1 Day Ago
Highlights
Pet Friendly
Location
427 N College Ave, Indianapolis, IN 46202, USA|Downtown Indianapolis
Tour 427 N College Ave
Contact
T&H Realty Services
Nearby rentals
Renter hub
Property management
Apartments for rent IndianapolisApartments for rent GreenwoodApartments for rent FishersApartments for rent Downtown IndianapolisApartments for rent NoblesvilleApartments for rent Snacks - Guion CreekApartments for rent CambyApartments for rent PlainfieldApartments for rent Valley MillsApartments for rent AndersonApartments for rent WestfieldApartments for rent Chapel Hill - Ben DavisApartments for rent McCordsvilleApartments for rent Southern DunesApartments for rent BrownsburgApartments Near Me
Houses for rent IndianapolisHouses for rent Near EastsideHouses for rent Downtown IndianapolisHouses for rent Martindale - BrightwoodHouses for rent CrawfordsvilleHouses for rent Meridian KesslerHouses for rent Near SoutheastHouses for rent FishersHouses for rent GreenwoodHouses for rent CarmelHouses for rent EastsideHouses for rent North High SchoolHouses for rent Southeast WarrenHouses for rent Near Northwest - RiversideHouses for rent GreenbriarHouses for rent near me
Amenities for 427 N College Ave, Downtown Indianapolis
Apartment Amenities
| Dryer | Fireplace |
| Forced Air | Off Street |
| Walk-in Closet |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Refrigerator |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Storage |
Services
| 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
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
Advertisement
About 427 N College Ave
Surrounded by plenty of restaurants, shops and interstate access, this 2 Story 2 Bedroom home offers plenty of comfort. Upon entering you'll notice the beautiful fireplace located in the living room, next you'll find plenty of space for the dining room. The modern kitchen offers plenty of cabinet space for easy storage as well as a center island ideal for meal preparation. Upstairs you'll find 2 bedrooms, the main one has it's own private bathroom and the second one offers walk-in closet. Washer and dryer included. Unfinished basement for additional storage. 15-month lease preferred. Note: In addition to the monthly rent, residents will pay $45 each month for a Resident Benefits Package. Details: www threaltyinc com rbp Zero Deposit option for qualified applicants. Details can be found here: https www threaltyinc com our-deposit-waiver-program 3D TOUR www zillow com view-imx 464dbfee-4882-46a5-91a4-6f424415fc38
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 427 N College Ave compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
- More space
- The 2-bedroom is 386 sqft larger than other listings nearby
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
- Package service
- More secure storage for delivery
- Walk-in closet
- More closet space on average
Address details
| Neighborhood | Downtown Indianapolis |
|---|---|
| Zip code | 46202 |
| Type | House for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Downtown Indianapolis
2-bedroom apartments at 427 N College Ave cost about 4% more than the average rent price for 2-bedroom apartments in Indianapolis.
Median rents as of Jan 24 2026.
Downtown Indianapolis
Indianapolis
| Month | Median Rent |
|---|---|
| February 2024 | $1,234 |
| March 2024 | $1,311 |
| April 2024 | $1,305 |
| May 2024 | $1,349 |
| June 2024 | $1,338 |
| July 2024 | $1,380 |
| August 2024 | $1,377 |
| 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 | $1,249 |
| Month | Median Rent |
|---|---|
| February 2024 | $2,017 |
| March 2024 | $2,054 |
| April 2024 | $2,122 |
| May 2024 | $2,091 |
| June 2024 | $2,167 |
| July 2024 | $2,161 |
| August 2024 | $2,189 |
| September 2024 | $2,127 |
| 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 | $2,071 |
Affordability calculator
Can I afford to live at 427 N College Ave?
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
$88,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 2-bedrooms monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.
