Cheap Homes for Rent in Near Eastside Neighborhood of Indianapolis, IN from $500 (46 Rentals)

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

Near Eastside

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

property at 840 N Rural St

840 N Rural St

IndianapolisIN46201
property at 1106 N Gale St

1106 N Gale 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 $797. Line Lofts has the second lowest priced unit, which is a 2 Beds apartment currently listed from $962. 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$797
Line LoftsThe Inspiration 60% HOME2BR,1BA$962
Artistry IndyEdie (EcoSuite)Studio,1BA$978
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 Bedroom Townhome2BR,1BA$1,032
Minnie Hartmann CenterThe Lillie 50%2BR,1BA$1,092
WesmontOne Bedroom - Four on Six (Workforce - 60% AMI)1BR,1BA$1,149
The AssemblyCylinder - Workforce1BR,1BA$1,175
Gathyr ApartmentsBatesStudio,1BA$1,199
Rise on MeridianThe AmeliaStudio,1BA$1,205
Industry IndianapolisStudio - SaStudio,1BA$1,341

Best Value Apartments for Rent in Near Eastside, IN

As of April 13, 2025 the best value apartment in the Near Eastside area is the $1.24 price per square foot 3 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $2,199. The second greatest value Near Eastside apartment is the Glen Ridge 2 Bedroom Townhome Model at Glen Ridge Manor Townhomes and Flats starting at $1,032 with a $0.89 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.
The Block3 Bedroom 2 Bath3BR,2BA$1.24
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 Bedroom Townhome2BR,1BA$0.89
1956 Cornell Ave1956 Cornell Ave2BR,1.5BA$1.67
Line LoftsThe Inspiration 60%2BR,1BA$1.42
Minnie Hartmann CenterThe Alma 50%2BR,1BA$1.37
Courts Apartments2 Bedroom 1 Bathroom Apartment2BR,1BA$1.02
PinnexA11BR,1BA$2.09
The AssemblySprocket1BR,1BA$2.24
WesmontStudio - Bumping on SunsetStudio ,1BA$2.17
Gathyr ApartmentsBevilleStudio ,1BA$2.44

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 $500 to $8,137. There are also 107 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near Eastside ranging from $595 to $3,750.

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 $3,750 with an average monthly rent of $1,354.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.