
Cheap Apartments for Rent in the Riley Neighborhood of Indianapolis, IN from $500 (105 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the Riley area of Indianapolis.


The Harrison

The Marleigh

Traymore Apartments

The Rotherwood Apartments

550 Fletcher Ave

Capitol Manor

The Victoria Apartments

Indy Christian Place Apartments LLC

The Whitaker
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Canal Gardens

Madison Apartments

Utomin Apartments

Chelsea Manor

Mayleeno

Senate Manor

Trail Side

The Seminole

Gathyr Apartments

Stonegate 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.

919 Broadway St

Indy Downtown Colonial Apartments

Raleigh

PENN ARTS

Van Dyke

The Maryden

230 E 9th St

Spink

Grid

The McKay
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.

800 Capitol

1010 Bates St

The Richelieu

The Congress at Library Square

Illinois Street Senior Apartments

Ohio Street TownHomes

Blacherne Apartments

The Vue

Apollo & Aurora Apartments

The 101
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.

Roberts School Flats

The Pennsylvania

Wyndham on Delaware

450 N Massachusetts Ave

243 E 11th St

1631 Columbia Ave

Turnverein Apartments

Fletcher Place Lofts

1541 E Ohio St

Pointe on Mass
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.
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 | $1,375 | $675 | $5,606 |
| Riley 1 Bedroom Apartments | $1,731 | $544 | $4,282 |
| Riley 2 Bedroom Apartments | $2,194 | $650 | $6,430 |
| Riley 3 Bedroom Apartments | $2,906 | $799 | $7,091 |
| Riley 4 Bedroom Apartments | $7,045 | $7,045 | $7,045 |
Browse Apartments in this Neighborhood
There are currently 105 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. Agnes Apartments which is listed at $849, while the average apartment in Riley costs $7,045.
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 61 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 $298 which is $6,747 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

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.

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.
Articles, How-To's, and Tips

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.