Cheap Apartments for Rent in the Riley Neighborhood of Indianapolis, IN from $500 (73 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Riley area of Indianapolis.

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The Seminole
Rent Specials
from $8331 Bedroom Apartments Available Now

The Seminole

920 N Alabama StIndianapolis, IN 46202
Transit Friendly
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  • Low Income
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Utomin Apartments
from $9001 to 2 Bedroom Apartments Available Apr 9

Utomin Apartments

658 E 11th StIndianapolis, IN 46202
Transit Friendly
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  • Customer Reviewed
  • Utilities Inc.
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The Washington
from $9952 Bedroom Apartments Contact Us For Availability

The Washington

1401 N Pennsylvania StIndianapolis, IN 46202
Transit Friendly
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College Manor
Rent Specials
from $1,0501 Bedroom Apartments Available Now

College Manor

1450 N College AveIndianapolis, IN 46202
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16 Park Apartments
1 to 4 Bedroom Apartments

16 Park Apartments

1621 N Park AveIndianapolis, IN 46202
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Rotherwood
Studio to 2 Bedroom Apartments

Rotherwood

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

Windsor

1235 N Delaware StIndianapolis, IN 46202
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Barbee
1 Bedroom Apartments

Barbee

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

The Jordan

1445 N Delaware StIndianapolis, IN 46202
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Victoria Apartments
Studio Apartments

Victoria Apartments

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

The Harrison

1320 N Delaware StIndianapolis, IN 46202
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Canal Gardens
1 Bedroom Apartments

Canal Gardens

1249 Dr Martin Luther King Jr StIndianapolis, IN 46202
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PICCADILLY
Studio to 1 Bedroom Apartments

PICCADILLY

28 E 16th StIndianapolis, IN 46202
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The Marleigh
Studio to 1 Bedroom Apartments

The Marleigh

1434-1448 N Delaware StIndianapolis, IN 46202
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Capitol Manor
1 Bedroom Apartments

Capitol Manor

842 N Capitol AveIndianapolis, IN 46204
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Showing Results 1-50, Page 1 of 2

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 St. Agnes Apartments priced from $765. The Seminole has the second lowest priced unit, which is a 1 Bed apartment currently listed from $833. Here are the most affordable Riley apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
St. Agnes Apartments514 StudioStudio,1BA$765
The Seminole1br1BR,1BA$833
Priscilla on PennsylvaniaStudioStudio,1BA$875
Maxwell ApartmentsMilanStudio,1BA$959
Line LoftsThe Inspiration 60% HOME2BR,1BA$962
Circle City ApartmentsWinterhouse Studio 410Studio,1BA$970
Senate Manor1.1 Ap1BR,1BA$1,005
800 CapitolImprint 60%1BR,1BA$1,005
SpinkSpink Studio 510Studio,1BA$1,030
Temple LoftsA81BR,1BA$1,050

Best Value Apartments for Rent in Riley, IN

As of March 09, 2025 the best value apartment in the Riley area is the $1.14 price per square foot 352 N Arsenal Ave Model at 352 N Arsenal Ave in the in the Riley neighborhood starting from $2,050. The second greatest value Riley apartment is the 3 Bedroom 2 Bath Model at The Block starting at $2,459 with a $1.39 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.
352 N Arsenal Ave352 N Arsenal Ave3BR,1.5BA$1.14
The Block3 Bedroom 2 Bath3BR,2BA$1.39
747 ApartmentsC23BR,3BA$1.48
707 NorthThe Monument 60%2BR,2BA$1.30
Line LoftsThe Inspiration 60%2BR,1BA$1.42
RaleighRaleigh 1BTH 8861BR,2BA$1.42
Gardens of Canal CourtOne Bedroom One Bath (875 Square Feet)1BR,1BA$1.45
Lockerbie FlatsStudioStudio ,1BA$1.43
The Seminole1br1BR,1BA$1.13
1010 CentralLoft 60%1BR,1BA$1.52

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Riley, Indianapolis, IN

Ranked #5

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 St. Agnes Apartments listed at $765.

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

The lowest price for a Cheap One Bedroom Riley Apartment is $833 at The Seminole.

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 $962 at Line Lofts.

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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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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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.

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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.