1515 King Ave
IndianapolisIN46222
Cheap Apartments for Rent in the Near NW Riverside Neighborhood of Indianapolis, IN from $300 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near NW Riverside area of Indianapolis.
1525 King Ave
IndianapolisIN46222
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from $585Studio to 2 Bedroom Apartments Available Now
The Sheldrake Apartments
2258 N Meridian StIndianapolis, IN 46208
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from $629Studio to 2 Bedroom Apartments Available Now
Meridian Towers
3710 N Meridian StIndianapolis, IN 46208
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from $640Studio to 1 Bedroom Apartments Contact Us For Availability
Dunbar Court
1022 Dr Martin Luther King StIndianapolis, IN 46202
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1341 W Congress Ave
IndianapolisIN46208
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from $740Studio to 1 Bedroom Apartments Available Now
St. Agnes Apartments
1350 N Meridian StIndianapolis, IN 46202
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from $9961 to 3 Bedroom Apartments Available Now
Riverside Apartments
2638 Cold Spring Manor DrIndianapolis, IN 46222
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from $999Studio to 2 Bedroom Apartments Available Now
River West Flats
1150 N White River Pkwy West DrIndianapolis, IN 46222
2917 Boulevard Pl
IndianapolisIN46208
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from $1,0002 Bedroom Apartments Contact Us For Availability
Drake Street Garden Homes
512-568 Drake StIndianapolis, IN 46202
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from $1,0501 to 2 Bedroom Apartments Available Now
Temple Lofts
1225 Dr Martin Luther King Jr StIndianapolis, IN 46202
3727-3729 N Kenwood Ave
IndianapolisIN46208
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from $1,075Studio to 2 Bedroom Apartments Available Now
Vanguard at 16 Tech
1410 Breedlove LnIndianapolis, IN 46202
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Studio to 1 Bedroom Apartments
Illinois Street Senior Apartments
1352 N Illinois StIndianapolis, IN 46202
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1 Bedroom Apartments
Magnolia Living - 3330-3340 N. Meridian St.
3330-3340 N Meridian StIndianapolis, IN 46208
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Showing Results 1-32, Page 1 of 1
Near NW Riverside, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Near NW Riverside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Near NW Riverside Studio Apartments | $1,271 | $585 | $3,102 |
| Near NW Riverside 1 Bedroom Apartments | $1,577 | $436 | $3,646 |
| Near NW Riverside 2 Bedroom Apartments | $2,338 | $900 | $7,322 |
| Near NW Riverside 3 Bedroom Apartments | $2,206 | $1,000 | $6,747 |
| Near NW Riverside 4 Bedroom Apartments | $1,275 | $989 | $2,420 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 2 mile radius of the Near NW Riverside Neighborhood of Indianapolis, IN.
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Cheapest Neighborhoods for Apartments in Near NW Riverside, IN
Pricing Updated: 03/21/2025Current apartment rentals in the Near NW Riverside, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Near NW Riverside Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|
Cheapest Available Near NW Riverside Apartments for Rent
The cheapest available apartment rental in the Near NW Riverside area of Indianapolis, IN is a 1 Bed unit found at 1043 N Holmes Ave priced from $390. Illinois Street Senior Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $462. Here are the most affordable Near NW Riverside apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1043 N Holmes Ave | 1043 N Holmes Ave | 1BR,1BA | $390 |
| Illinois Street Senior Apartments | Studio 3 30% | Studio,1BA | $462 |
| Union at 16th | 1 Bed 1 Bath | 1BR,1BA | $684 |
| Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $699 |
| St. Agnes Apartments | *Studio- Loft | Studio,1BA | $740 |
| The Sheldrake Apartments | 1 Bedroom With Den | 1BR,1BA | $875 |
| Riverside Apartments | 2 Bedroom 1.5 Bath Townhouse | 2BR,1BA | $996 |
| River West Flats | Studio | Studio,1BA | $999 |
| Temple Lofts | A8 | 1BR,1BA | $1,050 |
| Ralston Apartments | Magnolia | 1BR,1BA | $1,155 |
Best Value Apartments for Rent in Near NW Riverside, IN
As of March 21, 2025 the best value apartment in the Near NW Riverside area is the $1.06 price per square foot 1 Bedroom 1 Bath Model at The Block in the in the Riley neighborhood starting from $1,539. The second greatest value Near NW 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 NW Riverside apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Block | 1 Bedroom 1 Bath | 1BR,1BA | $1.06 |
| Union at 16th | 3 Bed 2 Bath | 3BR,2BA | $1.34 |
| Mansion Row - Where Historic Charm Meets Modern | 7178B1 Traditional 2x2 (1100 sqft) | 2BR,2BA | $1.24 |
| Riverside Apartments | 2 Bedroom 1.5 Bath Townhouse | 2BR,1.5BA | $1.00 |
| The Sheldrake Apartments | 1 Bedroom With Den | 1BR,1BA | $1.17 |
| Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $1.00 |
| Temple Lofts | Flats - 2.1 | 2BR,1BA | $1.74 |
| Stadium Lofts & Flats | Type 7 with Den | 1BR,1BA | $1.87 |
| Illinois Street Senior Apartments | Studio 1 40% | Studio ,1BA | $1.59 |
| St. Agnes Apartments | *Studio- Loft | Studio ,1BA | $1.85 |
Getting Around the Near NW Riverside Neighborhood in Indianapolis, IN
Walk Score®
43 / 100
Car-Dependent
Most errands require a car
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
38 / 100
Some Transit
A few nearby public transportation options
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 Near NW Riverside Apartments
What is a cheap apartment in Near NW Riverside?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near NW Riverside is under $1,155.
What is the price of a cheap apartment in Near NW Riverside?
The cheapest apartment in Near NW Riverside is 1043 N Holmes Ave which is listed at $390, while the average apartment in Near NW Riverside costs $2,005.
What types of apartments are the cheapest in Near NW 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 361 regular apartments in Near NW 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 NW Riverside?
Cheap apartments in Near NW Riverside have an average cost of $387 which is $1,618 cheaper than the average rent for all rentals in Near NW 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.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
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.