Nearby rentals
Renter hub
Property management
Powered by Zumper AI
Managed by
Management
BLUEGROUND
Our team has verified this companyLeasing office
423 East Michigan Street is highly rated with a Zumper score of 9.6/10, reflecting its exceptional quality, amenities, and location, all rated 10/10. The property includes impressive features such as a fully equipped kitchen, spacious living areas, and a smoke-free environment, enhancing the overall living experience. Additionally, its competitive pricing and proximity to top-rated schools add to its appeal, making it a standout option for potential renters.
Things you’ll love
Elementary school nearbyHigh school nearbyElevatorGreat for
Social life
Wellness| Studio | Studio | 1 bath | 462 sqft | $1,401 /mo | Feel at home in this studio apartment in the heart of Mass Ave, designed for the modern traveler. Located in the historic Lockerbie Square district, this downtown spot offers charming cobblestone streets and 19th-century architecture. This studio apartment features inviting living areas, a fully equipped kitchen, and a bathroom complete with toiletries. Enjoy access to the resident roof deck and clubroom, as well as the convenience of an in-unit washer and dryer. Entertainment is provided by a smart TV with streaming apps and a TV in the living room. Complimentary coffee is also provided. Enhance your stay with optional services like mid-stay cleanings and early check-in/late checkout (when available) for an additional fee. You're just a short walk from Mass Ave’s vibrant mix of restaurants, bars, and boutiques, and have easy access to cultural landmarks like the Athenæum. The apartment is conveniently located 0.3 miles from the Indiana Convention Center, 0.5 miles from Lucas Oil Stadium, 0.6 miles from the Old National Centre and Saint Mary's Catholic Church, and 0.7 miles from the Phoenix Theatre. This is a smoke-free environment, and any sign of smoking may result in immediate termination and recovery fees beginning at $500. Quiet hours are observed from 9 pm to 8 am. There is a $500 penalty for removing smoke detectors and a $200 penalty for lost key fobs. No outside guests are allowed without permission. One towel is provided per guest per stay. A valid photo ID is required to complete the booking. Guests must agree to not disturb neighbors at all times during the stay. Long-term guests (30 days+) will be subject to a background search and credit check. Check-in is at 4 PM, and check-out is at 11 AM (with a $75/hr late fee). | ||
| 1 bed | 1 bed | 1 bath | 699 sqft | $1,670 /mo | Feel at home in this spacious 1-bedroom apartment in the heart of Mass Ave, designed for the modern traveler. This apartment features inviting living areas, a fully equipped kitchen, and a bathroom complete with toiletries. You can also enjoy access to the resident roof deck and clubroom, as well as an in-unit washer and dryer, a Smart-TV with streaming apps installed, a TV in the living room, and complimentary coffee. Optional services are available to enhance your stay, such as mid-stay cleanings and early check-in/late checkout (when available) for an additional fee. Located in the historic Lockerbie Square district, this downtown spot offers charming cobblestone streets, 19th-century architecture, and easy access to cultural landmarks like the Athenæum. You're just a short walk from Mass Ave’s vibrant mix of restaurants, bars, and boutiques. The Indiana Convention Center is 0.3 miles away, Lucas Oil Stadium is 0.5 miles away, Old National Centre is 0.6 miles away, Phoenix Theatre is 0.7 miles away, and Saint Mary's Catholic Church is 0.6 miles away. This is a smoke-free environment, and any sign of smoking is a violation of the stay agreement, which may result in immediate termination and recovery fees beginning at $500. There is a $500 penalty for removing smoke detectors and a $200 penalty for lost key fobs. No outside guests are allowed without permission. One towel is provided per guest per stay. Quiet hours are observed from 9 pm to 8 am. Check-in is at 4 PM and check-out is at 11 AM, with a $75/hr late fee. A pet fee may be charged for guests traveling with an emotional support animal. To abide by all legal requirements and HOA rules, you will be asked to provide a copy of your official government-issued photo ID, confirm your contact information, and pass through our verification portal. In some instances, you may be required to complete a criminal background check. No weapons or drugs are allowed; police will be called for violating this rule. Guests must agree not to disturb neighbors at any time during the stay. Long-term guests (30 days+) will be subject to a background search and credit check. The unit is equipped with a smart lock, so you can check in and out with ease using a personalized access code. A valid photo ID is required to complete the booking. The minimum age requirement of the primary person booking should be 22 years old for out-of-town guests and 25 years old for local guests. | ||
