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BLUEGROUND
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| Studio | Studio | 1 bath | $3,870 /mo | Feel at home in this studio apartment in downtown Indy, designed for the contemporary traveler. Located on Market St, close to Monument Circle, the Convention Center, and Lucas Oil Stadium, you won’t find a better spot. This spacious studio apartment features inviting living areas, a fully equipped kitchen, and a bathroom complete with toiletries. Enjoy the convenience of an in-unit washer and dryer, a smart TV with streaming apps installed, a TV in the living room, and complimentary coffee. Building amenities include a large outdoor pool and sundeck, a fitness center, a grilling area and fireplace, and bike storage. A pet fee between $100 and $300 will be collected separately, based on stay length. A pet must be on a leash when outside on the property. Located in the heart of the Market East District, you'll have everything at your fingertips. The Indy Cultural Trail, a world-class urban bike and pedestrian path that connects unique neighborhoods, cultural districts, and entertainment, is just a short walk away. You are also steps from Whole Foods, so you can take advantage of the full kitchen. The Indiana Convention Center is 0.3 miles away, Lucas Oil Stadium is 0.5 miles away, Old National Centre is 0.3 miles away, Phoenix Theatre is 0.5 miles away, and Saint Mary's Catholic Church is 0.5 miles away. A car isn’t necessary to explore the area, as you can find restaurants, entertainment, and activities within walking distance. There are also Lime and Bird electric scooters in the area available for rent. 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. A maximum of two pets are allowed (40lbs combined), excluding Pit Bulls and Bull Mastiffs or similar breeds. A pet fee may be charged for guests traveling with an emotional support animal, 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 our verification portal. In some instances, you may be required to complete a criminal background check. No weapons or drugs are allowed, and police will be called for violating this rule. Guests must agree not to disturb neighbors at any time during the stay. The apartment is proactively monitored with decibel sensors for compliance with this noise policy. Check-in is at 4 PM, and check-out is at 11 AM, with a $75/hr late fee. | |||
| 2 bed | 2 bed | 2 bath | $3,870 /mo | Feel at home in this spacious 2-bedroom apartment in downtown Indy. Located on Market St, close to Monument Circle, the convention center, and Lucas Oil Stadium, you won’t find a better spot. This apartment features inviting living areas, a fully equipped kitchen, and a bathroom complete with toiletries. You can also enjoy an in-unit washer and dryer, a smart TV with streaming apps installed, a TV in the living room, and complimentary coffee. Building amenities include a large outdoor pool and sundeck, a fitness center, a grilling area and fireplace, and bike storage. An additional $100-300 pet fee based on stay length will be collected separately. All pets must be on a leash when outside on the property. In the heart of the Market East District, you'll have everything at your fingertips. The Indy Cultural Trail, a world-class urban bike and pedestrian path that connects unique neighborhoods, cultural districts, and entertainment, is just a short walk away. You are also just steps from Whole Foods, so you can take advantage of the full kitchen. The Indiana Convention Center is 0.3 miles away, Lucas Oil Stadium is 0.5 miles away, Old National Centre is 0.3 miles away, Phoenix Theatre is 0.5 miles away, and Saint Mary's Catholic Church is 0.5 miles away. Smoking of any kind is not permitted within or outside of the 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. Check-in is at 4 PM, and check-out is at 11 AM, with a $75/hr late fee. There is a $500 penalty for removing smoke detectors and a $200 penalty for lost key fobs. No outside guests are allowed without permission. Quiet hours are observed from 9pm-8am each day. Guests must agree not to disturb neighbors at any time during the stay. A pet fee may be charged for guests traveling with an emotional support animal. The presence of emotional support animals can be declined from stays or experiences. 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 asked to complete a criminal background check. Failure to provide these documents will result in a cancellation and denied entry. No weapons or drugs are allowed, and police will be called for violating this rule. 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. | |||
| 3 bed | 3 bed | 2 bath | $3,870 /mo | Feel at home in this spacious 3-bedroom apartment in downtown Indy, designed for the contemporary traveler. This apartment features inviting living areas, a fully equipped kitchen, and a bathroom complete with toiletries. Enjoy the convenience of an in-unit washer and dryer, a smart TV with streaming apps, a TV in the living room, and complimentary coffee. Building amenities include a large outdoor pool and sundeck, a fitness center, a grilling area and fireplace, and bike storage. Decor and layout may vary slightly from the photos. An additional pet fee between $100 and $300 will be collected separately, based on stay length. A pack-n-play can be provided for an additional fee of $150, subject to location and availability. Located in the heart of the Market East District, this apartment puts you at the center of it all. The Indy Cultural Trail, a world-class urban bike and pedestrian path, is a short walk away, as is Whole Foods. The Indiana Convention Center is 0.3 miles away, Lucas Oil Stadium is 0.5 miles away, Old National Centre is 0.3 miles away, Phoenix Theatre is 0.5 miles away, and Saint Mary's Catholic Church is 0.5 miles away. A car isn’t necessary to explore the area, with restaurants, entertainment, and activities within walking distance. Lime and Bird electric scooters are also available for rent. Smoking of any kind is not permitted within or outside of the 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. No outside guests are allowed without permission. Quiet hours are observed from 9 pm to 8 am. Guests must agree not to disturb neighbors at all times during the stay. No weapons or drugs are allowed, and police will be called for violating this rule. A pet fee may be charged for guests traveling with an emotional support animal, and the presence of emotional support animals can be declined. Check-in is at 4 PM and check-out is at 11 AM, with a $75/hr late fee. There is a maximum of 2 pets allowed, with a combined weight limit of 40lbs. Pit Bulls and Bull Mastiffs [or similar breeds] are not allowed. All pets must be on a leash when outside on the property. 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. Failure to provide these documents will result in a cancellation and denied entry. Long-term guests (30 days+) will be subject to a background search and credit check. |
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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
| Cats OK | Dogs OK |
| Elevator | Fitness Center |
| Roof Deck | Smoke Detector |
Grounds
| Assigned Parking | Outdoor Shared Pool |
| Storage | Swimming Pool |
One-time.
One-time. Refundable.
Assigned Parking
Contact for more information on pet policy.
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.
Studio apartments at 421 East Market Street cost about 171% more than the average rent price for studios in Downtown Indianapolis.
If you decide to upgrade your space, you can expect 2-bedrooms at 421 East Market Street to be 88% more than the average for similarly sized apartments in Downtown Indianapolis.
3-bedroom apartments at 421 East Market Street cost about 51% more than the average rent price for 3-bedroom apartments in Downtown Indianapolis.
| Month | Median Rent |
|---|---|
| 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 | $1,029 |
| January 2026 | $1,049 |
| Month | Median Rent |
|---|---|
| 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 | $1,424 |
| January 2026 | $1,429 |
Can I afford to live at 421 E Market St #1384025P?
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Rent-to-income ratio
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