Updated 5+ Days Ago
Location
329 E Minnesota St, Indianapolis, IN 46225, USA|Near Southside
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Property Overview
329-331 E Minnesota St offers a strong location score and standout amenities, with a detailed listing that suggests a clear, trustworthy picture of what to expect. It may have a few less ideal aspects to consider, but its proximity to a top-rated elementary school and a grocery store adds practical convenience.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby
Floor plans
| 2/2 | 2 bed | 2 bath | $1,850 /mo |
Let's explore this property.
Policies and fees
Applicants
Application Fee
Per-applicant.
Contact Property
REQUIRED FEES
Admin Fee
One-time.
$50
Security Deposit
One-time. Refundable.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Units | 2 |
|---|
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About 329-331 E Minnesota St
50% OFF 1ST MONTH RENT w/ Lease Starting by 9/1/2026
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.
6.8
/10
Good329-331 E Minnesota St is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Price, but it offers a satisfying, above-average quality of life.
Price·5A 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.
Monthly rent at 329-331 E Minnesota St is significantly more expensive than other properties in local neighborhoods. Because of the risk associated with the significant cost difference, this building received a 5/10. Some might think the increased cost is justified by the amenities, but it's worth taking a thorough look for yourself and deciding if any premium benefits are worth the extra expense.
Amenities·8A 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.
With multiple in-demand amenities, 329-331 E Minnesota St is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
329-331 E Minnesota St is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A 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.
While 329-331 E Minnesota St does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
329-331 E Minnesota St provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
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 329-331 E Minnesota St compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
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Rent trends in Near Southside
2-bedroom apartments at 329-331 E Minnesota St cost about 38% more than the average rent price for 2-bedroom apartments in Near Southside.
Median rents as of Aug 8 2026.
Near Southside
Indianapolis
| Month | Median Rent |
|---|---|
| August 2024 | $1,053 |
| 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 |
| April 2026 | $955 |
| May 2026 | $951 |
| June 2026 | $892 |
| July 2026 | $871 |
| August 2026 | $855 |
| Month | Median Rent |
|---|---|
| August 2025 | $1,200 |
| December 2025 | $885 |
| January 2026 | $979 |
| February 2026 | $995 |
| March 2026 | $998 |
Affordability calculator
Can I afford to live at 329 E Minnesota St?
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
$74,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $74,000 annually to afford this 2-bedrooms monthly rent price of $1,850.
For more information on rent affordability, visit our rent calculator.
Schools near 329-331 E Minnesota St
James A. Garfield School No. 31
307 lincoln st
indianapolis, IN, 46225
PK, K-8Public
C
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
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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Internet available near 329-331 E Minnesota St
Getting around Indianapolis near 329 E Minnesota St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
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 329 E Minnesota St, Indianapolis
Groceries
5/10
At least one grocery store within a 30-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
3/10
Few or no cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
4/10
At least one high school within a 20-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
5/10
Some bars within walking distance
Explore the area around 329 E Minnesota St
Ghotra Partners Inc
1402 S Meridian St
Grace Foods
2153 Barth Ave
Safeway
2176 Shelby St
City Dogs Grocery
1028 Virginia Ave
Dinner Bell Markets Inc
2835 Shelby St
Sage Boutique
2130 S Garfield Dr
Goodwill
1260 Shelby St
Family Dollar
2245 Shelby St
Nap or Nothing
872 Virginia Ave
Colts Pro Shop
500 S Capitol Ave
Legal Beans Coffee
1644 S Meridian St
Company Kitchen
2120 S Meridian St
Nine Lives Cat Cafe
1315 Shelby St
Harmony Tea Shoppe
1031 Virginia Ave
Bovaconti Coffee
1042 Virginia Ave
Bryants Friendly Inn
1729 S East St
The Vault Indy
1542 S East St
SLB Beer House LLC
2033 S Meridian St
Ajs Lounge
1118 S Meridian St
The Brass Ring Lounge
1245 Shelby St
Elevate CBD Bakery-Fountain Square
1006 Virginia Ave
Bakesmart
125 W South St
Gallery Pastry Bar
110 S Pennsylvania St
The Pantry
222 E Market St
Nikki's Gourmet Meals LLC
121 Monument Cir
Sexton Park
Baumann Park
Playground
Ringgold Park
Kelly Park
1718 Housebar
1718 S East St
Indy's Burger Joint
1718 S East St
Taste of the Caribbean
Indy All Night
1324 S East St
Burger King
410 E Morris St
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