Apartment for rent

Pet friendly

8 Hours Ago

Lake Castleton Apartments
7601 Carlton Arms Dr, Indianapolis, IN 46256, USA

Friedman Communities

Monthly rent	$814–$1,542
Beds	Studios–2
Baths	1–2.5
Sqft	431–1,266

Monthly rent	$814–$1,542
Beds	Studios–2
Baths	1–2.5
Sqft	431–1,266

8 Hours Ago

Highlights

Pet Friendly

Location

7601 Carlton Arms Dr, Indianapolis, IN 46256, USA|I69-Fall Creek

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Contact

Managed by

Management

Friedman Communities

Leasing office

(317) 849-5233

Open

10:00 am–4:00 pm ET

Floor plans

Jackson	Studio	1 bath	431 sqft	$947–$1,042 /mo	3 units available	Modern studio apartment with open layout, private balcony or patio, and full kitchen — perfect for easy living near Castleton Square Mall.
Capital	Studio	1 bath	483 sqft	$971–$1,065 /mo	3 units available	Spacious studio with separate dining area, full kitchen, and private patio or balcony at Lake Castleton Apartments.
Congressional	1 bed	1 bath	469 sqft	$991–$1,131 /mo	3 units available	One-bedroom, one-bath apartment with open living area and large closets.
Patriot	1 bed	1 bath	608+ sqft	$1,038–$1,274 /mo	3 units available	Spacious one-bedroom, one-bath apartment with large living area and dining area.
Colonial	1 bed	1 bath	458+ sqft	$1,109–$1,226 /mo	3 units available	Cozy one-bedroom apartment with full kitchen and open living space at Lake Castleton Apartments.
Declaration	1 bed	1 bath	680 sqft	$1,131–$1,226 /mo	3 units available	One-bedroom, one-bath apartment with open living area and in-home washer and dryer.
Gettysburg	1 bed	1 bath	755 sqft	$1,203–$1,245 /mo	3 units available	One-bedroom, one-bath apartment with large living space and generous storage space.
Constitution	1 bed	1 bath	618 sqft	$1,250 /mo	3 units available	One-bedroom, one-bath apartment with open layout, full kitchen, and washer and dryer.
Hancock	2 bed	1 bath	808+ sqft	$1,194–$1,279 /mo	3 units available	Two-bedroom, one-bath apartment with modern kitchen and in-home washer and dryer.
Liberty	2 bed	2 bath	1,045 sqft	$1,246–$1,364 /mo	3 units available	Open two-bedroom apartment with dining area, full kitchen, and two full bathrooms.
Independence	2 bed	1 bath	1,021 sqft	$1,258–$1,429 /mo	3 units available	Two-bedroom, one-bath apartment with large open layout and generous closet space.
Harrison	2 bed	1 bath	821 sqft	$1,322 /mo	3 units available	Two-bedroom apartment with open living area, kitchen, and washer and dryer.
Carlton	2 bed	1.5 bath	1,106 sqft	$1,404–$1,443 /mo	3 units available	Two-bedroom, one-and-a-half bath apartment with open living space with two levels.
Lincoln	2 bed	1 bath	953 sqft	$1,429 /mo	2 units available	Large two-bedroom, one-bath apartment with open layout and separate den area.
Madison	2 bed	1.5 bath	1,170 sqft	$1,463 /mo	3 units available	Large two-bedroom apartment with dining area, modern kitchen, and one and half baths.
Jefferson	2 bed	2.5 bath	1,234+ sqft	$1,522–$1,542 /mo	3 units available	Two-bedroom apartment with large living space, full kitchen, and two and half baths.

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Amenities for Lake Castleton Apartments

Apartment Amenities

Air Conditioning	Ceiling Fan
Central Air Conditioner	Fully Equipped Kitchen with Dishwasher
Private Balconies & Patios	Spacious Closet

Appliances

Dishwasher	Garbage Disposal
In-Unit Laundry	Washer Dryer Connections

Building

Business Center	Cats OK
Clubhouse	Dogs OK
Fitness Center	Onsite Laundry
Renovated Laundry Facilities	Residents Lounge

Grounds

Basketball Courts	Carports
Fenced Yard	Outdoor Space
Playground	Swimming Pool
Volleyball Courts

Services

Availability 24 Hours	Courtesy Patrol
House Sitting	Meal Service
On-Site Management	Onsite Professional Management
Package Service

Neighborhood

Fishing Pier

Transportation

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

Deposit

One-time. Refundable: 100%. Security Deposit

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Base Rent

Monthly rent payment

$947–$1,274

OPTIONAL FEES

Dog Policy

Allowed

Cat Policy

Allowed

Cat

Pet Rent

Monthly. 2 cats max. | Restrictions: None

Contact Property

Dog

Pet Rent

Monthly. 2 dogs max. | Restrictions: None

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Questions about this property’s policies and fees?

Building details

Property details

Units	1261

About Lake Castleton Apartments

Home

Apartments in Indianapolis

I69-Fall Creek

Lake Castleton Apartments

Discover the perfect blend of comfort and convenience at Lake Castleton Apartments in Indianapolis, Indiana. Nestled within a scenic lakeside setting, our spacious studio, one, and two bedroom apartments feature open layouts, private patios or balconies, fully equipped kitchens, and serene pond or courtyard views. Residents enjoy a complete lifestyle experience with a resort-style swimming pool, 24-hour fitness center, lighted tennis and basketball courts, dog parks, and beautiful walking paths throughout the community. With professional on-site management and 24-hour emergency maintenance, you’ll find peace of mind and a place to truly call home. Located just minutes from Castleton Square Mall, I-465, and downtown Indianapolis, Lake Castleton offers unmatched access to dining, shopping, and entertainment. Schedule your tour today and see why our residents love coming home to Lake Castleton Apartments.

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Rent trends in I69-Fall Creek

Studio apartments at Lake Castleton Apartments cost about 1% less than the average rent price for studios in I69-Fall Creek.

1-bedroom apartments here are priced 1% higher than 1-bedrooms in I69-Fall Creek.

If you decide to upgrade your space, you can expect 2-bedrooms at Lake Castleton Apartments to be 6% less than the average for similarly sized apartments in I69-Fall Creek.

Median rents as of Oct 25 2025.

I69-Fall Creek

Indianapolis

A table of studio rental data trends in Indianapolis
Month	Median Rent
November 2023	$980
December 2023	$972
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

A table of studio rental data trends in I69-Fall Creek
Month	Median Rent
October 2024	$788
January 2025	$1,011

Affordability calculator

Can I afford to live at 7601 Carlton Arms Dr?

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

$38,360/yr

With your selected rent-to-income ratio, you'd ideally want to make $38,360 annually to afford this studio median monthly rent price of $959.

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

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