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OFFER:

1 Month Free Rent + $200.00 off per month + $250 off move-in cost. Savings start at $3.5K! Plus for June only, waive your application fee! Use code WAIVEAPP. Limited Time Promotion, contact the leasing office for full details and availability.

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Highlights

  • Rent Special
  • Pet Friendly
  • 24-hour fitness center
  • Fully equipped kitchens
  • Open layout
  • Resort-style swimming pool
  • Private patios or balconies
  • Modern kitchen

Location

7601 Carlton Arms Dr, Indianapolis, IN 46256, USA|I69-Fall Creek
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Tour Lake Castleton Apartments

Contact

Management

Friedman Communities

Our team has verified this company

Leasing office

(463) 213-9312

Open 

10:00 am–6:00 pm ET

Property Overview

Lake Castleton Apartments is a highly rated property with a strong balance of value, quality, and convenience, supported by a 9.6 overall score and top marks for amenities, location, and quality. It offers features like a 24-hour fitness center, resort-style swimming pool, fully equipped modern kitchens, open layouts, and private patios or balconies, along with 24 photos that help renters get a clear look at the property. Its appeal is further reflected in its pet-friendly setting and fitness and wellness conveniences.

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

9.6
Excellent
Earning an outstanding 9.6 out of 10 overall rating, Lake Castleton Apartments is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Amenities and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.

Things you’ll love

  • Dishwasher
  • Images Available
  • Package service

Great for

  • Pet owners
  • Wellness

Floor plans

JacksonStudio1 bath431 sqft$947 /mo3 units availableModern studio apartment with open layout, private balcony or patio, and full kitchen — perfect for easy living near Castleton Square Mall.
CapitalStudio1 bath483 sqft$971–$1,065 /mo3 units availableSpacious studio with separate dining area, full kitchen, and private patio or balcony at Lake Castleton Apartments.
Colonial1 bed1 bath458+ sqft$967–$1,226 /mo3 units availableCozy one-bedroom apartment with full kitchen and open living space at Lake Castleton Apartments.
Congressional1 bed1 bath469+ sqft$1,122–$1,131 /mo3 units availableOne-bedroom, one-bath apartment with open living area and large closets.
Declaration1 bed1 bath680 sqft$1,131–$1,273 /mo3 units availableOne-bedroom, one-bath apartment with open living area and in-home washer and dryer.
Gettysburg1 bed1 bath755 sqft$1,203 /mo3 units availableOne-bedroom, one-bath apartment with large living space and generous storage space.
Patriot1 bed1 bath608+ sqft$1,227–$1,274 /mo3 units availableSpacious one-bedroom, one-bath apartment with large living area and dining area.
Constitution1 bed1 bath618 sqft$1,250 /mo3 units availableOne-bedroom, one-bath apartment with open layout, full kitchen, and washer and dryer.
Hancock2 bed1 bath808+ sqft$1,194–$1,279 /mo3 units availableTwo-bedroom, one-bath apartment with modern kitchen and in-home washer and dryer.
Liberty2 bed2 bath1,045 sqft$1,246 /mo3 units availableOpen two-bedroom apartment with dining area, full kitchen, and two full bathrooms.
Madison2 bed1.5 bath1,170 sqft$1,250–$1,463 /mo3 units availableLarge two-bedroom apartment with dining area, modern kitchen, and one and half baths.
Independence2 bed1 bath1,021 sqft$1,258–$1,475 /mo3 units availableTwo-bedroom, one-bath apartment with large open layout and generous closet space.
Harrison2 bed1 bath821+ sqft$1,322–$1,356 /mo3 units availableTwo-bedroom apartment with open living area, kitchen, and washer and dryer.
Jefferson2 bed2.5 bath1,234+ sqft$1,404–$1,542 /mo3 units availableTwo-bedroom apartment with large living space, full kitchen, and two and half baths.
Carlton2 bed1.5 bath1,106 sqft$1,404–$1,443 /mo3 units availableTwo-bedroom, one-and-a-half bath apartment with open living space with two levels.
Lincoln2 bed1 bath953 sqft$1,429 /mo3 units availableLarge two-bedroom, one-bath apartment with open layout and separate den area.

Let's explore this property.

Amenities for Lake Castleton Apartments

Apartment Amenities

Air ConditioningCeiling Fan
Central Air ConditionerFully Equipped Kitchen with Dishwasher
Private Balconies & PatiosSpacious Closet

Appliances

DishwasherGarbage Disposal
In-Unit LaundryWasher Dryer Connections

Building

Business CenterCats OK
ClubhouseDogs OK
Fitness CenterOnsite Laundry
Renovated Laundry FacilitiesResidents Lounge

Grounds

Basketball CourtsCarports
Fenced YardOutdoor Space
PlaygroundSwimming Pool
Volleyball Courts

Services

Availability 24 HoursCourtesy Patrol
House SittingMeal Service
On-Site ManagementOnsite Professional Management
Package Service

Neighborhood

Fishing PierTransportation
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

2nd Cat

Second Cat Fee

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

$300

Second Cat Rent

Monthly. Refund Policy: Non-refundable.

