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BLUEGROUND
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Managed by
Management
BLUEGROUND
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421 East Market Street earns a strong overall rating, with standout marks for amenities, location, and quality, plus a competitive price rating and high trustworthiness. It also offers a solid photo gallery, giving renters a clear and helpful look at the property’s features and setting.
Things you’ll love
Great for
| 2 bed | 2 bed | 2 bath | $3,494 /mo | The advertised rate of $3,494/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 22, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. Feel at home in this two-bedroom apartment in downtown Indy, designed for the contemporary traveler. This spacious apartment features inviting living areas, a fully equipped kitchen, and a bathroom complete with toiletries. Enjoy access to a large outdoor pool and sundeck, fitness center, grilling area and fireplace, and bike storage. You can also enjoy an in-unit washer and dryer for free, a smart TV with streaming apps installed, a TV in the living room, and complimentary coffee. A pet fee may be charged for guests traveling with an emotional support animal. Additionally, the presence of emotional support animals can be declined from stays or Experiences. Max 2 pets (40lbs combined) are allowed, but Pit Bulls and Bull Mastiffs [similar breed] are not allowed. An additional pet fee of $100-300 applies based on stay length. Located on Market St, this apartment is close to Monument Circle, the convention center, and Lucas Oil Stadium. 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. 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. Find restaurants, entertainment, and activities within walking distance. There are also Lime and Bird electric scooters in the area available for rent. This is a smoke-free environment, and 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 weapons or drugs are allowed; police will be called for violating this rule. Guests must agree not to disturb neighbors at all times during the stay and must observe quiet hours from 9pm-8am each day. Check-in is at 4 PM and check-out is at 11 AM, with a $75/hr late fee. No outside guests are allowed without permission. One towel per guest per stay. The minimum age requirement of the primary person booking should be 22 years old. A valid photo ID is required to complete the booking. 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. | |||
| 3 bed | 3 bed | 2 bath | $5,457 /mo | The advertised rate of $5,457/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 9, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. Feel at home in this spacious 3-bedroom apartment in downtown Indy. Located on Market St, this apartment is close to Monument Circle, the Convention Center, and Lucas Oil Stadium. 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. Pets are welcome with a fee of $100 to $300, depending on the length of stay. There is a maximum of two 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. A pet fee may be charged for guests traveling with an emotional support animal. Additionally, the presence of emotional support animals can be declined from stays or Experiences. Located in the heart of the Market East District, this apartment is within walking distance of restaurants, entertainment, and activities. 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. Whole Foods is also just steps 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. Guests must agree not to disturb neighbors at all times during the stay and must observe quiet hours from 9 pm to 8 am each day. The apartment is proactively monitored with decibel sensors for compliance with this noise policy. There is a $500 penalty for removing smoke detectors and a $200 penalty for lost key fobs. No outside guests are allowed without permission. Check-in is at 4 PM and check-out is at 11 AM, with a late fee of $75 per hour. Weapons and drugs are not allowed, and police will be called for violations. Guests must be at least 22 years old to book, except for students and interns. A valid photo ID is required to complete the booking. |
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
| 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.
How 421 East Market Street compares to other nearby properties.
Positives
Considerations
If you decide to upgrade your space, you can expect 2-bedrooms at 421 East Market Street to be 49% more than the average for similarly sized apartments in Downtown Indianapolis.
3-bedroom apartments at 421 East Market Street cost about 25% more than the average rent price for 3-bedroom apartments in Downtown Indianapolis.
| Month | Median Rent |
|---|---|
| June 2024 | $1,181 |
| 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 | $1,039 |
| February 2026 | $1,034 |
| March 2026 | $1,004 |
| April 2026 | $955 |
| May 2026 | $951 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,351 |
| 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 | $1,502 |
| February 2026 | $1,519 |
| March 2026 | $1,507 |
| April 2026 | $1,467 |
| May 2026 | $1,507 |
Can I afford to live at 421 E Market St #1384025P?
Bedrooms
Rent-to-income ratio
30%
$139,760/yr
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