Cheap Apartments for Rent in the Near NW Riverside Neighborhood of Indianapolis, IN from $300 (37 Rentals)

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

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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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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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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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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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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Victoria Apartments
Studio Apartments

Victoria Apartments

1244 N Illinois StIndianapolis, IN 46202
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Campus Townhomes
2 Bedroom Apartments

Campus Townhomes

531 Ransom StIndianapolis, IN 46202
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Stonegate Apartments
Studio to 3 Bedroom Apartments

Stonegate Apartments

1220-1226 N Illinois StIndianapolis, IN 46202
  • Utilities Included

Near NW 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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St. James
1 Bedroom Apartments

St. James

2102 N Meridian StIndianapolis, IN 46202
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Showing Results 1-37, Page 1 of 1

Cheapest Available Near NW Riverside Apartments for Rent

 

The cheapest available apartment rental in the Near NW Riverside area of Indianapolis, IN is a Studio unit found at The Stella priced from $393. Vivio on Tenth has the second lowest priced unit, which is a 4 Beds apartment currently listed from $600. Here are the most affordable Near NW Riverside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The StellaVega 30%Studio,1BA$393
Vivio on TenthPer Bedroom - 4x2 D2 1158sf4BR,2BA$600
Oxmoor Indy1BR/1.0BA1BR,1BA$699
Meridian TowersStudio ApartmentStudio,1BA$699
The Sheldrake Apartments1 Bedroom With Den1BR,1BA$875
St. JamesOne Bedroom - Sublevel1BR,1BA$980
Riverside Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1,050
Union at 16th1 Bed 1 Bath1BR,1BA$1,070
Ralston ApartmentsMagnolia1BR,1BA$1,083
Indiana Flats and Townhomes2 x 12BR,1BA$1,095

Best Value Apartments for Rent in Near NW Riverside, IN

As of June 04, 2025 the best value apartment in the Near NW 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 $1,539. The second greatest value Near NW Riverside apartment is the 7178B1 Traditional 2x2 (1100 sqft) Model at Mansion Row - Where Historic Charm Meets Modern starting at $1,299 with a $1.18 price per square foot in the Cheswick Place neighborhood. Here is today’s list of the best values for Near NW Riverside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Block1 Bedroom 1 Bath1BR,1BA$1.06
Mansion Row - Where Historic Charm Meets Modern7178B1 Traditional 2x2 (1100 sqft)2BR,2BA$1.18
Riverside Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1.17
The Sheldrake Apartments1 Bedroom With Den1BR,1BA$1.17
Indiana Flats and Townhomes2 x 1 Townhome2BR,1BA$1.63
River West Flats1 Bedroom 1 Bathroom1BR,1BA$1.57
Oxmoor Indy1BR/1.0BA1BR,1BA$1.00
Temple LoftsFlats - 2.12BR,1BA$1.74
Illinois Street Senior Apartments1BR 1A 60%1BR,1BA$1.68
Union at 16th1 Bed 1 Bath1BR,1BA$1.58

Getting Around the Near NW Riverside Neighborhood in Indianapolis, IN

Walk Score®

43 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Near NW Riverside Apartments

What is the Cheapest Studio apartment in Near NW Riverside?

Currently the most affordable Cheap Studio Apartment in Near NW Riverside is at The Stella listed at $393.

How much is rent for a Cheap One Bedroom Near NW Riverside Apartment?

The lowest price for a Cheap One Bedroom Near NW Riverside Apartment is $398 at The Stella.

What is the lowest price for a Cheap Two Bedroom Near NW Riverside Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Near NW Riverside is starting from $483 at The Stella.

What is the most affordable Near NW Riverside Three Bedroom Apartment?

The best deal on a cheap Near NW Riverside Three Bedroom Apartment rental is at Union at 16th and starts from $1,485.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.