2 Days Ago
Highlights
Pet Friendly
Location
516 Main St, Lafayette, IN 47901, USA|Downtown Lafayette
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Property Overview
The Sharp Building - RESIDENTIAL is highly rated by Zumper and offers several advantages, including exceptional fitness and wellness amenities with onsite HVAC systems. With a vibrant social life supported by numerous restaurants, grocery stores, and mixed-use spaces nearby, it also cares for pet owners with multiple grooming services and parks. Additionally, the property promotes environmental sustainability through accessible public transit and recycling options, making it a well-rounded choice for diverse lifestyles.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space
Floor plans
| 0BR/1.0BA | Studio | 1 bath | 704 sqft | $975 /mo | 1 unit available | This studio apartment is FULL of character. Located in the heart of downtown, just steps from local restaurants, bars, retailers, and more. The apartment features unique elements like stained glass windows & original hardwood flooring along with modern amenities like central heating & air and secured building access. If you've been waiting for the perfect downtown apartment in a coveted price range, schedule your showing today! Up to 2 non-aggressive breed pets allowed. Sorry, no smoking allowed inside the residence. For more information, to schedule a showing, or to apply, visit shookpropertymanagement. com or call 765.420.8200. |
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Amenities for Sharp Building - RESIDENTIAL
Building
| Cats OK | Dogs OK |
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
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 4 |
|---|
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About Sharp Building - RESIDENTIAL
This studio apartment is FULL of character. Located in the heart of downtown, just steps from local restaurants, bars, retailers, and more. The apartment features unique elements like stained glass windows & original hardwood flooring along with modern amenities like central heating & air and secured building access. If you've been waiting for the perfect downtown apartment in a coveted price range, schedule your showing today! Up to 2 non-aggressive breed pets allowed. Sorry, no smoking allowed inside the residence. For more information, to schedule a showing, or to apply, visit shookpropertymanagement. com or call 765.420.8200.
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.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, Sharp Building - RESIDENTIAL is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Sharp Building - RESIDENTIAL has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
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.
Sharp Building - RESIDENTIAL 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·8A 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.
With multiple in-demand amenities, Sharp Building - RESIDENTIAL is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Sharp Building - RESIDENTIAL 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 Sharp Building - RESIDENTIAL does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
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.
Sharp Building - RESIDENTIAL 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.
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 Sharp Building - RESIDENTIAL compares to other nearby properties.
Positives
- More space
- Studio is 204 sqft larger than other listings nearby
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
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Rent trends in Downtown Lafayette
studio apartments at Sharp Building - RESIDENTIAL cost about 5% less than the average rent price for studio apartments in Downtown Lafayette.
Median rents as of Feb 28 2026.
Downtown Lafayette
Lafayette
| Month | Median Rent |
|---|---|
| March 2024 | $814 |
| April 2024 | $838 |
| May 2024 | $850 |
| June 2024 | $779 |
| July 2024 | $812 |
| August 2024 | $839 |
| September 2024 | $830 |
| October 2024 | $794 |
| November 2024 | $885 |
| December 2024 | $955 |
| January 2025 | $999 |
| February 2025 | $993 |
| March 2025 | $974 |
| April 2025 | $875 |
| May 2025 | $851 |
| June 2025 | $893 |
| July 2025 | $894 |
| August 2025 | $839 |
| September 2025 | $770 |
| October 2025 | $773 |
| November 2025 | $811 |
| December 2025 | $900 |
| January 2026 | $903 |
| February 2026 | $899 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,049 |
| April 2024 | $1,049 |
| November 2024 | $1,042 |
| December 2024 | $1,035 |
| January 2025 | $1,068 |
| February 2025 | $1,072 |
| March 2025 | $1,114 |
| April 2025 | $1,150 |
| May 2025 | $1,195 |
| November 2025 | $1,038 |
| December 2025 | $1,044 |
| January 2026 | $1,038 |
| February 2026 | $1,012 |
Affordability calculator
Can I afford to live at 516 Main St?
Bedrooms
StudioRent-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
$39,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $39,000 annually to afford this studio monthly rent price of $975.
For more information on rent affordability, visit our rent calculator.
Schools near Sharp Building - RESIDENTIAL
Thomas Miller Elementary School
700 s 4th st
lafayette, IN, 47905
K-4Public
C+
Bauer Family Resource - Copper Gate
3130 coppergate circle
lafayette, IN, 47909
PKPublic
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Internet available near Sharp Building - RESIDENTIAL
Getting around Lafayette near 516 Main St
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
6/10
Frequent public transit options are within walking distance.
Points of interest for 516 Main St, Lafayette
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
6/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
7/10
At least one high school within a 20-minute walk
Nightlife
7/10
Variety of bars within walking distance
Explore the area around 516 Main St
Better World Market
402 Brown St
Pay Less Super Markets
2200 Greenbush St
La Tapatia
3100 Cincinnati St
Arni's Commissary
2415 N 18th St
La Chiquita
1440 Sagamore Pkwy N
The Enchanted Pointe
226 N 6th St
AJM Fashions LLC
17 S 6th St
Seajay's Boutique
309 Columbia St
Juniper
340 E State St
Edith Chloe Self Care Shop
1605 Kossuth St
Hammer Donuts
611 Main St
Eleventh House
Lobby By Greyhouse
526 Main St
Starbucks
240 E State St
Fuel
106 S 16th St
Knickerbocker Saloon
113 N 5th St
Lafayette Brewing Company
622 Main St
Digby's Pub and Patio
133 N 4th St
Blind Pig
302 Ferry St
Black Sparrow
223 Main St
Sweet Revolution Bake Shop
109 N 5th St
Jumbo Shrimp Digital LLC
133 N 4th St
Nutramaize LLC
713 North St
O'Rears Pastry Shop
321 N 9th St
Smitty Bread
415 S 4th St
Yatagarasu
533 Main St
McCord Candies
536 Main St
Bistro 501
501 Main St
Knickerbocker Saloon
113 N 5th St
Generation Na
504 Main St
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