Cheap Apartments for Rent in the Northeastwood Neighborhood of Indianapolis, IN from $650 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Northeastwood area of Indianapolis.

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Cavalier Court
1 to 3 Bedroom Apartments

Cavalier Court

9108 E 38th PlIndianapolis, IN 46235
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Freeman Apartments
1 to 2 Bedroom Apartments

Freeman Apartments

9117 Briergate CtIndianapolis, IN 46229
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The Haciendas
1 to 3 Bedroom Apartments

The Haciendas

3816 Trilbey DrIndianapolis, IN 46235
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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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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 2 Beds unit found at Postbrook East Apartments priced from $745. Maison Gardens Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $780. Here are the most affordable Northeastwood apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Postbrook East Apartments2bd TH Remodeled2BR,1BA$745
Maison Gardens Apartments2 BDR Remodeled2BR,1BA$780
The Vineyards Apartment HomesStudio ClassicStudio,1BA$789
Serenity Park ApartmentsSTOP SCROLLING — SERENITY PARK IS UNDER NEW MAN...1BR,1BA$794
Jamestowne ApartmentsClassic1BR,1BA$825

Best Value Apartments for Rent in Northeastwood, IN

As of August 30, 2026 the best value apartment in the Northeastwood area is the $1.07 price per square foot 3 bd F Remod Model at Postbrook East Apartments in the in the Southeast Indianapolis neighborhood starting from $1,180. The second greatest value Northeastwood apartment is the 3 Bedroom Townhome – Empowerment Model at Carriage House East starting at $1,400 with a $1.27 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.
Postbrook East Apartments3 bd F Remod3BR,1BA$1.07
Carriage House East3 Bedroom Townhome – Empowerment3BR,1.5BA$1.27
Country Lake TownhomesThe Prince2BR,1.5BA$1.35
Jamestowne ApartmentsClassic1BR,1BA$1.17
Country Lake EstatesThe Bungalow1BR,1BA$1.64
The HaciendasOne Bedroom1BR,1BA$1.65
Serenity Park ApartmentsSTOP SCROLLING — SERENITY PARK IS UNDER NEW MAN...1BR,1BA$1.33
Maison Gardens Apartments1BD R1BR,1BA$1.32
Bavarian Village ApartmentsThe Challis 1 BR 1 BA1BR,1BA$1.64
The Vineyards Apartment HomesStudio ClassicStudio ,1BA$1.91

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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Real 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.

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Pet Friendly Lifestyle
Northeastwood, Indianapolis, IN

Ranked #226

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

Pet Friendliness Lifestyle Score

2.5
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 a cheap apartment in Northeastwood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Northeastwood is under $1,375.

What is the price of a cheap apartment in Northeastwood?

The cheapest apartment in Northeastwood is Maison Gardens Apartments which is listed at $785, while the average apartment in Northeastwood costs $1,079.

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 37 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 $405 which is $674 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.

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