Updated 5+ Days Ago
Highlights
New Construction
- Modern living
- Outdoor enjoyment
Location
117 N Arsenal Ave, Indianapolis, IN 46201, USA|Near Eastside
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Property Overview
Modern living and outdoor enjoyment stand out, along with a strong value per square foot that ranks in the 100th percentile locally. Nearby highly rated schools and a generous photo set add convenience and a helpful first look for renters.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Elementary school nearby
- Middle school nearby
Great for
Pet owners
Amenities for 117 N Arsenal Ave, Near Eastside
Features
| 2 Floors | Central Air |
| Electric Heating | Walk-in Closet |
Appliances
| Dishwasher |
Other
| Architecture Style: Craftsman | Exterior Type: Wood Siding |
| Seven Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 117 N Arsenal Ave
Property Status: Active 50 % OFF 1 Month's Rent if approved for March 1st Move in date. Located at 117 N. Arsenal, INDY, this home has a wonderful living space in the Holy Cross Neighborhood. This brand-new 2026 construction, this property provides an opportunity to experience modern living. With 1250 square feet of living area, the layout offers a comfortable modern homey feel. The residence features 3 bedrooms and 2 full bathrooms, providing enough space for a variety of lifestyle needs, from a home office to guest accommodations. Imagine the convenience of having these facilities, offering a smooth start to your mornings and a relaxing end to your evenings. The home is perfect for outdoor enjoyment and relaxation. This Property is Broker owned. Office Phone: (317) 339-5874 Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 117 N Arsenal Ave compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 1342 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Middle school nearby
- There is a middle school 1 mile away
- High school nearby
- There is a high school 0.4 mile away
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this address
- Walk-in closet
- More closet space on average
Address details
| Neighborhood | Near Eastside |
|---|---|
| Zip code | 46201 |
| Type | Condo for rent |
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Rent trends in Near Eastside
3-bedroom apartments at 117 N Arsenal Ave cost about 29% more than the average rent price for 3-bedroom apartments in Indianapolis.
Median rents as of Aug 8 2026.
Near Eastside
Indianapolis
| Month | Median Rent |
|---|---|
| August 2024 | $1,597 |
| September 2024 | $1,598 |
| October 2024 | $1,611 |
| November 2024 | $1,595 |
| December 2024 | $1,586 |
| January 2025 | $1,596 |
| February 2025 | $1,605 |
| March 2025 | $1,655 |
| April 2025 | $1,680 |
| May 2025 | $1,697 |
| June 2025 | $1,695 |
| July 2025 | $1,652 |
| August 2025 | $1,609 |
| September 2025 | $1,599 |
| October 2025 | $1,598 |
| November 2025 | $1,581 |
| December 2025 | $1,585 |
| January 2026 | $1,598 |
| February 2026 | $1,599 |
| March 2026 | $1,599 |
| April 2026 | $1,600 |
| May 2026 | $1,635 |
| June 2026 | $1,647 |
| July 2026 | $1,647 |
| August 2026 | $1,610 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,347 |
| September 2024 | $1,285 |
| October 2024 | $1,243 |
| November 2024 | $1,339 |
| December 2024 | $1,334 |
| January 2025 | $1,350 |
| February 2025 | $1,337 |
| March 2025 | $1,375 |
| April 2025 | $1,371 |
| May 2025 | $1,391 |
| June 2025 | $1,398 |
| July 2025 | $1,381 |
| August 2025 | $1,292 |
| September 2025 | $1,346 |
| October 2025 | $1,355 |
| November 2025 | $1,379 |
| December 2025 | $1,399 |
| January 2026 | $1,437 |
| February 2026 | $1,488 |
| March 2026 | $1,479 |
| April 2026 | $1,447 |
| May 2026 | $1,419 |
| June 2026 | $1,399 |
| July 2026 | $1,390 |
| August 2026 | $1,385 |
Affordability calculator
Can I afford to live at 117 N Arsenal Ave?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$72,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $72,000 annually to afford this 3-bedrooms monthly rent price of $1,800.
For more information on rent affordability, visit our rent calculator.
Schools near 117 N Arsenal Ave
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
Ips - Butler Lab at William Bell 60
3330 n pennsylvania
indianapolis, IN, 46205
PK, K-8Public
C+
Family Development Services, Inc. Service Center II Head Start
3637 n meridian st
indianapolis, IN, 46208
PKPublic
Family Development Services - Windsor Village East
5950 e 23rd st
indianapolis, IN, 46218
PKPublic
Impact Academy
320 n tibbs ave
indianapolis, IN, 46222
K-12Public
D
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Internet available near 117 N Arsenal Ave
Getting around Indianapolis near 117 N Arsenal Ave
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 117 N Arsenal Ave, Indianapolis
Groceries
5/10
At least one supermarket within a 20-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
4/10
At least one high school within a 20-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
5/10
Some bars within a few minutes’ walk
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