
Cheap Apartments for Rent in the Riverside Neighborhood of Indianapolis, IN from $500 (154 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in the Riverside area of Indianapolis.


The Riverside Apartment Homes

Riverview

Vanguard at 16 Tech

333 Penn Apartments

Penn Street Tower Apartments

2131 North

The Continental Towers at Vermont Place

Wesley Place

Pulliam Square
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

410 E 13th St, Unit B

Koehne Commons Apartments

Charmwood Terrace

Brownstone Apartments

INDY INDIE ARTIST COLONY

Marblehead

The Jordan

Barbee

Windsor

The Historic Bauer
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

PICCADILLY

The Harrison

Historic Dorchester

The Marleigh

Oxmoor Indy

Winston

Admiral

The Regal Apartments

1111 Medford Ave

2316 Indianapolis Ave
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

Meridian Plaza

2831 N Kenwood Ave

Traymore Apartments

The Rotherwood Apartments

The Meridian

Capitol Manor

607 N Tibbs Ave

970 Edgemont Ave

Meier House Apartments

Central State Mansion
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 Victoria Apartments

Indy Christian Place Apartments LLC

The Whitaker

2511 Turner Ave

Eagledale Senior Apartments

Canal Gardens

Madison Apartments

765 N Belleview Pl

2248 N Harding St

1319 W 27th 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.
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 | $1,145 | $579 | $2,876 |
| Riverside 1 Bedroom Apartments | $1,512 | $622 | $3,999 |
| Riverside 2 Bedroom Apartments | $1,923 | $744 | $6,430 |
| Riverside 3 Bedroom Apartments | $2,110 | $1,075 | $6,595 |
| Riverside 4 Bedroom Apartments | $1,799 | $600 | $7,022 |
Browse Apartments in this Neighborhood
There are currently 154 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 $1,750.
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 104 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 $322 which is $1,428 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.