4 E Washington St
IndianapolisIN46204
Cheap Homes for Rent in Riley Neighborhood of Indianapolis, IN from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Riley area of Indianapolis.
1413 E Washington St
IndianapolisIN46201
37 West St Clair Street
IndianapolisIN46204
1329 E Market St
IndianapolisIN46202
312 E 13th St
IndianapolisIN46202
1408 Broadway St
IndianapolisIN46202
1335 Central Ave
IndianapolisIN46202
335 W 9th St
IndianapolisIN46202
335 W 9th St
IndianapolisIN46202
335 W 9th St
IndianapolisIN46202
Riley
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
Showing Results 1-10, Page 1 of 1
Riley, Indianapolis, IN Local Guide
How much does it cost to rent a home in Riley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riley 2 Bedroom Homes for Rent | $2,446 | $1,500 | $4,700 |
| Riley 3 Bedroom Homes for Rent | $2,991 | $1,800 | $6,200 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 1 mile radius of the Riley Neighborhood of Indianapolis, IN.
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Riley, Indianapolis, IN Local Guide
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Cheapest Available Riley Apartments for Rent
The cheapest available apartment rental in the Riley area of Indianapolis, IN is a Studio unit found at Illinois Street Senior Apartments priced from $462. St. Agnes Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here are the most affordable Riley apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Illinois Street Senior Apartments | Studio 3 30% | Studio,1BA | $462 |
| St. Agnes Apartments | *Studio- Loft | Studio,1BA | $740 |
| The Seminole | 1br | 1BR,1BA | $833 |
Best Value Apartments for Rent in Riley, IN
As of April 15, 2025 the best value apartment in the Riley 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 Riley apartment is the Two Bedroom Two Bath (1,184 - 1,194 Square Feet) Model at Gardens of Canal Court starting at $1,543 with a $1.29 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for Riley 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 |
| Gardens of Canal Court | Two Bedroom Two Bath (1,184 - 1,194 Square Feet) | 2BR,2BA | $1.29 |
| Penn Street Tower Apartments | Senate: Floors 10-12 | 2BR,1BA | $1.37 |
| 707 North | The Lockerbie 60% | 2BR,2BA | $1.31 |
| Indy Colonial Apartments | Two Bedroom | 2BR,1BA | $1.30 |
| Line Lofts | The Inspiration 60% | 2BR,1BA | $1.42 |
| Lockerbie Flats | 1 Bedroom | 1BR,2BA | $1.48 |
| The Seminole | 1br | 1BR,1BA | $1.13 |
| College Manor | 1 BR | 1BR,1BA | $1.57 |
| Utomin Apartments | 2 Bedroon | 2BR,1BA | $1.50 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Riley
What type of rentals are currently available in Riley?
There are currently 210 Apartments for Rent in Riley, IN with pricing that ranges from $605 to $8,415. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riley ranging from $695 to $6,200.
What is the current price range for Rental Homes in Riley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Riley ranges from $695 to $6,200 with an average monthly rent of $1,916.
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.
Know Your Rights - How Discrimination Laws Impact Landlords & 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.
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.