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Updated 5+ Days Ago

Highlights

  • Pet Friendly

Location

126 East Vermont Street, Indianapolis, Indiana 46204, United States|Downtown Indianapolis
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Property Overview

Indy Colonial Apartments presents a strong overall rating of 7.9, reflecting its competitive pricing and impressive amenities, with standout location convenience scoring 9 out of 10. This property excels in value for money within the top 75 percentile while offering vibrant social life opportunities, given the proximity to numerous cultural sites and dining options. With transparency in management and a verified quality score, it stands out as an exceptional choice for prospective renters.

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

Things you’ll love

  • Eco-friendly trash disposal

Great for

  • Social life

Floor plans

0BR/1.0BAStudio1 bath482 sqft
1BR/1.0BA1 bed1 bath520 sqftRight across from Mass Ave
2BR/1.0BA2 bed1 bath960 sqft

Available rentals nearby

featured image of 3132 Dr Andrew J Brown Ave

The Domino

Our team has verified this company

Martindale - Brightwood • 3132 Dr Andrew J Brown Ave

Studio–2 Beds

$1,108–$2,229

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

Studio–2 Beds

$1,334–$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 460 N White River Pkwy West Dr

Riverview

Our team has verified this company

Near Westside • 460 N White River Pkwy West Dr

Studio–2 Beds

$1,139–$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 530 E Ohio St

Maxwell Apartments

Our team has verified this company

Downtown Indianapolis • 530 E Ohio St

1–2 Beds

$1,422–$1,870

Total Monthly Price. The price shown reflects a 14-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 3215 N Alton Ave

The Fields Apartment Homes

Our team has verified this company

Eagledale • 3215 N Alton Ave

1 Bed

$994

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 3417 N Rybolt Ave

The Cedars Apartment Homes

Our team has verified this company

Eagledale • 3417 N Rybolt Ave

Studio–2 Beds

$909–$1,217

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 3132 Dr Andrew J Brown Ave

The Domino

Our team has verified this company

Martindale - Brightwood • 3132 Dr Andrew J Brown Ave

Studio–2 Beds

$1,108–$2,229

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

Studio–2 Beds

$1,334–$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 460 N White River Pkwy West Dr

Riverview

Our team has verified this company

Near Westside • 460 N White River Pkwy West Dr

Studio–2 Beds

$1,139–$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 530 E Ohio St

Maxwell Apartments

Our team has verified this company

Downtown Indianapolis • 530 E Ohio St

1–2 Beds

$1,422–$1,870

Total Monthly Price. The price shown reflects a 14-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 3215 N Alton Ave

The Fields Apartment Homes

Our team has verified this company

Eagledale • 3215 N Alton Ave

1 Bed

$994

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 3417 N Rybolt Ave

The Cedars Apartment Homes

Our team has verified this company

Eagledale • 3417 N Rybolt Ave

Studio–2 Beds

$909–$1,217

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.

Rent trends in Downtown Indianapolis

Median rents as of Oct 24 2026.
Downtown Indianapolis
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
A table of studio rental data trends in Downtown Indianapolis
MonthMedian Rent
November 2024$1,337
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$1,425
December 2025$1,424
January 2026$1,502
February 2026$1,519
March 2026$1,507
April 2026$1,467
May 2026$1,507
June 2026$1,537
July 2026$1,489
August 2026$1,474
September 2026$1,466
October 2026$1,437

Schools near Indy Colonial Apartments

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+

Impact Academy

320 n tibbs ave

indianapolis, IN, 46222

K-12Public
D

Impact Academy 2

320 n tibbs ave

indianapolis, IN, 46222

K-12Public

Impact Academy 3

320 n tibbs ave

indianapolis, IN, 46222

K-12Public
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Getting around Indianapolis near 126 East Vermont Street

Walking

8/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

5/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 126 East Vermont Street, Indianapolis

Groceries

9/10
Exceptional variety of groceries within a few minutes' walk

Shopping

8/10
Wide variety of shops within a few minutes' walk

Cafes

10/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

9/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

8/10
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

7/10
Large amount of park space nearby

Nightlife

10/10
Exceptional variety of bars right within a few minutes’ walk

Explore the area around 126 East Vermont Street

Needler's Fresh Market
320 N New Jersey St
Market Square Tap Room
320 E Market St
Whole Foods Market
320 E Market St
Kroger
227 W Michigan St
Kroger
524 E 16th St

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