
Cheap Apartments for Rent in the Riverside Neighborhood of Indianapolis, IN from $300 (97 Rentals)Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Riverside area of Indianapolis.


Magnolia Living - 3330-3340 N. Meridian St.

The Congress at Library Square

632 MLK Apartments

Illinois Street Senior Apartments
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 | $1,175 | $585 | $3,644 |
Riverside 1 Bedroom Apartments | $1,413 | $390 | $3,727 |
Riverside 2 Bedroom Apartments | $2,003 | $700 | $9,915 |
Riverside 3 Bedroom Apartments | $2,006 | $1,186 | $6,168 |
Riverside 4 Bedroom Apartments | $1,434 | $700 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 97 rentals with your search options within a 2 mile radius of the Riverside Neighborhood of Indianapolis, IN.
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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 $850.
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 $1,794.
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 75 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 $313 which is $1,481 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.

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 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.