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$595 - $930Studio to 2 Bedroom Apartments Available Now
The Sheldrake Apartments
2258 N Meridian StIndianapolis, IN 46208
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.
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Rent Specials
$629 - $949Studio to 2 Bedroom Apartments Available Now
Meridian Towers
3710 N Meridian StIndianapolis, IN 46208
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$684 - $1,3501 to 3 Bedroom Apartments Available Now
Union at 16th
2152 Emrich LnIndianapolis, IN 46222
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$720 - $1,684Studio to 4 Bedroom Apartments Available Now
34 North Apartments
3402 N Meridian StIndianapolis, IN 46208
1038 W Roache St
IndianapolisIN46208
1254 W 23rd St
IndianapolisIN46208
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$799 - $8992 Bedroom Apartments Available Now
The Star
3736 N Meridian StIndianapolis, IN 46208
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$799 - $1,2501 to 2 Bedroom Apartments Available Now
Parkway
3707 N Meridian StIndianapolis, IN 46208
1442 W Congress Ave
IndianapolisIN46208
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Studio to 1 Bedroom Apartments
Crown Point Apartments
245 W 38th StIndianapolis, IN 46208
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Studio to 3 Bedroom Apartments
Brownstone Apartments
3360 N Meridian StIndianapolis, IN 46208
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Studio to 2 Bedroom Apartments
Marblehead
3310 N Meridian StIndianapolis, IN 46208
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1 to 2 Bedroom Apartments
The Historic Bauer
3720 N Meridian StIndianapolis, IN 46208
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Studio to 3 Bedroom Apartments
PICCADILLY
28 E 16th StIndianapolis, IN 46202
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.
1344 Burdsal Pkwy
IndianapolisIN46208
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1 to 3 Bedroom Apartments
Oxmoor Indy
3640 N Meridian StIndianapolis, IN 46208
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1 Bedroom Apartments
Winston
3630 N Meridian StIndianapolis, IN 46208
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1 to 4 Bedroom Apartments
Admiral
3025 N Meridian StIndianapolis, IN 46208
3736 N Meridian St
IndianapolisIN46208
2831 N Kenwood Ave
IndianapolisIN46208
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1 Bedroom Apartments
1733 N. Meridian
1733 N Meridian StIndianapolis, IN 46202
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.
Showing Results 1-21, Page 1 of 1
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 | $925 | $595 | $1,399 |
| Near Northwest Riverside 1 Bedroom Apartments | $1,191 | $684 | $1,794 |
| Near Northwest Riverside 2 Bedroom Apartments | $1,425 | $820 | $2,139 |
| Near Northwest Riverside 3 Bedroom Apartments | $1,513 | $900 | $2,065 |
| Near Northwest Riverside 4 Bedroom Apartments | $1,534 | $720 | $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.
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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 |
| The Sheldrake Apartments | Studio Hybrid | Studio,1BA | $700 |
| 34 North Apartments | Four Bedroom | 4BR,2BA | $720 |
| Parkway | 1 Bedroom | 1BR,1BA | $799 |
Best Value Apartments for Rent in Near Northwest Riverside, IN
As of January 22, 2026 the best value apartment in the Near Northwest Riverside area is the $1.33 price per square foot Two Bed Two Bath Model at 2131 North in the in the Near North Indianapolis neighborhood starting from $1,525. The second greatest value Near Northwest Riverside apartment is the 3 Bed 2 Bath Model at Union at 16th starting at $1,250 with a $1.13 price per square foot in the Cheswick Place 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. |
|---|---|---|---|
| 2131 North | Two Bed Two Bath | 2BR,2BA | $1.33 |
| Union at 16th | 3 Bed 2 Bath | 3BR,2BA | $1.13 |
| The Star | 2 Bed | 2BR,1BA | $0.76 |
| Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $1.00 |
| St. James | One Bedroom | 1BR,1BA | $1.40 |
| CityView on Meridian | 1 Bedroom/1Bathroom 645 | 1BR,1BA | $1.51 |
| The Whitaker | One Bedroom | 1BR,1BA | $1.49 |
| Parkway | 1 Bedroom | 1BR,1BA | $1.43 |
| The Sheldrake Apartments | Studio Hybrid | Studio ,1BA | $1.54 |
| 34 North Apartments | Studio | Studio ,1BA | $1.61 |
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 $980.
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 $1,506.
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 6 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 $253 which is $1,253 cheaper than the average rent for all rentals in Near Northwest Riverside.
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.
Helpful Local Expert Guides
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.
Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
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My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.