
Cheap Apartments for Rent in Riley, IN from $300 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Riley.


Sullivan Downtown Townhomes

Arbors at Honey Creek

Northwind

Highland Terrace
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.

Springhill Apartments

Willow Crossings

Winston Terrace

KINGSTON RIDGE APARTMENTS

Lakewood Apartments

ANTHONY SQUARE SENIOR LIVING

Union at Crescent

Cobblestone Crossings Apartments

Woodland Springs
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.

700 S 8th St

820 Poplar St

1194 E Dawn Dr

1233 S 10th St

1814 S 7th 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.

610 S 5th St

702 S 8th St

695 N 25th St

122 N 18th St

121 Gilbert Ave

1400 Wabash Ave

2829 S 9th 1/2 St

716 N 25th St

103 S 18th St
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.

400 S 29th St

832 S 17th St

1201 S 7th St
Riley, IN Local Guide

How much does it cost to rent an apartment in Riley?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Riley Studio Apartments | $965 | $675 | $1,429 |
Riley 1 Bedroom Apartments | $1,145 | $351 | $1,832 |
Riley 2 Bedroom Apartments | $1,334 | $519 | $2,389 |
Riley 3 Bedroom Apartments | $1,646 | $464 | $2,709 |
Riley 4 Bedroom Apartments | $1,533 | $450 | $2,510 |
Browse Top Apartments in Riley
See all Apartments in RileyExplore Riley
Riley, IN Local Guide
- Nearby Cities
- ZIP codes
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- School Districts
Cheapest Available Riley Apartments for Rent and Nearby
 The cheapest available apartment rental in Riley, IN is a 2 Beds unit found at Historic Walnut Square in the Downtown Terre Haute neighborhood priced from $417. Union Pointe in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Riley apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Historic Walnut Square | Two Bedroom | 2BR,1BA | $417 |
Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
Highland Terrace | 1 Bed 1 Bath | 1BR,1BA | $675 |
Springhill Apartments | 1 Bedroom | 1BR,1BA | $700 |
Willow Crossings | Phase I - Studio | Studio,1BA | $715 |
The Annex of Terre Haute | Studio C | Studio,1BA | $750 |
Lakewood Apartments | 2 Bed new carpet | 2BR,1BA | $785 |
Harrison West | 2 Bedroom | 2BR,1BA | $800 |
University Village Student Housing | Large Loft | 1BR,1BA | $810 |
ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $835 |
Best Value Apartments for Rent in Riley, IN and Nearby
As of June 11, 2025 the best value apartment in the Riley area is the $0.95 price per square foot 2x2 Model at Arbors at Honey Creek in the in the Downtown Terre Haute neighborhood starting from $1,022. The second greatest value Riley apartment is the 2 Bedroom 1.5 Bathroom - Townhome Model at KINGSTON RIDGE APARTMENTS starting at $969 with a $0.97 price per square foot . 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. |
---|---|---|---|
Arbors at Honey Creek | 2x2 | 2BR,2BA | $0.95 |
KINGSTON RIDGE APARTMENTS | 2 Bedroom 1.5 Bathroom - Townhome | 2BR,1.5BA | $0.97 |
Harrison West | 2 Bedroom | 2BR,1BA | $0.93 |
ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $1.00 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $0.51 |
Ashton Apartments | 1BR/1.5BA | 1BR,1.5BA | $1.17 |
Lakewood Apartments | 2 Bed new carpet | 2BR,1BA | $0.98 |
Woodland Springs | 1 Bedroom | 1BR,1BA | $1.08 |
Springhill Apartments | 1 Bedroom | 1BR,1BA | $1.14 |
Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Riley, IN Rentals by Map
See the most popular apartments and homes in Riley, IN
Getting Around Riley, IN
Walk Score®
14 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
29 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Riley Apartments
What is the Cheapest Studio apartment in Riley?
Currently the most affordable Cheap Studio Apartment in Riley is at Willow Crossings listed at $715.
How much is rent for a Cheap One Bedroom Riley Apartment?
The lowest price for a Cheap One Bedroom Riley Apartment is $550 at Union Pointe.
What is the lowest price for a Cheap Two Bedroom Riley Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Riley is starting from $417 at Historic Walnut Square.
What is the most affordable Riley Three Bedroom Apartment?
The best deal on a cheap Riley Three Bedroom Apartment rental is at Historic Walnut Square and starts from $479.
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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.