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Updated 5+ Days Ago
Location
2948 E Michigan St #2, Indianapolis, IN 46201, USA|Near Eastside
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 2948 E Michigan St #2
Newly finished and move in ready, this updated 2 bed, 1 bath home offers a clean, comfortable layout in a convenient Indianapolis location. The home features fresh finishes, bright living space, updated flooring, and a refreshed bathroom that gives it a modern feel. The fenced backyard adds extra privacy and outdoor space, perfect for relaxing, pets, or enjoying evenings outside. Located on E Michigan Street, you're just minutes from downtown Indianapolis, Bottleworks, Mass Ave, Irvington, and major commuter routes. The location makes it easy to get to restaurants, shopping, entertainment, hospitals, and local employers without being tucked too far away from the city. This is a great fit for someone wanting an affordable, updated rental with quick access to everything Indy has to offer. Move in and enjoy a furnished home that feels simple, clean, and ready from day one.
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 2948 E Michigan St #2 compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.4 mile away
Address details
| Neighborhood | Near Eastside |
|---|---|
| Zip code | 46201 |
| Type | Apartment for rent |
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Available rentals nearby
Rent trends in Near Eastside
2-bedroom apartments at 2948 E Michigan St #2 cost about 16% more than the average rent price for 2-bedroom apartments in Indianapolis.
Median rents as of Sep 12 2026.
Near Eastside
Indianapolis
| Month | Median Rent |
|---|---|
| September 2024 | $1,386 |
| October 2024 | $1,394 |
| November 2024 | $1,392 |
| December 2024 | $1,378 |
| January 2025 | $1,389 |
| February 2025 | $1,389 |
| March 2025 | $1,333 |
| April 2025 | $1,312 |
| May 2025 | $1,322 |
| June 2025 | $1,312 |
| July 2025 | $1,298 |
| August 2025 | $1,290 |
| September 2025 | $1,266 |
| October 2025 | $1,275 |
| November 2025 | $1,275 |
| December 2025 | $1,256 |
| January 2026 | $1,245 |
| February 2026 | $1,239 |
| March 2026 | $1,250 |
| April 2026 | $1,250 |
| May 2026 | $1,275 |
| June 2026 | $1,288 |
| July 2026 | $1,270 |
| August 2026 | $1,290 |
| September 2026 | $1,300 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,100 |
| October 2024 | $1,153 |
| November 2024 | $1,104 |
| December 2024 | $1,034 |
| January 2025 | $1,012 |
| February 2025 | $1,000 |
| March 2025 | $999 |
| April 2025 | $1,075 |
| May 2025 | $1,078 |
| June 2025 | $1,098 |
| July 2025 | $1,089 |
| August 2025 | $1,087 |
| September 2025 | $1,100 |
| October 2025 | $1,112 |
| November 2025 | $1,120 |
| December 2025 | $1,170 |
| January 2026 | $1,162 |
| February 2026 | $1,186 |
| March 2026 | $1,190 |
| April 2026 | $1,181 |
| May 2026 | $1,196 |
| June 2026 | $1,152 |
| July 2026 | $1,112 |
| August 2026 | $1,149 |
| September 2026 | $1,125 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 3 months ago | $1,300 |
Schools near 2948 E Michigan St #2
Thomas D. Gregg School No. 15
2302 e michigan st
indianapolis, IN, 46201
PK, K-6Public
C-
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
Family Development Services - Windsor Village East
5950 e 23rd st
indianapolis, IN, 46218
PKPublic
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
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Internet available near 2948 E Michigan St #2
Getting around Indianapolis near 2948 E Michigan St #2
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 2948 E Michigan St #2, Indianapolis
Groceries
5/10
At least one supermarket within a 20-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-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
4/10
Some bars within walking distance
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