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OFFER:

We're offering 1 month free on select apartments for a limited time! Contact our leasing team for more details and to book your personal tour. Tour today to discover why residents love our pet-friendly community! Top 25 in Online Reputation for 2 Years in a Row! Nolan Living has been recognized by J Turner Research as one of the Top 25 Management Companies for Online Reputation in Division IV—two years in a row!

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Updated 6 Hours Ago

Highlights

  • Rent Special
  • Pet Friendly

Location

747 N College Ave, Indianapolis, IN 46202, USA|Downtown Indianapolis
Hi! Let’s figure out if this property is right for you.

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Tour 747 Apartments

Contact

Management

Nolan Living

Leasing office

(855) 681-2651

Open 

Monday 9:00 am–6:00 pm ET

Property Overview

747 Apartments earns a strong overall impression with an 8.1 Zumper expert rating, combining excellent value, solid amenities, and a highly convenient location. It stands out for its detailed listing, numerous photos, strong value per square foot, and nearby transit, dining, walkable areas, and mixed-use spaces, while also being appealing for pet-friendly living and access to outdoor spaces.

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.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, 747 Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 747 Apartments has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • Middle school nearby
  • Elevator

Great for

  • Wellness
  • Pet owners
  • Social life

Floor plans

S1Studio1 bath687 sqft$1,696 /mo1 unit available
A11 bed1 bath687 sqft$1,606–$2,716 /mo2 units available
A21 bed1 bath756 sqft$1,673–$3,009 /mo2 units available
A31 bed1 bath826 sqft$1,792 /mo1 unit available
A41 bed1 bath932 sqft$1,983 /mo1 unit available
B12 bed2 bath1,112 sqft$2,028 /mo1 unit available
B22 bed2 bath1,342 sqft$2,473 /mo1 unit available
C13 bed2.5 bath1,603 sqft$2,758 /mo1 unit available
C23 bed3 bath1,689 sqft$2,833–$4,748 /mo2 units available

Let's explore this property.

Amenities for 747 Apartments

Apartment Amenities

BalconyCeiling Fan
Quartz Countertops

Appliances

In-Unit LaundrySmoothtop Stove
Stainless Steel AppliancesWasher and Dryer

Tech

USB Charging Outlets

Building

Cats OKDogs OK
ElevatorFitness Center
Rooftop Patio

Services

24 Hour Emergency MaintenancePackage Service

Other

First Floor RetailPreferred Employer Program
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

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

OPTIONAL FEES

Dog Policy

Allowed
Limit2

Cat Policy

Allowed
Limit2

Cat

Cat Fee

One-time. 2 cats max. Refund Policy: Non-refundable.

$400

Cat Rent

Monthly. Refund Policy: Non-refundable.

$30

Dog

Dog Fee

One-time. 2 dogs max. Refund Policy: Non-refundable.

$400

Dog Rent

Monthly. Refund Policy: Non-refundable.

$30

Questions about this property’s policies and fees?

Building details

Property details

Units36
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About 747 Apartments

HomeApartments in IndianapolisDowntown Indianapolis 747 Apartments

Prime amenities. Prime ZIP-code. Prime living. This is 747 Apartments in a nutshell. Located in Downtown Indianapolis, our apartments are the key to the urban lifestyle you’re after. Choose a floor plan from our offer, move in effortlessly, and start a promising chapter in the heart of Indy. Between our exceptional staff and the all-connected address, our 4.6-star Google rating is well deserved. Here, you get access to the bustling Cultural Trail, as well as education hubs like IU Indianapolis and employers such as Eli Lilly and Company. It goes without saying that the leisure is just as good, with Lucas Oil Stadium and Victory Field within 2 miles. And that is just the tip of the iceberg. The world is your oyster as a resident of 747 Apartments. Join us and get to taste it!


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 Good
With a solid 8.5 out of 10 overall, 747 Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 747 Apartments has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated 747 Apartments
Price·9A 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.
747 Apartments stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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.
747 Apartments 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—pets allowed—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.
747 Apartments 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 747 Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

747 Apartments is great for:

Wellness

  • On-site fitness center or gym
  • 59 gyms or yoga centers nearby
  • On-site fitness or wellness programs
  • 5 farmers markets or health food stores nearby

Pet owners

  • Outdoor spaces are available at this property
  • 1 dog park within 1 mile
  • 11 pet supply stores near the property
  • 5 pet hospitals in the area

Social life

  • Areas nearby are accessible by walking
  • 283 restaurants within 1 mile of this property
  • The area has transit options
  • This community has public spaces on site, like fitness centers or pools

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 747 Apartments compares to other nearby properties.

Positives

More space
The 2-bedroom is 168 sqft larger than other listings nearby
More space
Studio is 331 sqft larger than other listings nearby
Middle school nearby
There is a middle school 1 mile away
More space
The 1-bedroom is 132 sqft larger than other listings nearby
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors
Package service
More secure storage for delivery

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away

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Rent trends in Downtown Indianapolis

Studio apartments at 747 Apartments cost about 14% more than the average rent price for studios in Downtown Indianapolis.

1-bedroom apartments here are priced 17% higher than 1-bedrooms in Downtown Indianapolis.

If you decide to upgrade your space, you can expect 2-bedrooms at 747 Apartments to be 2% less than the average for similarly sized apartments in Downtown Indianapolis.

3-bedroom apartments at 747 Apartments cost about 3% less than the average rent price for 3-bedroom apartments in Downtown Indianapolis.

Median rents as of Sep 12 2026.
Downtown Indianapolis
Indianapolis
A table of studio rental data trends in Indianapolis
MonthMedian Rent
September 2024$1,103
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$888
September 2026$936
A table of studio rental data trends in Downtown Indianapolis
MonthMedian Rent
September 2024$1,343
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$1,425
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$1,490

Affordability calculator

Can I afford to live at 747 N College Ave?

Bedrooms

Rent-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

$64,680/yr

With your selected rent-to-income ratio, you'd ideally want to make $64,680 annually to afford this studio monthly rent price of $1,617.
For more information on rent affordability, visit our rent calculator.

Schools near 747 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+

Family Development Services, Inc. Service Center II Head Start

3637 n meridian st

indianapolis, IN, 46208

PKPublic

Impact Academy

320 n tibbs ave

indianapolis, IN, 46222

K-12Public
D

Impact Academy 3

320 n tibbs ave

indianapolis, IN, 46222

K-12Public
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Internet available near 747 Apartments

Getting around Indianapolis near 747 N College Ave

Walking

8/10
No car? No problem. Everything you need is within a few blocks.

Driving

6/10
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

4/10
Frequent public transit options are within walking distance.

Points of interest for 747 N College Ave, Indianapolis

Groceries

9/10
At least one supermarket within a 5-minute walk

Shopping

6/10
Several shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

8/10
Variety of restaurants within a few minutes' walk

Primary schools

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

High schools

7/10
At least one high school within a 15-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

7/10
Several bars within a few minutes’ walk

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