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Slate Apartments earns a strong overall impression with an 8.5 Zumper Expert Rating, backed by excellent marks for price, amenities, and location. Spacious apartments, washer and dryer, stainless steel appliances, large balconies, and a top floor fitness room add to its appeal, while 19 photos, strong value per square foot, and nearby grocery, parks, pet services, restaurants, and mixed-use spaces support its broad everyday convenience.
Things you’ll love
More spaceBalconyCar chargingGreat for
Wellness
Social life
Pet owners| C- One Bedroom | 1 bed | 1 bath | 690 sqft | $1,690 /mo | 1 unit available | Slate is in the beautiful Fletcher Place neighborhood which is located between downtown Indianapolis and the Fountain Square Cultural District, Slate sits directly on the Indianapolis Cultural Trail which provides easy access to some of Indianapolis' most unique dining experiences, night life and art galleries. *Photos/Images may not be of actual unit, they are of a typical unit/features in this building. Not all amenities apply to all units. Please check with a leasing agent for exact amenities. Furnishings shown in pictures may not be identical to the furnishings provided in this unit. | |
| E- One Bedroom | 1 bed | 1 bath | 803 sqft | $1,720 /mo | 1 unit available | Slate is in the beautiful Fletcher Place neighborhood which is located between downtown Indianapolis and the Fountain Square Cultural District, Slate sits directly on the Indianapolis Cultural Trail which provides easy access to some of Indianapolis' most unique dining experiences, night life and art galleries. *Photos/Images may not be of actual unit, they are of a typical unit/features in this building. Not all amenities apply to all units. Please check with a leasing agent for exact amenities. Furnishings shown in pictures may not be identical to the furnishings provided in this unit. |
Let's explore this property.
Apartment Amenities
| Trash | Walk-in Closet |
| Washer/Dryer Hookups |
Appliances
| Dishwasher | Icemaker |
| In-Unit Laundry | Microwave |
| Oven | Refrigerator |
| Stainless Steel Appliances | Washer and Dryer |
Tech
| Electronic Locks |
Building
| Cats OK | Controlled Package Room |
| Dogs OK | EV Charging |
| Fitness Center |
Grounds
| Assigned Parking | One Parking Space Included |
| Outdoor Space |
Services
| Package Service |
One-time.
One-time. Refundable.
Assigned Parking
Questions about this property’s policies and fees?
| Units | 68 |
|---|
Welcome to Slate Apartments, located on Virginia Ave, where modern living meets convenience and style! Our community offers a variety of spacious and thoughtfully designed studio, one-bedroom, and two-bedroom apartments. Skyline views of Downtown Indianapolis, kitchen islands with waterfall countertops, stainless steel appliances, washer and dryer, and large balconies are some of the apartment amenities offered. Community amenities include a top floor fitness room, green roof terrace with grill, and surface lot parking for guests. Slate is home to Tappers Arcade and Old National Bank. Located right on the Cultural Trail in the venerable Holy Rosary/Fletcher Place neighborhood/Fountain Fletcher District
How Slate Apartments compares to other nearby properties.
Positives
Considerations
1-bedroom apartments here are priced 18% higher than 1-bedrooms in Downtown Indianapolis.
| Month | Median Rent |
|---|---|
| November 2024 | $1,123 |
| 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 |
| June 2026 | $892 |
| July 2026 | $871 |
| August 2026 | $888 |
| September 2026 | $930 |
| October 2026 | $963 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,333 |
| 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 |
| June 2026 | $1,537 |
| July 2026 | $1,489 |
| August 2026 | $1,474 |
| September 2026 | $1,466 |
| October 2026 | $1,435 |
Can I afford to live at 501 Virginia Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
$68,200/yr
2020 dawson st
indianapolis, IN, 46203
320 n tibbs ave
indianapolis, IN, 46222
320 n tibbs ave
indianapolis, IN, 46222
320 n tibbs ave
indianapolis, IN, 46222
3330 n pennsylvania
indianapolis, IN, 46205
Martindale - Brightwood • 3132 Dr Andrew J Brown Ave
Studio–2 Beds
$1,108–$2,229
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
Speedway • 6363 Hollister Drive
Studio–3 Beds
$700–$1,429
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
I65-South Emerson • 6810 Valley Ridge Dr
1–3 Beds
$1,099–$4,617
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Broad Ripple • 888 E 66th St
2 Beds
$1,774–$1,882
Total Monthly Price. The price shown reflects a 9-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Arlington Woods • 3775 Allerton Pl
3 Beds
$1,600
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Broad Ripple • 950 E 64th St
1–2 Beds
$1,353–$2,503
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Augusta - New Augusta • 3947 Point Bar Rd
1–2 Beds
$1,150–$1,425
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.9515 Shoreland Ln
1–3 Beds
$899–$1,400
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Martindale - Brightwood • 3132 Dr Andrew J Brown Ave
Studio–2 Beds
$1,108–$2,229
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Speedway • 6363 Hollister Drive
Studio–3 Beds
$700–$1,429
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.I65-South Emerson • 6810 Valley Ridge Dr
1–3 Beds
$1,099–$4,617
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Broad Ripple • 888 E 66th St
2 Beds
$1,774–$1,882
Total Monthly Price. The price shown reflects a 9-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Arlington Woods • 3775 Allerton Pl
3 Beds
$1,600
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Broad Ripple • 950 E 64th St
1–2 Beds
$1,353–$2,503
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Augusta - New Augusta • 3947 Point Bar Rd
1–2 Beds
$1,150–$1,425
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.9515 Shoreland Ln
1–3 Beds
$899–$1,400
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
