Cheap Apartments for Rent in the Riley Neighborhood of Indianapolis, IN from $500 (107 Rentals) Page 3 of 3
Search the lowest-cost Apartments available for rent right now in the Riley area of Indianapolis.
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 | $1,330 | $650 | $2,862 |
Riley 1 Bedroom Apartments | $1,558 | $800 | $4,071 |
Riley 2 Bedroom Apartments | $2,200 | $563 | $5,706 |
Riley 3 Bedroom Apartments | $3,432 | $1,195 | $6,256 |
Riley 4 Bedroom Apartments | $4,718 | $4,718 | $4,718 |
Browse Apartments in this Neighborhood
There are currently 107 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 $1,024.
What is the price of a cheap apartment in Riley?
The cheapest apartment in Riley is Trail Side which is listed at $938, while the average apartment in Riley costs $4,718.
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 21 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 $122 which is $4,596 cheaper than the average rent for all rentals in Riley.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.