Updated 12 Minutes Ago
Location
3123 E Michigan St #B, Indianapolis, IN 46201, USA|Near Eastside
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Property Overview
Conveniently located in Indianapolis, this home offers easy access to nearby amenities, local services, and commuter routes. It may appeal to buyers seeking a practical urban setting with features that support comfortable 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
Less expensive- High school nearby
- Images available
Great for
Pet owners
Amenities for 3123 E Michigan St #B, Near Eastside
Features
| 2 Floors | Electric Heating |
| Forced Air | Hardwood Floor |
Community
| Basement |
Services
| Concierge Service | Package Service |
Other
| Exterior Type: Aluminum Siding | Three 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 3123 E Michigan St #B
Sweet deal!
This listing is 48% below the median price for 2 bedroom apartments in Near Eastside.
Property Status: Pending Discover exceptional living in Indianapolis. This charming multiplex rental features two cozy bedrooms, a modern full bath, and elegant hardwood flooring across. Enjoy a bright, airy atmosphere with ample natural light. Located in a dynamic neighborhood, this home offers easy access to local attractions, dining, and shopping. Perfect for relaxation or entertaining, it blends comfort, style, and convenience. Experience the charm and make it your new home. In addition to rent, tenants are responsible to pay $60 per month for water/sewer. All residents will be enrolled in a Resident Benefits Package (RBP) and these packages range from $45 - $55 per month and include benefits such as liability insurance, credit building to help boost the resident's credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. Office Phone: (317) 842-3400 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 3123 E Michigan St, Indianapolis, IN 46201, USA compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- High school nearby
- There is a high school 0.4 mile away
- Images available
- There are at least 10 photos of this address
- Package service
- More secure storage for delivery
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.5 mile away
Address details
| Neighborhood | Near Eastside |
|---|---|
| Zip code | 46201 |
| Type | Condo for rent |
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Rent trends in Near Eastside
2-bedroom apartments at 3123 E Michigan St #B cost about 48% less than the average rent price for 2-bedroom apartments in Indianapolis.
Median rents as of Aug 1 2026.
Near Eastside
Indianapolis
| Month | Median Rent |
|---|---|
| August 2024 | $1,375 |
| September 2024 | $1,384 |
| 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 | $1,275 |
| Month | Median Rent |
|---|---|
| August 2024 | $995 |
| September 2024 | $1,075 |
| 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 |
Affordability calculator
Can I afford to live at 3123 E Michigan St #B?
Bedrooms
2 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
$23,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $23,800 annually to afford this 2-bedrooms monthly rent price of $595.
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 year ago | $625 | 1 bed | 1 bath | ||
| 1 year ago | $595 | 2 bed | 1 bath | ||
| 2 years ago | $595 | 1 bed | 1 bath | ||
| 3 years ago | $595 | 1 bed | 1 bath | ||
| 3 years ago | $595 | 1 bed | 1 bath | ||
| 3 years ago | $595 | 1 bed | 1 bath | ||
| 3 years ago | $545 | 1 bed | 1 bath | ||
| 4 years ago | $500 | 1 bed | 1 bath | ||
| 4 years ago | $500 | 1 bed | 1 bath |
Schools near 3123 E Michigan St #B
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+
Francis Bellamy Pre-School Center
9501 e 36th st
indianapolis, IN, 46236
PKPublic
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Internet available near 3123 E Michigan St #B
Getting around Indianapolis near 3123 E Michigan St #B
Walking
6/10
Some shops and stores are within a few minutes.
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 3123 E Michigan St #B, Indianapolis
Groceries
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
5/10
Variety of shops within a short drive
Cafes
5/10
Variety of cafés within a short drive
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
7/10
Wide variety of bars within a short drive, including some within walking distance
Explore the area around 3123 E Michigan St #B
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Rainbow
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Family Dollar
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Gifted Gown
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Indy Connect Boutique
3008 E 10th St
Hortons Garage Indy LLC
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Rabble Coffee
2119 E 10th St
Neidhammer Coffee Co
2104 E Washington St
Neidhammer Wedding & Events Center
2104 E Washington St
Dunkin'
4404 E 10th St
Golden Ace Inn
2533 E Washington St
Tick Tock Lounge
2602 E 10th St
New Yorker
302 N Colorado Ave
Mad Griddle
2127 E 10th St
Beholder
1844 E 10th St
TJ's Sweet Confections
Panaderia Oaxaquena Bakery
3617 E 10th St
Linwood Square
4445 E 10th St
Kroger Bakery
4445 E 10th St
Klosterman Baking Co
1433 N Sherman Dr
Playground
Englewood CDC Playspace
Playground
St Philip Neri Pocket Park
Englewood Nature Playspace and Garden
Circles Ice Cream
Fast Tacos
Jack's Pizza
Pizza Products
TJ's Sweet Confections
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Other units at this address
3123 E Michigan St, Indianapolis, IN
3123 E Michigan St Indianapolis, IN
Occupied
A
Our team has verified this company1 Bed
1 Bath
$625
Occupied
D
1 Bed
1 Bath
$550
Occupied
C
1 Bed
1 Bath
$550
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