
Cheap Homes for Rent in Riverside Neighborhood of Indianapolis, IN from $600 (30 Rentals)
Search the lowest-cost Homes available for rent right now in the Riverside area of Indianapolis.


1308 Medford Ave

3116 N Harding St

4 E Washington St

3715 N Meridian St

725 Lynn St

524 W 23rd St

316 W 29th St

3302 N Harding St

1260 W 25th St

3613 Clifton St

544 W 29th St

1230 N Belmont Ave

37 West St Clair Street

1226 N Belmont Ave

3150 Boulevard Pl

2060 N Delaware St

3301 W 11th St

1839 N Dexter St

55 W Fall Creek Pkwy S Dr

1058 N Traub Ave

709 N Rochester Ave

3133 W Michigan St

2805 1

2805 Boulevard Pl

1161 N Tremont St

756 N Tremont St

3409 N Capitol Ave

1700 N Alton Ave

1803 Wilcox St
Riverside, Indianapolis, IN Local Guide

How much does it cost to rent a home in Riverside?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Riverside 2 Bedroom Homes for Rent | $1,568 | $749 | $2,900 |
Riverside 3 Bedroom Homes for Rent | $1,978 | $1,199 | $6,200 |
Riverside 4 Bedroom Homes for Rent | $1,722 | $1,500 | $2,150 |
Riverside 5 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
Browse Homes for Rent in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the Riverside Neighborhood of Indianapolis, IN.
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Riverside, Indianapolis, IN Local Guide
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Cheapest Available Riverside Apartments for Rent
 The cheapest available apartment rental in the Riverside area of Indianapolis, IN is a 1 Bed unit found at 1043 N Holmes Ave priced from $390. 281 N Warman Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $425. Here are the most affordable Riverside apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
1043 N Holmes Ave | 1043 N Holmes Ave | 1BR,1BA | $390 |
281 N Warman Ave | 281 N Warman Ave | 1BR,1BA | $425 |
Illinois Street Senior Apartments | Studio 3 30% | Studio,1BA | $462 |
Union at 16th | 1 Bed 1 Bath | 1BR,1BA | $684 |
Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $699 |
Proctor Place | 1 Bedroom | 1BR,1BA | $725 |
St. Agnes Apartments | *Studio- Loft | Studio,1BA | $740 |
Fields Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $767 |
1733 N. Meridian | 1BR | 1BR,1BA | $780 |
Eagledale Senior Apartments | 0B 50% | Studio,1BA | $831 |
Best Value Apartments for Rent in Riverside, IN
As of March 28, 2025 the best value apartment in the Riverside area is the $0.82 price per square foot 2332 Alabama St Model at 2332 Alabama St in the in the Near North Indianapolis neighborhood starting from $1,650. The second greatest value Riverside apartment is the 2862 Highland Pl Model at 2862 Highland Pl starting at $1,342 with a $1.22 price per square foot in the Cheswick Place neighborhood. Here is today’s list of the best values for Riverside apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2332 Alabama St | 2332 Alabama St | 3BR,3BA | $0.82 |
2862 Highland Pl | 2862 Highland Pl | 2BR,1BA | $1.22 |
Mansion Row - Where Historic Charm Meets Modern | 7178B1 Traditional 2x2 (1100 sqft) | 2BR,2BA | $1.24 |
Riverside Apartments | 2 Bedroom 1.5 Bath Townhouse | 2BR,1.5BA | $1.00 |
Proctor Place | 2 Bedroom | 2BR,1BA | $1.17 |
1733 N. Meridian | 1BR | 1BR,1BA | $1.04 |
The Sheldrake Apartments | 1 Bedroom With Den | 1BR,1BA | $1.17 |
The Seminole | 1br | 1BR,1BA | $1.13 |
Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $1.00 |
Fields Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.15 |
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Frequently Asked Questions about Riverside
What type of rentals are currently available in Riverside?
There are currently 299 Apartments for Rent in Riverside, IN with pricing that ranges from $425 to $7,693. There are also 98 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverside ranging from $650 to $6,200.
What is the current price range for Rental Homes in Riverside?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverside ranges from $650 to $6,200 with an average monthly rent of $1,624.
How much are larger Three and Four Bedroom Rentals in Riverside?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Riverside range from $1,000 to $6,747, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,199 to $6,200. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $699.
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.

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.