Nearby rentals
Property management
Pet Friendly
In-unit washer/dryer, a fully equipped kitchenette, private entrance, and private bath add everyday convenience, while pet-friendly policies and free on-site parking provide added flexibility. These features create a practical, comfortable living option with easy access and self-contained amenities.
Things you’ll love
Elementary school nearbyDishwasherExtra StorageGreat for
Pet ownersApartment Amenities
| Air Conditioning | Dryer |
| Electricity | Forced Air |
| Furnished | Gas |
| Hardwood Floor | Washer |
| Water |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Range/Oven |
| Refrigerator |
Tech
| Alarm System | Wired For Internet |
Building
| Cats OK | Controlled Building |
| Dogs OK | Security Cameras |
| Sewage |
Services
| Garbage |
Other
| Designated Space |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Property Id: 2309753 Welcome to 1238 S State Ave Unit 4, a fully-furnished private studio apartment nestled in the heart of Indianapolis, IN 46203. This modern, separate unit offers a stylish and convenient living space just a short 5-minute walk from Fountain Square—one of the city’s most vibrant neighborhoods, known for its lively bars, restaurants, and cultural attractions. Designed for a minimum stay of 30 days, this pet-friendly studio features a private entrance and private bath, making it an ideal option for those seeking both comfort and independence. The unit is best suited for a single occupant, with an additional $250 charge for each extra guest. Inside, you'll find all the essentials for a seamless stay: kitchenware, bathware, and linens are provided, along with a fully equipped kitchenette including a stovetop, full-size fridge, microwave, dishwasher, and cooking essentials. Enjoy a quiet, non-smoking environment with air conditioning, heating, and blazing fast WiFi. Entertainment is covered with a 65-inch Smart TV, perfect for streaming your favorite shows. Additional amenities include an in-unit washer/dryer, full-size ironing board, hair dryer, starter toiletries, and thoughtful safety features such as a smoke detector, carbon monoxide detector, first aid kit, and fire extinguisher. Parking is hassle-free with free on-site parking and disabled spaces available. While stairs are present, wide hallways and proximity to public transportation, including IndyGo, add to the convenience. Healthcare access is also excellent, with IU Health, Eskenazi Health Center, and Riley Hospital for Children all within a short drive. Whether you're in town for work, extended travel, or simply exploring the city, this well-appointed studio offers everything you need to feel right at home.
How 1238 S State Ave, Indianapolis, IN 46203, USA compares to other nearby properties.
Positives
| Zip code | 46203 |
|---|---|
| Type | Apartment for rent |
studio apartments at 1238 S State Ave #4 cost about 50% more than the average rent price for studio apartments in Indianapolis.
| Month | Median Rent |
|---|---|
| October 2024 | $1,131 |
| November 2024 | $1,126 |
| December 2024 | $1,105 |
| January 2025 | $1,194 |
| February 2025 | $1,191 |
| March 2025 | $1,151 |
| April 2025 | $1,121 |
| May 2025 | $1,139 |
| June 2025 | $1,158 |
| July 2025 | $1,185 |
| August 2025 | $1,178 |
| September 2025 | $1,065 |
| October 2025 | $1,063 |
| November 2025 | $1,048 |
| December 2025 | $1,029 |
| January 2026 | $1,039 |
| February 2026 | $1,034 |
| March 2026 | $1,004 |
| April 2026 | $955 |
| May 2026 | $951 |
| June 2026 | $892 |
| July 2026 | $871 |
| August 2026 | $888 |
| September 2026 | $935 |
Can I afford to live at 1238 S State Ave #4?
Bedrooms
StudioRent-to-income ratio
30%
$56,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| 3 months ago | $1,300 | Studio | 1 bath | ||
| 5 months ago | $1,500 | 1 bed | 1 bath | ||
| 6 months ago | $1,400 | 1 bed | 1 bath | ||
| 7 months ago | $1,500 | 1 bed | 1 bath | ||
| 10 months ago | $1,400 | 1 bed | 1 bath | ||
| 1 year ago | $1,700 | 2 bed | 1 bath | ||
| 1 year ago | $1,300 | 1 bed | 1 bath | ||
| 1 year ago | $1,500 | 1 bed | 1 bath | ||
| 1 year ago | $1,500 | 1 bed | 1 bath |
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Occupied
1 Bed
1 Bath
$1,425
In-Unit Laundry • Assigned Parking • Hardwood Floor • Air Conditioning • On-Site Laundry • Furnished
Occupied
1 Bed
1 Bath
$1,500
In-Unit Laundry • Assigned Parking • Dishwasher • Hardwood Floor • Air Conditioning • On-Site Laundry
Occupied
2 Beds
1 Bath
$1,700
In-Unit Laundry • Assigned Parking • Dishwasher • Hardwood Floor • Air Conditioning • Furnished
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$1,299–$2,617
Near Westside • 460 N White River Pkwy West Dr
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Downtown Indianapolis • 530 E Ohio St
Studio–2 Beds
$1,123–$1,661
Martindale - Brightwood • 3132 Dr Andrew J Brown Ave
Studio–2 Beds
$1,095–$2,120
I65-South Emerson • 6810 Valley Ridge Dr
1–2 Beds
$1,051–$4,510
8396 Gunnoah Way W
1–2 Beds
$1,354–$1,615
Near Northside • 2136 Central Ave
Studio–2 Beds
$1,299–$2,617
Near Westside • 460 N White River Pkwy West Dr
Studio–2 Beds
$1,095–$1,750
Downtown Indianapolis • 530 E Ohio St
Studio–2 Beds
$1,123–$1,661
