Ave

The Wash Apartments

1306 N Chester Ave

39 N Forest Ave

201 S Emerson Ave

1038 N Tuxedo St

833 N Gladstone Ave

Colonial Park

932 N Leland Ave
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.

471 N State Ave

1531 N Grant Ave

Minnie Hartman

Linwood Manor

521 N Gladstone Ave

Monon Lofts

Gathyr Apartments

3617 Brookside Pkwy S Dr

1303 N Gladstone Ave

412 N Bradley Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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 | $984 | $779 | $1,299 |
| Near Eastside 1 Bedroom Apartments | $1,239 | $599 | $2,536 |
| Near Eastside 2 Bedroom Apartments | $1,131 | $900 | $1,893 |
| Near Eastside 3 Bedroom Apartments | $1,441 | $825 | $3,185 |
| Near Eastside 4 Bedroom Apartments | $2,585 | $1,095 | $9,003 |
Browse Apartments in this Neighborhood
There are currently 56 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 New Bridge priced from $779. Hopeside I has the second lowest priced unit, which is a 2 Beds apartment currently listed from $883. Here are the most affordable Near Eastside apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| New Bridge | Studio - The Enclave | Studio,1BA | $779 |
| Hopeside I | 2.2-40%-H | 2BR,2BA | $883 |
| The Courts Apartment Homes | 2x1 Classic | 2BR,1BA | $929 |
| 412 N Bradley Ave | 2 Beds, 1 Baths | 2BR,1BA | $950 |
| Line Lofts | The Inspiraton 50% | 2BR,1BA | $1,014 |
| Glen Ridge Manor Townhomes and Flats (Indy Town) | Glen Ridge 2 bedroom Flat | 2BR,1BA | $1,130 |
| Minnie Hartman | The Lillie 50% | 2BR,1BA | $1,136 |
| Assembly | MKT-Sprock | 1BR,1BA | $1,349 |
| The Row | The Station - 1D | 1BR,1BA | $1,475 |
Best Value Apartments for Rent in Near Eastside, IN
As of July 05, 2026 the best value apartment in the Near Eastside area is the $1.04 price per square foot #4 Model at 945 Woodruff Place Middle Drive in the in the Martindale neighborhood starting from $1,595. 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 | $1.04 |
| 1134 N Dearborn St, Unit B | 1134 N Dearborn St | 3BR,1BA | $0.90 |
| Glen Ridge Manor Townhomes and Flats (Indy Town) | Glen Ridge 2 bedroom Flat | 2BR,1BA | $0.85 |
| Minnie Hartman | The Stella 60% | 2BR,1BA | $1.38 |
| Line Lofts | The Intuition 60% | 2BR,1BA | $1.36 |
| Hopeside I | 2.2-50% | 2BR,2BA | $1.20 |
| The Courts Apartment Homes | 2x1 Classic | 2BR,1BA | $1.19 |
| Wesmont | One Bedroom - Four on Six | 1BR,1BA | $2.00 |
| 412 N Bradley Ave | 2 Beds, 1 Baths | 2BR,1BA | $1.36 |
| New Bridge | Studio - The Enclave | Studio ,1BA | $2.04 |
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.
Read ArticleYour 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
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 #244
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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 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 $1,475.
What is the price of a cheap apartment in Near Eastside?
The cheapest apartment in Near Eastside is New Bridge which is listed at $809, while the average apartment in Near Eastside costs $1,349.
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 13 regular apartments in Near Eastside 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 Near Eastside?
Cheap apartments in Near Eastside have an average cost of $190 which is $1,159 cheaper than the average rent for all rentals in Near Eastside.
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

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.

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.

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.

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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.