Cheap Apartments for Rent in the Riley Neighborhood of Indianapolis, IN from $500 (75 Rentals)

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Explore the Best Cheap Apartments in Riley area of Indianapolis for Renters Looking for a Great Deal on Lower Cost Rent for the Area.

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Axis
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from $1,214Studio to 2 Bedroom Apartments Available Now

Axis

401 N Senate AveIndianapolis, IN 46204
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946 MLK
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from $1,2501 to 3 Bedroom Apartments Contact Us For Availability

946 MLK

946 Dr Martin Luther King Jr StIndianapolis, IN 46202
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16 Park Apartments
from $5441 to 4 Bedroom Apartments

16 Park Apartments

1621 N Park AveIndianapolis, IN 46202
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INDY INDIE ARTIST COLONY
from $550Studio to 1 Bedroom Apartments

INDY INDIE ARTIST COLONY

26 E 14th StIndianapolis, IN 46202
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Rotherwood
from $564Studio to 2 Bedroom Apartments

Rotherwood

1503 N Pennsylvania StIndianapolis, IN 46202
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Windsor
from $605Studio to 1 Bedroom Apartments

Windsor

1235 N Delaware StIndianapolis, IN 46202
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Barbee
from $6051 Bedroom Apartments

Barbee

1215 N Pennsylvania StIndianapolis, IN 46202
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The Jordan
from $605Studio to 1 Bedroom Apartments

The Jordan

1445 N Delaware StIndianapolis, IN 46202
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Victoria Apartments
from $620Studio Apartments

Victoria Apartments

1244 N Illinois StIndianapolis, IN 46202
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The Harrison
from $654Studio to 1 Bedroom Apartments

The Harrison

1320 N Delaware StIndianapolis, IN 46202
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PICCADILLY
from $690Studio to 1 Bedroom Apartments

PICCADILLY

28 E 16th StIndianapolis, IN 46202
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1010 Central
from $6901 to 2 Bedroom Apartments Available Now

1010 Central

1010 Central AveIndianapolis, IN 46202
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Riley, Indianapolis, IN Local Guide

Cheapest Available Riley Apartments for Rent

 

The cheapest available apartment rental in the Riley area of Indianapolis, IN is a Studio unit found at The Washington priced from $740. Devonshire Apartments in Downtown Indianapolis has the second lowest priced unit, which is a 1 Bed apartment currently listed from $790. Here are the most affordable Riley apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The WashingtonStudioStudio,1BA$740
Devonshire Apartments in Downtown Indianapolis1BR/1.0BA1BR,1BA$790
St. Agnes ApartmentsSt. Agnes - One Bedrooms and Studios Available ...1BR,1BA$800
The Seminole1br1BR,1BA$833
Priscilla on PennsylvaniaStudioStudio,1BA$875
Utomin Apartments2 Bedroon2BR,1BA$975
Circle City ApartmentsSpink Studio 510Studio,1BA$1,030
SpinkSpink Studio 510Studio,1BA$1,030
Riley TowersStudio - 355Studio,1BA$1,032

Best Value Apartments for Rent in Riley, IN

As of January 04, 2025 the best value apartment in the Riley area is the $1.17 price per square foot 2 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $2,099. The second greatest value Riley apartment is the 315 N Senate Ave Model at 315 N Senate Ave, Unit E starting at $1,600 with a $1.07 price per square foot in the Riley neighborhood. Here is today’s list of the best values for Riley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Block2 Bedroom 2 Bath2BR,2BA$1.17
315 N Senate Ave, Unit E315 N Senate Ave2BR,2BA$1.07
352 N Arsenal Ave352 N Arsenal Ave3BR,1.5BA$1.30
Gardens of Canal CourtTwo Bedroom Two Bath (1,184 - 1,194 Square Feet)2BR,2BA$1.29
RaleighRaleigh 2B 11452BR,2BA$1.46
Van DykeVan Dyke 1BTH 9671BR,1BA$1.28
Line LoftsThe Inspiration - 60%2BR,1BA$1.42
The Seminole1br1BR,1BA$1.13
619 Vermont Pl, Unit 2619 Vermont PlStudio ,1BA$1.43
Utomin Apartments2 Bedroon2BR,1BA$1.50

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Indianapolis, IN. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and easy access to the parks, pet-friendly features, family-friendliness, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

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 The Washington listed at $740.

How much is rent for a Cheap One Bedroom Riley Apartment?

The lowest price for a Cheap One Bedroom Riley Apartment is $790 at Devonshire Apartments in Downtown Indianapolis.

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 $975 at Utomin Apartments.

What is the most affordable Riley Three Bedroom Apartment?

The best deal on a cheap Riley Three Bedroom Apartment rental is at Artistry Indy and starts from $2,083.

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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Signing Your Apartment Lease: The Basics

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

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Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.