Cheap Apartments for Rent in the Far Eastside Neighborhood of Indianapolis, IN from $400 (18 Rentals)

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

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Jamestowne Apartments
2 Bedroom Apartments

Jamestowne Apartments

8917 Duxbury RdIndianapolis, IN 46226
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Peppermill Farms
1 to 2 Bedroom Apartments

Peppermill Farms

6830 Mill View DrIndianapolis, IN 46226
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Cavalier Court
1 to 3 Bedroom Apartments

Cavalier Court

9108 E 38th PlIndianapolis, IN 46235
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Maison Gardens
1 to 3 Bedroom Apartments

Maison Gardens

8808 Rue Madeleine RueIndianapolis, IN 46226
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Lawrence Glen
1 to 2 Bedroom Apartments

Lawrence Glen

8633 E 46th StIndianapolis, IN 46226
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Atrium Village
2 Bedroom Apartments

Atrium Village

2636 N Mitthoeffer RdIndianapolis, IN 46229

Far Eastside - 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!

Far Eastside, Indianapolis, IN Local Guide

Cheapest Available Far Eastside Apartments for Rent

 

The cheapest available apartment rental in the Far Eastside area of Indianapolis, IN is a Studio unit found at Franklin Studios priced from $725. Lenox Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable Far Eastside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Franklin StudiosStudioStudio,1BA$725
Lenox Apartments1 Bed 1 Bath Apartment1BR,1BA$745
Autumn Trails ApartmentsThe MapleStudio,1BA$749
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$769
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$825

Best Value Apartments for Rent in Far Eastside, IN

As of April 28, 2025 the best value apartment in the Far Eastside area is the $1.15 price per square foot Lindbergh Model at Crosswinds in the in the Southeast Indianapolis neighborhood starting from $1,369. The second greatest value Far Eastside apartment is the 2 BR, 1.5 Bath townhome Model at Country Lake Townhomes starting at $1,425 with a $1.40 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Far Eastside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
CrosswindsLindbergh3BR,2BA$1.15
Country Lake Townhomes2 BR, 1.5 Bath townhome2BR,1.5BA$1.40
Timber Point ApartmentsThe Bonelli2BR,2BA$0.99
60 - ADDISON APARTMENTS1st Floor Standard + W/D Hookups2BR,1BA$0.95
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$0.86
Apartments @ Marten Court2x1 with washer/dryer2BR,1BA$1.23
Reserve at Franklin Glen2BR2B- Reserve at Franklin Glen2BR,2BA$1.31
Vineyards Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1.29
Braeburn Village2X1-502BR,1BA$1.19
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$1.29

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Far Eastside, Indianapolis, and the greater Indianapolis area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Far Eastside Neighborhood in Indianapolis, IN

Walk Score®

35 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

28 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Far Eastside Apartments

What is a cheap apartment in Far Eastside?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Far Eastside is under $925.

What is the price of a cheap apartment in Far Eastside?

The cheapest apartment in Far Eastside is Serenity Park Apartments which is listed at $769, while the average apartment in Far Eastside costs $1,957.

What types of apartments are the cheapest in Far Eastside?

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 Far Eastside 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 Far Eastside?

Cheap apartments in Far Eastside have an average cost of $194 which is $1,763 cheaper than the average rent for all rentals in Far Eastside.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.