Cheap Homes for Rent in Eastside Neighborhood of Indianapolis, IN from $500 (22 Rentals)

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

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.

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.

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.

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. Serenity Manor 55+ Independent Active Living has the second lowest priced unit, which is a Studio apartment currently listed from $715. Here are the most affordable Eastside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Aerie on 11th Street2 Bedroom 1 Bath - 203292BR,1BA$700
Serenity Manor 55+ Independent Active LivingStudioStudio,1BA$715
The Courts Apartment Homes1 Bedroom 1 Bath Apartment1BR,1BA$799
Kingston Square ApartmentsThe AshStudio,1BA$829
Indy Town ApartmentsFrederick Square 2 bedroom2BR,1BA$875

Best Value Apartments for Rent in Eastside, IN

As of September 18, 2025 the best value apartment in the Eastside area is the $1.16 price per square foot Three Bedroom Two Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,549. 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$1.16
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
60 - ADDISON APARTMENTS1st Floor Standard2BR,1BA$0.95
Indy Town ApartmentsFrederick Square 2 bedroom2BR,1BA$0.90
The Vistas Apartment Homes2 Bedroom 1.5 Bath Townhouse2BR,1.5BA$1.13
The Aerie on 11th Street2 Bedroom 1 Bath - 203492BR,1BA$0.87
Frederick SquareFrederick Square 2 bedroom2BR,1BA$0.99
Greenway ApartmentsGreenway 2 bedroom2BR,1BA$1.09
Serenity Manor 55+ Independent Active Living1 Bedroom/1 Bathroom1BR,1BA$1.22

Frequently Asked Questions about Eastside

What type of rentals are currently available in Eastside?

There are currently 117 Apartments for Rent in Eastside, IN with pricing that ranges from $650 to $1,699. There are also 120 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 $1,700.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.