Cheap Apartments for Rent in the Market East Neighborhood of Indianapolis, IN from $1,100 (9 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Market 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!

Market East, Indianapolis, IN Local Guide

Cheapest Available Market East Apartments for Rent

 

The cheapest available apartment rental in the Market East area of Indianapolis, IN is a Studio unit found at Gathyr Apartments priced from $1,199. Rise on Meridian has the second lowest priced unit, which is a Studio apartment currently listed from $1,210. Here are the most affordable Market East apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Gathyr ApartmentsBatesStudio,1BA$1,199
Rise on MeridianThe AmeliaStudio,1BA$1,210
Industry IndianapolisStudio - SaStudio,1BA$1,341

Best Value Apartments for Rent in Market East, IN

As of May 12, 2025 the best value apartment in the Market East area is the $1.06 price per square foot 1 Bedroom 1 Bath Model at The Block in the in the Riley neighborhood starting from $1,539. The second greatest value Market East apartment is the 2BR/2BA + Den - D Model at Industry Indianapolis starting at $4,255 with a $3.15 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Market East apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Block1 Bedroom 1 Bath1BR,1BA$1.06
Industry Indianapolis2BR/2BA + Den - D2BR,2BA$3.15
360 Market Square1A-U1BR,1BA$2.94
CityWayHenry1BR,1BA$2.83
Artistry IndyGala1BR,1BA$2.47
Gathyr ApartmentsBevilleStudio ,1BA$2.44
220 MeridianS1aStudio ,1BA$4.01
Rise on MeridianThe AmeliaStudio ,1BA$3.03

Quick Rent Budget Calculator

How much rent can you afford?

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Pet Friendly Lifestyle
Market East, Indianapolis, IN

Ranked #109

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Market East Neighborhood in Indianapolis, IN

Walk Score®

96 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

98 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

67 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Market East Apartments

What is the Cheapest Studio apartment in Market East?

Currently the most affordable Cheap Studio Apartment in Market East is at Gathyr Apartments listed at $1,199.

How much is rent for a Cheap One Bedroom Market East Apartment?

The lowest price for a Cheap One Bedroom Market East Apartment is $1,353 at Artistry Indy.

What is the lowest price for a Cheap Two Bedroom Market East Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Market East is starting from $1,394 at Artistry Indy.

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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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.