
Cheap Apartments for Rent in the Market East Neighborhood of Indianapolis, IN from $900 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Market East area of Indianapolis.


9 on Canal

Gathyr Apartments

Rise on Meridian

Slate 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.

Industry Indianapolis

CityWay

360 Market Square

Ardmore Apartments
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

How much does it cost to rent an apartment in Market East?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Market East Studio Apartments | $1,512 | $983 | $3,644 |
Market East 1 Bedroom Apartments | $2,004 | $1,195 | $4,012 |
Market East 2 Bedroom Apartments | $2,872 | $1,495 | $8,637 |
Market East 3 Bedroom Apartments | $3,312 | $2,199 | $6,168 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Market East Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Market East, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Artistry Indy priced from $983. 9 on Canal has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable Market East apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Artistry Indy | Edie (EcoSuite) | Studio,1BA | $983 |
9 on Canal | Stockholm | 1BR,1BA | $1,195 |
Gathyr Apartments | Bates | Studio,1BA | $1,199 |
Best Value Apartments for Rent in Market East, IN
As of April 20, 2025 the best value apartment in the Market East area is the $1.24 price per square foot 3 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $2,199. The second greatest value Market East apartment is the A4- One Bedroom with Den Model at Ardmore Apartments starting at $1,740 with a $2.14 price per square foot in the Riley neighborhood. Here is today’s list of the best values for Market East apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Block | 3 Bedroom 2 Bath | 3BR,2BA | $1.24 |
Ardmore Apartments | A4- One Bedroom with Den | 1BR,1BA | $2.14 |
Slate Apartments | C- One Bedroom | 1BR,1BA | $2.30 |
9 on Canal | Amsterdam - Lux | 1BR,1BA | $2.51 |
CityWay | Clark | 1BR,1BA | $2.57 |
Industry Indianapolis | 1BR/1BA - A1 | 1BR,1BA | $4.01 |
Gathyr Apartments | Beville | Studio ,1BA | $2.44 |
220 Meridian | S1a | Studio ,1BA | $4.01 |
Rise on Meridian | The Amelia | Studio ,1BA | $3.01 |
Artistry Indy | Edie (EcoSuite) | Studio ,1BA | $2.78 |
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 LifestyleMarket East, Indianapolis, IN
Ranked #88
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
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 Market East Apartments
What is the Cheapest Studio apartment in Market East?
Currently the most affordable Cheap Studio Apartment in Market East is at Artistry Indy listed at $983.
How much is rent for a Cheap One Bedroom Market East Apartment?
The lowest price for a Cheap One Bedroom Market East Apartment is $1,195 at 9 on Canal.
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 $1,628 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.

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.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.