1043 N Holmes Ave
IndianapolisIN46222
Cheap Apartments for Rent in the Near NW Riverside Neighborhood of Indianapolis, IN from $400 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near NW Riverside area of Indianapolis.
close
View Me
$595 - $930Studio to 2 Bedroom Apartments Contact Us For Availability
The Sheldrake Apartments
2258 N Meridian StIndianapolis, IN 46208
close
View Me
Rent Specials
$629 - $949Studio to 2 Bedroom Apartments Available Now
Meridian Towers
3710 N Meridian StIndianapolis, IN 46208
close
View Me
$665 - $925Studio to 1 Bedroom Apartments Contact Us For Availability
Dunbar Court
1022 Dr Martin Luther King StIndianapolis, IN 46202
close
View Me
$684 - $1,3501 to 3 Bedroom Apartments Available Now
Union at 16th
2152 Emrich LnIndianapolis, IN 46222
close
View Me
$725 - $879Studio Apartments Available Now
34 North Apartments
3402 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.
close
View Me
$765 - $789Studio Apartments Available Now
St. Agnes Apartments
1350 N Meridian StIndianapolis, IN 46202
close
View Me
$799 - $8992 Bedroom Apartments Available Now
The Star
3736 N Meridian StIndianapolis, IN 46208
1206 Edgemont Ave
IndianapolisIN46208
close
View Me
Studio to 1 Bedroom Apartments
Crown Point Apartments
245 W 38th StIndianapolis, IN 46208
close
View Me
Studio to 3 Bedroom Apartments
Brownstone Apartments
3360 N Meridian StIndianapolis, IN 46208
close
View Me
Studio to 2 Bedroom Apartments
Marblehead
3310 N Meridian StIndianapolis, IN 46208
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.
close
View Me
1 to 2 Bedroom Apartments
The Historic Bauer
3720 N Meridian StIndianapolis, IN 46208
close
View Me
1 to 3 Bedroom Apartments
Oxmoor Indy
3640 N Meridian StIndianapolis, IN 46208
close
View Me
1 Bedroom Apartments
Winston
3630 N Meridian StIndianapolis, IN 46208
close
View Me
1 to 2 Bedroom Apartments
1 & 2 Bedroom Apartments in Downtown Indianapolis - Meridian Plaza Awaits You!
3726 N Meridian StIndianapolis, IN 46208
316.5 W 29th St
IndianapolisIN46208
2805 Boulevard Pl
IndianapolisIN46208
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.
close
View Me
Studio Apartments
Victoria Apartments
1244 N Illinois StIndianapolis, IN 46202
close
View Me
1 to 2 Bedroom Apartments
Canal Gardens
1249 Dr Martin Luther King Jr StIndianapolis, IN 46202
Showing Results 1-20, Page 1 of 1
Near NW Riverside, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Near NW Riverside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Near NW Riverside Studio Apartments | $813 | $595 | $1,391 |
| Near NW Riverside 1 Bedroom Apartments | $1,230 | $684 | $1,890 |
| Near NW Riverside 2 Bedroom Apartments | $1,560 | $899 | $2,557 |
| Near NW Riverside 3 Bedroom Apartments | $1,860 | $1,100 | $2,344 |
| Near NW Riverside 4 Bedroom Apartments | $1,124 | $979 | $3,496 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Near NW Riverside Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Let everyone know!
Do you know the Near NW Riverside area?
If you’re an expert on all things Near NW Riverside, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 Meridian Towers priced from $629. Union at 16th has the second lowest priced unit, which is a 1 Bed apartment currently listed from $684. Here are the most affordable Near NW Riverside apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meridian Towers | Studio Apartment | Studio,1BA | $629 |
| Union at 16th | 1 Bed 1 Bath | 1BR,1BA | $684 |
| Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $699 |
| 34 North Apartments | Studio | Studio,1BA | $725 |
| St. Agnes Apartments | Studio- Standard 2nd -5th* | Studio,1BA | $765 |
Best Value Apartments for Rent in Near NW Riverside, IN
As of March 14, 2026 the best value apartment in the Near NW Riverside area is the $1.13 price per square foot 3 Bed 2 Bath Model at Union at 16th in the in the Cheswick Place neighborhood starting from $1,250. The second greatest value Near NW Riverside apartment is the 7178B1 Traditional 2x2 (1100 sqft) Model at Mansion Row - Where Historic Charm Meets Modern Convenience! starting at $1,367 with a $1.24 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Union at 16th | 3 Bed 2 Bath | 3BR,2BA | $1.13 |
| Mansion Row - Where Historic Charm Meets Modern Convenience! | 7178B1 Traditional 2x2 (1100 sqft) | 2BR,2BA | $1.24 |
| The Star | 2 Bed | 2BR,1BA | $0.76 |
| Canal Gardens | 2.1 40% | 2BR,1BA | $0.93 |
| The Riverside Apartment Homes | 2x1 Renovated | 2BR,1BA | $1.42 |
| Drake Street Garden Homes | Two Bedroom | 2BR,1BA | $1.30 |
| St. James | One Bedroom | 1BR,1BA | $1.40 |
| River West Flats | One Bedroom One Bath - The Driftwood | 1BR,1BA | $1.68 |
| 34 North Apartments | Studio | Studio ,1BA | $1.61 |
| Meridian Towers | Studio Apartment | Studio ,1BA | $1.72 |
Frequently Asked Questions about Cheap Near NW Riverside Apartments
What is a cheap apartment in Near NW Riverside?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near NW Riverside is under $1,079.
What is the price of a cheap apartment in Near NW Riverside?
The cheapest apartment in Near NW Riverside is Union at 16th which is listed at $684, while the average apartment in Near NW Riverside costs $2,065.
What types of apartments are the cheapest in Near NW 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 NW 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 NW Riverside?
Cheap apartments in Near NW Riverside have an average cost of $416 which is $1,649 cheaper than the average rent for all rentals in Near NW 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
Written by: Wendy Melton
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.
Articles, How-To's, and Tips
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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.