Zumper
modified
Updated 13 Hours Ago

Highlights

  • Pet Friendly
  • Luxury

Location

318 S Elkhart Avenue, Elkhart, IN 46516, USA
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Contact

Leasing office

(574) 406-1960

Property Overview

Stonewater at the Riverwalk stands out with a 9.6/10 expert rating, strong scores for price, amenities, location, quality, and trustworthiness, along with competitively strong value per square foot. It offers granite kitchen countertops and cultured marble vanity tops, plus 37 photos, nearby schools, and a setting well suited to fitness, pet-friendly living, and social activities with on-site recreation and nearby parks, cultural venues, and event 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

9.6
Excellent
Earning an outstanding 9.6 out of 10 overall rating, Stonewater at the Riverwalk 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

  • More space
  • High school nearby
  • Middle school nearby

Great for

  • Social life
  • Wellness
  • Pet owners

Floor plans

Studio 1Studio1 bath564 sqft$840 /mo
Studio 2Studio1 bath613 sqft$1,005 /mo
A21 bed1 bath742 sqft$1,120 /mo
A11 bed1 bath749 sqft$1,120 /mo
B22 bed2 bath1,049 sqft$1,625 /mo
Townhome 22 bed2 bath2,116 sqft$2,035 /mo
Townhome 13 bed2 bath2,116 sqft$2,235 /mo

Let's explore this property.

Amenities for Stonewater at the Riverwalk

Apartment Amenities

Air ConditioningBalcony
Central HeatHardwood Floor

Appliances

DishwasherIn-Unit Laundry

Building

Business CenterCats OK
Controlled AccessDogs OK
ElevatorFitness Center
Residents LoungeRoof Deck

Grounds

Garage ParkingOutdoor Space
StorageSwimming Pool

Services

Dry Cleaning ServiceOn-Site Management
Package Service
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

Parking Policy

Garage Parking

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About Stonewater at the Riverwalk

HomeApartments in Elkhart Stonewater at the Riverwalk

Let us prove we have the best location in Elkhart, IN. With your grocery needs within walking distance restaraunts down the street, and even he new state of the art Beacon Aquatic Center, Stonewater at the Riverwalk as the best location in Elkhart. After stopping by Martins to pick up your grocery needs, walk down to the Elkhart Riverwalk for a nice lunch and finish the day off at the 5 Star Dive Bar. If you prefer someone else to make your food, wander in to Lechyd Brewing Company, Vanilla Bean Creamery, or the 523 Tap and Grill. Don’t worry if you stay out to late, you can always grab coffee at the Electric Brew. Last but not least, check out The Gateway Mile to fine tune your shopping before heading to The Learner Theater for some entertainment. We look forward to meeting you in person and showing you your new home. Stop in today for your own private tour! Apartment Amenities: Granite Kitchen Countertops Cultured Marble Vanity Tops w/ Integral Sinks Tile Backsplashes in Kitchen Stainless Steel Appliances Washer & Dryer Included Undermount Faucets and Sinks LED Lighting in Entries, Kitchen, Bathrooms and Closets Services: Amenity Courtyard featuring Fire Pits, Bar, Lounge Areas, Grilling Station and Saltwater Pool w/ Large Wet Deck Coffee Lounge Conference Room Fireplace Lounge Pet Spa Community Demonstration Kitchen Bike Repair & Storage Gaming & Maker's Space 24-Hour Fitness Center w/ Fitness Dry Cleaning Guest Suites Available


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, Stonewater at the Riverwalk 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 Stonewater at the Riverwalk
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.
Stonewater at the Riverwalk 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.
Stonewater at the Riverwalk 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.
Stonewater at the Riverwalk 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.
Stonewater at the Riverwalk 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 Stonewater at the Riverwalk.
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.
Stonewater at the Riverwalk 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

