Cheap Homes for Rent in Near Eastside Neighborhood of Indianapolis, IN from $500 (43 Rentals)

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

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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.

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Cheapest Available Near Eastside Apartments for Rent

 

The cheapest available apartment rental in the Near Eastside area of Indianapolis, IN is a 1 Bed unit found at New Bridge priced from $809. Hopeside I has the second lowest priced unit, which is a 2 Beds apartment currently listed from $883. Here are the most affordable Near Eastside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
New Bridge1 Bed 1 Bath - The Queensboro1BR,1BA$809
Hopeside I2.2-40%-H2BR,2BA$883
The Courts Apartment Homes2x1 Classic2BR,1BA$919
412 N Bradley Ave2 Beds, 1 Baths2BR,1BA$950
Line LoftsThe Inspiraton 50%2BR,1BA$1,014
Glen Ridge Manor Townhomes and Flats (Indy Town)Glen Ridge 2 Bedroom Townhome2BR,1BA$1,062
Minnie HartmanThe Lillie 50%2BR,1BA$1,136
The AssemblySprocket1BR,1BA$1,399

Best Value Apartments for Rent in Near Eastside, IN

As of June 08, 2026 the best value apartment in the Near Eastside area is the $1.04 price per square foot #4 Model at 945 Woodruff Place Middle Drive in the in the Martindale neighborhood starting from $1,595. The second greatest value Near Eastside apartment is the 1134 N Dearborn St Model at 1134 N Dearborn St, Unit B starting at $1,350 with a $0.90 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Near Eastside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
945 Woodruff Place Middle Drive#42BR,1.5BA$1.04
1134 N Dearborn St, Unit B1134 N Dearborn St3BR,1BA$0.90
Glen Ridge Manor Townhomes and Flats (Indy Town)Glen Ridge 2 Bedroom Townhome2BR,1BA$0.92
3312 E 9th St, Unit 33123312 E 9th St3BR,2BA$1.27
Line LoftsThe Intuition 60%2BR,1BA$1.36
Hopeside I2.2-40%-H2BR,2BA$0.96
Minnie HartmanThe Lillie 60%2BR,1BA$1.34
The Courts Apartment Homes2x1 Classic2BR,1BA$1.18
412 N Bradley Ave2 Beds, 1 Baths2BR,1BA$1.36
New Bridge1 Bed 1 Bath - The Queensboro1BR,1BA$1.57

Frequently Asked Questions about Near Eastside

What type of rentals are currently available in Near Eastside?

There are currently 133 Apartments for Rent in Near Eastside, IN with pricing that ranges from $600 to $8,113. There are also 129 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near Eastside ranging from $500 to $3,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Near Eastside ranges from $500 to $3,500 with an average monthly rent of $1,305.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Near Eastside range from $850 to $3,090, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $1,095.

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

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Articles, How-To's, and Tips

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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.

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

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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.

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.