
Cheap Homes for Rent in the Indy East Neighborhood of Indianapolis, IN from $500 (37 Rentals)
Search the lowest-cost Homes available for rent right now in the Indy East area of Indianapolis.


320 N Sherman Dr

3123 E Michigan St

1538 N Grant Ave

415 N Oxford St

1106 N Gale St

1036 N Tuxedo St

1038 N Tuxedo St

628 N Oxford St
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

2209 E New York St

833 N Gladstone Ave

1306 N Chester Ave

943 N Drexel Ave

4310 E Michigan St

4312 E Michigan St

2827 E Brookside Ave

2909 E Brookside Ave

47 N Ewing St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1713 N Rural St

515 N Oxford St

3058 Brookside Pkwy N Dr, Unit 3058 Brookside Parkway N.

1909 N Colorado Ave

1531 N Grant Ave

3617 Brookside Pkwy S Dr

521 N Gladstone Ave, Unit B

521 N Gladstone Ave

314 N Denny St
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

1303 N Gladstone Ave

617 N Oxford St

4017 E 11th St

322 N Oakland Ave

3540 E Vermont St

1444 N Euclid Ave

1132 N Oxford St

2020 E Adams St

323 N Rural St
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!

621 Tecumseh St
Indy East, Indianapolis, IN Local Guide

How much does it cost to rent a home in Indy East?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indy East 2 Bedroom Homes for Rent | $1,141 | $595 | $1,600 |
| Indy East 3 Bedroom Homes for Rent | $1,415 | $925 | $2,075 |
| Indy East 4 Bedroom Homes for Rent | $1,863 | $1,295 | $2,399 |
| Indy East 5 Bedroom Homes for Rent | $1,825 | $1,750 | $1,900 |
Browse Homes for Rent in this Neighborhood
There are currently 37 rentals with your search options within a 1 mile radius of the Indy East Neighborhood of Indianapolis, IN.
Explore Indianapolis
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Courts Apartment Homes | 2x1 Classic | 2BR,1BA | $949 |
| Clifford Corners | 2 Beds, 1 Baths | 2BR,1BA | $1,150 |
| 418 Eastern Ave | 3 Beds, 1 Baths | 3BR,1BA | $1,325 |
| 945 Woodruff Place Middle Drive | #4 | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 246 N Beville Ave, Unit 1 | 246 N Beville Ave | 3BR,2BA | $0.75 |
| 945 Woodruff Place Middle Drive | #4 | 2BR,1.5BA | $0.98 |
| 418 Eastern Ave | 3 Beds, 1 Baths | 3BR,1BA | $1.31 |
| Minnie Hartman | The Stella 60% | 2BR,1BA | $1.38 |
| Clifford Corners | 2 Beds, 1 Baths | 2BR,1BA | $1.25 |
| The Courts Apartment Homes | 2x1 Classic | 2BR,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.
Helpful Local Expert Guides

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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.