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Updated 5+ Days Ago

Highlights

  • Pet Friendly
  • Modern kitchen
  • Walk-in closet
  • Private bathroom
  • Living room
  • Beautiful fireplace
  • Dining room

Location

427 N College Ave, Indianapolis, IN 46202, USA|Downtown Indianapolis

Property Overview

Modern interiors include a kitchen with contemporary finishes, a living room with a beautiful fireplace, a separate dining room, and a private suite with walk-in closet and bathroom. Walkability is a major strength, with public transit nearby, 384 restaurants, 71 event hubs, 75 parks, and extensive mixed-use spaces within a mile, plus a top-rated middle school less than a mile away. Strong pet amenities and 19 listing photos further enhance everyday convenience and appeal.

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

  • Middle school nearby
  • More space
  • Fireplace

Great for

  • Social life
  • Eco living
  • Pet owners

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Rent trends in Downtown Indianapolis

2-bedroom apartments at 427 N College Ave cost about 4% less than the average rent price for 2-bedroom apartments in Indianapolis.

Median rents as of Sep 12 2026.
Downtown Indianapolis
Indianapolis
A table of 2-bedroom apartment rental data trends in Indianapolis
MonthMedian 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
A table of 2-bedroom apartment rental data trends in Downtown Indianapolis
MonthMedian Rent
September 2024$2,010
October 2024$1,937
November 2024$1,949
December 2024$1,967
January 2025$1,936
February 2025$1,972
March 2025$2,202
April 2025$2,487
May 2025$2,429
June 2025$2,353
July 2025$2,390
August 2025$2,335
September 2025$2,329
October 2025$2,298
November 2025$2,237
December 2025$2,096
January 2026$2,086
February 2026$2,231
March 2026$2,293
April 2026$2,226
May 2026$2,294
June 2026$2,315
July 2026$2,347
August 2026$2,349
September 2026$2,303

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 427 N College Ave, Indianapolis, IN.
5 months ago$2,200

Schools near 427 N College Ave

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+

Family Development Services, Inc. Service Center II Head Start

3637 n meridian st

indianapolis, IN, 46208

PKPublic

Impact Academy

320 n tibbs ave

indianapolis, IN, 46222

K-12Public
D

Impact Academy 3

320 n tibbs ave

indianapolis, IN, 46222

K-12Public
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Internet available near 427 N College Ave

Getting around Indianapolis near 427 N College Ave

Walking

8/10
No car? No problem. Everything you need is within a few blocks.

Driving

6/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 427 N College Ave, Indianapolis

Groceries

8/10
At least one supermarket within a 15-minute walk

Shopping

6/10
Several shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

5/10
At least one high school within a 20-minute walk

Parks

6/10
Large amount of park space nearby

Nightlife

7/10
Several bars within a few minutes’ walk

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