
Cheap Apartments for Rent in the East Warren Neighborhood of Indianapolis, IN from $400 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the East Warren area of Indianapolis.


Serenity Park Apartments

Olivewood
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Bristol Square

Kingston Square Apartments

Lake Marina Apartments
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Parkhaven Apartments

Spanish Oaks
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2339 Valley Creek W Ln
East Warren - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
East Warren, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in East Warren?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
East Warren Studio Apartments | $872 | $820 | $1,050 |
East Warren 1 Bedroom Apartments | $1,032 | $400 | $1,599 |
East Warren 2 Bedroom Apartments | $1,252 | $899 | $1,500 |
East Warren 3 Bedroom Apartments | $1,650 | $1,225 | $2,025 |
East Warren 4 Bedroom Apartments | $1,714 | $1,426 | $1,900 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the East Warren Neighborhood of Indianapolis, IN.
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East Warren, Indianapolis, IN Local Guide
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Cheapest Available East Warren Apartments for Rent
 The cheapest available apartment rental in the East Warren area of Indianapolis, IN is a 1 Bed unit found at Serenity Park Apartments priced from $769. Olivewood has the second lowest priced unit, which is a Studio apartment currently listed from $820. Here are the most affordable East Warren apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Serenity Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $769 |
Olivewood | Studio | Studio,1BA | $820 |
Kingston Square Apartments | The Ash | Studio,1BA | $879 |
Lake Marina Apartments | 1 Bedroom Townhouse | 1BR,1BA | $899 |
Parkhaven Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $949 |
Best Value Apartments for Rent in East Warren, IN
As of May 12, 2025 the best value apartment in the East Warren area is the $0.94 price per square foot Two Bedroom One Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,149. The second greatest value East Warren apartment is the 3 Bed 2 Bath Model at The Life at Belhaven Place starting at $1,387 with a $1.18 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for East Warren apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Paragon Park | Two Bedroom One Bath | 2BR,1BA | $0.94 |
The Life at Belhaven Place | 3 Bed 2 Bath | 3BR,2BA | $1.18 |
Knoll Ridge Townhomes & Apartments | 2 Bedroom Deluxe | 2BR,1BA | $1.47 |
Warren Harbor Apartments | The Walker | 2BR,2BA | $1.42 |
Indy 7925 | B2R- 2x2 | 2BR,2BA | $1.46 |
Braeburn Village | 2X1-50 | 2BR,1BA | $1.19 |
Cumberland Manor | Cumberland Manor - Newly Renovated 1 Bed/1 Bath... | 1BR,1BA | $1.52 |
Lake Marina Apartments | 1 Bedroom Townhouse | 1BR,1BA | $1.40 |
Parkhaven Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.52 |
Serenity Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.29 |
Quick 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 LifestyleEast Warren, Indianapolis, IN
Ranked #161
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Getting Around the East Warren Neighborhood in Indianapolis, IN
Walk Score®
48 / 100
Car-Dependent
Most errands require a car
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
34 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap East Warren Apartments
What is a cheap apartment in East Warren?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Warren is under $1,050.
What is the price of a cheap apartment in East Warren?
The cheapest apartment in East Warren is Serenity Park Apartments which is listed at $769, while the average apartment in East Warren costs $1,757.
What types of apartments are the cheapest in East Warren?
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 11 regular apartments in East Warren 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 East Warren?
Cheap apartments in East Warren have an average cost of $446 which is $1,311 cheaper than the average rent for all rentals in East Warren.
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.