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Updated 5+ Days Ago

Highlights

  • Spacious living room
  • All utilities
  • Two large bedrooms
  • Off street parking/yard space
  • Kitchen with brand new cabinets/countertops
  • Front porch

Location

1541 Draper St, Indianapolis, IN 46203, USA
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Floor plans

1541 Draper Street - 12 bed1 bathSPECIAL!!! Security deposit moves you in. No rent due until the new year! Welcome home to this 2 bedroom, 1 bathroom unit in the heart of downtown. The main floor features a spacious living room and a kitchen with brand new cabinets/countertops. The full bathroom is also located on the main level. Upstairs, you will find two large bedrooms. Enjoy the front porch and off street parking/yard space in the back. Schedule your showing today. This unit won't last long! Security deposit: $950. Tenants responsible for all utilities and yard care. Application fee: $35 per person (over the age of 18)

Available rentals nearby

featured image of 460 N White River Pkwy West Dr

Riverview

Our team has verified this company

Near Westside • 460 N White River Pkwy West Dr

2 Beds

$1,744–$1,794

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.
featured image of 2136 Central Ave

The Grounds

Our team has verified this company

Near Northside • 2136 Central Ave

2 Beds

$1,709–$2,727

Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 530 E Ohio St

Maxwell Apartments

Our team has verified this company

Downtown Indianapolis • 530 E Ohio St

2 Beds

$1,777–$1,870

Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 2633 Cold Spring Manor Dr

The Riverside Apartment Homes

Our team has verified this company

Marian - Cold Springs • 2633 Cold Spring Manor Dr

2 Beds

$1,142–$1,282

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 4725 Madison Ave

CrossRoads @ Madison Park

Our team has verified this company

Edgewood • 4725 Madison Ave

2 Beds

$950

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.
featured image of 1366 N Arlington Ave

The Vistas Apartment Homes

Our team has verified this company

Eastside • 1366 N Arlington Ave

2 Beds

$1,027–$1,257

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 4417 Linwood Ct

The Courts Apartment Homes

Our team has verified this company

Near Eastside • 4417 Linwood Ct

2 Beds

$957

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 5350 Churchman Ave

Churchman Woods

Our team has verified this company

5350 Churchman Ave

2 Beds

N/A

featured image of 460 N White River Pkwy West Dr

Riverview

Our team has verified this company

Near Westside • 460 N White River Pkwy West Dr

2 Beds

$1,744–$1,794

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.
featured image of 2136 Central Ave

The Grounds

Our team has verified this company

Near Northside • 2136 Central Ave

2 Beds

$1,709–$2,727

Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 530 E Ohio St

Maxwell Apartments

Our team has verified this company

Downtown Indianapolis • 530 E Ohio St

2 Beds

$1,777–$1,870

Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 2633 Cold Spring Manor Dr

The Riverside Apartment Homes

Our team has verified this company

Marian - Cold Springs • 2633 Cold Spring Manor Dr

2 Beds

$1,142–$1,282

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 4725 Madison Ave

CrossRoads @ Madison Park

Our team has verified this company

Edgewood • 4725 Madison Ave

2 Beds

$950

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.
featured image of 1366 N Arlington Ave

The Vistas Apartment Homes

Our team has verified this company

Eastside • 1366 N Arlington Ave

2 Beds

$1,027–$1,257

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 4417 Linwood Ct

The Courts Apartment Homes

Our team has verified this company

Near Eastside • 4417 Linwood Ct

2 Beds

$957

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 5350 Churchman Ave

Churchman Woods

Our team has verified this company

5350 Churchman Ave

2 Beds

N/A

Rent trends in Indianapolis

Median rents as of Oct 24 2026.
Indianapolis
A table of studio rental data trends in Indianapolis
MonthMedian 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$956

Schools near 1541 Draper Street

Frederick Douglass School 19

2020 dawson st

indianapolis, IN, 46203

PK, K-8Public
C-

William McKinley School No. 39

1733 spann ave

indianapolis, IN, 46203

PK, K-6Public
C+

Rise Learning Center

5391 s shelby st

indianapolis, IN, 46227

PK, K-12Public

Impact Academy

320 n tibbs ave

indianapolis, IN, 46222

K-12Public
D

Impact Academy 2

320 n tibbs ave

indianapolis, IN, 46222

K-12Public
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Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Indianapolis near 1541 Draper St

Walking

5/10
Some shops and stores are within a few minutes.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 1541 Draper St, Indianapolis

Groceries

6/10
Wide variety of groceries within a short drive, including some within walking distance

Shopping

5/10
Variety of shops within a short drive

Cafes

6/10
Variety of cafés within a short drive

Restaurants

7/10
Wide variety of restaurants within a short drive, including some within walking distance

Primary schools

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

High schools

3/10
At least one high school within a 30-minute walk

Parks

6/10
Large amount of park space nearby

Nightlife

8/10
Wide variety of bars within a short drive, including some within walking distance

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