
Cheap Apartments for Rent in the Near Eastside Neighborhood of Indianapolis, IN from $300 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near Eastside area of Indianapolis.


3535 Robson St

3326 Brookside Pkwy N Dr

1530-1532 N Sherman Dr

24 N Linwood Ave

4830-4831 E Washington St

4714 E 16th St

45 S Linwood Ave

4310-4312 E Michigan St

626-628 N Oxford St

Courts Apartments

725-727 N Bradley Ave

Minnie Hartmann Center

937-939 N Gladstone Ave

314 N Linwood Ave

2024 Columbia Ave

41-43 N Euclid Ave

28 S Dearborn St
Near Eastside, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Near Eastside?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Near Eastside Studio Apartments | $1,449 | $1,000 | $2,781 |
Near Eastside 1 Bedroom Apartments | $1,772 | $650 | $3,635 |
Near Eastside 2 Bedroom Apartments | $2,447 | $782 | $4,629 |
Near Eastside 3 Bedroom Apartments | $2,726 | $899 | $8,137 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Near Eastside Neighborhood of Indianapolis, IN.
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
1748 N Bancroft St | 1748 N Bancroft St | 1BR,1BA | $500 |
Hopeside I | 2.2-50% | 2BR,2BA | $745 |
Line Lofts | The Inspiration 60% HOME | 2BR,1BA | $962 |
40 N Euclid Ave | 40 N Euclid Ave | 3BR,1BA | $1,010 |
Glen Ridge Manor Townhomes and Flats | Glen Ridge 2 Bedroom Townhome | 2BR,1BA | $1,062 |
Minnie Hartmann Center | The Alma 50% | 2BR,1BA | $1,092 |
The Assembly | Cylinder - Workforce | 1BR,1BA | $1,175 |
Artistry Indy | Edie (EcoSuite) | Studio,1BA | $1,176 |
Rise on Meridian | The Amelia | Studio,1BA | $1,205 |
Circa Apartments | Arch | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
352 N Arsenal Ave | 352 N Arsenal Ave | 3BR,1.5BA | $1.14 |
The Block | 3 Bedroom 2 Bath | 3BR,2BA | $1.24 |
876 Woodruff Place West Drive, Unit Rear | 876 Woodruff Place West Drive | 1BR,1BA | $1.34 |
Gathyr Apartments | Sturm | 2BR,2BA | $1.80 |
Glen Ridge Manor Townhomes and Flats | Glen Ridge 2 Bedroom Townhome | 2BR,1BA | $0.92 |
40 N Euclid Ave | 40 N Euclid Ave | 3BR,1BA | $1.01 |
Wesmont | Two Bedroom - Body and Soul | 2BR,2BA | $1.73 |
Line Lofts | The Inspiration 60% | 2BR,1BA | $1.42 |
Hopeside I | 2.2-50% | 2BR,2BA | $0.81 |
Minnie Hartmann Center | The 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
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 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.

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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.