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 earns a strong Zumper Expert Rating of 8.8/10, with top marks for price and amenities, plus a highly rated location and solid trustworthiness. It also stands out for being competitively priced and offering convenient access to key points of interest, while nearby grocery options and a top-rated elementary school add to its appeal.
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- Central heat
- Dishwasher
Floor plans
| 2/2 | 2 bed | 2 bath | $1,525 /mo |
Let's explore this property.
Amenities for 329-331 E Minnesota St
Apartment Amenities
| Air Conditioning | Ceiling Fan |
| Central Heat | Dryer |
| Heating |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Refrigerator |
Grounds
| Garage Parking |
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
Per-applicant.
Contact Property
REQUIRED FEES
Admin Fee
One-time.
$50
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Garage Parking
Questions about this property’s policies and fees?
Building details
Property details
| Units | 2 |
|---|
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.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, 329-331 E Minnesota St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 329-331 E Minnesota St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A 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.
329-331 E Minnesota St offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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.
329-331 E Minnesota St 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—in-unit laundry—making this one of the top choices for renters seeking unparalleled comfort and convenience.
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 miles away
- Central heat
- Climate controlled environment
- Dishwasher
- Dishwasher available in kitchen
Considerations
- Distance from transit
- More than 1.6 miles from public transportation
- Lacks images
- Fewer than 5 photos available for this property
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Rent trends in Near Southside
2-bedroom apartments at 329-331 E Minnesota St cost about 15% more than the average rent price for 2-bedroom apartments in Near Southside.
Median rents as of Nov 7 2026.
Near Southside
Indianapolis
| Month | Median Rent |
|---|---|
| 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 | $888 |
| September 2026 | $930 |
| October 2026 | $963 |
| November 2026 | $997 |
| 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
$61,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $61,000 annually to afford this 2-bedrooms monthly rent price of $1,525.
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
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
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
6/10
Variety of shops within a short drive
Cafes
7/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a short drive, including some 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
Large amount of park space nearby
Nightlife
9/10
Wide variety of bars within a few minutes' walk
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