Cheap Apartments for Rent in the Near Northwest Riverside Neighborhood of Indianapolis, IN from $400 (46 Rentals)

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

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property at 3450 Graceland Ave

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075
Total Monthly Price
$1,075

3 Bedroom, 1 Bath Townhome for Rent

Available Now

3450 Graceland Ave

IndianapolisIN46208

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Marblehead
Studio to 2 Bedroom Apartments

Marblehead

3310 N Meridian StIndianapolis, IN 46208
  • Utilities Included
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The Historic Bauer
1 to 2 Bedroom Apartments

The Historic Bauer

3720 N Meridian StIndianapolis, IN 46208
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PICCADILLY
Studio to 3 Bedroom Apartments

PICCADILLY

28 E 16th StIndianapolis, IN 46202
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Oxmoor Indy
1 to 3 Bedroom Apartments

Oxmoor Indy

3640 N Meridian StIndianapolis, IN 46208
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Winston
1 Bedroom Apartments

Winston

3630 N Meridian StIndianapolis, IN 46208
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Admiral
1 to 4 Bedroom Apartments

Admiral

3025 N Meridian StIndianapolis, IN 46208
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Meridian Plaza
1 to 2 Bedroom Apartments

Meridian Plaza

3726 N Meridian StIndianapolis, IN 46208

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.

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The Meridian
Studio to 2 Bedroom Apartments

The Meridian

1 E 36th StIndianapolis, IN 46205
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The Whitaker
1 to 2 Bedroom Apartments

The Whitaker

1504 N Pennsylvania StIndianapolis, IN 46202
  • Utilities Included

Near Northwest Riverside - One of the Best Affordable Neighborhoods in Indianapolis

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

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Magnolia Living
Studio to 2 Bedroom Apartments

Magnolia Living

3330-3340 N Meridian StIndianapolis, IN 46208
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St. James
Studio to 2 Bedroom Apartments

St. James

2102 N Meridian StIndianapolis, IN 46202
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property at 538 W 29th St

$1,099 - $1,349

2 To 3 Bedroom Rentals

Available Now

538 W 29th St

IndianapolisIN46208

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-46, Page 1 of 1

Near Northwest Riverside, Indianapolis, IN Local Guide

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 $599. 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 ListingModel NameBed/BathPriced From
Meridian TowersStudio ApartmentStudio,1BA$599
Oxmoor Indy1BR/1.0BA1BR,1BA$699
The Sheldrake ApartmentsStudio HybridStudio,1BA$705
34 North ApartmentsStudioStudio,1BA$725
1733 N. Meridian1BR1BR,1BA$780
Parkway1 Bedroom1BR,1BA$799
The Star2 Bed2BR,1BA$799
The MeridianThe Boulevard1BR,1BA$849
Parkview Apartments LLC1 Bedroom 1 Bath - 350881BR,1BA$865
CityView on Meridian1 Bedroom/1Bathroom 6151BR,1BA$929

Best Value Apartments for Rent in Near Northwest Riverside, IN

As of July 23, 2026 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 3BR/1.0BA Model at Oxmoor Indy starting at $999 with a $1.00 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Star2 Bed2BR,1BA$0.76
Oxmoor Indy3BR/1.0BA3BR,1BA$1.00
The MeridianThe Boulevard1BR,1BA$1.12
1733 N. Meridian1BR1BR,1BA$1.04
CityView on Meridian1 Bedroom/1Bathroom 6151BR,1BA$1.51
Parkway1 Bedroom1BR,1BA$1.43
Parkview Apartments LLC0 Bedroom 1 Bath - 35087Studio ,1BA$1.56
The Sheldrake ApartmentsStudio HybridStudio ,1BA$1.55
34 North ApartmentsStudioStudio ,1BA$1.61
Meridian TowersStudio ApartmentStudio ,1BA$1.64

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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Your 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

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Near Northwest Riverside, Indianapolis, IN

Ranked #132

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 $929.

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 $1,775.

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 12 regular apartments in Near Northwest Riverside that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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