5+ Days Ago
Location
133 W Market St, Indianapolis, IN 46204, USA|Downtown Indianapolis
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Property Overview
Shoemaker Flats presents an impressive overall package, highlighted by a strong Zumper Expert Rating of 8.5 out of 10, reflecting its appeal as a prime rental option. With competitive pricing and exceptional amenities, it showcases a perfect blend of value and quality, supported by its prime location near numerous recreational and cultural offerings. Residents can enjoy a vibrant social scene, enhanced by a wealth of parks, restaurants, and event hubs nearby.
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.
Things you’ll love
More space- Less expensive
Great for
Social life
Floor plans
| 2 bedroom 2 bath | 2 bed | 2 bath | 1,810 sqft | $1,800 /mo | 1 unit available |
Let's explore this property.
Amenities for Shoemaker Flats
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Range |
| Refrigerator | Stackable Washer and Dryer |
| Stove |
Building
| Water/Sewer |
Services
| Trash Removal |
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
Building details
Property details
| Units | 8 |
|---|
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About Shoemaker Flats
Shoemaker Flats cost $1,800 per month. Located at 133 W Market St, Indianapolis, IN 46204, USA, Shoemaker Flats has 2 bedroom units available. Based on the average rent price of 2 bedrooms in Indianapolis, renting an apartment at Shoemaker Flats is 41% more expensive per month.Other apartment buildings in or around Indianapolis include but are not limited to: 6810 Valley Ridge Dr, 460 N White River Pkwy West Dr, 530 E Ohio St, 888 E 66th St
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.
8.5
/10
Very GoodWith a solid 8.5 out of 10 overall, Shoemaker Flats is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Shoemaker Flats has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
Price·8A 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.
Scoring a 8/10, Shoemaker Flats is a great option for renters looking for apartments in Downtown Indianapolis. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·9A 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.
Shoemaker Flats goes above and beyond to provide sought-after conveniences and desirable perks, including trash removal. Renters looking for popular or luxurious features will find them here—and for that reason, Shoemaker Flats receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Shoemaker Flats 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·9A 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.
Shoemaker Flats has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.
Shoemaker Flats 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.
Shoemaker Flats is great 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 Shoemaker Flats compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 565 sqft larger than other listings nearby
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
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Rent trends in Downtown Indianapolis
2-bedroom apartments at Shoemaker Flats cost about 20% less than the average rent price for 2-bedroom apartments in Downtown Indianapolis.
Median rents as of Nov 1 2025.
Downtown Indianapolis
Indianapolis
| Month | Median Rent |
|---|---|
| November 2023 | $941 |
| 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 | $1,065 |
| October 2025 | $1,063 |
| November 2025 | $1,049 |
| Month | Median Rent |
|---|---|
| November 2023 | $1,250 |
| 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 | $1,413 |
| October 2025 | $1,414 |
| November 2025 | $1,410 |
Affordability calculator
Can I afford to live at 133 W Market 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
$72,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $72,000 annually to afford this 2-bedrooms monthly rent price of $1,800.
For more information on rent affordability, visit our rent calculator.
Schools near Shoemaker Flats
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
Ips - Butler Lab at William Bell 60
3330 n pennsylvania
indianapolis, IN, 46205
PK, K-8Public
C+
Francis Bellamy Pre-School Center
9501 e 36th st
indianapolis, IN, 46236
PKPublic
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Internet available near Shoemaker Flats
Getting around Indianapolis near 133 W Market St
Walking
8/10
No car? No problem. Everything you need is within a few blocks.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
8/10
Popular public transit options are just a short walk from this location.
Points of interest for 133 W Market St, Indianapolis
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
7/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
8/10
Variety of restaurants within a few minutes' walk
Primary schools
4/10
No elementary schools within a 30-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
8/10
Variety of bars within walking distance
Explore the area around 133 W Market St
Kroger
227 W Michigan St
Market Square Tap Room
320 E Market St
Whole Foods Market
320 E Market St
Needler's Fresh Market
320 N New Jersey St
Guanajuato1 Carniceria
1269 Oliver Ave
Burlington
110 W Washington St
T.J. Maxx
50 N Illinois St
Iwonfhab Couture LLC
101 W Ohio St
Cento Shoes
33 S Meridian St
J Benzal
22 E Washington St
Starbucks
225 W Washington St
Starbucks
1 S Capitol Ave
Chocolate Cafe
30 Monument Cir
Starbucks
30 S Meridian St
Alumine Coffee
11 S Meridian St
The Capital Grille
40 W Washington St
RAM Restaurant & Brewery
140 N Illinois St
Level One
1 S Capitol Ave
The Lounge
50 W Washington St
The Lounge at Conrad Indianapolis
50 W Washington St
Gallery Pastry Bar
110 S Pennsylvania St
Rise'n Roll Bakery-Downtown Indy
107 E New York St
Just Cookies
222 E Market St
Bakesmart
125 W South St
The Flying Cupcake
423 Massachusetts Ave
Monument Circle
University Park
Indiana War Memorial
Military Park
White River State Park
Jack's Donuts
135 W Market St
Thai Paradise
137 W Market St
E'terie Bar & Grill
110 W Washington St
Panera Bread
110 W Washington St
Tony's Steaks & Seafood
110 W Washington St
Statehouse Station NB
Red Line
Statehouse Station SB
Red Line
Washington St / Illinois St
Washington, Mars Hill
Ohio St / Capitol Ave
West 34th St, 10th Street, Park 100, Harding, Michigan Street, Ml King / Michigan Rd
Ohio St / Capitol Ave
Michigan Street, Ml King / Michigan Rd, West 34th St, 10th Street, Park 100, Harding
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