
Cheap Apartments for Rent in the Near Northwest Riverside Neighborhood of Indianapolis, IN from $400 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near Northwest Riverside area of Indianapolis.


Meridian Towers

1341 W Congress Ave

1733 N. Meridian

The Whitaker

Abney Lake

2917 Boulevard Pl

1 W 28th St

3727-3729 N Kenwood Ave

Buckingham & Balmoral

CityView on Meridian

Stadium Lofts & Flats

River West Flats

Wesmont

Ralston Apartments

9 on Canal

Magnolia Living - 3330-3340 N. Meridian St.
Near Northwest Riverside, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Near Northwest Riverside?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Near Northwest Riverside Studio Apartments | $1,049 | $585 | $1,930 |
Near Northwest Riverside 1 Bedroom Apartments | $1,473 | $684 | $3,635 |
Near Northwest Riverside 2 Bedroom Apartments | $2,126 | $900 | $4,320 |
Near Northwest Riverside 3 Bedroom Apartments | $1,946 | $1,000 | $3,199 |
Near Northwest Riverside 4 Bedroom Apartments | $2,410 | $2,400 | $2,420 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Near Northwest Riverside Neighborhood of Indianapolis, IN.
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Near Northwest Riverside, Indianapolis, IN Local Guide
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Cheapest Available Near Northwest Riverside Apartments for Rent
 The cheapest available apartment rental in the Near Northwest Riverside area of Indianapolis, IN is a Studio unit found at Meridian Towers priced from $629. Oxmoor Indy has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable Near Northwest Riverside apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Meridian Towers | Studio Apartment | Studio,1BA | $629 |
Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $699 |
1733 N. Meridian | 1BR | 1BR,1BA | $780 |
Union at 16th | 2 Bed 2 Bath | 2BR,2BA | $820 |
The Sheldrake Apartments | 1 Bedroom With Den | 1BR,1BA | $875 |
CityView on Meridian | 1 Bedroom/1Bathroom 615 | 1BR,1BA | $1,099 |
River West Flats | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,124 |
Stadium Lofts & Flats | Type 7 | 1BR,1BA | $1,127 |
9 on Canal | Stockholm | 1BR,1BA | $1,195 |
Wesley Place | Delaware | 1BR,1BA | $1,249 |
Best Value Apartments for Rent in Near Northwest Riverside, IN
As of April 01, 2025 the best value apartment in the Near Northwest Riverside area is the $1.24 price per square foot 3 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $2,199. The second greatest value Near Northwest Riverside apartment is the 3 Bed 2 Bath Model at Union at 16th starting at $1,485 with a $1.34 price per square foot in the Cheswick Place neighborhood. Here is today’s list of the best values for Near Northwest Riverside apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Block | 3 Bedroom 2 Bath | 3BR,2BA | $1.24 |
Union at 16th | 3 Bed 2 Bath | 3BR,2BA | $1.34 |
2862 Highland Pl | 2862 Highland Pl | 2BR,1BA | $1.22 |
Wesmont | Two Bedroom - Body and Soul | 2BR,2BA | $1.73 |
Ralston Apartments | Lilac | 2BR,2BA | $1.67 |
1733 N. Meridian | 1BR | 1BR,1BA | $1.04 |
The Sheldrake Apartments | 1 Bedroom With Den | 1BR,1BA | $1.17 |
River West Flats | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.57 |
Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $1.00 |
Meridian Towers | Studio Apartment | Studio ,1BA | $1.72 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleNear Northwest Riverside, Indianapolis, IN
Ranked #57
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Near Northwest Riverside Apartments
What is a cheap apartment in Near Northwest Riverside?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near Northwest Riverside is under $1,249.
What is the price of a cheap apartment in Near Northwest Riverside?
The cheapest apartment in Near Northwest Riverside is Oxmoor Indy which is listed at $699, while the average apartment in Near Northwest Riverside costs $2,410.
What types of apartments are the cheapest in Near Northwest 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 7 regular apartments in Near Northwest 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 Near Northwest Riverside?
Cheap apartments in Near Northwest Riverside have an average cost of $114 which is $2,296 cheaper than the average rent for all rentals in Near Northwest Riverside.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.