4 E Washington St
IndianapolisIN46204
Cheap Homes for Rent in Riley Neighborhood of Indianapolis, IN from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Riley area of Indianapolis.
3 E Washington St
IndianapolisIN46204
2 E Washington St
IndianapolisIN46204
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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.
312 E 13th St
IndianapolisIN46202
1601 N Delaware St
IndianapolisIN46202
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from $1,2001 Bedroom Apartments Available Now
402 N Delaware St
402 N Delaware StIndianapolis, IN 46204
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from $1,2001 Bedroom Apartments Available Jun 15
126 E Vermont St
126 E Vermont StIndianapolis, IN 46204
The Art of the Rental Viewing: What to look for during a property tour
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.
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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 | $2,553 | $950 | $4,700 |
| Riley 3 Bedroom Homes for Rent | $2,916 | $1,750 | $6,200 |
| Riley 4 Bedroom Homes for Rent | $2,837 | $2,200 | $3,150 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 1 Bed unit found at The Seminole priced from $833. Priscilla on Pennsylvania has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Riley apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Seminole | 1br | 1BR,1BA | $833 |
| Priscilla on Pennsylvania | Studio - Second Floor | Studio,1BA | $895 |
| Christian Place Apartments | 25 | 1BR,1BA | $950 |
Best Value Apartments for Rent in Riley, IN
As of June 06, 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 Model at 1301 N Alabama St starting at $2,275 with a $1.38 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 | $1.08 |
| 1301 N Alabama St | 2 Bedroom | 2BR,1BA | $1.38 |
| The Block | 1 Bedroom 1 Bath | 1BR,1BA | $1.06 |
| Gardens of Canal Court | Two Bedroom Two Bath (1,311 Square Feet) | 2BR,2BA | $1.28 |
| 707 North | The Lockerbie 60% | 2BR,2BA | $1.41 |
| Line Lofts | The Inspiration 60% | 2BR,1BA | $1.53 |
| Lockerbie Flats | 1 Bedroom | 1BR,2BA | $1.48 |
| Raleigh | Raleigh 1BTH 886 | 1BR,2BA | $1.42 |
| Van Dyke | Van Dyke 1BTH 882 | 1BR,1BA | $1.34 |
| The Seminole | 1br | 1BR,1BA | $1.13 |
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Frequently Asked Questions about Riley
What type of rentals are currently available in Riley?
There are currently 205 Apartments for Rent in Riley, IN with pricing that ranges from $640 to $9,136. There are also 84 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riley ranging from $695 to $6,200.
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 $695 to $6,200 with an average monthly rent of $2,363.
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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.