Cheap Apartments for Rent in the Riverside Neighborhood of Indianapolis, IN from $300 (109 Rentals)Page 3 of 3
Search the lowest-cost Apartments available for rent right now in the Riverside area of Indianapolis.

632 MLK Apartments

The Congress at Library Square
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 | $1,185 | $585 | $3,684 |
Riverside 1 Bedroom Apartments | $1,428 | $335 | $3,813 |
Riverside 2 Bedroom Apartments | $2,068 | $700 | $9,630 |
Riverside 3 Bedroom Apartments | $1,987 | $1,200 | $5,624 |
Riverside 4 Bedroom Apartments | $1,517 | $700 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 109 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 $895.
What is the price of a cheap apartment in Riverside?
The cheapest apartment in Riverside is Meridian Towers which is listed at $789, 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 73 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 $265 which is $1,529 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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.