
Cheap 1 Bedroom Apartments for Rent in the Riley Neighborhood of Indianapolis, IN from $544 (97 Rentals)


The Marleigh

St. Agnes Apartments

INDY FLATS

Dunbar Court

103 E 9th St, Unit 32

Total Monthly Price
103 E. 9th Street, Unit 32

1329 E Market St

1010 Central

Devonshire Apartments
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.

College Manor

522 Fletcher Ave

Assembly

Circle City

Canal Square

556 Fletcher Ave

333 Penn Apartments

Penn Street Tower Apartments

Colmar Apartments

Artistry Indy
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

Lockerbie Lofts

Total Monthly Price
615 N East St, Unit SI ID1364133P

The Continental Towers at Vermont Place

Total Monthly Price
9 On Canal

Nine+Eighteen

Gardens of Canal Court

Garden Arch Apartments

Temple Lofts

CityWay

Industry Indianapolis
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.

Circa Apartments

Leo

Cole Motor

800 Capitol

Gathyr

Riley Towers

Maxwell Apartments

537 E 11th St

Wesmont

Cosmopolitan on the Canal
Riley - 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!

The E'Laan

Axis

Canal Overlook Apartments

The Block

220 Meridian

Pulliam Square

Ardmore Apartments

Total Monthly Price
Bon Air Residence

Barbee

St. Regis
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.
Riley, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Riley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riley Studio Apartments | $1,348 | $675 | $3,957 |
Riley 1 Bedroom Apartments | $1,608 | $544 | $3,999 |
| Riley 2 Bedroom Apartments | $2,172 | $650 | $10,000+ |
| Riley 3 Bedroom Apartments | $2,933 | $799 | $8,628 |
| Riley 4 Bedroom Apartments | $5,439 | $3,864 | $8,291 |
Browse Apartments in this Neighborhood
There are currently 97 rentals with your search options within a 1 mile radius of the Riley Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Frequently Asked Questions about Cheap Riley Apartments
What is a cheap apartment in Riley?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riley is under $1,014.
What is the price of a cheap apartment in Riley?
The cheapest apartment in Riley is St. Regis which is listed at $793, while the average apartment in Riley costs $1,554.
What types of apartments are the cheapest in Riley?
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 75 regular apartments in Riley 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 Riley?
Cheap apartments in Riley have an average cost of $213 which is $1,341 cheaper than the average rent for all rentals in Riley.
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

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.

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.

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.

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.
Articles, How-To's, and Tips

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.