I would say overall this is a really excellent community. There are things you won’t like about every place you live, but after being here for two years and seeing the hard work that the staff put in to keep this place running, I am really impressed. I had some concerns while living there and the staff always handled it. Always! They gave me multiple garden beds. They were always kind and pleasant towards my Children who weren’t always the quietest. And it’s an incredibly beautiful apartment complex! Please count your blessings here and don’t nitpick and tear it apart. Did I mention their incredibly excellent gym!?!? Wow! It’s not the staffs fault that people shove garbage in a full garbage can. Or don’t clean up after their pets. I know once a concern is brought to them Carrie does everything they can to fix it in a timely manner. I recommend this place for those reasons, and because the community is wonderful and beautiful. Also- the pool!!! I’m so thankful for the time we spent here. I made life long friends. Enjoy! -Missy S

M S

M S

Dec 04, 2023

Fiancé and I came in and Sara was the nicest lady ever and gave us a super informative tour of the place. So far we absolutely love the environment and everything they have to offer us! Highly recommend going in and getting a tour from Sara if you are interested! We loved it!

Ariana A

Ariana A

Feb 13, 2024

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

Stonewater at the Riverwalk is great for:

Social life

  • This community has public spaces on site, like fitness centers or pools
  • Community gathering spaces on-site (lounges, rooftops, etc.)
  • 22 museums, art galleries, or cultural centers within 1 mile
  • 8 local event hubs within 1 mile

Wellness

  • On-site fitness center or gym
  • HVAC systems available onsite
  • On-site pool or spa
  • 20 parks nearby

Pet owners

  • Outdoor spaces are available at this property
  • 1 dog park within 1 mile
  • 2 pet supply stores near the property

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 Stonewater at the Riverwalk compares to other nearby properties.

Positives

More space
The 2-bedroom is 642 sqft larger than other listings nearby
More space
The 3-bedroom is 918 sqft larger than other listings nearby
High school nearby
There is a high school 1 mile away
Middle school nearby
There is a middle school 1 mile away
Dishwasher
Dishwasher available in kitchen
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
Pet friendly
This property allows pets

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Rent trends in Elkhart

Studio apartments at Stonewater at the Riverwalk cost about 63% less than the average rent price for studios in Elkhart.

1-bedroom apartments here are priced 29% higher than 1-bedrooms in Elkhart.

If you decide to upgrade your space, you can expect 2-bedrooms at Stonewater at the Riverwalk to be 71% more than the average for similarly sized apartments in Elkhart.

3-bedroom apartments at Stonewater at the Riverwalk cost about 72% more than the average rent price for 3-bedroom apartments in Elkhart.

Median rents as of Sep 19 2026.
Elkhart
A table of studio rental data trends in Elkhart
MonthMedian Rent
May 2025$927
June 2025$930
December 2025$575
June 2026$730
July 2026$2,383
August 2026$2,496
September 2026$2,499

Affordability calculator

Can I afford to live at 318 S Elkhart Avenue?

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

$36,900/yr

With your selected rent-to-income ratio, you'd ideally want to make $36,900 annually to afford this studio median monthly rent price of $922.
For more information on rent affordability, visit our rent calculator.

Schools near Stonewater at the Riverwalk

Elkhart Academy

1013 tipton st

elkhart, IN, 46516

K-12Public

Mary Beck Elementary School

818 mcdonald st

elkhart, IN, 46516

PK, K-6Public
C-

South Bend Virtual School

740 north eddy st

south bend, IN, 46617

K-12Public

Brookside Learning Center

61662 dailey rd

cassopolis, MI, 49031

PK, K-12Public
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Internet available near Stonewater at the Riverwalk

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Elkhart near 318 S Elkhart Avenue

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

7/10
This area is close to freeways and has adequate parking options.

Points of interest for 318 S Elkhart Avenue, Elkhart

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

5/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

5/10
At least one elementary school within a 30-minute walk

High schools

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

Nightlife

3/10
Few or no bars within walking distance

Explore the area around 318 S Elkhart Avenue

Martin's Super Market
575 E Jackson Blvd
Beardsley Food Market Inc
628 W Beardsley Ave
Los Chamos Supermarket
909 Goshen Ave
Paraiso
111 E Lusher Ave
Kroger
130 W Hively Ave

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