4 Hours Ago
Location
429 N Colorado Ave, Indianapolis, IN 46201, USA|Near Eastside
Hi! Let’s figure out if this property is right for you.
Powered by Zumper AI
Nearby rentals
Renter hub
Property management
Apartments for rent IndianapolisApartments for rent MuncieApartments for rent GreenwoodApartments for rent NoblesvilleApartments for rent Snacks - Guion CreekApartments for rent BrownsburgApartments for rent Chapel Hill - Ben DavisApartments for rent FishersApartments for rent Valley MillsApartments for rent McCordsvilleApartments for rent CambyApartments for rent WestfieldApartments for rent Five PointsApartments for rent GreenfieldApartments for rent EagledaleApartments Near Me
Houses for rent IndianapolisHouses for rent Near EastsideHouses for rent MuncieHouses for rent CumberlandHouses for rent New CastleHouses for rent CumberlandHouses for rent FishersHouses for rent Downtown IndianapolisHouses for rent Near SoutheastHouses for rent Martindale - BrightwoodHouses for rent Near SouthsideHouses for rent GreenwoodHouses for rent Near Northwest - RiversideHouses for rent WestfieldHouses for rent CarmelHouses for rent near me
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 1,020 sqft | $800 /mo | 1 unit available | Welcome to 431 N Colorado Ave, a charming two-story home that combines generous living space with convenience in the heart of Indianapolis. This 2-bedroom, 1-bathroom residence offers a sprawling living room perfect for relaxing or entertaining. The interior features easy-to-maintain laminate flooring throughout the main areas, while both oversized bedrooms are carpeted for added comfort. The large kitchen is a standout, boasting an impressive amount of cabinet storage and abundant counter space, ideal for daily cooking or hosting. Situated in a prime central location, this home offers the best of city living, quick commute times with quick access to major roads, local shopping, schools, and employment opportunities. Enjoy nearby parks, recreational areas, and a golf course just minutes away. Pet Friendly! $450 non-refundable pet deposit and $45 monthly pet fee (per pet) $300 tenant lease administration fee (due at signing) Tenants pay all utilities Resident Benefits Package: $50/month, includes: Renter's insurance Furnace filter delivery Identity protection Resident rewards Pest control Rental requirements: 600+ credit score, gross monthly income of 3x the rent, no evictions, no bankruptcies, and a clean background check. |
Let's explore this property.
Amenities for 429-31 North Colorado Avenue
Appliances
| Range | Refrigerator |
| Stove |
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
Building details
Property details
| Units | 2 |
|---|
Advertisement
About 429-31 North Colorado Avenue
Welcome to 431 N Colorado Ave, a charming two-story home that combines generous living space with convenience in the heart of Indianapolis. This 2-bedroom, 1-bathroom residence offers a sprawling living room perfect for relaxing or entertaining. The interior features easy-to-maintain laminate flooring throughout the main areas, while both oversized bedrooms are carpeted for added comfort. The large kitchen is a standout, boasting an impressive amount of cabinet storage and abundant counter space, ideal for daily cooking or hosting. Situated in a prime central location, this home offers the best of city living, quick commute times with quick access to major roads, local shopping, schools, and employment opportunities. Enjoy nearby parks, recreational areas, and a golf course just minutes away. Pet Friendly! $450 non-refundable pet deposit and $45 monthly pet fee (per pet) $300 tenant lease administration fee (due at signing) Tenants pay all utilities Resident Benefits Package: $50/month, includes: Renter's insurance Furnace filter delivery Identity protection Resident rewards Pest control Rental requirements: 600+ credit score, gross monthly income of 3x the rent, no evictions, no bankruptcies, and a clean background check.
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Near Eastside
2-bedroom apartments at 429-31 North Colorado Avenue cost about 33% less than the average rent price for 2-bedroom apartments in Near Eastside.
Median rents as of Mar 28 2026.
