Cheap 1 Bedroom Apartments for Rent in the Riverside Neighborhood of Indianapolis, IN from $677 (68 Rentals)

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Riverside

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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Charmwood Terrace
1 Bedroom Apartments

Charmwood Terrace

3419 N Pennsylvania StIndianapolis, IN 46205
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Barbee
1 Bedroom Apartments

Barbee

1215 N Pennsylvania StIndianapolis, IN 46202
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The Historic Bauer
1 Bedroom Apartments

The Historic Bauer

3720 N Meridian StIndianapolis, IN 46208
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Marblehead
1 Bedroom Apartments

Marblehead

3310 N Meridian StIndianapolis, IN 46208
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Rotherwood
1 Bedroom Apartments

Rotherwood

1503 N Pennsylvania StIndianapolis, IN 46202
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Historic Dorchester
1 Bedroom Apartments

Historic Dorchester

3720 N Pennsylvania StIndianapolis, IN 46205
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Canal Gardens
1 Bedroom Apartments

Canal Gardens

1249 Dr Martin Luther King Jr StIndianapolis, IN 46202
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Oxmoor Indy
1 Bedroom Apartments

Oxmoor Indy

3640 N Meridian StIndianapolis, IN 46208
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Winston
1 Bedroom Apartments

Winston

3630 N Meridian StIndianapolis, IN 46208
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Admiral
1 Bedroom Apartments

Admiral

3025 N Meridian StIndianapolis, IN 46208
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The Marleigh
1 Bedroom Apartments

The Marleigh

1434-1448 N Delaware StIndianapolis, IN 46202
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The Jordan
1 Bedroom Apartments

The Jordan

1445 N Delaware StIndianapolis, IN 46202
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Windsor
1 Bedroom Apartments

Windsor

1235 N Delaware StIndianapolis, IN 46202
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The Harrison
1 Bedroom Apartments

The Harrison

1320 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

Riverside, Indianapolis, IN Local Guide

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.

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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 1043 N Holmes Ave which is listed at $390, while the average apartment in Riverside costs $1,810.

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 61 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 $434 which is $1,376 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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

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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.

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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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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.