When it comes to living in east delhi Laxmi nagar is the hub of students with lots of accommodations available for rent as well as paying guests in laxmi Nagar. Reason why people prefer living in laxmi nagar is because of it;s famous CA institutes that are famous among students . Laxmi nagar is not as posh as other parts of delhi and is bit congested but people who study near about are good even if they are not able to find pg at laxmi nagar that is not in congested area, because there preferences is study and not lifestyle.
However if you are looking for a decent place to live around laxmi nagar you can move to either mayur vihar for paying guest hostels or noida is not far as well specially after being connected by metro. But houses there will be little expensive then laxmi nagar. Many of students are moving to vaishali & indrapuram to look around for paying guest houses and it’s the area that is clean, recently developed and is easy to commute to.
You can easily find a pg for girl in a budget of 2500 without food and 4000 with food and in the same price band for a boys pg in laxmi nagar.However if you are looking for a better place you can opt for mayur vihar, noida or vaishali.