Cheap Apartments for Rent in the Near NW Riverside Neighborhood of Indianapolis, IN from $400 (44 Rentals)

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

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property at 3450 Graceland Ave

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075
Total Monthly Price
$1,075

3 Bedroom, 1 Bath Townhome for Rent

Available Now

3450 Graceland Ave

IndianapolisIN46208

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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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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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Meridian Plaza
1 to 2 Bedroom Apartments

Meridian Plaza

3726 N Meridian StIndianapolis, IN 46208

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Victoria Apartments
Studio Apartments

Victoria Apartments

1244 N Illinois StIndianapolis, IN 46202
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Canal Gardens
1 to 2 Bedroom Apartments

Canal Gardens

1249 Dr Martin Luther King Jr StIndianapolis, IN 46202
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Campus Townhomes
2 Bedroom Apartments

Campus Townhomes

531 Ransom StIndianapolis, IN 46202
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St. James
Studio to 2 Bedroom Apartments

St. James

2102 N Meridian StIndianapolis, IN 46202
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Stonegate Apartments
Studio to 3 Bedroom Apartments

Stonegate Apartments

1220-1226 N Illinois StIndianapolis, IN 46202
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Magnolia Living
Studio to 1 Bedroom Apartments

Magnolia Living

3330-3340 N Meridian StIndianapolis, IN 46208
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Showing Results 1-44, 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 Meridian Towers priced from $629. Dunbar Court has the second lowest priced unit, which is a Studio apartment currently listed from $665. Here are the most affordable Near NW Riverside apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Meridian TowersStudio ApartmentStudio,1BA$629
Dunbar CourtStudioStudio,1BA$665
Oxmoor Indy1BR/1.0BA1BR,1BA$699
34 North ApartmentsStudioStudio,1BA$725
The Star2 Bed2BR,1BA$799
Canal Gardens2.1 40%2BR,1BA$891
River West FlatsOne Bedroom One Bath - The Driftwood1BR,1BA$919
St. JamesOne Bedroom - Sublevel1BR,1BA$940
The Riverside Apartment Homes2x1 Upgrade2BR,1BA$1,059
Drake Street Garden HomesTwo Bedroom2BR,1BA$1,100

Best Value Apartments for Rent in Near NW Riverside, IN

As of April 29, 2026 the best value apartment in the Near NW Riverside area is the $0.65 price per square foot 7178C1 Mansion Penthouse 3x2 + Storage (2600 sqft) Model at Mansion Row - Where Historic Charm Meets Modern Convenience! in the in the Cheswick Place neighborhood starting from $1,699. The second greatest value Near NW Riverside apartment is the 1137 W 21st St Model at 1137 W 21st St starting at $1,700 with a $1.13 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.
Mansion Row - Where Historic Charm Meets Modern Convenience!7178C1 Mansion Penthouse 3x2 + Storage (2600 sqft)3BR,2BA$0.65
1137 W 21st St1137 W 21st St3BR,2BA$1.13
The Star2 Bed2BR,1BA$0.76
Oxmoor Indy3BR/1.0BA3BR,1BA$1.00
Canal Gardens2.1 40%2BR,1BA$0.93
The Riverside Apartment Homes2x1 Townhome Renovated2BR,1BA$1.43
Drake Street Garden HomesTwo Bedroom2BR,1BA$1.30
St. JamesOne Bedroom - Sublevel1BR,1BA$1.57
River West FlatsOne Bedroom One Bath - The Driftwood1BR,1BA$1.63
34 North ApartmentsStudioStudio ,1BA$1.61

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 $1,100.

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

The cheapest apartment in Near NW Riverside is Oxmoor Indy which is listed at $699, while the average apartment in Near NW Riverside costs $2,090.

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 42 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 $491 which is $1,599 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.

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