Cheap Apartments for Rent in the Near Eastside Neighborhood of Indianapolis, IN from $300 (28 Rentals)

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

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Colonial Park
1 to 2 Bedroom Apartments

Colonial Park

4421 E Washington StIndianapolis, IN 46201
  • Utilities Included
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New Bridge Apartments
Studio to 4 Bedroom Apartments

New Bridge Apartments

2372 Beckwith DrIndianapolis, IN 46218
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Emerson Place
1 to 3 Bedroom Apartments

Emerson Place

2110 Emerson Knoll PlIndianapolis, IN 46218
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Hopeside I
2 Bedroom Apartments

Hopeside I

2005 E 25th StIndianapolis, IN 46218
Senior Living
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Irvington Living I
1 to 2 Bedroom Apartments

Irvington Living I

4741 E Washington StIndianapolis, IN 46201
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Linwood Manor
1 Bedroom Apartments

Linwood Manor

4509 E Washington StIndianapolis, IN 46201
Military
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Line Lofts
2 Bedroom Apartments

Line Lofts

1145 E Washington StIndianapolis, IN 46202
Senior Living

Cheapest Available Near Eastside Apartments for Rent

 

The cheapest available apartment rental in the Near Eastside area of Indianapolis, IN is a 1 Bed unit found at 1748 N Bancroft St priced from $500. Hopeside I has the second lowest priced unit, which is a 2 Beds apartment currently listed from $745. Here are the most affordable Near Eastside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
1748 N Bancroft St1748 N Bancroft St1BR,1BA$500
Hopeside I2.2-50%2BR,2BA$745
Line LoftsThe Inspiration 60% HOME2BR,1BA$962
40 N Euclid Ave40 N Euclid Ave3BR,1BA$1,010
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 Bedroom Townhome2BR,1BA$1,062
Minnie Hartmann CenterThe Alma 50%2BR,1BA$1,092
The AssemblyCylinder - Workforce1BR,1BA$1,175
Artistry IndyEdie (EcoSuite)Studio,1BA$1,176
Rise on MeridianThe AmeliaStudio,1BA$1,205
Circa ApartmentsArchStudio,1BA$1,334

Best Value Apartments for Rent in Near Eastside, IN

As of March 30, 2025 the best value apartment in the Near Eastside area is the $1.14 price per square foot 352 N Arsenal Ave Model at 352 N Arsenal Ave in the in the Riley neighborhood starting from $2,050. The second greatest value Near Eastside apartment is the 3 Bedroom 2 Bath Model at The Block starting at $2,199 with a $1.24 price per square foot in the Riley neighborhood. Here is today’s list of the best values for Near Eastside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
352 N Arsenal Ave352 N Arsenal Ave3BR,1.5BA$1.14
The Block3 Bedroom 2 Bath3BR,2BA$1.24
876 Woodruff Place West Drive, Unit Rear876 Woodruff Place West Drive1BR,1BA$1.34
Gathyr ApartmentsSturm2BR,2BA$1.80
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 Bedroom Townhome2BR,1BA$0.92
40 N Euclid Ave40 N Euclid Ave3BR,1BA$1.01
WesmontTwo Bedroom - Body and Soul2BR,2BA$1.73
Line LoftsThe Inspiration 60%2BR,1BA$1.42
Hopeside I2.2-50%2BR,2BA$0.81
Minnie Hartmann CenterThe Alma 50%2BR,1BA$1.37

Getting Around the Near Eastside Neighborhood in Indianapolis, IN

Walk Score®

56 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

62 / 100

Bikeable

Some bike infrastructure

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Near Eastside Apartments

What is a cheap apartment in Near Eastside?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near Eastside is under $1,334.

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

The cheapest apartment in Near Eastside is 1748 N Bancroft St which is listed at $500, while the average apartment in Near Eastside costs $2,289.

What types of apartments are the cheapest in Near 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 8 regular apartments in Near 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 Near Eastside?

Cheap apartments in Near Eastside have an average cost of $102 which is $2,187 cheaper than the average rent for all rentals in Near 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.

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