4 E Washington St
IndianapolisIN46204
Cheap Homes for Rent in Riley Neighborhood of Indianapolis, IN from $500 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Riley area of Indianapolis.
3 E Washington St
IndianapolisIN46204
37 West St Clair Street
IndianapolisIN46204
1329 E Market St
IndianapolisIN46202
1413 E Washington St
IndianapolisIN46201
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
1434 N Campbell Ave
IndianapolisIN46219
2 E Washington St
IndianapolisIN46204
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.
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1543 E Ohio St
IndianapolisIN46201
1230 E Ohio St
IndianapolisIN46202
913 Massachusetts Ave
IndianapolisIN46202
151 Leota St
IndianapolisIN46202
1624 Yandes St
IndianapolisIN46202
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5221 Bogey Dr
IndianapolisIN46235
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
230 E 9th St
IndianapolisIN46204
Showing Results 1-16, Page 1 of 1
Riley, Indianapolis, IN Local Guide
How much does it cost to rent a home in Riley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riley 2 Bedroom Homes for Rent | $2,330 | $850 | $4,000 |
| Riley 3 Bedroom Homes for Rent | $2,919 | $1,249 | $4,500 |
| Riley 4 Bedroom Homes for Rent | $2,933 | $2,149 | $3,500 |
| Riley 6 Bedroom Homes for Rent | $6,000 | $6,000 | $6,000 |
Browse Homes for Rent in this Neighborhood
There are currently 16 rentals with your search options within a 1 mile radius of the Riley Neighborhood of Indianapolis, IN.
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Riley, Indianapolis, IN Local Guide
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Cheapest Available Riley Apartments for Rent
The cheapest available apartment rental in the Riley area of Indianapolis, IN is a Studio unit found at The Washington priced from $775. Canal Gardens has the second lowest priced unit, which is a 2 Beds apartment currently listed from $891. Here are the most affordable Riley apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Washington | Studio | Studio,1BA | $775 |
| Canal Gardens | 2.1 40% | 2BR,1BA | $891 |
| Artistry Indy | Jacqueline | Studio,1BA | $892 |
| The Continental Towers at Vermont Place | Continental Unrenovated - Willard | 1BR,1BA | $899 |
| Priscilla on Pennsylvania | Studio- 1st Floor Corner | Studio,1BA | $900 |
Best Value Apartments for Rent in Riley, IN
As of September 13, 2025 the best value apartment in the Riley area is the $1.08 price per square foot loft Model at Shoemaker Building in the in the Riley neighborhood starting from $1,950. The second greatest value Riley apartment is the 2 Bedroom 1 Bath Model at The Block starting at $1,849 with a $1.55 price per square foot in the Riley neighborhood. Here is today’s list of the best values for Riley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shoemaker Building | loft | 2BR,2BA | $1.08 |
| The Block | 2 Bedroom 1 Bath | 2BR,1BA | $1.55 |
| Penn Street Tower Apartments | Senate 2 Bedroom 1 Bath Apartment at 115 Penn A... | 2BR,1BA | $1.37 |
| Raleigh | Raleigh 2B 1004 | 2BR,2BA | $1.59 |
| Canal Gardens | 2.1 40% | 2BR,1BA | $0.93 |
| Van Dyke | Van Dyke 1B 830 | 1BR,1BA | $1.55 |
| The Whitaker | Two Bedrooms, One Bathroom | 2BR,1BA | $1.33 |
| The Seminole | 1br | 1BR,1BA | $1.28 |
| Lockerbie Flats | Studio | Studio ,1BA | $1.62 |
| College Manor | 1 BR | 1BR,1BA | $1.57 |
Quick Rent Budget Calculator
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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 LifestyleRiley, Indianapolis, IN
Ranked #4
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Riley
What type of rentals are currently available in Riley?
There are currently 214 Apartments for Rent in Riley, IN with pricing that ranges from $650 to $5,900. There are also 95 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riley ranging from $599 to $6,000.
What is the current price range for Rental Homes in Riley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Riley ranges from $599 to $6,000 with an average monthly rent of $2,756.
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.