Cheap Homes for Rent in the Indy East Neighborhood of Indianapolis, IN from $500 (37 Rentals)

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

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Indy East - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Cheapest Available Indy East Apartments for Rent

 

The cheapest available apartment rental in the Indy East area of Indianapolis, IN is a 2 Beds unit found at The Courts Apartment Homes priced from $949. Clifford Corners has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,150. Here are the most affordable Indy East apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Courts Apartment Homes2x1 Classic2BR,1BA$949
Clifford Corners2 Beds, 1 Baths2BR,1BA$1,150
418 Eastern Ave3 Beds, 1 Baths3BR,1BA$1,325
945 Woodruff Place Middle Drive#42BR,1BA$1,495

Best Value Apartments for Rent in Indy East, IN

As of July 31, 2026 the best value apartment in the Indy East area is the $0.75 price per square foot 246 N Beville Ave Model at 246 N Beville Ave, Unit 1 in the in the Indy East neighborhood starting from $1,500. The second greatest value Indy East apartment is the #4 Model at 945 Woodruff Place Middle Drive starting at $1,495 with a $0.98 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Indy East apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
246 N Beville Ave, Unit 1246 N Beville Ave3BR,2BA$0.75
945 Woodruff Place Middle Drive#42BR,1.5BA$0.98
418 Eastern Ave3 Beds, 1 Baths3BR,1BA$1.31
Minnie HartmanThe Stella 60%2BR,1BA$1.38
Clifford Corners2 Beds, 1 Baths2BR,1BA$1.25
The Courts Apartment Homes2x1 Classic2BR,1BA$1.22

Frequently Asked Questions about Indy East

What type of rentals are currently available in Indy East?

There are currently 80 Apartments for Rent in Indy East, IN with pricing that ranges from $699 to $9,405. There are also 116 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indy East ranging from $500 to $2,399.

What is the current price range for Rental Homes in Indy East?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Indy East ranges from $500 to $2,399 with an average monthly rent of $1,271.

How much are larger Three and Four Bedroom Rentals in Indy East?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Indy East range from $875 to $2,247, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $2,075. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $1,599.

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.

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