Cheap Apartments for Rent in the Near Northwest Riverside Neighborhood of Indianapolis, IN from $400 (21 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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Marblehead
Studio to 2 Bedroom Apartments

Marblehead

3310 N Meridian StIndianapolis, IN 46208
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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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1733 N. Meridian
1 Bedroom Apartments

1733 N. Meridian

1733 N Meridian StIndianapolis, IN 46202
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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 $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 ListingModel NameBed/BathPriced From
Meridian TowersStudio ApartmentStudio,1BA$629
Oxmoor Indy1BR/1.0BA1BR,1BA$699
34 North ApartmentsStudioStudio,1BA$725
The Star2 Bed2BR,1BA$799
Parkway1 Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Star2 Bed2BR,1BA$0.76
205 - MERIDIAN PLAZA APARTMENTS*Meridian Plaza*2BR,1BA$0.92
2147 North Pennsylvania Street, Unit 2147 N Pennsylvania St. Unit B2147 North Pennsylvania Street2BR,1BA$1.73
The Parkview3041BR,1BA$1.46
2131 NorthOne Bedroom1BR,1BA$1.65
Oxmoor Indy1BR/1.0BA1BR,1BA$1.00
The WhitakerOne Bedroom1BR,1BA$1.49
Parkway1 Bedroom1BR,1BA$1.43
34 North ApartmentsStudioStudio ,1BA$1.61
Meridian TowersStudio ApartmentStudio ,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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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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Pet Friendly Lifestyle
Near Northwest Riverside, Indianapolis, IN

Ranked #133

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 $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.

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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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!