410 E 16th St
IndianapolisIN46202
Cheap Homes for Rent in Riley Neighborhood of Indianapolis, IN from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Riley area of Indianapolis.
37 West St Clair Street
IndianapolisIN46204
412 E 16th St
IndianapolisIN46202
230 E 9th St
IndianapolisIN46204
230 E 9th St
IndianapolisIN46204
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.
913 Massachusetts Ave
IndianapolisIN46202
234 E 9th St
IndianapolisIN46204
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$1,522Studio Apartments Available Apr 5
335 W 9th St
335 W 9th StIndianapolis, IN 46202
233 E St Joseph St
IndianapolisIN46202
1314 E 10th St
IndianapolisIN46202
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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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 | $2,225 | $845 | $4,000 |
| Riley 3 Bedroom Homes for Rent | $2,393 | $1,800 | $3,850 |
| Riley 4 Bedroom Homes for Rent | $2,574 | $1,749 | $3,999 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 1 mile radius of the Riley Neighborhood of Indianapolis, IN.
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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 INDY FLATS priced from $655. St. Agnes Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $765. Here are the most affordable Riley apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| INDY FLATS | Sherwood Std D | Studio,1BA | $655 |
| St. Agnes Apartments | Studio- Standard 2nd -5th* | Studio,1BA | $765 |
| Priscilla on Pennsylvania | Studio- 1st Floor Corner | Studio,1BA | $799 |
Best Value Apartments for Rent in Riley, IN
As of March 02, 2026 the best value apartment in the Riley area is the $0.97 price per square foot loft Model at Shoemaker Building in the in the Riley neighborhood starting from $1,750. The second greatest value Riley apartment is the 2.1 40% Model at Canal Gardens starting at $891 with a $0.93 price per square foot in the Near North Indianapolis 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 | $0.97 |
| Canal Gardens | 2.1 40% | 2BR,1BA | $0.93 |
| Line Lofts | The Intuition 60% | 2BR,1BA | $1.41 |
| Trail Side | A | 1BR,1BA | $1.12 |
| Van Dyke | Van Dyke 1B 830 | 1BR,1BA | $1.55 |
| Maxwell Apartments | Amsterdam | 1BR,1BA | $1.51 |
| 522 Fletcher Ave | 1BR/1.5BA | 1BR,1.5BA | $1.40 |
| 1010 Central | Bunker 60% | 1BR,1BA | $1.53 |
| The Washington | 2 Bedroom | 2BR,1BA | $1.47 |
| College Manor | 1 BR | 1BR,1BA | $1.57 |
Frequently Asked Questions about Riley
What type of rentals are currently available in Riley?
There are currently 213 Apartments for Rent in Riley, IN with pricing that ranges from $497 to $7,355. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riley ranging from $845 to $4,000.
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 $845 to $4,000 with an average monthly rent of $1,913.
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.
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Renting with Roommates: Realistic Expectations for Shared Lease
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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.