
Cheap Apartments for Rent in the Riverside Neighborhood of Indianapolis, IN from $500 (130 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the Riverside area of Indianapolis.


2917 Boulevard Pl

Total Monthly Price
2131 North

3513 N Pennsylvania St

Penn Street Tower Apartments

The Stella

Nine+Eighteen

Gardens of Canal Court

The Continental Towers at Vermont Place

333 Penn Apartments
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.

Total Monthly Price
Industry Indianapolis

946 MLK

Temple Lofts

Total Monthly Price
Mansion Row - Where Historic Charm Meets Modern Convenience!

360 Market Square

The Marott Apartments

802 N Meridian St

Axis

Cosmopolitan on the Canal

Ardmore Apartments
Riverside - 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!

2018 Rembrandt St

Total Monthly Price
3015 N Pennsylvania St, Unit 13

Koehne Commons Apartments

Charmwood Terrace

Brownstone Apartments

INDY INDIE ARTIST COLONY

Marblehead

The Jordan

Barbee

Windsor

The Historic Bauer

PICCADILLY

The Harrison

Historic Dorchester

The Marleigh

Oxmoor Indy

Winston

Admiral

The Regal Apartments

1 & 2 Bedroom Apartments in Downtown Indianapolis - Meridian Plaza Awaits You!

The Rotherwood Apartments

1733 N. Meridian

Capitol Manor

The Reserve at White River

Central State Mansion

Meier House Apartments

Victoria Apartments

Lafayette Landing at Kessler

Eagledale Senior Apartments

Canal Gardens
Riverside, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Riverside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverside Studio Apartments | $1,111 | $595 | $4,014 |
| Riverside 1 Bedroom Apartments | $1,422 | $699 | $4,071 |
| Riverside 2 Bedroom Apartments | $1,954 | $885 | $6,194 |
| Riverside 3 Bedroom Apartments | $2,024 | $999 | $6,851 |
| Riverside 4 Bedroom Apartments | $1,212 | $600 | $5,617 |
Browse Apartments in this Neighborhood
There are currently 130 rentals with your search options within a 2 mile radius of the Riverside Neighborhood of Indianapolis, IN.
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Frequently Asked Questions about Cheap Riverside Apartments
What is a cheap apartment in Riverside?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverside is under $875.
What is the price of a cheap apartment in Riverside?
The cheapest apartment in Riverside is Meridian Towers which is listed at $699, while the average apartment in Riverside costs $1,699.
What types of apartments are the cheapest in Riverside?
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 106 regular apartments in Riverside 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 Riverside?
Cheap apartments in Riverside have an average cost of $304 which is $1,395 cheaper than the average rent for all rentals in Riverside.
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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
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

Maximizing Your Refund: Essential Tax Tips for Renters
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.