Cheap Apartments for Rent in the Northeastwood Neighborhood of Indianapolis, IN from $600 (15 Rentals)

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

Northeastwood

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

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Jamestowne Apartments
2 Bedroom Apartments

Jamestowne Apartments

8917 Duxbury RdIndianapolis, IN 46226
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Cavalier Court
1 to 3 Bedroom Apartments

Cavalier Court

9108 E 38th PlIndianapolis, IN 46235
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Maison Gardens
1 to 3 Bedroom Apartments

Maison Gardens

8808 Rue Madeleine RueIndianapolis, IN 46226
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The Haciendas
1 to 3 Bedroom Apartments

The Haciendas

3816 Trilbey DrIndianapolis, IN 46235
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Northeastwood, Indianapolis, IN Local Guide

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 ListingModel NameBed/BathPriced From
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$769
Vineyards Apartments1 Bedroom Apartment1BR,1BA$770
Carriage House East1 Bedroom Apartment Hope1BR,1BA$846
Kingston Square ApartmentsThe AshStudio,1BA$879
Freeman Apartments LLCThe Coltrane1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Country Lake Townhomes2 BR, 1.5 Bath townhome2BR,1.5BA$1.40
Carriage House East2 Bedroom Apartment Optimism2BR,1BA$1.18
Kingston Square ApartmentsThe Maple2BR,1.5BA$1.69
Fountainview Apartments2BR/1BA2BR,1BA$1.45
Harrison Point ApartmentsRuby Reno2BR,1BA$1.52
Bavarian Village ApartmentsThe Chateau 2 BR 1 BA2BR,1BA$1.58
Country Lake EstatesThe Bungalow1BR,1BA$1.64
Vineyards Apartments1 Bedroom Apartment1BR,1BA$1.20
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$1.29
Freeman Apartments LLCThe Coltrane1BR,1BA$1.60

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Pet Friendly Lifestyle
Northeastwood, Indianapolis, IN

Ranked #172

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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.

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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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.

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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.

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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.