Cheap Apartments for Rent in the Riverside Neighborhood of Elkhart, IN from $500 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Riverside area of Elkhart.

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.

property at 119 N 3rd St

119 N 3rd St

ElkhartIN46516

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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Highland
1 to 3 Bedroom Apartments

Highland

1875 Osolo RdElkhart, IN 46514

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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Water Tower Place
1 to 3 Bedroom Apartments

Water Tower Place

320 La Salle StElkhart, IN 46516
Senior Living
  • Utilities Included

Riverside, Elkhart, IN Local Guide

Cheapest Available Riverside Apartments for Rent

 

The cheapest available apartment rental in the Riverside area of South Bend, IN is a 1 Bed unit found at Avalon West Apartment Homes priced from $754. Northway Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable Riverside apartments for rent in South Bend, IN:

Apartment ListingModel NameBed/BathPriced From
Avalon West Apartment Homes1B/1B-Up1BR,1BA$754
Northway Manor1 Bedroom A1BR,1BA$880
Woodwind Apartments1 BR/ 1 BA1BR,1BA$925
The Highlands ApartmentsOne Bedroom1BR,1BA$1,021
River Point West1/11BR,1BA$1,041

Best Value Apartments for Rent in Riverside, IN

As of June 16, 2025 the best value apartment in the Riverside area is the $1.24 price per square foot 2 Bedroom/ 2 Bath - Hunter's Pond Model at Hunter's Pond in the in the East Jackson neighborhood starting from $1,325. The second greatest value Riverside apartment is the The Walnut Model at Walnut Trails Apartments starting at $1,106 with a $1.07 price per square foot in the East Jackson neighborhood. Here is today’s list of the best values for Riverside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hunter's Pond2 Bedroom/ 2 Bath - Hunter's Pond2BR,2BA$1.24
Walnut Trails ApartmentsThe Walnut2BR,2BA$1.07
River Point West1/11BR,1BA$1.13
York Woods CenterCorporate with Loft1BR,1BA$2.08
Maple Lane ApartmentsMaple Ridge B1BR,1BA$1.63
The Highlands ApartmentsOne Bedroom1BR,1BA$1.41
Avalon West Apartment Homes1B/1B-Up1BR,1BA$1.16
Northway Manor1 Bedroom A1BR,1BA$1.53
Woodwind Apartments1 BR/ 1 BA1BR,1BA$1.68

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Riverside, Elkhart, IN

Ranked #16

Among neighborhoods in Elkhart, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Riverside, Elkhart, and the greater South Bend area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Riverside Neighborhood in Elkhart, IN

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap Riverside Apartments

How much is rent for a Cheap One Bedroom Riverside Apartment?

The lowest price for a Cheap One Bedroom Riverside Apartment is $754 at Avalon West Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Riverside Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Riverside is starting from $1,050 at Woodwind Apartments.

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.

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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.

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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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.