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Slate Apartments presents a compelling choice for renters, reflected in its strong expert rating of 7.9 out of 10, supported by outstanding amenities including spacious units, stainless steel appliances, and on-site fitness facilities. Its competitive price rating of 7 further enhances its appeal, along with a notable location score of 9, indicating proximity to essential services and vibrant community features. Additionally, it stands out for its trustworthiness, receiving an 8 out of 10, ensuring transparency and reliability for prospective tenants.
Things you’ll love
More spaceMiddle school nearbyDishwasherGreat for
Wellness
Pet owners
Social life| A- Studio | Studio | 1.5 bath | 596 sqft | $1,430 /mo | 2 units 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. | |
| G- 2 Bedroom | 2 bed | 2.5 bath | 1,096 sqft | $2,290 /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
| Balcony | Skyline Views |
| Trash | Walk-in Closet |
| Washer/Dryer Hookups | Wrap Around Balcony |
Appliances
| Dishwasher | Icemaker |
| In-Unit Laundry | Microwave |
| Oven | Refrigerator |
| Stainless Steel Appliances | Washer and Dryer |
Tech
| Electronic Locks |
Building
| Cats OK | Controlled Access Building |
| Controlled Package Room | Dogs OK |
| EV Charging | Fitness Center |
Grounds
| Assigned Parking | One Parking Space Included |
| Outdoor Space |
Services
| Package Service |
| Allowed | Â |
|---|---|
| Limit | 1 |
| Allowed | Â |
|---|---|
| Limit | 1 |
| Assigned Parking | Contact for Price |
|---|
| 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
Studio apartments at Slate Apartments cost about 0% more than the average rent price for studios in Downtown Indianapolis.
If you decide to upgrade your space, you can expect 2-bedrooms at Slate Apartments to be 3% less than the average for similarly sized apartments in Downtown Indianapolis.
| Month | Median Rent |
|---|---|
| September 2023 | $1,147 |
| October 2023 | $1,162 |
| November 2023 | $1,024 |
| 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 | $1,063 |
| Month | Median Rent |
|---|---|
| September 2023 | $1,280 |
| October 2023 | $1,266 |
| November 2023 | $1,253 |
| December 2023 | $1,288 |
| January 2024 | $1,383 |
| 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 | $1,428 |
Can I afford to live at 501 Virginia Ave?
Bedrooms
Rent-to-income ratio
30%
$57,200/yr
2020 dawson st
indianapolis, IN, 46203
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indianapolis, IN, 46205
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Martindale - Brightwood • 3200 Dr Andrew J Brown Ave
Studio–2 Beds
$1,195–$2,120
St. Vincent - Greenbriar • 1854 Century Way
1–2 Beds
$1,130–$1,450
I69-Fall Creek • 7545 Bayview Club Dr
1–3 Beds
$1,277–$3,213
Speedway • 2030 Runaway Bay Dr
1–3 Beds
$1,450–$3,569
Broad Ripple • 6220 Guilford Ave
Studio–2 Beds
$1,235–$2,427
Downtown Indianapolis • 421 N Pennsylvania St
Studio–2 Beds
$1,229–$2,925
I65-South Emerson • 6810 Valley Ridge Dr
1–3 Beds
$1,037–$3,860
