Cheap Homes for Rent in Indy East Neighborhood of Indianapolis, IN from $500 (30 Rentals)

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

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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-30, Page 1 of 1

Cheapest Available Indy East Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
The Courts Apartment Homes1x1 Classic1BR,1BA$799
Minnie Hartmann CenterThe Lucy 40%2BR,1BA$931

Best Value Apartments for Rent in Indy East, IN

As of December 26, 2025 the best value apartment in the Indy East area is the $0.93 price per square foot 1134 N Dearborn St Model at 1134 N Dearborn St, Unit B in the in the Martindale neighborhood starting from $1,400. The second greatest value Indy East apartment is the 1205 N Grant Ave Model at 1205 N Grant Ave starting at $1,400 with a $1.12 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.
1134 N Dearborn St, Unit B1134 N Dearborn St3BR,1BA$0.93
1205 N Grant Ave1205 N Grant Ave2BR,1.5BA$1.12
Minnie Hartmann CenterThe Alma 50%2BR,1BA$1.48
The Courts Apartment Homes1x1 Classic1BR,1BA$1.45

Frequently Asked Questions about Indy East

What type of rentals are currently available in Indy East?

There are currently 69 Apartments for Rent in Indy East, IN with pricing that ranges from $695 to $1,650. There are also 123 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indy East ranging from $500 to $4,500.

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 $4,500 with an average monthly rent of $1,545.

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 $950 to $1,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,475 and Four Bedroom Apartments start at $895.

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

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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 Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.