Cheap Homes for Rent in Far Eastside Neighborhood of Indianapolis, IN from $700 (24 Rentals)

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

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property at 404 N Harbison Ave

$1,000

1 Bedroom, 1 Bath Home for Rent

Available Jan 1, 2026

404 N Harbison Ave

IndianapolisIN46219

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Cheapest Available Far Eastside Apartments for Rent

 

The cheapest available apartment rental in the Far Eastside area of Indianapolis, IN is a Studio unit found at Olivewood priced from $699. 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 Far Eastside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
OlivewoodStudioStudio,1BA$699
Serenity Manor 55+ Independent Active LivingStudioStudio,1BA$715
Franklin StudiosStudioStudio,1BA$725
Autumn Trails ApartmentsThe MapleStudio,1BA$749
Serenity Park ApartmentsSerenity Park - Cozy, Convenient, and Priced Ri...1BR,1BA$769

Best Value Apartments for Rent in Far Eastside, IN

As of December 17, 2025 the best value apartment in the Far Eastside area is the $0.81 price per square foot 2 BR / 1.5 BA Model at Shadeland Terrace Townhomes w/Full Basements in the in the Southeast Indianapolis neighborhood starting from $1,050. The second greatest value Far Eastside apartment is the Two Bedroom 1.5 Bath Model at Paragon Park starting at $1,199 with a $0.98 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Far Eastside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Shadeland Terrace Townhomes w/Full Basements2 BR / 1.5 BA2BR,1.5BA$0.81
Paragon ParkTwo Bedroom 1.5 Bath2BR,1.5BA$0.98
7302 East Washington Street, Unit A7302 East Washington StreetStudio ,1.5BA$1.04
Brookhaven Apartments2 Bed 1 Bath2BR,1BA$0.91
60 - ADDISON APARTMENTSLeasing Specials2BR,1BA$0.95
Apartments @ Marten Court2x1 with washer/dryer2BR,1BA$1.15
Lawrence LandingOne Bedroom1BR,1BA$1.10
Bristol Square1 Bedroom Loft1BR,1.5BA$1.06
Timber Point ApartmentsThe Ayers1BR,1BA$1.18
Serenity Manor 55+ Independent Active Living1 Bedroom/1 Bathroom1BR,1BA$1.22

Frequently Asked Questions about Far Eastside

What type of rentals are currently available in Far Eastside?

There are currently 118 Apartments for Rent in Far Eastside, IN with pricing that ranges from $699 to $2,921. There are also 204 Single Family Homes for rent, Condos, and Townhome rentals currently available in Far Eastside ranging from $775 to $2,739.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Far Eastside ranges from $775 to $2,739 with an average monthly rent of $1,379.

How much are larger Three and Four Bedroom Rentals in Far Eastside?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Far Eastside range from $1,170 to $1,999, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $1,430.

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.

Articles, How-To's, and Tips

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!