| 2 bed | 2 bed | 1 bath | 828 sqft | $2,241 /mo | Feel at home in this spacious 2-bedroom apartment in the heart of Mass Ave. Designed for the modern traveler, this wheelchair-accessible apartment offers a seamless check-in and thoughtful amenities. This apartment features inviting living areas, a fully equipped kitchen, and a bathroom complete with toiletries. You can also enjoy a resident roof deck, resident clubroom, in-unit washer and dryer, smart TV with streaming apps installed, a TV in the living room, and complimentary coffee. Located in the historic Lockerbie Square district, this downtown spot offers charming cobblestone streets, 19th-century architecture, and easy access to cultural landmarks like the Athenæum. You're just a short walk from Mass Ave’s vibrant mix of restaurants, bars, and boutiques. The Indiana Convention Center is 0.3 miles away, Lucas Oil Stadium is 0.5 miles away, Old National Centre is 0.6 miles away, Phoenix Theatre is 0.7 miles away, and Saint Mary's Catholic Church is 0.6 miles away. Smoking of any kind is not permitted within or outside of this apartment, including balconies, patios, or common and/or parking areas. Any sign of smoking is a violation of the stay agreement, which may result in immediate termination and recovery fees beginning at $500. There is a $500 penalty for removing smoke detectors and a $200 penalty for lost key fobs. Guests must agree to not disturb neighbors at any time during the stay and must observe quiet hours from 9 pm to 8 am each day. Check-in is at 4 PM and check-out is at 11 AM, with a $75/hour late fee. No weapons or drugs are allowed; police will be called for violating this rule. No outside guests are allowed without permission. One towel is provided per guest per stay. A valid photo ID is required to complete the booking. Guests traveling with an emotional support animal may be charged a pet fee, and the presence of emotional support animals can be declined. To abide by all legal requirements and HOA rules, you will be asked to provide a copy of your official government-issued photo ID, confirm your contact information, and pass through a verification portal. In some instances, you may be required to complete a criminal background check. Minimum age requirement of primary person booking should be 22 years old for out-of-town guests and 25 years old for local guests. |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Central Heat |
| Fully Equipped Kitchen | Furnished |
| Hanger | Has View |
| Kettle | Linen Towel |
| Private Entrance | Shampoo |
| Toaster | TV |
Appliances
| Coffee Machine | Dishwasher |
| Hair Dryer | In-Unit Laundry |
| Iron | Microwave |
| Oven | Refrigerator |
| Stove |
Tech
| WFH Bundle | WiFi |
Building
| Elevator | Roof Deck |
| Smoke Detector | Wheelchair Accessible |
One-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?
| Lease terms | 1–12 months |
|---|
We offer custom pricing for any duration. Rates may vary upon exact move in and move out dates. Please visit our website and enter your dates of stay to see up-to-date pricing for your specific booking.
How 423 East Michigan Street compares to other nearby properties.
Positives
Studio apartments at 423 East Michigan Street cost about 1% less than the average rent price for studios in Downtown Indianapolis.
1-bedroom apartments here are priced 2% higher than 1-bedrooms in Downtown Indianapolis.
If you decide to upgrade your space, you can expect 2-bedrooms at 423 East Michigan Street to be 4% more than the average for similarly sized apartments in Downtown Indianapolis.
| Month | Median Rent |
|---|---|
| December 2023 | $945 |
| January 2024 | $900 |
| February 2024 | $908 |
| 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 | $1,005 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,298 |
| January 2024 | $1,383 |
| February 2024 | $1,354 |
| March 2024 | $1,337 |
| 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 | $1,410 |
Can I afford to live at 423 East Michigan Street #1032108P?
Bedrooms
Rent-to-income ratio
30%
$56,040/yr
2020 dawson st
indianapolis, IN, 46203
3330 n pennsylvania
indianapolis, IN, 46205
9501 e 36th st
indianapolis, IN, 46236
Castleton • 8850 River Bend Parkway
1–2 Beds
$895–$1,795
St. Vincent - Greenbriar • 1854 Century Way
1–2 Beds
$1,059–$1,450
Martindale - Brightwood • 3200 Dr Andrew J Brown Avenue
Studio–2 Beds
$1,049–$2,120
Castleton • 8525 Laurel Valley Drive
1–2 Beds
$1,049–$2,756
Speedway • 2030 Runaway Bay Drive
1–3 Beds
$1,208–$3,138
I69-Fall Creek • 7545 Bayview Club Drive
1–3 Beds
$1,149–$2,738
Broad Ripple • 6220 Guilford Avenue
Studio–2 Beds
$1,269–$2,392
5812 Beatle Drive
1–2 Beds
$1,252–$2,921
Castleton • 8850 River Bend Parkway
1–2 Beds
$895–$1,795
St. Vincent - Greenbriar • 1854 Century Way
1–2 Beds
$1,059–$1,450
Martindale - Brightwood • 3200 Dr Andrew J Brown Avenue
Studio–2 Beds
$1,049–$2,120
Castleton • 8525 Laurel Valley Drive
1–2 Beds
$1,049–$2,756
Speedway • 2030 Runaway Bay Drive
1–3 Beds
$1,208–$3,138
I69-Fall Creek • 7545 Bayview Club Drive
1–3 Beds
$1,149–$2,738
Broad Ripple • 6220 Guilford Avenue
Studio–2 Beds
$1,269–$2,392
5812 Beatle Drive
1–2 Beds
$1,252–$2,921
