Cheap Homes for Rent in Near Northwest Riverside Neighborhood of Indianapolis, IN from $600 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in the Near Northwest Riverside area of Indianapolis.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Near Northwest 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!

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Near Northwest Riverside, Indianapolis, IN Local Guide

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 $699. 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 ListingModel NameBed/BathPriced From
Meridian TowersStudio ApartmentStudio,1BA$699
Oxmoor Indy1BR/1.0BA1BR,1BA$699
1733 N. Meridian1BR1BR,1BA$780
Union at 16th2 Bed 2 Bath2BR,2BA$820
Abney Lake1 Bedroom Fireplace1BR,1BA$874

Best Value Apartments for Rent in Near Northwest Riverside, IN

As of April 19, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Block3 Bedroom 2 Bath3BR,2BA$1.24
Union at 16th3 Bed 2 Bath3BR,2BA$1.34
Buckingham & BalmoralBuckingham 2 BR 2.5 BA Apartment- 1080 Sq. Ft2BR,2.5BA$1.66
Stadium Lofts & FlatsType 51BR,1BA$1.80
1733 N. Meridian1BR1BR,1BA$1.04
The Meridian ApartmentsThe Delaware 60%2BR,1BA$1.83
Abney Lake1 Bedroom Fireplace1BR,1BA$1.25
Oxmoor Indy1BR/1.0BA1BR,1BA$1.00
CityView on Meridian1 Bedroom/1Bathroom 6451BR,1BA$1.87
Meridian TowersStudio ApartmentStudio ,1BA$1.92

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Frequently Asked Questions about Near Northwest Riverside

What type of rentals are currently available in Near Northwest Riverside?

There are currently 98 Apartments for Rent in Near Northwest Riverside, IN with pricing that ranges from $585 to $4,320. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near Northwest Riverside ranging from $695 to $4,500.

What is the current price range for Rental Homes in Near Northwest Riverside?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Near Northwest Riverside ranges from $695 to $4,500 with an average monthly rent of $1,760.

How much are larger Three and Four Bedroom Rentals in Near Northwest Riverside?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Near Northwest Riverside range from $1,000 to $3,199, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $2,750. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $2,435.

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.

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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.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.