$30

2nd Dog

Second Dog Fee

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

$300

Second Dog Rent

Monthly. Refund Policy: Non-refundable.

$30

Questions about this property’s policies and fees?

Building details

Property details

Units1261
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About Lake Castleton Apartments

HomeApartments in IndianapolisI69-Fall Creek Lake Castleton Apartments

Discover the perfect blend of comfort and convenience at Lake Castleton Apartments in Indianapolis, Indiana. Nestled within a scenic lakeside setting, our spacious studio, one, and two bedroom apartments feature open layouts, private patios or balconies, fully equipped kitchens, and serene pond or courtyard views. Residents enjoy a complete lifestyle experience with a resort-style swimming pool, 24-hour fitness center, lighted tennis and basketball courts, dog parks, and beautiful walking paths throughout the community. With professional on-site management and 24-hour emergency maintenance, you’ll find peace of mind and a place to truly call home. Located just minutes from Castleton Square Mall, I-465, and downtown Indianapolis, Lake Castleton offers unmatched access to dining, shopping, and entertainment. Schedule your tour today and see why our residents love coming home to Lake Castleton Apartments.


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.
9.6
/10
Excellent
Earning an outstanding 9.6 out of 10 overall rating, Lake Castleton Apartments is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Amenities and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.
How we rated Lake Castleton 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.
Lake Castleton 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.
Lake Castleton 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·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Lake Castleton Apartments offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A 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.
Lake Castleton Apartments has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at Lake Castleton Apartments.
Trustworthiness·9A 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.
Lake Castleton Apartments has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

Reviews from the web

Showing 8 highest rated

Karla Castro and Alicia Smith are the best. Extremely helpful, cheerful, professional, the whole 9 yards. Perfect service. Karla was super helpful to me and such a valuable part of me being able to get what I needed. I am incredibly grateful to have met her and receive the opportunity to be assisted by her. I’m blown away. Karla also went out of her way to help me outside of business hours. I never want to deal with anyone else! Again thank you and very very grateful and satisfied. I’ve been a resident here for a year now and actually have had all of the things I reported fixed in a timely manner. Had my AC fixed at 3am while I fell asleep on the couch. When I woke up, I had AC. Love this place.

Devon Rooney

Devon Rooney

Feb 21, 2025

Alicia made my experience amazing. She goes above and beyond to make you feel appreciated and heard. She answers any and all questions. She’s always readily available to help. I can tell she’s passionate about her job, and helping people find their dream apartment. Highly recommended. I love my apartment! Please ask for Alicia she’s the best!

Nigel Evans

Nigel Evans

Mar 05, 2025

We’re sharing just 8 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

Lake Castleton Apartments is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 2 pet hospitals in the area
  • 1 pet supply store near the property

Wellness

  • On-site fitness center or gym
  • On-site pool or spa
  • 16 health/wellness centers nearby
  • HVAC systems available onsite

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 Lake Castleton Apartments compares to other nearby properties.

Positives

Dishwasher
Dishwasher available in kitchen
Images Available
There are at least 10 photos of this address
Package service
More secure storage for delivery

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Rent trends in I69-Fall Creek

Studio apartments at Lake Castleton Apartments cost about 1% less than the average rent price for studios in I69-Fall Creek.

1-bedroom apartments here are priced 6% higher than 1-bedrooms in I69-Fall Creek.

If you decide to upgrade your space, you can expect 2-bedrooms at Lake Castleton Apartments to be 6% less than the average for similarly sized apartments in I69-Fall Creek.

Median rents as of Jun 13 2026.
I69-Fall Creek
Indianapolis
A table of studio rental data trends in Indianapolis
MonthMedian Rent
June 2024$1,177
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$1,048
December 2025$1,029
January 2026$1,039
February 2026$1,034
March 2026$1,004
April 2026$955
May 2026$951
June 2026$921
A table of studio rental data trends in I69-Fall Creek
MonthMedian Rent
October 2024$788
January 2025$1,011

Affordability calculator

Can I afford to live at 7601 Carlton Arms Dr?

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

$38,360/yr

With your selected rent-to-income ratio, you'd ideally want to make $38,360 annually to afford this studio median monthly rent price of $959.
For more information on rent affordability, visit our rent calculator.

Schools near Lake Castleton Apartments

Clearwater Elementary School

3575 e 79th st

indianapolis, IN, 46240

K-5Public
A-

Early Learning Centers

6501 sunnysdie rd

indianapolis, IN, 46236

PK, KPublic
B+

Family Development Services, CAFE Head Start

8902 east 38th st

indianapolis, IN, 46226

PKPublic

Indiana School for the Blind and Visually Impaired

7725 n college ave

indianapolis, IN, 46240

PK, K-12Public
C-

Indiana School for the Deaf

1200 e 42nd st

indianapolis, IN, 46205

PK, K-12Public
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Internet available near Lake Castleton Apartments

Getting around Indianapolis near 7601 Carlton Arms Dr

Walking

6/10
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 7601 Carlton Arms Dr, Indianapolis

Groceries

2/10
At least one supermarket within a 30-minute walk

Shopping

6/10
Several shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

6/10
At least one elementary school within a 20-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

4/10
Some bars within walking distance

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