Cheap Homes for Rent in Near Eastside Neighborhood of Indianapolis, IN from $500 (58 Rentals)

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

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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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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 The Courts Apartment Homes priced from $799. Hopeside I has the second lowest priced unit, which is a 2 Beds apartment currently listed from $852. Here are the most affordable Near Eastside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Courts Apartment Homes1x1 Classic1BR,1BA$799
Hopeside I2.2-40%-H2BR,2BA$852
Glen Ridge Manor Townhomes and Flats (Indy Town)Glen Ridge 2 Bedroom Townhome2BR,1BA$926
Minnie Hartmann CenterThe Lucy 40%2BR,1BA$931
Gathyr ApartmentsBellStudio,1BA$999
Line LoftsThe Inspiraton 50%2BR,1BA$1,062
WesmontStudio - Bumping on SunsetStudio,1BA$1,099
The AssemblySprocket1BR,1BA$1,450

Best Value Apartments for Rent in Near Eastside, IN

As of December 30, 2025 the best value apartment in the Near Eastside 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 Near Eastside 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 Near Eastside 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
Glen Ridge Manor Townhomes and Flats (Indy Town)Glen Ridge 2 Bedroom Townhome2BR,1BA$0.80
Line LoftsThe Intuition 60%2BR,1BA$1.53
Hopeside I2.2-40%2BR,2BA$0.93
Minnie Hartmann CenterThe Alma 50%2BR,1BA$1.48
The AssemblyCylinder1BR,1BA$2.40
WesmontStudio - Bumping on SunsetStudio ,1BA$1.91
The Courts Apartment Homes1x1 Classic1BR,1BA$1.45
Gathyr ApartmentsCapitolStudio ,1BA$2.15

Frequently Asked Questions about Near Eastside

What type of rentals are currently available in Near Eastside?

There are currently 110 Apartments for Rent in Near Eastside, IN with pricing that ranges from $563 to $4,414. There are also 191 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near Eastside ranging from $500 to $4,500.

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

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 $950 to $4,414, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,300. 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.

Helpful Local Expert Guides

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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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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.

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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.

Articles, How-To's, and Tips

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!