Luxury Apartments for Rent in the Riley Neighborhood of Indianapolis, IN (56 Rentals)

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The most luxurious Apartments in the Riley area of Indianapolis with high-end amenities, features, and finishes.

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9 On Canal
Rent Specials
$1,163 - $3,568

Total Monthly Price

Base Rent$1,163 - $3,568
Total Monthly Price$1,163 - $3,568
Studio to 3 Bedroom Apartments Available Now

9 On Canal

335 W 9th StIndianapolis, IN 46202
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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.

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property at 414 N Park Ave
$2,800

Total Monthly Price

Base Rent$2,800
Total Monthly Price$2,800
2 Bedroom, 1.5 Bath Townhome for Rent
Available Jan 1, 2027

414 N Park Ave

IndianapolisIN46202

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

Looking for the perfect rental? From apartments and condos to lofts and single family rentals, explore the unique pros and cons of each rental type to help you land in your perfect new place.

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property at 237 E Saint Joseph St
$2,975

Total Monthly Price

Base Rent$2,975
Total Monthly Price$2,975
3 Bedroom, 2.5 Bath Home for Rent
Available Now
Luxury

237 E Saint Joseph St

IndianapolisIN46202

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.

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property at 235 S Delaware St
$7,459

Total Monthly Price

Base Rent$7,459
Total Monthly Price$7,459
8 Bedroom, 8 Bath Home for Rent
Available Sep 24, 2027
Furnished

235 S Delaware St

IndianapolisIN46225
property at 615 N East St
$5,304 - $8,291

Total Monthly Price

Base Rent$5,304
Total Monthly Price$5,304
4 To 5 Bedroom Rentals
Available Jan 17, 2027
Furnished

615 N East St

IndianapolisIN46202
property at 421 N Pennsylvania St
$2,957 - $3,032

Total Monthly Price

Base Rent$2,957
Total Monthly Price$2,957
Studio To 1 Bedroom Rentals
Available Sep 27
Furnished

421 N Pennsylvania St

IndianapolisIN46204

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!

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property at 640 E 10th St
$4,750

Total Monthly Price

Base Rent$4,750
Total Monthly Price$4,750
4 Bedroom, 4 Bath Home for Rent
Available Now
Luxury

640 E 10th St

IndianapolisIN46202
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PICCADILLY
Studio to 3 Bedroom Apartments

PICCADILLY

28 E 16th StIndianapolis, IN 46202
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The Vue
Studio to 2 Bedroom Apartments

The Vue

718 E Georgia StIndianapolis, IN 46202

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Riley, Indianapolis, IN Local Guide

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Riley, Indianapolis, IN

Ranked #5

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Riley, Indianapolis, IN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States including Riley, Indianapolis, and the greater Indianapolis area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Luxury Living Rating

This part of town is one of our favorite higher-end submarkets in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like shared social spaces, lounges, pools, maid services, park access, and quartz countertops in the kitchen with high-end appliances. Other luxury items often include hardwood floors and fireplaces, access to sports facilities like golf, raquetball, and tennis, and for some communities, even a doorman to greet residents.

Frequently Asked Questions about Riley

How much are Studio apartments in Riley?

There are currently 97 Studio Apartments in Riley with rent ranges from $675 to $4,221 with an average price of $1,377.

What is the current price range for One Bedroom Riley Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Riley ranges from $544 to $4,313 with an average monthly rent of $1,645.

What does renting a Two Bedroom Apartment in Riley cost?

The monthly rent prices of Two Bedroom Apartments currently available in Riley range from $650 to $5,949. Today's average rental price for Two Bedrooms here is $2,233.

How expensive are Riley Three Bedroom Apartments?

There are currently 34 Three Bedroom Apartments listings available in Riley on ApartmentHomeLiving.com. The pricing ranges from $799 to $7,822 - averaging $3,006 for the location.

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

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

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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.

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

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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.

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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

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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.