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Five Twenty Virginia scores highly across several metrics, earning an 8.9 expert rating, and impressive scores of 9 for price, amenities, location, and quality. Notable features include vaulted ceilings, modern living spaces, and an array of sustainable options. The property is ideal for those seeking a fitness-friendly lifestyle and vibrant social opportunities, with ample nearby parks and dining options, enhancing its overall value and appeal.
Things you’ll love
Middle school nearbyMore spaceDishwasherGreat for
Social life
Wellness
Eco living| G | 1 bed | 1 bath | 665 sqft | $1,575 /mo | 1 unit available | Welcome to Five Twenty Virginia Apartments, nestled in the vibrant and historic Fletcher Place neighborhood, just steps away from the bustling Virginia Avenue and Fountain Square. Even though construction for this building first started 1886 and acted as the first two-story school in the city, you will experience the epitome of modern living in our thoughtfully designed units, where every detail is crafted to enhance your lifestyle. Each apartment boasts updated appliances, including a convenient dishwasher, complemented by sleek wood floors and vaulted ceilings that add character and charm to your space. With ample natural light streaming through large windows, your home becomes a bright and inviting sanctuary. We are a dog free community, cats are welcome with a $100 one-time pet fee. At Five Twenty Virginia, convenience meets peace of mind with keyless building entry and free parking for residents. While most utilities, including gas heat, are included in rent, residents are responsible for electric and renters' insurance. There is a communal laundry facility located in the lobby of the building. Discover the perfect blend of historic charm and contemporary comfort at Five Twenty Virginia Apartments. | |
| C | 2 bed | 1 bath | 981 sqft | $1,750 /mo | 2 units available | Welcome to Five Twenty Virginia Apartments, nestled in the vibrant and historic Fletcher Place neighborhood, just steps away from the bustling Virginia Avenue and Fountain Square. Even though construction for this building first started 1886 and acted as the first two-story school in the city, you will experience the epitome of modern living in our thoughtfully designed units, where every detail is crafted to enhance your lifestyle. Each apartment boasts updated appliances, including a convenient dishwasher, complemented by sleek wood floors and vaulted ceilings that add character and charm to your space. With ample natural light streaming through large windows, your home becomes a bright and inviting sanctuary. We are a dog free community, cats are welcome with a $100 one-time pet fee. At Five Twenty Virginia, convenience meets peace of mind with keyless building entry and free parking for residents. While most utilities, including gas heat, are included in rent, residents are responsible for electric and renters' insurance. There is a communal laundry facility located in the lobby of the building. Discover the perfect blend of historic charm and contemporary comfort at Five Twenty Virginia Apartments. | |
| B | 2 bed | 1 bath | 970 sqft | $1,750 /mo | 1 unit available | Welcome to Five Twenty Virginia Apartments, nestled in the vibrant and historic Fletcher Place neighborhood, just steps away from the bustling Virginia Avenue and Fountain Square. Even though construction for this building first started 1886 and acted as the first two-story school in the city, you will experience the epitome of modern living in our thoughtfully designed units, where every detail is crafted to enhance your lifestyle. Each apartment boasts updated appliances, including a convenient dishwasher, complemented by sleek wood floors and vaulted ceilings that add character and charm to your space. With ample natural light streaming through large windows, your home becomes a bright and inviting sanctuary. We are a dog free community, cats are welcome with a $100 one-time pet fee. At Five Twenty Virginia, convenience meets peace of mind with keyless building entry and free parking for residents. While most utilities, including gas heat, are included in rent, residents are responsible for electric and renters' insurance. There is a communal laundry facility located in the lobby of the building. Discover the perfect blend of historic charm and contemporary comfort at Five Twenty Virginia Apartments. | |
| L | 2 bed | 1 bath | 1,033 sqft | $1,750 /mo | 1 unit available | Welcome to Five Twenty Virginia Apartments, nestled in the vibrant and historic Fletcher Place neighborhood, just steps away from the bustling Virginia Avenue and Fountain Square. Even though construction for this building first started 1886 and acted as the first two-story school in the city, you will experience the epitome of modern living in our thoughtfully designed units, where every detail is crafted to enhance your lifestyle. Each apartment boasts updated appliances, including a convenient dishwasher, complemented by sleek wood floors and vaulted ceilings that add character and charm to your space. With ample natural light streaming through large windows, your home becomes a bright and inviting sanctuary. We are a dog free community, cats are welcome with a $100 one-time pet fee. At Five Twenty Virginia, convenience meets peace of mind with keyless building entry and free parking for residents. While most utilities, including gas heat, are included in rent, residents are responsible for electric and renters' insurance. There is a communal laundry facility located in the lobby of the building. Discover the perfect blend of historic charm and contemporary comfort at Five Twenty Virginia Apartments. | |
| K | 2 bed | 1 bath | 1,015 sqft | $1,879 /mo | 1 unit available | Welcome to Five Twenty Virginia Apartments, nestled in the vibrant and historic Fletcher Place neighborhood, just steps away from the bustling Virginia Avenue and Fountain Square. Even though construction for this building first started 1886 and acted as the first two-story school in the city, you will experience the epitome of modern living in our thoughtfully designed units, where every detail is crafted to enhance your lifestyle. Each apartment boasts updated appliances, including a convenient dishwasher, complemented by sleek wood floors and vaulted ceilings that add character and charm to your space. With ample natural light streaming through large windows, your home becomes a bright and inviting sanctuary. We are a dog free community, cats are welcome with a $100 one-time pet fee. At Five Twenty Virginia, convenience meets peace of mind with keyless building entry and free parking for residents. While most utilities, including gas heat, are included in rent, residents are responsible for electric and renters' insurance. There is a communal laundry facility located in the lobby of the building. Discover the perfect blend of historic charm and contemporary comfort at Five Twenty Virginia Apartments. |
Let's explore this property.
