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Highlights

  • Rent Special
  • New Construction
  • Pet Friendly
  • Private balcony
  • Prime location
  • Luxury apartment homes
  • High-end amenities
  • Spacious living room
  • Inviting atmosphere

Location

2136 Central Ave, Indianapolis, IN 46202, USA|Near Northside
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Contact

Management

Birge and Held Asset Management, LLC

Our team has verified this company

Leasing office

(317) 662-2578

Open 

9:00 am–6:00 pm ET

Property Overview

The Grounds excels with a Zumper expert rating of 9.6 and demonstrates an impressive balance between price and value, rated at 9 out of 10. It features top-tier amenities and an ideal location, both rated 10 out of 10, providing unrivaled convenience and an exceptional living experience. Additional pros include ample photos and pet-friendly features, making it a standout option for those seeking an inviting atmosphere and active lifestyle.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.6
Excellent
Earning an outstanding 9.6 out of 10 overall rating, The Grounds is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Amenities and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.

Things you’ll love

  • More space
  • Images Available
  • Outdoor space

Great for

  • Wellness
  • Social life
  • Pet owners

Floor plans

The JazzStudio1 bath602 sqft$1,299 /mo3 units available
Jazz IIStudio1 bath606 sqft$1,299 /mo3 units available
The ChignonStudio1 bath620 sqft$1,329 /mo2 units available
The ChaiseStudio1 bath585 sqft$1,349 /mo1 unit available
The Luxe1 bed1 bath611 sqft$1,299 /mo3 units available
Taffeta II1 bed1 bath581 sqft$1,329 /mo1 unit available
The Glamour1 bed1 bath592 sqft$1,349 /mo1 unit available
The Parasol1 bed1 bath629 sqft$1,360 /mo3 units available
The Carriage1 bed1 bath651 sqft$1,399 /mo3 units available
Parlour III1 bed1 bath657 sqft$1,425 /mo2 units available
Parlour IV1 bed1 bath668 sqft$1,425 /mo3 units available
The Charleston1 bed1 bath658 sqft$1,425 /mo2 units available
The Parlour1 bed1 bath649 sqft$1,425 /mo3 units available
The Dazzle1 bed1 bath630 sqft$1,445 /mo3 units available
Charleston II1 bed1 bath682 sqft$1,495 /mo3 units available
The Whitcomb II1 bed1 bath740 sqft$1,517 /mo1 unit available
Allure1 bed1 bath865 sqft$1,550 /mo3 units available
The Riviera1 bed1 bath789 sqft$1,550 /mo3 units available
The Chic1 bed1 bath747 sqft$1,695 /mo2 units available
The Harrison1 bed1 bath769 sqft$1,745 /mo1 unit available
The Presto2 bed1 bath835 sqft$1,799 /mo1 unit available
The Fortune2 bed2 bath998 sqft$1,849 /mo3 units available
The Sapphire2 bed2 bath995 sqft$1,849 /mo1 unit available
The Vintage2 bed1 bath886 sqft$1,849 /mo1 unit available
The Cogwheel2 bed2 bath976 sqft$1,925 /mo3 units available
The Opulent2 bed2 bath1,110 sqft$1,999 /mo2 units available
The Morton2 bed2 bath1,212 sqft$2,144 /mo1 unit available
The Herron2 bed2 bath1,200 sqft$2,144 /mo2 units available
The Candelabra3 bed2 bath1,347 sqft$2,625 /mo1 unit available
The Taflinger3 bed2 bath2,065 sqft$3,499 /mo2 units available

Let's explore this property.

Amenities for The Grounds

Apartment Amenities

Air Conditioning

Appliances

Full Size Washer and DryerIn-Unit Laundry
Washer and Dryer

Building

Cats OKControlled Access
Dogs OKFitness Center
Pet SpaRoof Deck
Yoga Room

Grounds

Assigned ParkingGarage Parking
Swimming Pool

Services

Controlled Access Entry
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

Application Fee

One-time. Agent application fee.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

OPTIONAL FEES

Parking Policy

Other

Garages available now for $150-$200. Contact us for more information about our parking options.

Surface Lot

Assigned. Garages available now for $150-$200. Contact us for more information about our parking options.

Garage Lot

Assigned. Garages available now for $150-$200. Contact us for more information about our parking options.

Other

Parking Fee

Monthly. 2 others max. Unassigned parking.

Contact Property

Surface Lot

Parking Fee

Monthly. 2 surface lots max. Assigned parking.

$100

Garage Lot

Parking Fee

Monthly. 2 garage lots max. Assigned parking.