Near Eastside
Indianapolis
| Month | Median Rent |
|---|---|
| April 2024 | $1,080 |
| 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 | $1,039 |
| February 2026 | $1,034 |
| March 2026 | $1,004 |
| Month | Median Rent |
|---|---|
| April 2024 | $831 |
| May 2024 | $716 |
| June 2024 | $688 |
| July 2024 | $647 |
| August 2024 | $789 |
| September 2024 | $992 |
| October 2024 | $957 |
| November 2024 | $984 |
| December 2024 | $774 |
| January 2025 | $742 |
| February 2025 | $630 |
| March 2025 | $1,199 |
| April 2025 | $1,049 |
| May 2025 | $1,199 |
| June 2025 | $1,149 |
| July 2025 | $1,199 |
| August 2025 | $1,008 |
| September 2025 | $690 |
| October 2025 | $696 |
| November 2025 | $953 |
| December 2025 | $908 |
| January 2026 | $945 |
| February 2026 | $924 |
| March 2026 | $898 |
Affordability calculator
Can I afford to live at 429 N Colorado Ave?
Bedrooms
2 bedroomsRent-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
$32,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $32,000 annually to afford this 2-bedrooms monthly rent price of $800.
For more information on rent affordability, visit our rent calculator.
Schools near 429-31 North Colorado Avenue
Ralph Waldo Emerson School No. 58
321 n linwood ave
indianapolis, IN, 46201
PK, K-6Public
C-
Family Development Services - Windsor Village East
5950 e 23rd st
indianapolis, IN, 46218
PKPublic
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
Francis Bellamy Pre-School Center
9501 e 36th st
indianapolis, IN, 46236
PKPublic
Indiana School for the Deaf
1200 e 42nd st
indianapolis, IN, 46205
PK, K-12Public
Advertisement
Internet available near 429-31 North Colorado Avenue
Getting around Indianapolis near 429 N Colorado Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 429 N Colorado Ave, Indianapolis
Groceries
6/10
At least one supermarket within a 15-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
2/10
At least one high school within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
4/10
Some bars within walking distance
Compare similar properties nearby
Riverbend Apartments
Our team has verified this companyCastleton • 8850 River Bend Pkwy
1–2 Beds
$986–$1,889
- dogs and cats ok
- swimming pool
- in-unit laundry
The Jameson
Our team has verified this companySt. Vincent - Greenbriar • 1854 Century Way
1–2 Beds
$1,130–$1,450
- dogs and cats ok
- swimming pool
- in-unit laundry
The Legend at Speedway
Our team has verified this companySpeedway • 2202 Fair Oaks Dr
1–2 Beds
$799–$1,894
- dogs and cats ok
- swimming pool
- in-unit laundry
South and Madison
Our team has verified this companySouth Perry • 1834 Madison Village Dr
1–3 Beds
$830–$1,578
- dogs and cats ok
- swimming pool
- in-unit laundry
- dogs and cats ok
- swimming pool
- in-unit laundry
Overlook at Valley Ridge Apartments
Our team has verified this companyI65-South Emerson • 6810 Valley Ridge Dr
1–3 Beds
$1,157–$4,573
- dogs and cats ok
- swimming pool
- in-unit laundry
- dogs and cats ok
- swimming pool
- in-unit laundry
Meridian Court South
Our team has verified this companyLinden Wood • 7266 Lockwood Ln
1–2 Beds
$920–$1,440
- dogs and cats ok
- swimming pool
- in-unit laundry
Riverbend Apartments
Our team has verified this companyCastleton • 8850 River Bend Pkwy
1–2 Beds
$986–$1,889
- dogs and cats ok
- swimming pool
- in-unit laundry
The Jameson
Our team has verified this companySt. Vincent - Greenbriar • 1854 Century Way
1–2 Beds
$1,130–$1,450
- dogs and cats ok
- swimming pool
- in-unit laundry
The Legend at Speedway
Our team has verified this companySpeedway • 2202 Fair Oaks Dr
1–2 Beds
$799–$1,894
- dogs and cats ok
- swimming pool
- in-unit laundry
South and Madison
Our team has verified this companySouth Perry • 1834 Madison Village Dr
1–3 Beds
$830–$1,578
- dogs and cats ok
- swimming pool
- in-unit laundry
- dogs and cats ok
- swimming pool
- in-unit laundry
Overlook at Valley Ridge Apartments
Our team has verified this companyI65-South Emerson • 6810 Valley Ridge Dr
1–3 Beds
$1,157–$4,573
- dogs and cats ok
- swimming pool
- in-unit laundry
- dogs and cats ok
- swimming pool
- in-unit laundry
Meridian Court South
Our team has verified this companyLinden Wood • 7266 Lockwood Ln
1–2 Beds
$920–$1,440
- dogs and cats ok
- swimming pool
- in-unit laundry