Cheap Apartments for Rent in the Near Eastside Neighborhood of Indianapolis, IN from $300 (8 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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New Bridge Apartments
Studio to 4 Bedroom Apartments

New Bridge Apartments

2372 Beckwith DrIndianapolis, IN 46218
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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
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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 Line Lofts priced from $563. The Courts Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Near Eastside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Line LoftsThe Inspiration 30%2BR,1BA$563
The Courts Apartment Homes1x11BR,1BA$799
Hopeside I2.2-40%-H2BR,2BA$852

Best Value Apartments for Rent in Near Eastside, IN

As of October 28, 2025 the best value apartment in the Near Eastside area is the $0.81 price per square foot 1121 N Dearborn St Model at 1121 N Dearborn St, Unit 1121 N Dearborn in the in the Martindale neighborhood starting from $1,100. The second greatest value Near Eastside apartment is the Glen Ridge 2 bedroom Flat Model at Glen Ridge Manor Townhomes and Flats starting at $1,194 with a $0.89 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1121 N Dearborn St, Unit 1121 N Dearborn1121 N Dearborn St2BR,1.5BA$0.81
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 bedroom Flat2BR,1BA$0.89
Line LoftsThe Intuition 60%2BR,1BA$1.53
Hopeside I2.2-40%2BR,2BA$0.93
Minnie Hartmann CenterThe Alma 50%2BR,1BA$1.48
WesmontOne Bedroom - Four on Six1BR,1BA$2.07
The AssemblySprocket1BR,1BA$2.24
The Courts Apartment Homes1x11BR,1BA$1.45
Gathyr ApartmentsCapitolStudio ,1BA$2.26

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

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 $1,152.

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

The cheapest apartment in Near Eastside is The Courts Apartment Homes which is listed at $799, while the average apartment in Near Eastside costs $3,632.

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.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.