Updated 5+ Days Ago
Highlights
Pet Friendly
- Parking lot
- Urban living
- Parking garage
- Conveniently available nearby
Location
406 N Delaware St #211, Indianapolis, IN 46204, USA|Downtown Indianapolis
Tour 406 N Delaware St #211
Contact
PMI Indianapolis
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Property management
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Property Overview
Open layout, a refrigerator, a laundry area, and parking options contribute to convenient everyday living in an urban setting. The property’s features support a practical, low-maintenance lifestyle with easy access to city amenities.
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
Fitness center- Images available
- Package service
Great for
Pet owners
Social life
Wellness
Amenities for 406 N Delaware St #211, Downtown Indianapolis
Appliances
| In-Unit Laundry |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Garage Parking |
Services
| On-Site Management | Package Service |
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
Cat Policy
Allowed
Large Dog Policy
Allowed
Other Policy
Allowed
Small Dog Policy
Allowed
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
About 406 N Delaware St #211
Home
Apartments in IndianapolisDowntown Indianapolis 406 N Delaware St #211, Indianapolis, IN 46204, USA
Apartments in IndianapolisDowntown Indianapolis 406 N Delaware St #211, Indianapolis, IN 46204, USA
Sweet deal!
This listing is 30% below the median price for 1 bedroom apartments in Downtown Indianapolis.
======================================= Water, sewer, and trash utilities are included in the rent. ======================================= *** Move In Special*** We are currently running a Quick Move In special for $500 off your first month's rent with any lease signed and a move in date on or prior to 11/13/2026. *** Move In Special*** Monthly Rent Breakdown: Total Estimated Monthly Rent: $1,019.99 Base Rent: $950.00 Resident Benefits Package (Required): $69.99 Shared Utility Charge: (water, sewer, trash) $0.00 Pet Rent (If applicable): $20 – $60/mo per pet Electric utility are to be transferred to the tenant’s name. Move-In Costs & Security Deposit Section: Move-In Upfront Costs: $1,119.99 First Month’s Rent & RBP: $1,019.99 Prorated Utility Charge: Varies based on move-in date $0.00 Document Processing Fee: (one-time) $100.00 Non Refundable Pet Deposit (If applicable): one time $250.00 Security Deposit & Guarantor Coverage: Security deposit requirements vary based on screening results. Fully approved applicants will pay a cash security deposit equal to one month’s rent, while conditionally approved applicants will pay a cash security deposit equal to one and a half months’ rent. Flexible leasing options available! While our standard lease term is 12 months, we also offer a 6-month lease for added convenience. Perfect for those needing a shorter stay—just note that short-term leases are offered at a 20% premium over the listed rent. Enjoy urban living at 406 N. Delaware St., Unit 211, a charming 1-bedroom, 1-bathroom apartment with 628 sq. ft. of comfortable living space in the heart of downtown Indianapolis. With an open layout, plenty of natural light, and convenient access to dining, shopping, entertainment, and public transportation, this unit is a great place to call home. The pet(s) is(are) a fully-grown male/female, dog(s)/cat(s) not to exceed 30 lbs. The following breeds will not be accepted under any circumstances: Akitas, Chows, Pit Bulls, Great Danes, Rottweilers, Doberman Pinschers. Puppies under 1 (one) year of age will not be permitted under any circumstances. No more than 2 pets are allowed per unit. Parking options are conveniently available nearby. A lot located directly across from Colonial at the church offers parking for $90/month (call 317-267-1400 for details). Additional options include: • 408 N. Delaware – $10 daily or $90/month (https denisonparking com 408-n-delaware ) • 438 N. Delaware – Parking garage available for $140/month (contact 317-376-0935 or ****) Please note that parking availability, pricing, and terms are subject to change and should be confirmed directly with the providers. There's a laundry area in the basement. Refrigerator and Range Provided. At Pmi, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (rbp) to address common headaches for our residents. Our program handles insurance, pest control, air filter changes, utility set up, credit building, resident rewards, identity protection and more at a rate of $69.99/month, added to every property as a required program. More details upon application. *If you provide your own insurance policy, the Rbp cost will be reduced by the amount of the insurance premium billed by Second Nature Insurance Services (npn No. 20224621). By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, ph..
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 406 N Delaware St, Indianapolis, IN 46204, USA compares to other nearby properties.
Positives
- Fitness center
- A gym just a few steps 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 0.3 miles away
- Greater distance from high schools
- The nearest high school is farther than 1.1 miles away
Address details
| Neighborhood | Downtown Indianapolis |
|---|---|
| Zip code | 46204 |
| Type | Apartment for rent |
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Rent trends in Downtown Indianapolis
1-bedroom apartments at 406 N Delaware St #211 cost about 30% less than the average rent price for 1-bedroom apartments in Indianapolis.
Median rents as of Nov 7 2026.
