Cheap Apartments for Rent in the Northeastwood Neighborhood of Indianapolis, IN from $600 (11 Rentals)

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Jamestowne Apartments
1 to 3 Bedroom Apartments

Jamestowne Apartments

8917 Duxbury RdIndianapolis, IN 46226
  • Utilities Included
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Maison Gardens
1 to 3 Bedroom Apartments

Maison Gardens

8808 Rue Madeleine RueIndianapolis, IN 46226

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The Haciendas
1 to 3 Bedroom Apartments

The Haciendas

3816 Trilbey DrIndianapolis, IN 46235
  • Utilities Included

Northeastwood, Indianapolis, IN Local Guide

Cheapest Available Northeastwood Apartments for Rent

 

The cheapest available apartment rental in the Northeastwood area of Indianapolis, IN is a 1 Bed unit found at Serenity Park Apartments priced from $769. Carriage House East has the second lowest priced unit, which is a 1 Bed apartment currently listed from $953. Here are the most affordable Northeastwood apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Serenity Park ApartmentsSerenity Park - Cozy, Convenient, and Priced Ri...1BR,1BA$769
Carriage House East1 Bedroom Apartment Hope1BR,1BA$953
Bavarian Village ApartmentsThe Chateau 2 BR 1 BA2BR,1BA$998
Country Lake EstatesThe Bungalow1BR,1BA$1,050
Freeman ApartmentsThe Armstrong2BR,1BA$1,175

Best Value Apartments for Rent in Northeastwood, IN

As of December 30, 2025 the best value apartment in the Northeastwood area is the $1.37 price per square foot 3 Bedroom Townhome Empowerment Model at Carriage House East in the in the Southeast Indianapolis neighborhood starting from $1,508. The second greatest value Northeastwood apartment is the The Prince Model at Country Lake Townhomes starting at $1,375 with a $1.35 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Carriage House East3 Bedroom Townhome Empowerment3BR,1.5BA$1.37
Country Lake TownhomesThe Prince2BR,1.5BA$1.35
Country Lake EstatesThe Bungalow1BR,1BA$1.64
Serenity Park ApartmentsSerenity Park - Cozy, Convenient, and Priced Ri...1BR,1BA$1.29
Bavarian Village ApartmentsThe Challis 1 BR 1 BA1BR,1BA$1.66

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.

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Your 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

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Pet Friendly Lifestyle
Northeastwood, Indianapolis, IN

Ranked #103

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 Serenity Park Apartments which is listed at $769, while the average apartment in Northeastwood costs $1,516.

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 19 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 $511 which is $1,005 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

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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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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.

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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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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!