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Pet FriendlyModern finishes such as sleek solid-surface countertops, modern appliances, lofty ceilings, and an open-concept layout complement a spacious primary suite and dedicated laundry room. Strong value for money and proximity to a highly rated middle school add to the appeal. Pet-friendly features include no breed or pet restrictions, hard-surface flooring, nearby pet supply stores, and available outdoor spaces.
Things you’ll love
Less expensiveMiddle school nearbyGreat for
Pet ownersFeatures
| Water Softner |
Appliances
| Dishwasher | Range |
| Refrigerator |
Community
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
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 company. We never accept wire transfers or payments via Zelle, PayPal, Cash App, or similar services. All leasing information provided is deemed reliable but not guaranteed. Please be aware that updates may have occurred since the photographs were taken. Square footage is estimated.
How 406 Parkway Ave compares to other nearby properties.
Positives
Considerations
| Neighborhood | Near Southside |
|---|---|
| Zip code | 46225 |
| Type | House for rent |
Near Eastside • 210 N Keystone Ave
4 Beds
$1,949
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Near Eastside • 322 N Forest Ave
4 Beds
$2,495
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Near Southside • 426 Parkway Ave
4 Beds
$2,500
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Near Southside • 422 Iowa St
4 Beds
$2,000
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Near Northwest - Riverside • 2940 Highland Pl
4 Beds
$2,000
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.University Heights • 1819 Keystone Lakes Dr
4 Beds
$1,950
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.1156 Fletcher Ave
4 Beds
$2,095
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.1133 Olive St
4 Beds
$2,395
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Near Eastside • 210 N Keystone Ave
4 Beds
$1,949
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Near Eastside • 322 N Forest Ave
4 Beds
$2,495
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Near Southside • 426 Parkway Ave
4 Beds
$2,500
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Near Southside • 422 Iowa St
4 Beds
$2,000
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Near Northwest - Riverside • 2940 Highland Pl
4 Beds
$2,000
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.University Heights • 1819 Keystone Lakes Dr
4 Beds
$1,950
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.1156 Fletcher Ave
4 Beds
$2,095
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.1133 Olive St
4 Beds
$2,395
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.4-bedroom apartments at 406 Parkway Ave cost about 2% less than the average rent price for 4-bedroom apartments in Indianapolis.
| Month | Median Rent |
|---|---|
| November 2024 | $1,804 |
| 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 | $1,984 |
| June 2026 | $2,068 |
| July 2026 | $2,009 |
| August 2026 | $1,971 |
| September 2026 | $1,995 |
| October 2026 | $1,976 |
| Month | Median Rent |
|---|---|
| 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 | $2,239 |
| June 2026 | $2,850 |
| July 2026 | $2,887 |
| August 2026 | $2,582 |
| September 2026 | $2,062 |
| October 2026 | $2,229 |
| 2 years ago | $1,895 |
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Near Southside | Indianapolis, IN
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