
Cheap Apartments for Rent in the Near Northwest Riverside Neighborhood of Indianapolis, IN from $400 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near Northwest Riverside area of Indianapolis.


Meridian Towers

1344 Burdsal Pkwy

1344 Burdsal Pkwy

34 North Apartments

1038 W Roache St
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1442 W Congress Ave
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3736 N Meridian St

2831 N Kenwood Ave

3707 N Meridian St
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Near Northwest Riverside, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Near Northwest Riverside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Near Northwest Riverside Studio Apartments | $1,024 | $595 | $1,399 |
| Near Northwest Riverside 1 Bedroom Apartments | $1,200 | $699 | $1,990 |
| Near Northwest Riverside 2 Bedroom Apartments | $1,592 | $820 | $2,364 |
| Near Northwest Riverside 3 Bedroom Apartments | $1,578 | $975 | $2,065 |
| Near Northwest Riverside 4 Bedroom Apartments | $1,695 | $1,299 | $2,435 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Near Northwest Riverside Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Near Northwest Riverside, Indianapolis, IN Local Guide
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Cheapest Available Near Northwest Riverside Apartments for Rent
 The cheapest available apartment rental in the Near Northwest Riverside area of Indianapolis, IN is a Studio unit found at Meridian Towers priced from $629. Oxmoor Indy has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable Near Northwest Riverside apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meridian Towers | Studio Apartment | Studio,1BA | $629 |
| Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $699 |
| 34 North Apartments | Studio | Studio,1BA | $725 |
| The Star | 2 Bed | 2BR,1BA | $799 |
| Parkway | 1 Bedroom | 1BR,1BA | $799 |
Best Value Apartments for Rent in Near Northwest Riverside, IN
As of December 08, 2025 the best value apartment in the Near Northwest Riverside area is the $0.76 price per square foot 2 Bed Model at The Star in the in the Martindale neighborhood starting from $799. The second greatest value Near Northwest Riverside apartment is the *Meridian Plaza* Model at 205 - MERIDIAN PLAZA APARTMENTS starting at $915 with a $0.92 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Near Northwest Riverside apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Star | 2 Bed | 2BR,1BA | $0.76 |
| 205 - MERIDIAN PLAZA APARTMENTS | *Meridian Plaza* | 2BR,1BA | $0.92 |
| 2147 North Pennsylvania Street, Unit 2147 N Pennsylvania St. Unit B | 2147 North Pennsylvania Street | 2BR,1BA | $1.73 |
| The Parkview | 304 | 1BR,1BA | $1.46 |
| 2131 North | One Bedroom | 1BR,1BA | $1.65 |
| Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $1.00 |
| The Whitaker | One Bedroom | 1BR,1BA | $1.49 |
| Parkway | 1 Bedroom | 1BR,1BA | $1.43 |
| 34 North Apartments | Studio | Studio ,1BA | $1.61 |
| Meridian Towers | Studio Apartment | Studio ,1BA | $1.72 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleQuick 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.
Pet Friendly LifestyleNear Northwest Riverside, Indianapolis, IN
Ranked #133
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Near Northwest Riverside Apartments
What is a cheap apartment in Near Northwest Riverside?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near Northwest Riverside is under $1,099.
What is the price of a cheap apartment in Near Northwest Riverside?
The cheapest apartment in Near Northwest Riverside is Oxmoor Indy which is listed at $699, while the average apartment in Near Northwest Riverside costs $1,677.
What types of apartments are the cheapest in Near Northwest Riverside?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 35 regular apartments in Near Northwest Riverside that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Near Northwest Riverside?
Cheap apartments in Near Northwest Riverside have an average cost of $369 which is $1,308 cheaper than the average rent for all rentals in Near Northwest Riverside.
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.

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!










