Updated 18 Hours Ago
Highlights
Pet Friendly
Location
1517 E Michigan St #2, Indianapolis, IN 46201, USA|Near Eastside
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Property Overview
Located in Indianapolis, this home offers a balanced mix of practical advantages and appealing features that may fit a range of preferences. Its notable qualities and overall strengths suggest convenience and versatility for everyday living.
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
High school nearby- Middle school nearby
- Less expensive
Great for
Pet owners
Amenities for 1517 E Michigan St #2, Near Eastside
Apartment Amenities
| Air Conditioning | Washer/Dryer Hookups |
Appliances
| In-Unit Laundry | Range |
| Refrigerator |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
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
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
About 1517 E Michigan St #2
Property comes with stove, refrigerator, and air conditioning Washer and dryer in common area $50 Utility Fee Small pets welcome with a one-time pet fee of $250 per pet, 2 pet max **To view property, click the "Contact Us" button to submit an inquiry, or call the office. Our leasing agents will contact you the same or next business day to schedule a showing.
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 1517 E Michigan Street, Indianapolis, IN 46201, USA compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.1 miles away
- Middle school nearby
- There is a middle school 0.5 miles away
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Images available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building
Address details
| Neighborhood | Near Eastside |
|---|---|
| Zip code | 46201 |
| Type | Apartment for rent |
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Rent trends in Near Eastside
1-bedroom apartments at 1517 E Michigan St #2 cost about 10% less than the average rent price for 1-bedroom apartments in Indianapolis.
Median rents as of Oct 31 2026.
Near Eastside
Indianapolis
| Month | Median Rent |
|---|---|
| November 2024 | $1,126 |
| December 2024 | $1,125 |
| January 2025 | $1,152 |
| February 2025 | $1,150 |
| March 2025 | $1,087 |
| April 2025 | $1,024 |
| May 2025 | $1,087 |
| June 2025 | $1,098 |
| July 2025 | $1,090 |
| August 2025 | $1,097 |
| September 2025 | $1,105 |
| October 2025 | $1,080 |
| November 2025 | $1,046 |
| December 2025 | $1,048 |
| January 2026 | $1,017 |
| February 2026 | $1,022 |
| March 2026 | $1,011 |
| April 2026 | $1,017 |
| May 2026 | $1,007 |
| June 2026 | $1,016 |
| July 2026 | $1,064 |
| August 2026 | $1,046 |
| September 2026 | $1,049 |
| October 2026 | $1,047 |
| Month | Median Rent |
|---|---|
| November 2024 | $754 |
| December 2024 | $779 |
| January 2025 | $803 |
| February 2025 | $800 |
| March 2025 | $799 |
| April 2025 | $799 |
| May 2025 | $796 |
| June 2025 | $792 |
| July 2025 | $797 |
| August 2025 | $833 |
| September 2025 | $847 |
| October 2025 | $843 |
| November 2025 | $840 |
| December 2025 | $827 |
| January 2026 | $809 |
| February 2026 | $820 |
| March 2026 | $833 |
| April 2026 | $800 |
| May 2026 | $800 |
| June 2026 | $816 |
| July 2026 | $802 |
| August 2026 | $800 |
| September 2026 | $812 |
| October 2026 | $831 |
Affordability calculator
Can I afford to live at 1517 E Michigan St #2?
Bedrooms
1 bedroomRent-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
$30,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $30,000 annually to afford this 1-bedroom monthly rent price of $750.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 1 Bed, 1 Bath | 2 months ago | $750 | 1 bed | 1 bath | |
| 5 years ago | $675 | 1 bed | 1 bath | ||
| 5 years ago | $650 | Studio | 1 bath | ||
| 6 years ago | $725 | 2 bed | 1 bath | ||
| 1 Bed, 1 Bath | 8 years ago | $700 | 1 bed | 1 bath |
Schools near 1517 E Michigan St #2
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
Indiana School for the Deaf
1200 e 42nd st
indianapolis, IN, 46205
PK, K-12Public
Getting around Indianapolis near 1517 E Michigan St #2
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 1517 E Michigan St #2, Indianapolis
Groceries
6/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
8/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
9/10
Wide variety of bars within a few minutes' walk
Other units at this address
1517 E Michigan Street, Indianapolis, IN
1517 E Michigan Street Indianapolis, IN
Occupied
1
Studio
1 Bath
$650
Occupied
3
1 Bed
1 Bath
$675
Occupied
2
2 Beds
1 Bath
$725
Occupied
2 Beds, 1 Bath
2 Beds
1 Bath
$725
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