
Cheap Apartments for Rent in the Riverside Neighborhood of Indianapolis, IN from $500 (193 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in the Riverside area of Indianapolis.


Vanguard at 16 Tech

2131 North

Indy Downtown Colonial Apartments

Apollo & Aurora Apartments

1415 W Pruitt St

145 E 14th St

Penn Street Tower Apartments

333 Penn Apartments

El Dorado
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.

The Stella

117 W 36th St

3329-3331 Boulevard Pl

Nine+Eighteen

Canal Square

Gardens of Canal Court

The Continental Towers at Vermont Place

Axis

The Marott Apartments

802 N Meridian St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

538 W 29th St

1918 W Washington St, Unit 10

3413 N Capitol Ave

Temple Lofts

Ardmore Apartments

The Block

1331 W 34th St

1331 W 34th St

955 N Traub Ave

Canal Overlook 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.

360 Market Square

2018 Rembrandt St

Pulliam Square

Cosmopolitan on the Canal

Koehne Commons Apartments

Charmwood Terrace

Brownstone Apartments

INDY INDIE ARTIST COLONY

Marblehead

The Jordan
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!

Barbee

Windsor

The Historic Bauer

PICCADILLY

The Harrison

Historic Dorchester

The Marleigh

Oxmoor Indy

Winston

Admiral
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 | $1,121 | $200 | $3,505 |
| Riverside 1 Bedroom Apartments | $1,457 | $699 | $4,071 |
| Riverside 2 Bedroom Apartments | $1,862 | $749 | $5,130 |
| Riverside 3 Bedroom Apartments | $2,267 | $950 | $5,225 |
| Riverside 4 Bedroom Apartments | $1,297 | $600 | $5,817 |
Browse Apartments in this Neighborhood
There are currently 193 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 $799.
What is the price of a cheap apartment in Riverside?
The cheapest apartment in Riverside is Oxmoor Indy which is listed at $699, while the average apartment in Riverside costs $2,090.
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 144 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 $337 which is $1,753 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.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.