
Cheap Apartments for Rent in the Northeastwood Neighborhood of Indianapolis, IN from $600 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Northeastwood area of Indianapolis.


The Vineyards Apartment Homes

Country Lake Estates

Country Lake Townhomes

Willow Glen East
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Freeman Apartments

Jamestowne Apartments

Maison Gardens

Bavarian Village Apartments

Waterstone Place Apartments
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The Haciendas
Northeastwood, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Northeastwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Northeastwood Studio Apartments | $799 | $799 | $799 |
| Northeastwood 1 Bedroom Apartments | $919 | $769 | $1,099 |
| Northeastwood 2 Bedroom Apartments | $1,155 | $899 | $1,475 |
| Northeastwood 3 Bedroom Apartments | $1,533 | $1,299 | $1,750 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Northeastwood Neighborhood of Indianapolis, IN.
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Northeastwood, Indianapolis, IN Local Guide
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Cheapest Available Northeastwood Apartments for Rent
 The cheapest available apartment rental in the Northeastwood area of Indianapolis, IN is a Studio unit found at The Vineyards Apartment Homes priced from $799. Bavarian Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $934. Here are the most affordable Northeastwood apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Vineyards Apartment Homes | Studio Classic | Studio,1BA | $799 |
| Bavarian Village Apartments | The Challis 1 BR 1 BA | 1BR,1BA | $934 |
| Carriage House East | 1 Bedroom Apartment Hope | 1BR,1BA | $953 |
| Country Lake Estates | The Bungalow | 1BR,1BA | $1,050 |
| Willow Glen East | 2x1.5 975 | 2BR,1BA | $1,155 |
Best Value Apartments for Rent in Northeastwood, IN
As of January 23, 2026 the best value apartment in the Northeastwood area is the $1.20 price per square foot 2x1.5 1111 TH Model at Willow Glen East in the in the Southeast Indianapolis neighborhood starting from $1,330. The second greatest value Northeastwood apartment is the 3 Bedroom Townhome Empowerment Model at Carriage House East starting at $1,508 with a $1.37 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Northeastwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Willow Glen East | 2x1.5 1111 TH | 2BR,1.5BA | $1.20 |
| Carriage House East | 3 Bedroom Townhome Empowerment | 3BR,1.5BA | $1.37 |
| Country Lake Townhomes | The Prince | 2BR,1.5BA | $1.35 |
| Country Lake Estates | The Bungalow | 1BR,1BA | $1.64 |
| Bavarian Village Apartments | The Challis 1 BR 1 BA | 1BR,1BA | $1.67 |
| The Vineyards Apartment Homes | Studio Classic | Studio ,1BA | $1.93 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
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 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.
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Indiana and customized analysis for Indianapolis, Indiana. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Northeastwood Apartments
What is the price of a cheap apartment in Northeastwood?
The cheapest apartment in Northeastwood is Bavarian Village Apartments which is listed at $913, while the average apartment in Northeastwood costs $1,508.
What types of apartments are the cheapest in Northeastwood?
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 20 regular apartments in Northeastwood 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 Northeastwood?
Cheap apartments in Northeastwood have an average cost of $672 which is $836 cheaper than the average rent for all rentals in Northeastwood.
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.
Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
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.

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.