Cheap Homes for Rent in the Near NW Riverside Neighborhood of Indianapolis, IN from $775 (14 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

property at 3450 Graceland Ave
$1,075

Total Monthly Price

Base Rent$1,075

Total Monthly Price$1,075
3 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

3450 Graceland Ave

IndianapolisIN46208

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Cheapest Available Near NW Riverside Homes for Rent

 

The cheapest available rental home in the Near NW Riverside area of Indianapolis, IN is a 2 Beds home found at 524 W 23rd St priced from $949. 1327 W 32nd St has the second lowest priced home, which is a 1 Bed rental home currently listed from $1,065. Here are the most affordable Near NW Riverside homes for rent in Indianapolis, IN:

Home ListingModel NameBed/BathPriced From
524 W 23rd St524 W 23rd St2BR, 1BA$949
1327 W 32nd St1327 W 32nd St1BR, 1BA$1,065
1841 Montcalm St1841 Montcalm St3BR, 2BA$1,529
2623 Indianapolis Ave2623 Indianapolis Ave3BR, 2BA$1,649
1055 W 33rd St1055 W 33rd St4BR, 2BA$1,726

Best Value Homes for Rent in Near NW Riverside, IN

As of September 22, 2026 the best value rental home in the Near NW Riverside area is the $0.98 price per square foot 2927 Boulevard Pl Model at 2927 Boulevard Pl in the Cheswick Place neighborhood starting from $2,450. The second greatest value Near NW Riverside rental home is the 2623 Indianapolis Ave Model at 2623 Indianapolis Ave in the Cheswick Place neighborhood starting at $1,649 with a $0.77 price per square foot. Here is today’s list of the best values for Near NW Riverside homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
2927 Boulevard Pl2927 Boulevard Pl4BR, 2.5BA$0.98
2623 Indianapolis Ave2623 Indianapolis Ave3BR, 2BA$0.77
1055 W 33rd St1055 W 33rd St4BR, 2BA$0.94
2344 N Capitol Ave2344 N Capitol Ave3BR, 1.5BA$1.06
1236 W 18th St1236 W 18th St3BR, 2BA$1.20
1250 Herbert St1250 Herbert St3BR, 2BA$1.20
1841 Montcalm St1841 Montcalm St3BR, 2BA$1.22
1327 W 32nd St1327 W 32nd St1BR, 1BA$1.08
3450 Graceland Ave3450 Graceland Ave3BR, 1BA$1.19
524 W 23rd St524 W 23rd St2BR, 1BA$1.42

Frequently Asked Questions about Near NW Riverside

What type of rentals are currently available in Near NW Riverside?

There are currently 81 Apartments for Rent in Near NW Riverside, IN with pricing that ranges from $595 to $2,895. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near NW Riverside ranging from $775 to $2,450.

What is the current price range for Rental Homes in Near NW Riverside?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Near NW Riverside ranges from $775 to $2,450 with an average monthly rent of $1,426.

How much are larger Three and Four Bedroom Rentals in Near NW Riverside?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Near NW Riverside range from $1,890 to $2,613, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,726 and Four Bedroom Apartments start at $996.

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

decorative image for Welcome to Indy: A Local Expert's Guide to the City's Best Short-Term Rental Neighborhoods article

Welcome to Indy: A Local Expert's Guide to the City's Best Short-Term Rental Neighborhoods

Written by: Wendy Melton

My name is Wendy, and I am the local expert for ApartmentHomeLiving.com in the Indianapolis area. Being born and raised in Indiana, I know the true meaning of Hoosier hospitality.

decorative image for Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home article

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Written by: Wendy Melton

Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

decorative image for Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods article

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.

decorative image for Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters article

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis   article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.