
Cheap 1 Bedroom Apartments for Rent in the Riverside Neighborhood of Indianapolis, IN from $335 (92 Rentals)


281 N Warman Ave

Kennedy Apartments

Riverside Apartments

1341 W Congress Ave

The Sheldrake Apartments

1322 Medford Ave

1326 Medford Ave
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.

1330 Medford Ave

Indy Flats

Meridian Towers

2043 N Talbott St

St. Agnes Apartments

The Whitaker

3340 N Meridian St
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!

Dunbar Court

Woods at Oak Crossing

Wildwood Village Apartments

Christian Place Apartments

Lockefield Gardens

Devonshire Apartments in Downtown Indianapolis

Circle City Apartments

Stadium Lofts & Flats

126 E Vermont St

1 W 28th St

Canal Square

River West Flats

Buckingham & Balmoral

Ralston Apartments

Indy Colonial Apartments

946 MLK

2131 North

9 on Canal

The Continental Towers at Vermont Place

Gardens of Canal Court

Wyndham Apartments

333 Penn Apartments

Penn Street Tower Apartments

406 N Delaware St
Riverside, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Riverside?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Riverside Studio Apartments | $1,202 | $585 | $3,650 |
Riverside 1 Bedroom Apartments | $1,427 | $335 | $3,800 |
Riverside 2 Bedroom Apartments | $2,044 | $700 | $9,733 |
Riverside 3 Bedroom Apartments | $2,015 | $930 | $5,624 |
Riverside 4 Bedroom Apartments | $1,436 | $700 | $2,800 |
Explore Indianapolis
Riverside, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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- ZIP codes
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Getting Around the Riverside Neighborhood in Indianapolis, IN
Walk Score®
33 / 100
Car-Dependent
Most errands require a car
Bike Score®
44 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
35 / 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 Riverside Apartments
What is a cheap apartment in Riverside?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverside is under $833.
What is the price of a cheap apartment in Riverside?
The cheapest apartment in Riverside is Kennedy Apartments which is listed at $559, while the average apartment in Riverside costs $1,995.
What types of apartments are the cheapest in 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 79 regular apartments in 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 Riverside?
Cheap apartments in Riverside have an average cost of $262 which is $1,733 cheaper than the average rent for all rentals in 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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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.

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.