
Cheap Apartments for Rent in the Indy East Neighborhood of Indianapolis, IN from $300 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Indy East area of Indianapolis.


3535 Robson St

24 N Linwood Ave

4310-4312 E Michigan St

45 S Linwood Ave

866 N Drexel Ave

Courts Apartments
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

8 S Euclid Ave

3121 E Michigan St

31 S Lasalle St

1036 Tuxedo St

833 N Gladstone Ave

850 N Dearborn St
Indy East - 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!

2962 N Olney St
Indy East, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Indy East?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Indy East Studio Apartments | $1,070 | $865 | $1,275 |
Indy East 1 Bedroom Apartments | $1,317 | $695 | $1,904 |
Indy East 2 Bedroom Apartments | $1,346 | $800 | $2,137 |
Indy East 3 Bedroom Apartments | $1,154 | $999 | $1,450 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 1 mile radius of the Indy East Neighborhood of Indianapolis, IN.
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Cheapest Available Indy East Apartments for Rent
 The cheapest available apartment rental in the Indy East area of Indianapolis, IN is a 1 Bed unit found at Courts Apartments priced from $766. Utomin Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $975. Here are the most affordable Indy East apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Courts Apartments | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $766 |
Utomin Apartments | 2 Bedroon | 2BR,1BA | $975 |
Historic Irvington Flats | Beautiful Renovated Historic Apartment 1 bedroo... | 1BR,1BA | $1,039 |
College Manor | 1 BR | 1BR,1BA | $1,050 |
The Leo | The Eli | Studio,1BA | $1,250 |
Best Value Apartments for Rent in Indy East, IN
As of April 27, 2025 the best value apartment in the Indy East area is the $1.04 price per square foot 553 N Oakland Ave Model at 553 N Oakland Ave, Unit 553 in the in the Martindale neighborhood starting from $1,300. The second greatest value Indy East apartment is the 1 Bedroom Model at Lockerbie Flats starting at $1,350 with a $1.48 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Indy East apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
553 N Oakland Ave, Unit 553 | 553 N Oakland Ave | 2BR,1BA | $1.04 |
Lockerbie Flats | 1 Bedroom | 1BR,2BA | $1.48 |
College Manor | 1 BR | 1BR,1BA | $1.57 |
Five Twenty Virginia | G | 1BR,1BA | $2.37 |
Utomin Apartments | 2 Bedroon | 2BR,1BA | $1.50 |
Historic Irvington Flats | Beautiful Renovated Historic Apartment 1 bedroo... | 1BR,1BA | $1.60 |
Courts Apartments | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $1.34 |
The Leo | The Eli | Studio ,1BA | $2.30 |
Frequently Asked Questions about Cheap Indy East Apartments
What is the price of a cheap apartment in Indy East?
The cheapest apartment in Indy East is Courts Apartments which is listed at $766, while the average apartment in Indy East costs $1,550.
What types of apartments are the cheapest in Indy East?
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 2 regular apartments in Indy East that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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.

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.

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.