Apartment Amenities
| Gas | Trash |
| Water |
Appliances
| Dishwasher | Garbage Disposal |
| Microwave | Range |
| Refrigerator/Freezer | Stove |
Building
| Cats OK | Onsite Laundry |
| Sewer |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Units | 24 |
|---|
Welcome to Five Twenty Virginia Apartments, nestled in the vibrant and historic Fletcher Place neighborhood, just steps away from the bustling Virginia Avenue and Fountain Square. Even though construction for this building first started 1886 and acted as the first two-story school in the city, you will experience the epitome of modern living in our thoughtfully designed units, where every detail is crafted to enhance your lifestyle. Each apartment boasts updated appliances, including a convenient dishwasher, complemented by sleek wood floors and vaulted ceilings that add character and charm to your space. With ample natural light streaming through large windows, your home becomes a bright and inviting sanctuary. We are a dog free community, cats are welcome with a $100 one-time pet fee. At Five Twenty Virginia, convenience meets peace of mind with keyless building entry and free parking for residents. Residents are responsible for all utilities, and renters' insurance. There is a communal laundry facility located in the lobby of the building. Discover the perfect blend of historic charm and contemporary comfort at Five Twenty Virginia Apartments.
Showing 4 highest rated
Beautiful apartments right in the middle of Fletcher Place Neighborhood! The area is incredibly walkable to multiple coffee shops, parks, bakeries, breweries, and great restaurants (with just a short walk over the highway to downtown Fountain Square with even more!) I love living in this area and the experience at 520 Virginia Apartments has been great. Beautiful high ceilings, huge windows with natural light, spacious, updated kitchens, and overall great amenities! Maintenance is VERY responsive and quick! I haven't experienced any negatives and have been here almost a year.
Erin Rinks
Feb 10, 2021
Best location in Indy for access to Fletcher Place, Fountain Square, and downtown. Gorgeous high ceilings and floor to ceiling windows in every room. Vintage & historic feel with modern appliances. Loved living here!
Amelia Kramer
Feb 10, 2021
We’re sharing just 4 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.
How Five Twenty Virginia compares to other nearby properties.
Positives
Considerations
1-bedroom apartments here are priced 5% lower than 1-bedrooms in Downtown Indianapolis.
If you decide to upgrade your space, you can expect 2-bedrooms at Five Twenty Virginia to be 23% less than the average for similarly sized apartments in Downtown Indianapolis.
| Month | Median Rent |
|---|---|
| March 2024 | $1,040 |
| April 2024 | $1,074 |
| May 2024 | $1,117 |
| June 2024 | $1,171 |
| July 2024 | $1,091 |
| August 2024 | $1,047 |
| September 2024 | $1,090 |
| October 2024 | $1,131 |
| November 2024 | $1,126 |
| December 2024 | $1,105 |
| January 2025 | $1,194 |
| February 2025 | $1,191 |
| March 2025 | $1,151 |
| April 2025 | $1,121 |
| May 2025 | $1,139 |
| June 2025 | $1,158 |
| July 2025 | $1,185 |
| August 2025 | $1,178 |
| September 2025 | $1,065 |
| October 2025 | $1,063 |
| November 2025 | $1,048 |
| December 2025 | $1,029 |
| January 2026 | $1,039 |
| February 2026 | $1,034 |
| March 2026 | $1,004 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,335 |
| April 2024 | $1,324 |
| May 2024 | $1,309 |
| June 2024 | $1,335 |
| July 2024 | $1,350 |
| August 2024 | $1,361 |
| September 2024 | $1,359 |
| October 2024 | $1,327 |
| November 2024 | $1,338 |
| December 2024 | $1,332 |
| January 2025 | $1,349 |
| February 2025 | $1,352 |
| March 2025 | $1,376 |
| April 2025 | $1,553 |
| May 2025 | $1,707 |
| June 2025 | $1,456 |
| July 2025 | $1,477 |
| August 2025 | $1,450 |
| September 2025 | $1,413 |
| October 2025 | $1,414 |
| November 2025 | $1,425 |
| December 2025 | $1,424 |
| January 2026 | $1,502 |
| February 2026 | $1,519 |
| March 2026 | $1,479 |
Can I afford to live at 520 Virginia Ave?
Bedrooms
Rent-to-income ratio
30%
$63,000/yr
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$995–$2,100
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1–2 Beds
$1,130–$1,450
Downtown Indianapolis • 421 N Pennsylvania St
Studio–2 Beds
$1,491–$2,443
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