House for rent

Pet friendly

8 Hours Ago

406 Parkway Ave
406 Parkway Ave, Indianapolis, IN 46225, USA

Monthly rent	$2,250
Beds	4
Baths	2.5
Sqft	2,481

Monthly rent	$2,250
Beds	4
Baths	2.5
Sqft	2,481

8 Hours Ago

Highlights

Pet Friendly

Location

406 Parkway Ave, Indianapolis, IN 46225, USA|Near Southside

Tour 406 Parkway Ave

Contact

Pillario Property Management, LLC

(317) 643-2585

Amenities for 406 Parkway Ave, Near Southside

Features

Water Softner

Appliances

Dishwasher	Range
Refrigerator

Community

Cats OK

Dogs OK

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

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Limit1

Cat Policy

Allowed

Limit1

Questions about this property’s policies and fees?

About 406 Parkway Ave

Home

Houses in Indianapolis

406 Parkway Ave, Indianapolis, IN 46225, USA

Renovated 4 Bed, 2.5 Bath Home in Beautiful Bates Hendricks, Just Blocks from Downtown Step into this charming home with a welcoming front porch and an airy open-concept design featuring lofty ceilings. The heart of the home is the central island kitchen, complete with modern appliances, sleek solid surface countertops, and an adjacent great room. The main floor conveniently hosts a laundry room, three bedrooms, and one and a half baths. The highlight is the spacious master suite, offering dual closets and a private en-suite deluxe tile shower with twin sinks. Upstairs, discover a generously sized bonus room or fourth bedroom, complete with its own private half bath. This space leads to a second-tiered deck, boasting views of the iconic Lucas Oil Stadium. Apply today and seize this opportunity! For more information and to apply, visit our website: mypillario. com Please Note: *Section 8 vouchers are not currently accepted by the owner. *A submitted application is required for scheduling a property tour. *Application fees are non-refundable *We welcome pets, though certain breed and weight restrictions apply. There's a $250.00 non-refundable pet security per pet, along with a monthly fee of $50.00 per pet. Additional Details: $200 Admin FeeFee Welcome to this beautifully renovated 4-bedroom, 2.5-bath home in the highly desirable Bates Hendricks neighborhood, just blocks from downtown Indianapolis. Combining modern updates with spacious living, this home offers the perfect blend of style and convenience. Step onto the welcoming front porch and into an open-concept layout with soaring ceilings that create a bright and airy feel throughout. The heart of the home is the stunning island kitchen, featuring modern appliances, sleek solid-surface countertops, and an open flow into the spacious great room—perfect for entertaining or everyday living. The main level offers exceptional functionality with three bedrooms, one and a half baths, and a convenient laundry room. The standout feature is the spacious primary suite, complete with dual closets and a private en-suite bathroom featuring a beautiful tiled shower and double sinks. Upstairs, you’ll find a large bonus room or fourth bedroom with its own private half bath, creating the perfect space for guests, a home office, or additional living space. Step outside onto the second-story deck and enjoy views of Lucas Oil Stadium, adding a unique touch to this already impressive home. With incredible space, modern finishes, and an unbeatable location near downtown dining, entertainment, Visit our website for more info and application: www mypillario com *Contact us today to schedule a tour! *Not currently accepting Section 8 vouchers. *APPLICATION FEES NON-REFUNDABLE Pets are welcome, but breed and weight restrictions apply. $250 Non-refundable security deposit and $50 per month, per pet. $200 Admin Fee Basic Qualification Criteria: 3x rent with income ratio. No felonies within the last 10 years. No evictions within the last 2 years including in process. Please visit our "Qualification Criteria" section for more information. BEWARE OF SCAMS: Pillario Property Management does not advertise properties on, LetGo, or any other classified listing websites. If you believe one of our properties has been fraudulently listed anywhere online, please contact Pillario Property Management immediately. All payments related to leasing with Pillario Property Management are made exclusively to our..

Property highlights

How 406 Parkway Ave compares to other nearby properties.

Positives

Images Available: There are at least 10 photos of this address
Laundry available on site: Washers and dryers are available in-building or in-unit

Address details

Neighborhood	Near Southside
Zip code	46225
Type	House for rent

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Rent trends in Near Southside

4-bedroom apartments at 406 Parkway Ave cost about 4% less than the average rent price for 4-bedroom apartments in Indianapolis.

Median rents as of May 16 2026.

Near Southside

Indianapolis

A table of 4-bedroom apartment rental data trends in Indianapolis
Month	Median Rent
June 2024	$1,870
July 2024	$1,838
August 2024	$1,861
September 2024	$1,852
October 2024	$1,853
November 2024	$1,810
December 2024	$1,816
January 2025	$1,854
February 2025	$1,885
March 2025	$1,942
April 2025	$1,993
May 2025	$2,025
June 2025	$2,040
July 2025	$1,984
August 2025	$1,900
September 2025	$1,894
October 2025	$1,885
November 2025	$1,810
December 2025	$1,820
January 2026	$1,842
February 2026	$1,868
March 2026	$1,942
April 2026	$2,004
May 2026	$1,983

A table of 4-bedroom apartment rental data trends in Near Southside
Month	Median Rent
June 2024	$1,600
June 2025	$2,550
July 2025	$2,495
September 2025	$2,400
October 2025	$2,757
November 2025	$2,825
December 2025	$2,262
January 2026	$2,170
February 2026	$2,121
March 2026	$1,986
April 2026	$2,055
May 2026	$2,082