Cheap Homes for Rent in Eastside Neighborhood of Indianapolis, IN from $500 (25 Rentals)

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

property at 1556 Shannon Ave

1556 Shannon Ave

IndianapolisIN46201

Cheapest Available Eastside Apartments for Rent

 

The cheapest available apartment rental in the Eastside area of Indianapolis, IN is a 2 Beds unit found at The Aerie on 11th Street priced from $700. Indy Town Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $710. Here are the most affordable Eastside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Aerie on 11th Street6260 East 11th Street - Apt 3022BR,1BA$700
Indy Town ApartmentsArlington Green 1 bedroom1BR,1BA$710
Serenity Manor 55+ Independent Senior LivingStudioStudio,1BA$715
OlivewoodStudioStudio,1BA$780
Kingston Square ApartmentsThe AshStudio,1BA$829

Best Value Apartments for Rent in Eastside, IN

As of August 04, 2025 the best value apartment in the Eastside area is the $1.08 price per square foot Three Bedroom Two Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,449. The second greatest value Eastside apartment is the 7302 East Washington Street Model at 7302 East Washington Street, Unit A starting at $1,250 with a $1.04 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Eastside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Paragon ParkThree Bedroom Two Bath3BR,2BA$1.08
7302 East Washington Street, Unit A7302 East Washington StreetStudio ,1.5BA$1.04
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 Bedroom Townhome2BR,1BA$0.85
Vistas Apartments2 Bedroom 1.5 Bath Townhouse2BR,1.5BA$1.08
Frederick SquareFrederick Square 2 bedroom2BR,1BA$1.16
The Aerie on 11th Street6240 East 11th Street - Apt 2022BR,1BA$0.82
Greenway ApartmentsGreenway 2 bedroom2BR,1BA$1.09
Courts Apartments2 Bedroom 1 Bathroom Apartment2BR,1BA$1.21
50 - SAXONY COURT APARTMENTSSaxony 2 Bd Standard2BR,1BA$1.18
Indy Town ApartmentsArlington Green 1 bedroom1BR,1BA$1.18

Frequently Asked Questions about Eastside

What type of rentals are currently available in Eastside?

There are currently 119 Apartments for Rent in Eastside, IN with pricing that ranges from $695 to $2,091. There are also 93 Single Family Homes for rent, Condos, and Townhome rentals currently available in Eastside ranging from $595 to $3,500.

What is the current price range for Rental Homes in Eastside?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Eastside ranges from $595 to $3,500 with an average monthly rent of $1,627.

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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