Cheap Apartments for Rent in the Near Northwest Riverside Neighborhood of Indianapolis, IN from $300 (36 Rentals)

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

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 1472 W 32nd St

1472 W 32nd St

IndianapolisIN46208

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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34 North Apartments
Studio to 4 Bedroom Apartments

34 North Apartments

3402 N Meridian StIndianapolis, IN 46208
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Marblehead
Studio to 2 Bedroom Apartments

Marblehead

3310 N Meridian StIndianapolis, IN 46208
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The Historic Bauer
1 Bedroom Apartments

The Historic Bauer

3720 N Meridian StIndianapolis, IN 46208
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PICCADILLY
Studio to 1 Bedroom Apartments

PICCADILLY

28 E 16th StIndianapolis, IN 46202
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Oxmoor Indy
1 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 2 Bedroom Apartments

Admiral

3025 N Meridian StIndianapolis, IN 46208
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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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1733 N. Meridian
1 Bedroom Apartments

1733 N. Meridian

1733 N Meridian StIndianapolis, IN 46202
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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St. James
1 Bedroom Apartments

St. James

2102 N Meridian StIndianapolis, IN 46202
  • Utilities Included

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 Parkway priced from $625. Meridian Towers has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Near Northwest Riverside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
ParkwayStudioStudio,1BA$625
Meridian TowersStudio ApartmentStudio,1BA$695
Oxmoor Indy1BR/1.0BA1BR,1BA$699
205 - MERIDIAN PLAZA APARTMENTS1B LG1BR,1BA$764
The Star2 Beds, 1 Baths2BR,1BA$799
The WhitakerOne Bedroom1BR,1BA$845
Abney Lake1 Bedroom1BR,1BA$864
CityView on Meridian1 Bedroom/1Bathroom 6151BR,1BA$950
River West FlatsStudioStudio,1BA$999
Union at 16th1 Bed 1 Bath1BR,1BA$1,070

Best Value Apartments for Rent in Near Northwest Riverside, IN

As of June 19, 2025 the best value apartment in the Near Northwest Riverside area is the $1.06 price per square foot 1 Bedroom 1 Bath Model at The Block in the in the Riley neighborhood starting from $1,549. The second greatest value Near Northwest Riverside apartment is the 2 Beds, 1 Baths Model at The Star starting at $799 with a $0.76 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 Block1 Bedroom 1 Bath1BR,1BA$1.06
The Star2 Beds, 1 Baths2BR,1BA$0.76
The Parkview1 Bedrooms1BR,1BA$1.46
205 - MERIDIAN PLAZA APARTMENTS1B LG1BR,1BA$1.02
Oxmoor Indy1BR/1.0BA1BR,1BA$1.00
Abney Lake1 Bedroom Upgrade1BR,1BA$1.38
Union at 16th1 Bed 1 Bath1BR,1BA$1.58
CityView on Meridian1 Bedroom/1Bathroom 6451BR,1BA$1.55
The WhitakerOne Bedroom1BR,1BA$1.41
ParkwayStudioStudio ,1BA$1.55

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Pet Friendly Lifestyle
Near Northwest Riverside, Indianapolis, IN

Ranked #61

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

Pet Friendliness Lifestyle Score

3.5
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 $1,070.

What is the price of a cheap apartment in Near Northwest Riverside?

The cheapest apartment in Near Northwest Riverside is Parkway which is listed at $699, while the average apartment in Near Northwest Riverside costs $1,829.

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 36 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 $239 which is $1,590 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.

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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.

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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.