22 Minutes Ago
Location
7215 Grand Ritz Ln, Indianapolis, IN 46237, USA|South Perry
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Property Overview
Grand Oaks Apartments is a highly rated, competitively priced community with an overall expert score of 9.1/10, including perfect marks for both price and amenities, reflecting strong value and an elevated standard of living. Residents benefit from a convenient location with public transit right at the property, grocery shopping under a mile away, and several well-rated schools within a short drive, while a solid quality and trustworthiness score plus 31 photos help provide a clear, transparent picture of what to expect.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- Elementary school nearby
- High school nearby
Floor plans
| Grand Oaks Apartments - GP370... | 2 bed | 1 bath | 947 sqft | $1,225 /mo | Spacious 2 Bed/1 Bath; Single Story; Private Entrances; All Appliances - Including Washer & Dryer; 2 Designated Parking Spots Per Apartment; Lots Of Visitor Parking |
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Amenities for Grand Oaks Apartments
Apartment Amenities
| Trash Included | Utilities/Sewer |
| Water |
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
Application Fee
Per-applicant. Agent application fee.
Contact Property
REQUIRED FEES
Security Deposit
One-time.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Units | 1 |
|---|
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About Grand Oaks Apartments
Spacious 2 Bed/1 Bath; Single Story; Private Entrances; All Appliances - Including Washer & Dryer; 2 Designated Parking Spots Per Apartment; Lots Of Visitor Parking
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.1
/10
ExcellentGrand Oaks Apartments is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Grand Oaks Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Grand Oaks Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks, making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Grand Oaks Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·8A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Anyone looking for quality at a great value will find Grand Oaks Apartments to be an attractive option. Renters can also rely on this rental to provide them with accurate information they need to find the living experience they desire.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Grand Oaks Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
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 Grand Oaks Apartments compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 2 miles away
- Elementary school nearby
- There is an elementary school 1 mile away
- High school nearby
- There is a high school 2 miles away
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this address
- Walk-in closet
- More closet space on average
Considerations
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
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Rent trends in South Perry
2-bedroom apartments at Grand Oaks Apartments cost about the same as the average rent price for 2-bedroom apartments in South Perry.
Median rents as of Apr 25 2026.
South Perry
Indianapolis
| Month | Median Rent |
|---|---|
| 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 |
| April 2026 | $955 |
| Month | Median Rent |
|---|---|
| August 2024 | $840 |
| September 2024 | $840 |
Affordability calculator
Can I afford to live at 7215 Grand Ritz Ln?
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
$49,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $49,000 annually to afford this 2-bedrooms monthly rent price of $1,225.
For more information on rent affordability, visit our rent calculator.
Schools near Grand Oaks Apartments
Mary Bryan Elementary School
4355 e stop 11 rd
indianapolis, IN, 46237
PK, K-5Public
B
Family Development Services - Southeast Head Start
4024 south madison ave
indianapolis, IN, 46227
PKPublic
Jeremiah Gray Elementary School
5225 gray rd
indianapolis, IN, 46227
PK, K-5Public
B
Rise Learning Center
5391 s shelby st
indianapolis, IN, 46227
PK, K-12Public
Ray Crowe Elementary
1300 ray crowe way
greenwood, IN, 46143
K-5Public
B
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Internet available near Grand Oaks Apartments
Neighborhood
South Perry | Indianapolis, IN
Getting around Indianapolis near 7215 Grand Ritz Ln
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 7215 Grand Ritz Ln, Indianapolis
Groceries
1/10
Closest supermarket further than a 30-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
2/10
Closest elementary school further than a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
3/10
Limited amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
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