
Cheap Homes for Rent in Far Eastside Neighborhood of Indianapolis, IN from $600 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Far Eastside area of Indianapolis.


5013 N Kitley 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.

2238 Admiral Dr

6808 East 21st 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.
Far Eastside, Indianapolis, IN Local Guide

How much does it cost to rent a home in Far Eastside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Far Eastside 2 Bedroom Homes for Rent | $1,191 | $850 | $1,635 |
| Far Eastside 3 Bedroom Homes for Rent | $1,657 | $1,149 | $2,365 |
| Far Eastside 4 Bedroom Homes for Rent | $1,928 | $1,320 | $2,500 |
| Far Eastside 5 Bedroom Homes for Rent | $3,275 | $2,395 | $4,950 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Far Eastside Neighborhood of Indianapolis, IN.
Explore Indianapolis
Best Value Apartments for Rent in Far Eastside, IN
As of June 12, 2026 the best value apartment in the Far Eastside area is the $1.07 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 $1,395. The second greatest value Far 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 Far Eastside apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shadeland Terrace Townhomes w/Full Basements | 2 BR / 1.5 BA | 2BR,1.5BA | $1.07 |
| 7302 East Washington Street, Unit A | 7302 East Washington Street | Studio ,1.5BA | $1.04 |
| Brookhaven Apartments | 2 Bed 1 Bath | 2BR,1BA | $0.89 |
| Postbrook East Apartments | 3 bd F Remod | 3BR,1BA | $1.07 |
| The Lenox Apartment Homes | The Bedford - Renovated | 2BR,2BA | $1.19 |
| 60 - ADDISON APARTMENTS | Addison Apts - Gorgeous 2 Bed/1 Bath Apt | 2BR,1BA | $0.96 |
| Lawrence Landing | One Bedroom | 1BR,1BA | $1.10 |
| Serenity Park Apartments | NOW LEASING – NEW MANAGEMENT – APARTMENTS GOING... | 2BR,1BA | $1.16 |
| Cumberland Manor | 2 Bedroom 1 Bath | 2BR,1BA | $1.20 |
| Serenity Manor 55+ Independent Active Living | Studio | Studio ,1BA | $1.10 |
Frequently Asked Questions about Far Eastside
What type of rentals are currently available in Far Eastside?
There are currently 121 Apartments for Rent in Far Eastside, IN with pricing that ranges from $649 to $3,570. There are also 117 Single Family Homes for rent, Condos, and Townhome rentals currently available in Far Eastside ranging from $650 to $4,950.
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 $650 to $4,950 with an average monthly rent of $1,773.
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 $1,165 to $3,570, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,149 to $2,365. Four Bedroom Single-Family rentals are also available starting from $1,320 and Four Bedroom Apartments start at $1,470.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.