
Cheap 1 Bedroom Apartments for Rent in the Riverside Neighborhood of Indianapolis, IN from $425 (81 Rentals)


1515 King Ave

1525 King Ave

Union at 16th

1341 W Congress Ave

1326 Medford Ave

Maple Court

The Sheldrake Apartments

St. Agnes Apartments

Indy Flats

1733 N. Meridian

Meridian Towers

The Seminole

The Whitaker

The Washington

El Dorado

Riverside Apartments

Dunbar Court

Devonshire Apartments in Downtown Indianapolis

Woods at Oak Crossing

270 N Addison St

Wildwood Village Apartments

Lockefield Gardens

Circle City Apartments

Buckingham & Balmoral

126 E Vermont St

239 E 9th St

Canal Overlook Apartments

Stadium Lofts & Flats

Canal Square

River West Flats

Ralston Apartments

9 on Canal

946 MLK
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 | $1,156 | $585 | $3,170 |
Riverside 1 Bedroom Apartments | $1,425 | $425 | $3,646 |
Riverside 2 Bedroom Apartments | $2,044 | $875 | $7,467 |
Riverside 3 Bedroom Apartments | $2,091 | $1,000 | $6,629 |
Riverside 4 Bedroom Apartments | $1,438 | $699 | $2,796 |
Explore Indianapolis
Riverside, Indianapolis, IN Local Guide
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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 $805.
What is the price of a cheap apartment in Riverside?
The cheapest apartment in Riverside is 1043 N Holmes Ave which is listed at $390, while the average apartment in Riverside costs $1,927.
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 65 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 $347 which is $1,580 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.

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.

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.

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.