Downtown Indianapolis
Indianapolis
| Month | Median Rent |
|---|---|
| November 2024 | $1,125 |
| 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 |
| November 2026 | $1,035 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,436 |
| December 2024 | $1,470 |
| January 2025 | $1,481 |
| February 2025 | $1,500 |
| March 2025 | $1,550 |
| April 2025 | $1,615 |
| May 2025 | $1,659 |
| June 2025 | $1,651 |
| July 2025 | $1,656 |
| August 2025 | $1,637 |
| September 2025 | $1,597 |
| October 2025 | $1,604 |
| November 2025 | $1,617 |
| December 2025 | $1,602 |
| January 2026 | $1,606 |
| February 2026 | $1,647 |
| March 2026 | $1,655 |
| April 2026 | $1,593 |
| May 2026 | $1,572 |
| June 2026 | $1,589 |
| July 2026 | $1,672 |
| August 2026 | $1,554 |
| September 2026 | $1,508 |
| October 2026 | $1,450 |
| November 2026 | $1,449 |
Affordability calculator
Can I afford to live at 406 N Delaware St #211?
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
$40,760/yr
With your selected rent-to-income ratio, you'd ideally want to make $40,760 annually to afford this 1-bedroom monthly rent price of $1,019.
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 | |||||
|---|---|---|---|---|---|
| 2 months ago | $1,069 | 1 bed | 1 bath | ||
| 1 Bed, 1 Bath | 2 months ago | $1,075 | 1 bed | 1 bath | |
| 4 months ago | $1,100 | 1 bed | 1 bath | ||
| 1 Bed, 1 Bath | 8 months ago | $1,025 | 1 bed | 1 bath | |
| 1 Bed, 1 Bath | 11 months ago | $1,025 | 1 bed | 1 bath | |
| 1 Bed, 1 Bath | 1 year ago | $1,025 | 1 bed | 1 bath | |
| 1 Bed, 1 Bath | 1 year ago | $1,025 | 1 bed | 1 bath | |
| 1 year ago | $1,025 | 1 bed | 1 bath | ||
| 1 Bed, 1 Bath | 1 year ago | $1,300 | 1 bed | 1 bath |
Schools near 406 N Delaware St #211
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+
Impact Academy
320 n tibbs ave
indianapolis, IN, 46222
K-12Public
D
Impact Academy 2
320 n tibbs ave
indianapolis, IN, 46222
K-12Public
Impact Academy 3
320 n tibbs ave
indianapolis, IN, 46222
K-12Public
Getting around Indianapolis near 406 N Delaware St #211
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 406 N Delaware St #211, Indianapolis
Groceries
9/10
Exceptional variety of groceries within a few minutes' walk
Shopping
8/10
Wide variety of shops within a few minutes' walk
Cafes
10/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
9/10
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
3/10
At least one high school within a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
10/10
Exceptional variety of bars right within a few minutes’ walk
Explore the area around 406 N Delaware St #211
Needler's Fresh Market
320 N New Jersey St
Market Square Tap Room
320 E Market St
Whole Foods Market
320 E Market St
Kroger
227 W Michigan St
Kroger
524 E 16th St
Stout's Factory Shoe Store Co Inc
318 Massachusetts Ave
Zagwest
421 Massachusetts Ave
Sage Boutique
431 Massachusetts Ave
Salvation Army Family Shelter Clinic
540 N Alabama St
His & Hers Boutique
222 E Market St
Java House
115 E New York St
Starbucks
430 Massachusetts Ave
Free Juice LLC
201 N Illinois St S Tower 16th FL
Moar Tea & Poke
448 Massachusetts Ave
Coat Check Coffee
401 E Michigan St
The Eagle
310 Massachusetts Ave
Bakersfield
334 Massachusetts Ave
The Exchange Mass Ave
301 Massachusetts Ave
16-Bit Bar + Arcade
110 E New York St
Tavern at the Point
401 Massachusetts Ave
Rise'n Roll Bakery-Downtown Indy
107 E New York St
The Flying Cupcake
423 Massachusetts Ave
The Pantry
222 E Market St
Nikki's Gourmet Meals LLC
121 Monument Cir
Murray's Cheese
227 W Michigan St
University Park
Indiana World War Memorial Plaza
Indiana World War Memorial Plaza
Richard G. Lugar Plaza
Park
The Eagle
310 Massachusetts Ave
The Oakmont
323 N Delaware St
Bazbeaux
334 Massachusetts Ave
Wild Eggs
314 N Delaware St
Bakersfield
334 Massachusetts Ave
Delaware St / New York St
10th Street, Harding, East 34th St, ML King / Michigan Rd, Park 100, W Michigan St, St. Vincent, Broad Ripple, West 34th St, West 38th St
Alabama St / New York St
10th Street, East Michigan Street, Harding, Broad Ripple, East 34th St, ML King / Michigan Rd, Park 100, W Michigan St, St. Vincent, West 34th St, West 38th St
New York St / New Jersey St
East Michigan Street
Ohio St / Pennsylvania St
West 16th St, East 16th St
Meridian St / Vermont St
West 16th St, East 16th St
Indianapolis
Cardinal
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406 N Delaware St, Indianapolis, IN
406 N Delaware St Indianapolis, IN
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