Updated 16 Hours Ago
Highlights
Pet Friendly
Location
824 N Alabama St #1, Indianapolis, IN 46204, USA|Downtown Indianapolis
Tour 824 N Alabama St #1
Contact
PMI Indianapolis
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Amenities for 824 N Alabama St #1, Downtown Indianapolis
Appliances
| In-Unit Laundry |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Services
| On-Site Management | 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
Cat Policy
Allowed
Large Dog Policy
Allowed
Other Policy
Allowed
Small Dog Policy
Allowed
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 824 N Alabama St #1
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Apartments in IndianapolisDowntown Indianapolis 824 N Alabama St #1, Indianapolis, IN 46204, USA
Apartments in IndianapolisDowntown Indianapolis 824 N Alabama St #1, Indianapolis, IN 46204, USA
Sweet deal!
This listing is 35% below the median price for 1 bedroom apartments in Downtown Indianapolis.
Security deposit terms are designed to be fair and flexible based on applicant qualifications. For approved applicants who meet the minimum credit score of 680 and income requirement of 3x the monthly rent, the refundable security deposit is equal to one month’s rent. Applicants who do not meet these criteria may still be considered but will be required to provide a higher security deposit equal to 1.5 times the monthly rent. Flexible leasing options available! While our standard lease term is 12 months, we also offer a 6-month lease for added convenience. Perfect for those needing a shorter stay—just note that short-term leases are offered at a 20% premium over the listed rent. 1 Bedroom + Den for the price of just a 1 Bedroom! This spacious apartment offers unparalleled access to all that down town and Mass ave have to offer while having easy access to parking. Refrigerator and Range Provided. There’s a shared laundry room available in the building. At Pmi, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (rbp) to address common headaches for our residents. Our program handles insurance, pest control, air filter changes, utility set up, credit building, resident rewards, identity protection and more at a rate of $69.99/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). By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via Sms, phone, or email. By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.
Address details
| Neighborhood | Downtown Indianapolis |
|---|---|
| Zip code | 46204 |
| Type | Apartment for rent |
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Rent trends in Downtown Indianapolis
1-bedroom apartments at 824 N Alabama St #1 cost about 35% less than the average rent price for 1-bedroom apartments in Indianapolis.
Median rents as of Jul 18 2026.
Downtown Indianapolis
Indianapolis
| Month | Median Rent |
|---|---|
| August 2024 | $1,126 |
| September 2024 | $1,123 |
| October 2024 | $1,143 |
| November 2024 | $1,126 |
| December 2024 | $1,125 |
| January 2025 | $1,152 |
| February 2025 | $1,150 |
| March 2025 | $1,087 |
| April 2025 | $1,024 |
| May 2025 | $1,087 |
| June 2025 | $1,098 |
| July 2025 | $1,090 |
| August 2025 | $1,097 |
| September 2025 | $1,105 |
| October 2025 | $1,080 |
| November 2025 | $1,046 |
| December 2025 | $1,048 |
| January 2026 | $1,017 |
| February 2026 | $1,022 |
| March 2026 | $1,011 |
| April 2026 | $1,017 |
| May 2026 | $1,007 |
| June 2026 | $1,016 |
| July 2026 | $1,069 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,492 |
| September 2024 | $1,469 |
| October 2024 | $1,429 |
| November 2024 | $1,423 |
| December 2024 | $1,470 |
| January 2025 | $1,481 |
| February 2025 | $1,500 |
| March 2025 | $1,550 |
| April 2025 | $1,615 |
| May 2025 | $1,659 |
| June 2025 | $1,651 |
| July 2025 | $1,656 |
| August 2025 | $1,637 |
| September 2025 | $1,597 |
| October 2025 | $1,604 |
| November 2025 | $1,617 |
| December 2025 | $1,602 |
| January 2026 | $1,606 |
| February 2026 | $1,647 |
| March 2026 | $1,655 |
| April 2026 | $1,593 |
| May 2026 | $1,572 |
| June 2026 | $1,589 |
| July 2026 | $1,681 |
Affordability calculator
Can I afford to live at 824 N Alabama St #1?
Bedrooms
1 bedroomRent-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
$44,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $44,000 annually to afford this 1-bedroom monthly rent price of $1,100.
For more information on rent affordability, visit our rent calculator.
Schools near 824 N Alabama St #1
Ips - Butler Lab at William Bell 60
3330 n pennsylvania
indianapolis, IN, 46205
PK, K-8Public
C+
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
Family Development Services, Inc. Service Center II Head Start
3637 n meridian st
indianapolis, IN, 46208
PKPublic
Impact Academy
320 n tibbs ave
indianapolis, IN, 46222
K-12Public
D
Impact Academy 2
320 n tibbs ave
indianapolis, IN, 46222
K-12Public
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Internet available near 824 N Alabama St #1
Getting around Indianapolis near 824 N Alabama St #1
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
6/10
Frequent public transit options are within walking distance.
Points of interest for 824 N Alabama St #1, Indianapolis
Groceries
8/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
9/10
Wide variety of cafés within a few minutes’ walk
Restaurants
9/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
9/10
Exceptional variety of bars right within a few minutes’ walk
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