
Cheap Homes for Rent in Eastside Neighborhood of Indianapolis, IN from $500 (27 Rentals)
Search the lowest-cost Homes available for rent right now in the Eastside area of Indianapolis.


6052 E Washington St

1538 N Grant Ave

4720 Munter Ln

2238 Admiral Dr

1308 N Chester Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1306 N Chester Ave

833 N Gladstone Ave

5143 Washington St

2404 N Lesley Ave

6119 Nimitz Dr

2226 N Kenyon St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

6149 Commodore Dr

1512 N Gladstone Ave

1432 N Colorado Ave

775 Dequincy St

1531 N Grant Ave

911 N Emerson Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

201 S Emerson Ave

8 S Bradley Ave

2938 Arthington Blvd

8 S Bradley Ave

2417 N Bolton Ave

314 N Denny St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1303 N Gladstone Ave

4017 E 11th St

6808 East 21st St
Eastside, Indianapolis, IN Local Guide

How much does it cost to rent a home in Eastside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Eastside 2 Bedroom Homes for Rent | $1,170 | $850 | $2,300 |
| Eastside 3 Bedroom Homes for Rent | $1,439 | $850 | $2,800 |
| Eastside 4 Bedroom Homes for Rent | $1,600 | $950 | $2,350 |
Browse Homes for Rent in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Eastside Neighborhood of Indianapolis, IN.
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Eastside, Indianapolis, IN Local Guide
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Cheapest Available Eastside Apartments for Rent
 The cheapest available apartment rental in the Eastside area of Indianapolis, IN is a 1 Bed unit found at Serenity Manor 55+ Independent Active Living priced from $699. Olivewood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here are the most affordable Eastside apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Serenity Manor 55+ Independent Active Living | 1 Bedroom/1 Bathroom | 1BR,1BA | $699 |
| Olivewood | One Bed One Bath | 1BR,1BA | $749 |
| Kingston Square Apartments | The Ash | Studio,1BA | $799 |
| Arlington Green (Indy Town) | Arlington Green 2 bedroom | 2BR,1BA | $833 |
| Colonial Park | 1 Bed, 1 bath | 1BR,1BA | $850 |
| The Vistas Apartment Homes | 2x1 Classic | 2BR,1BA | $919 |
| The Courts Apartment Homes | 2x1 Classic | 2BR,1BA | $919 |
| Live in Style at Bellagio East Living I: Convenient and Vibrant Community in Indianapolis | 1 Bed Elegance | 1BR,1BA | $925 |
| 60 - ADDISON APARTMENTS | Addison Apts - Gorgeous 2 Bed/1 Bath Apt | 2BR,1BA | $959 |
| Wyndham Hall | 1 Bedroom | 1BR,1BA | $1,081 |
Best Value Apartments for Rent in Eastside, IN
As of May 28, 2026 the best value apartment in the Eastside area is the $1.08 price per square foot The Mansion - 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Paragon Park | The Mansion - Three Bedroom Two Bath | 3BR,2BA | $1.08 |
| 7302 East Washington Street, Unit A | 7302 East Washington Street | Studio ,1.5BA | $1.04 |
| Glen Ridge Manor Townhomes and Flats (Indy Town) | Glen Ridge 2 Bedroom Townhome | 2BR,1BA | $0.94 |
| 60 - ADDISON APARTMENTS | Addison Apts - Gorgeous 2 Bed/1 Bath Apt | 2BR,1BA | $0.96 |
| The Vistas Apartment Homes | 2x1,5 Townhome Classic | 2BR,1.5BA | $1.10 |
| Wyndham Hall | 2 Bedroom | 2BR,1.5BA | $1.44 |
| Frederick Square | Frederick Square 2 bedroom | 2BR,1BA | $1.02 |
| Live in Style at Bellagio East Living I: Convenient and Vibrant Community in Indianapolis | 2 Bed Elegance | 2BR,1BA | $1.37 |
| The Courts Apartment Homes | 2x1 Classic | 2BR,1BA | $1.18 |
| Serenity Manor 55+ Independent Active Living | Studio | Studio ,1BA | $1.19 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleEastside, Indianapolis, IN
Ranked #229
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Eastside
What type of rentals are currently available in Eastside?
There are currently 120 Apartments for Rent in Eastside, IN with pricing that ranges from $575 to $1,775. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in Eastside ranging from $525 to $2,800.
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 $525 to $2,800 with an average monthly rent of $1,110.
How much are larger Three and Four Bedroom Rentals in Eastside?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Eastside range from $1,000 to $1,539, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,800. Four Bedroom Single-Family rentals are also available starting from $950 and Four Bedroom Apartments start at $1,775.
Expert Rental Resources
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.
Helpful Local Expert Guides

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.