Cheap Apartments for Rent in the East Warren Neighborhood of Indianapolis, IN from $400 (13 Rentals)

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

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Atrium Village
2 Bedroom Apartments

Atrium Village

2636 N Mitthoeffer RdIndianapolis, IN 46229

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!

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Braeburn Village
2 to 3 Bedroom Apartments

Braeburn Village

2170 Braeburn East DrIndianapolis, IN 46219
  • Utilities Included

East Warren, Indianapolis, IN Local Guide

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 ListingModel NameBed/BathPriced From
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$769
OlivewoodStudioStudio,1BA$820
Kingston Square ApartmentsThe AshStudio,1BA$879
Lake Marina Apartments1 Bedroom Townhouse1BR,1BA$899
Parkhaven Apartments1 Bedroom 1 Bath Apartment1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Paragon ParkTwo Bedroom One Bath2BR,1BA$0.94
The Life at Belhaven Place3 Bed 2 Bath3BR,2BA$1.18
Knoll Ridge Townhomes & Apartments2 Bedroom Deluxe2BR,1BA$1.47
Warren Harbor ApartmentsThe Walker2BR,2BA$1.42
Indy 7925B2R- 2x22BR,2BA$1.46
Braeburn Village2X1-502BR,1BA$1.19
Cumberland ManorCumberland Manor - Newly Renovated 1 Bed/1 Bath...1BR,1BA$1.52
Lake Marina Apartments1 Bedroom Townhouse1BR,1BA$1.40
Parkhaven Apartments1 Bedroom 1 Bath Apartment1BR,1BA$1.52
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$1.29

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Pet Friendly Lifestyle
East Warren, Indianapolis, IN

Ranked #161

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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

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.

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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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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.

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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.

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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.