Condo for rent

Pet friendly

5+ Days Ago

731 Perth Lane
731 Perth Lane, Indianapolis, Indiana 46204, United States

Monthly rent	$2,400
Beds	2
Baths	2.5
Sqft	1,376

Monthly rent	$2,400
Beds	2
Baths	2.5
Sqft	1,376

5+ Days Ago

Highlights

Pet Friendly

Balcony
Walk-in closets
Vinyl plank flooring in living areas
Courtyard

Location

731 Perth Lane, Indianapolis, Indiana 46204, United States|Downtown Indianapolis

Tour 731 Perth Lane

Contact

T&H Realty Services

(930) 206-9418

Property Overview

Featuring a balcony and walk-in closets, the property offers charming living spaces with vinyl plank flooring and access to a serene courtyard. Located near numerous amenities, it enjoys a vibrant social scene with various cultural centers, parks, and restaurants within a mile, as well as pet-friendly options. Additionally, its proximity to a top-rated middle school and a favorable value per square foot contribute to its appeal for diverse prospective tenants.

Things you’ll love

Middle school nearby
More space
Images Available

Great for

Social life
Pet owners

Amenities for 731 Perth Lane, Downtown Indianapolis

Apartment Amenities

Balcony	Dryer
Forced Air	Walk-in Closet

Appliances

Dishwasher	Garbage Disposal
In-Unit Laundry	Refrigerator

Building

Cats OK	Dogs OK
Garage Attached	Onsite Laundry

Grounds

Garage Parking

Outdoor Space

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

One-time.

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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

About 731 Perth Lane

Home

Apartments in Indianapolis

Downtown Indianapolis

731 Perth Lane, Indianapolis, Indiana 46204, United States

Modern 2-bedroom, 2-bath condo just steps from IUPUI and downtown. Features include a kitchen with quartz counters, white cabinets, and stainless appliances, vinyl plank flooring in living areas, walk-in closets, and a balcony to relax on. Outside, enjoy an oversized 1-car garage and a courtyard for dogs or entertaining. Max 2 dogs, 100 lbs each. Virtual staging used. 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 3D TOUR https www zillow com view-imx 88c98ba7-1530-4947-b036-81ce416f0686?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard Zero Deposit option for qualified applicants. Details can be found here: https www threaltyinc com our-deposit-waiver-program Pet Details: Pets Negotiable - Additional Fees Required

Property highlights

How 731 Perth Lane compares to other nearby properties.

Positives

Middle school nearby: There is a middle school 0.1 mile away
More space: The 2-bedroom is 182 sqft larger than other listings nearby
Images Available: There are at least 10 photos of this address
Laundry available on site: Washers and dryers are available in-building or in-unit
Package service: More secure storage for delivery
Walk-in closet: More closet space on average

Considerations

Greater distance from grade schools: The nearest elementary school is farther than 0.4 mile away

Address details

Neighborhood	Downtown Indianapolis
Zip code	46204
Type	Condo for rent

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Rent trends in Downtown Indianapolis

2-bedroom apartments at 731 Perth Lane cost about 14% more than the average rent price for 2-bedroom apartments in Indianapolis.

Median rents as of Dec 13 2025.

Downtown Indianapolis

Indianapolis

A table of 2-bedroom apartment rental data trends in Indianapolis
Month	Median Rent
December 2023	$1,247
January 2024	$1,249
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	$1,262

A table of 2-bedroom apartment rental data trends in Downtown Indianapolis
Month	Median Rent
December 2023	$2,090
January 2024	$2,069
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	$2,121

Affordability calculator

Can I afford to live at 731 Perth Lane?

Bedrooms

2 bedrooms

Rent-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

$96,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $96,000 annually to afford this 2-bedrooms monthly rent price of $2,400.

For more information on rent affordability, visit our rent calculator.

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