
Cheap Apartments for Rent in the Northeastwood Neighborhood of Indianapolis, IN from $600 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Northeastwood area of Indianapolis.


Serenity Park Apartments

Bavarian Village Apartments

Harrison Point Apartments

Carriage House East

Willow Glen East

Kingston Square Apartments

Freeman Apartments LLC

Fountainview Apartments

Spanish Oaks
Northeastwood
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
Northeastwood, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Northeastwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Northeastwood Studio Apartments | $988 | $761 | $1,602 |
Northeastwood 1 Bedroom Apartments | $1,223 | $769 | $1,764 |
Northeastwood 2 Bedroom Apartments | $1,389 | $899 | $2,596 |
Northeastwood 3 Bedroom Apartments | $1,670 | $1,322 | $2,260 |
Northeastwood 4 Bedroom Apartments | $1,499 | $1,499 | $1,499 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Northeastwood Neighborhood of Indianapolis, IN.
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Northeastwood, Indianapolis, IN Local Guide
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Cheapest Available Northeastwood Apartments for Rent
 The cheapest available apartment rental in the Northeastwood area of Indianapolis, IN is a 1 Bed unit found at Serenity Park Apartments priced from $769. Vineyards Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $770. Here are the most affordable Northeastwood apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Serenity Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $769 |
Vineyards Apartments | 1 Bedroom Apartment | 1BR,1BA | $770 |
Carriage House East | 1 Bedroom Apartment Hope | 1BR,1BA | $846 |
Kingston Square Apartments | The Ash | Studio,1BA | $879 |
Freeman Apartments LLC | The Coltrane | 1BR,1BA | $920 |
Best Value Apartments for Rent in Northeastwood, IN
As of April 14, 2025 the best value apartment in the Northeastwood area is the $1.40 price per square foot 2 BR, 1.5 Bath townhome Model at Country Lake Townhomes in the in the Southeast Indianapolis neighborhood starting from $1,425. The second greatest value Northeastwood apartment is the 2 Bedroom Apartment Optimism Model at Carriage House East starting at $1,066 with a $1.18 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Northeastwood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Country Lake Townhomes | 2 BR, 1.5 Bath townhome | 2BR,1.5BA | $1.40 |
Carriage House East | 2 Bedroom Apartment Optimism | 2BR,1BA | $1.18 |
Kingston Square Apartments | The Maple | 2BR,1.5BA | $1.69 |
Fountainview Apartments | 2BR/1BA | 2BR,1BA | $1.45 |
Harrison Point Apartments | Ruby Reno | 2BR,1BA | $1.52 |
Bavarian Village Apartments | The Chateau 2 BR 1 BA | 2BR,1BA | $1.58 |
Country Lake Estates | The Bungalow | 1BR,1BA | $1.64 |
Vineyards Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.20 |
Serenity Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.29 |
Freeman Apartments LLC | The Coltrane | 1BR,1BA | $1.60 |
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Pet Friendly LifestyleNortheastwood, Indianapolis, IN
Ranked #172
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Indiana and customized analysis for Indianapolis, Indiana. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Northeastwood Apartments
What is the price of a cheap apartment in Northeastwood?
The cheapest apartment in Northeastwood is Serenity Park Apartments which is listed at $769, while the average apartment in Northeastwood costs $1,575.
What types of apartments are the cheapest in Northeastwood?
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 9 regular apartments in Northeastwood 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 Northeastwood?
Cheap apartments in Northeastwood have an average cost of $338 which is $1,237 cheaper than the average rent for all rentals in Northeastwood.
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.