Nearby rentals
Property management
Pet Friendly
Located in a central Indianapolis setting, this property offers convenient access to nearby amenities, transit, dining, and downtown attractions. It stands out for its practical urban location, making it appealing for those who value walkability, connectivity, and everyday convenience.
Things you’ll love
More spaceDishwasherImages availableGreat for
Eco living
Pet owners
WellnessApartment Amenities
| Air Conditioning | Central Air Conditioning |
| Hardwood Floor | Patio |
| Washer/Dryer Hookups |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Refrigerator |
| Stove/Oven |
Building
| Cats OK | Dogs OK |
| Unfinished Basement |
Grounds
| Outdoor Space |
Services
| On-Site Management | Package Service |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
This charming 2-bedroom, 2-bath triplex is located in the heart of Indianapolis historic Old Southside neighborhood, offering the perfect combination of character, comfort, and an unbeatable downtown location. Just two blocks from Lucas Oil Stadium and Shapiros Delicatessen, this home puts you within walking distance of some of Indianapolis best-known attractions. You'll also be close to Eli Lilly, the YMCA at CityWay, Gainbridge Fieldhouse, and the many restaurants, shops, entertainment venues, and attractions that Downtown Indianapolis has to offer. Inside, you'll find beautiful original hardwood floors, plenty of cabinet space, and a well-equipped kitchen featuring a stove/oven, refrigerator, microwave, and dishwasher. The home also includes a washer and dryer and central air for year-round comfort and convenience. Need a little extra space? The bonus room offers plenty of flexibility and could be used as a home office, workout or exercise room, playroom, hobby space, or additional relaxation area or whatever works best for your lifestyle. Step outside and enjoy your private front patio, the perfect spot for morning coffee, relaxing in the evening, or simply enjoying the energy and atmosphere of this vibrant neighborhood. With its historic charm, spacious layout, bonus room, private outdoor space, and incredible location just minutes from the heart of Downtown Indianapolis, this home offers a rare opportunity to enjoy convenient city living in one of Indys most walkable and desirable neighborhoods. LEASE TERMS: 12 months. UTILITIES: Gas Stove Hook-up, Electric Dryer Hook-up, Gas Furnace, Electric Water Heater. TENANT PAYS: A flat fee of $250.00 for gas, electric, water/sewer. CENTRAL AIR: Yes. Pet Deposit/Pet Policy: A maximum of 2 pets per property will be allowed with a non-refundable pet fee of $300. There will be a $30 per pet per month charge for pet rent. The following breeds are restricted: Pit Bull and Rottweiler. At CityPlace Property Management, we strive to provide an experience that is cost-effective and convenient. Thats why we provide a Resident Benefits Package (RBP) to address common headaches for our residents. Our program handles insurance, air filter delivery (for applicable properties), credit building, rent rewards and more at a rate of $39.95/month, added to every property as a required program. More details upon application. *If you provide your own insurance policy, the RBP cost will be reduced by the amount of the insurance premium billed by Second Nature Insurance Services (NPN No. 20224621)
How 642 S Meridian St, Indianapolis, IN 46225, USA compares to other nearby properties.
Positives
Considerations
| Neighborhood | Downtown Indianapolis |
|---|---|
| Zip code | 46225 |
| Type | Apartment for rent |
2-bedroom apartments at 642 S Meridian St cost about 23% less than the average rent price for 2-bedroom apartments in Indianapolis.
| Month | Median Rent |
|---|---|
| October 2024 | $1,395 |
| 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 | $1,299 |
| October 2026 | $1,299 |
| Month | Median Rent |
|---|---|
| October 2024 | $1,948 |
| 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 | $2,275 |
| October 2026 | $2,204 |
Can I afford to live at 642 S Meridian St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$68,400/yr
| Bath | |||||
|---|---|---|---|---|---|
| 1 year ago | $1,075 | 1 bed | 1 bath | ||
| 7 years ago | $999 | 1 bed | 1 bath | ||
| 7 years ago | $999 | 1 bed | 1 bath |
2020 dawson st
indianapolis, IN, 46203
320 n tibbs ave
indianapolis, IN, 46222
320 n tibbs ave
indianapolis, IN, 46222
320 n tibbs ave
indianapolis, IN, 46222
3330 n pennsylvania
indianapolis, IN, 46205
Downtown Indianapolis | Indianapolis, IN
Occupied
1 Bed
1 Bath
$975
In-Unit Laundry • Dishwasher • Hardwood Floor
Occupied
1 Bed
1 Bath
$1,075
Dishwasher • Hardwood Floor • In-Unit Laundry • Microwave • Deck • Air Conditioning
Martindale - Brightwood • 3132 Dr Andrew J Brown Ave
1–2 Beds
$1,491–$2,237
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
Speedway • 6363 Hollister Drive
1–3 Beds
$787–$1,429
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.
I65-South Emerson • 6810 Valley Ridge Dr
1–3 Beds
$1,157–$5,170
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.2910 White Knight Blvd
2–3 Beds
$1,375–$1,650
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.Southport • 2110 E Southport Rd
1–2 Beds
$1,513–$2,009
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Broad Ripple • 6311 E Westfield Blvd
1–2 Beds
$1,591–$2,135
Total Monthly Price. The price shown reflects a 14-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Aspen Ridge • 3685 Saint Thomas Blvd
1–2 Beds
$768–$1,570
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.9300 E 21st St
1–3 Beds
$975–$1,500
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.Martindale - Brightwood • 3132 Dr Andrew J Brown Ave
1–2 Beds
$1,491–$2,237
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Speedway • 6363 Hollister Drive
1–3 Beds
$787–$1,429
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.I65-South Emerson • 6810 Valley Ridge Dr
1–3 Beds
$1,157–$5,170
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.2910 White Knight Blvd
2–3 Beds
$1,375–$1,650
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.Southport • 2110 E Southport Rd
1–2 Beds
$1,513–$2,009
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Broad Ripple • 6311 E Westfield Blvd
1–2 Beds
$1,591–$2,135
Total Monthly Price. The price shown reflects a 14-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Aspen Ridge • 3685 Saint Thomas Blvd
1–2 Beds
$768–$1,570
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.9300 E 21st St
1–3 Beds
$975–$1,500
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.
