Cheap Homes for Rent in Near Eastside Neighborhood of Indianapolis, IN from $500 (42 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-42, Page 1 of 1

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 Hopeside I priced from $633. Colonial Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Near Eastside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Hopeside I2.2-30%-H2BR,2BA$633
Colonial Park1 Bed, 1 bath1BR,1BA$850
The Courts Apartment Homes2x1 Classic2BR,1BA$919
The AssemblyCylinder- Workforce1BR,1BA$999
Line LoftsThe Intuition 60%2BR,1BA$1,263
WesmontOne Bedroom - Four on Six1BR,1BA$1,349

Best Value Apartments for Rent in Near Eastside, IN

As of April 17, 2026 the best value apartment in the Near Eastside area is the $0.81 price per square foot 1121 N Dearborn St Model at 1121 N Dearborn St, Unit 1121 N Dearborn in the in the Martindale neighborhood starting from $1,100. The second greatest value Near Eastside apartment is the 605 N Rural St Model at 605 N Rural St, Unit 605 starting at $1,200 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.
1121 N Dearborn St, Unit 1121 N Dearborn1121 N Dearborn St2BR,1.5BA$0.81
605 N Rural St, Unit 605605 N Rural St3BR,1.5BA$0.90
3310 E 9th St, Unit 3310 E 9th3310 E 9th St3BR,2BA$2.18
Line LoftsThe Intuition 60%2BR,1BA$1.36
Hopeside I2.2-40%-H2BR,2BA$0.96
The Courts Apartment Homes2x1 Classic2BR,1BA$1.18
WesmontOne Bedroom - Four on Six1BR,1BA$1.80
The AssemblySprocket1BR,1BA$2.22
Colonial Park1 Bed, 1 bath1BR,1BA$1.55

Frequently Asked Questions about Near Eastside

What type of rentals are currently available in Near Eastside?

There are currently 117 Apartments for Rent in Near Eastside, IN with pricing that ranges from $649 to $3,465. There are also 153 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 $1,663.

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 $895 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $3,600. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $1,299.

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

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.

decorative image for Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters article

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.

decorative image for Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods article

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.

decorative image for Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home article

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.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.