$150

Dog Policy

Allowed
Limit2
Breed restrictionsYes

We welcome 2 pets per home. There is a $300 pet fee and a $30 monthly pet rent per pet.

Cat Policy

Allowed
Limit2

Cat

Pet Rent

Monthly. 2 cats max.

$30

Pet Fee

One-time fee per pet.

$300

Dog

Pet Rent

Monthly. 2 dogs max. We welcome 2 pets per home. There is a $300 pet fee and a $30 monthly pet rent per pet.

$30

Pet Fee

One-time fee per pet.

$300

Questions about this property’s policies and fees?

Building details

Property details

Year built2024
Units236
Lease terms3–15 months
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About The Grounds

HomeApartments in IndianapolisNear Northside The Grounds

Ready to elevate your lifestyle to a higher standard of luxury? Welcome to The Grounds, a brand-new community of luxury studio to three-bedroom apartment homes offering an unparalleled rental experience. Nestled in the vibrant Herron-Morton Place neighborhood, our exclusive residences place you steps from the energy of Downtown Indianapolis. Blending history with modern touches, each apartment is crafted to offer an inviting atmosphere. Host a soirée in your spacious living room, or unwind on your private balcony. With high-end amenities and a prime location, The Grounds is your sanctuary in the heart of the city.


Year Built: 2024

Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.6
/10
Excellent
Earning an outstanding 9.6 out of 10 overall rating, The Grounds is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Amenities and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.
How we rated The Grounds
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
The Grounds stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
The Grounds stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Grounds offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
The Grounds has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at The Grounds.
Trustworthiness·9A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The Grounds has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

The Grounds is great for:

Wellness

  • On-site fitness center or gym
  • On-site pool or spa
  • HVAC systems available onsite
  • On-site quiet spaces for meditation or yoga

Social life

  • Areas nearby are accessible by walking
  • Community gathering spaces on-site (lounges, rooftops, etc.)
  • The area has transit options
  • This community has public spaces on site, like fitness centers or pools

Pet owners

  • Outdoor spaces are available at this property
  • 2 pet grooming services nearby
  • 1 pet hospital in the area
  • 2 pet supply stores near the property

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How The Grounds compares to other nearby properties.

Positives

More space
Studio is 86 sqft larger than other listings nearby
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in Near Northside

Studio apartments at The Grounds cost about 65% more than the average rent price for studios in Near Northside.

1-bedroom apartments here are priced 10% higher than 1-bedrooms in Near Northside.

If you decide to upgrade your space, you can expect 2-bedrooms at The Grounds to be 5% more than the average for similarly sized apartments in Near Northside.

3-bedroom apartments at The Grounds cost about 42% more than the average rent price for 3-bedroom apartments in Near Northside.

Median rents as of Mar 14 2026.
Near Northside
Indianapolis
A table of studio rental data trends in Indianapolis
MonthMedian Rent
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$1,039
February 2026$1,034
March 2026$1,004
A table of studio rental data trends in Near Northside
MonthMedian Rent
March 2024$950
April 2024$935
May 2024$955
June 2024$795
July 2024$854
August 2024$855
September 2024$831
October 2024$850
November 2024$859
December 2024$901
January 2025$917
February 2025$948
March 2025$957
April 2025$825
May 2025$849
June 2025$977
July 2025$1,103
August 2025$958
September 2025$1,309
October 2025$957
November 2025$907
December 2025$841
January 2026$806
February 2026$867
March 2026$799

Affordability calculator

Can I afford to live at 2136 Central Ave?

Bedrooms

Rent-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

$52,560/yr

With your selected rent-to-income ratio, you'd ideally want to make $52,560 annually to afford this studio median monthly rent price of $1,314.
For more information on rent affordability, visit our rent calculator.

Schools near The Grounds

Ips - Butler Lab at William Bell 60

3330 n pennsylvania

indianapolis, IN, 46205

PK, K-8Public
C+

Family Development Services, Inc. Service Center II Head Start

3637 n meridian st

indianapolis, IN, 46208

PKPublic

Center for Inquiry School 70

510 east 46th st

indianapolis, IN, 46205

K-8Public
B

Indiana School for the Deaf

1200 e 42nd st

indianapolis, IN, 46205

PK, K-12Public

Impact Academy 2

320 n tibbs ave

indianapolis, IN, 46222

K-12Public
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Internet available near The Grounds

Getting around Indianapolis near 2136 Central Ave

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 2136 Central Ave, Indianapolis

Groceries

6/10
At least one grocery store within a 15-minute walk

Shopping

5/10
Some shops within walking distance

Cafes

4/10
Some cafés within walking distance

Restaurants

6/10
Variety of restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

4/10
Some bars within walking distance

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