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+
Francis Bellamy Pre-School Center
9501 e 36th st
indianapolis, IN, 46236
PKPublic
Advertisement
Internet available near 427 N College Ave
Getting around Indianapolis near 427 N College Ave
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
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 grocery store within a few minutes' walk
Shopping
6/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
8/10
Variety of bars within a few minutes' walk
Explore the area around 427 N College Ave
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
Kathyrn's Bridal Bar
740 E North St
Toolbox Men's Supply Company
750 N College Ave
Hit Solutions LLC
1034 E New York St
Sage Boutique
431 Massachusetts Ave
Zagwest
421 Massachusetts Ave
Kaffeine Coffee
707 Fulton St
Henrys on East
627 N East St
Coat Check Coffee
401 E Michigan St
Latea Bubble Tea Lounge
530 Massachusetts Ave
Starbucks
430 Massachusetts Ave
Ralph's Great Divide
743 E New York St
Vida
601 E New York St
Rocket Epicurean Ventures
534 E North St
Smash Social
600 E Ohio St
Metro Nightclub & Restaurant
707 Massachusetts Ave
The Flying Cupcake
423 Massachusetts Ave
Please & Thank You
849 Massachusetts Ave
Blue Collar Coffee Co
850 Massachusetts Ave
Just Cookies
222 E Market St
Rise'n Roll Bakery-Downtown Indy
107 E New York St
Highland Park
Indiana War Memorial
University Park
Veterans Memorial Park
American Legion Mall
Blankus LLC
501 N College Ave
St Joseph Brewery & Public House
540 N College Ave
Ralph's Great Divide
743 E New York St
Vida
601 E New York St
The Bemberg
608 N Park Ave
College Ave / Michigan St
East 21st St, East 16th St
Michigan St / Spring St
Michigan Street
College Ave / New York St
East 21st St, East 16th St
New York St / College Ave
Michigan Street
East St / Vermont St
East 16th St, East 21st St
Compare similar properties nearby
Riverbend Apartments
Our team has verified this companyCastleton • 8850 River Bend Pkwy
1–2 Beds
$1,187–$1,851
- dogs and cats ok
- fitness center
- on-site laundry
The Domino
Our team has verified this companyMartindale - Brightwood • 3200 Dr Andrew J Brown Ave
1–2 Beds
$1,529–$2,000
- dogs and cats ok
- fitness center
- on-site laundry
Industry Indianapolis
Our team has verified this companyDowntown Indianapolis • 421 N Pennsylvania St
1–2 Beds
$1,654–$3,129
- dogs and cats ok
- fitness center
- on-site laundry
- dogs and cats ok
- fitness center
- on-site laundry
- dogs and cats ok
- fitness center
- on-site laundry
Maxwell Apartments
Our team has verified this companyDowntown Indianapolis • 530 E Ohio St
2 Beds
$1,515–$1,626
- dogs and cats ok
- fitness center
- on-site laundry
Riverview
Our team has verified this companyNear Westside • 460 N White River Pkwy West Dr
2 Beds
$1,725–$1,793
- dogs and cats ok
- fitness center
- on-site laundry
- dogs and cats ok
- fitness center
- on-site laundry
Riverbend Apartments
Our team has verified this companyCastleton • 8850 River Bend Pkwy
1–2 Beds
$1,187–$1,851
- dogs and cats ok
- fitness center
- on-site laundry
The Domino
Our team has verified this companyMartindale - Brightwood • 3200 Dr Andrew J Brown Ave
1–2 Beds
$1,529–$2,000
- dogs and cats ok
- fitness center
- on-site laundry
Industry Indianapolis
Our team has verified this companyDowntown Indianapolis • 421 N Pennsylvania St
1–2 Beds
$1,654–$3,129
- dogs and cats ok
- fitness center
- on-site laundry
- dogs and cats ok
- fitness center
- on-site laundry
- dogs and cats ok
- fitness center
- on-site laundry
Maxwell Apartments
Our team has verified this companyDowntown Indianapolis • 530 E Ohio St
2 Beds
$1,515–$1,626
- dogs and cats ok
- fitness center
- on-site laundry
Riverview
Our team has verified this companyNear Westside • 460 N White River Pkwy West Dr
2 Beds
$1,725–$1,793
- dogs and cats ok
- fitness center
- on-site laundry
- dogs and cats ok
- fitness center
- on-site laundry
Check availability
Advertisement