
Cheap Studio Apartments for Rent in the Riley Neighborhood of Indianapolis, IN from $655 (38 Rentals)


Dunbar Court

St. Agnes Apartments

Priscilla on Pennsylvania

Total Monthly Price
9 On Canal

Artistry Indy

Gathyr Apartments

Circle City

Riley Towers
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Total Monthly Price
Lockerbie Flats

Circa Apartments

Lockerbie Lofts

Wesmont

The E'Laan

The Leo

Axis

Cosmopolitan on the Canal

INDY INDIE ARTIST COLONY
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Jordan

Windsor

PICCADILLY

The Harrison

The Marleigh

The Rotherwood Apartments

Senate Manor Apartments

Victoria Apartments

Senate Manor
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.

Stonegate Apartments

Raleigh

Van Dyke

Maryden on Central

Spink

The Congress at Library Square

Grid

The McKay

The Whit Apartments
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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.

The Vue

Turnverein Apartments
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 | $1,236 | $655 | $4,374 |
| Riley 1 Bedroom Apartments | $1,564 | $497 | $4,770 |
| Riley 2 Bedroom Apartments | $2,160 | $563 | $6,409 |
| Riley 3 Bedroom Apartments | $3,760 | $2,159 | $7,933 |
Explore 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 $930.
What is the price of a cheap apartment in Riley?
The cheapest apartment in Riley is INDY FLATS which is listed at $655, while the average apartment in Riley costs $2,629.
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 116 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 $328 which is $2,301 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.

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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.

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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.
Articles, How-To's, and Tips

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Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.