Cheap Homes for Rent in Near Eastside Neighborhood of Indianapolis, IN from $500 (33 Rentals)

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

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.

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.

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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property at 1411 N Olney St

1411 N Olney St

IndianapolisIN46201

Cheapest Available Near Eastside Apartments for Rent

 

The cheapest available apartment rental in the Near Eastside area of Indianapolis, IN is a 2 Beds unit found at Courts Apartments priced from $700. Hopeside I has the second lowest priced unit, which is a 2 Beds apartment currently listed from $745. Here are the most affordable Near Eastside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Courts Apartments2 Bedroom 1 Bathroom Apartment2BR,1BA$700
Hopeside I2.2-50%2BR,2BA$745
Minnie Hartmann CenterThe Lucy 40%2BR,1BA$931
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 Bedroom Townhome2BR,1BA$932
Line LoftsThe Inspiration 50%2BR,1BA$1,180
Gathyr ApartmentsBevilleStudio,1BA$1,199
WesmontStudio - Bumping on SunsetStudio,1BA$1,249
Monon LoftsTandem2BR,2BA$1,475

Best Value Apartments for Rent in Near Eastside, IN

As of June 23, 2025 the best value apartment in the Near Eastside area is the $1.32 price per square foot 1613 Nowland Ave Model at 1613 Nowland Ave, Unit B in the in the Martindale neighborhood starting from $1,900. The second greatest value Near Eastside apartment is the 1641 E Michigan St Model at 1641 E Michigan St, Unit C starting at $1,550 with a $1.31 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.
1613 Nowland Ave, Unit B1613 Nowland Ave2BR,2.5BA$1.32
1641 E Michigan St, Unit C1641 E Michigan St2BR,1BA$1.31
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 Bedroom Townhome2BR,1BA$0.80
1920 E Washington St, Unit 201920 E Washington St3BR,1.5BA$1.18
Monon LoftsRoadster2BR,2BA$1.53
Line LoftsThe Inspiration 60%2BR,1BA$1.53
Hopeside I2.2-50%2BR,2BA$0.81
Minnie Hartmann CenterThe Alma 50%2BR,1BA$1.48
Courts Apartments2 Bedroom 1 Bathroom Apartment2BR,1BA$0.90
WesmontStudio - Bumping on SunsetStudio ,1BA$2.17

Frequently Asked Questions about Near Eastside

What type of rentals are currently available in Near Eastside?

There are currently 111 Apartments for Rent in Near Eastside, IN with pricing that ranges from $325 to $3,870. There are also 113 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near Eastside ranging from $595 to $3,150.

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 $595 to $3,150 with an average monthly rent of $1,633.

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 $1,010 to $3,870, while Three Bedroom Homes, Condos, and Townhomes for rent range from $899 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $1,900.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.