Zumper
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Updated 2 Days Ago

Highlights

  • Pet Friendly
  • Spacious and renovated studios
  • Two bedroom apartment homes

Location

4554 Winthrop Ave, Indianapolis, IN 46205, USA|Meridian Kessler
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Tour Monon Station Apartments

Contact

Management

MC Midwest Properties, LLC

Leasing office

(317) 460-3022

Property Overview

Monon Station Apartments offers spacious, renovated studio and two-bedroom apartment homes, along with a strong overall Zumper expert rating of 8.6 out of 10. It stands out for excellent value, strong amenities and location ratings, and a high level of trustworthiness, with pros noting it ranks in the 100th percentile for value for money compared with nearby properties.

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

8.6
Very Good
With a solid 8.6 out of 10 overall, Monon Station Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Monon Station Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive

Great for

  • Pet owners

Floor plans

2X12 bed1 bath800 sqft$975–$1,055 /mo3 units availableUnder new ownership! Sought after location near Broad Ripple offers spacious and renovated studios and two bedroom apartment homes to fit your lifestyle. All of our apartments offer the highest levels of quality and affordability. Convenient access to shopping, dining and entertainment and only 15 minutes away from downtown Indianapolis.
2x1R2 bed1 bath800 sqft$1,205 /mo1 unit availableDiscover the ideal Monon living experience at Monon Station Apartments! Our spacious, pet-friendly studiio- and two-bedroom apartment homes feature oversized floor plans, with select homes recently renovated for a modern touch. Enjoy convenient access to shopping, dining, and Ivy Tech University all just minutes from downtown Indy. Relax while walking the Monon trail. Schedule your tour today and find your new home at Monon Station!

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Amenities for Monon Station Apartments

Building

Cats OKDogs 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

Units30
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About Monon Station Apartments

HomeApartments in IndianapolisMeridian Kessler Monon Station Apartments

Sought after location near Broad Ripple offers spacious studio and two bedroom apartment homes to fit your lifestyle. All of our apartments offer the highest levels of quality and affordability. Monon Station offers convenient access to shopping, dining, and entertainment and is only 15 minutes away from downtown Indianapolis. Contact us to schedule a tour!


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.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, Monon Station Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Monon Station Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Monon Station Apartments
Price·10A 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.
Monon Station Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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, Monon Station Apartments 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.
Monon Station 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·7A 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 it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Monon Station Apartments to provide reasonable accomodations and accurate details about its community.
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.

Monon Station Apartments is great for:

Pet owners

  • 3 pet supply stores near the property
  • 1 pet grooming service nearby
  • 1 pet hospital in the area

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 Monon Station Apartments compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby

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Rent trends in Meridian Kessler

If you decide to upgrade your space, you can expect 2-bedrooms at Monon Station Apartments to be 21% less than the average for similarly sized apartments in Meridian Kessler.

Median rents as of Aug 29 2026.
Meridian Kessler
Indianapolis
A table of 1-bedroom apartment rental data trends in Indianapolis
MonthMedian Rent
September 2024$1,117
October 2024$1,143
November 2024$1,126
December 2024$1,125
January 2025$1,152
February 2025$1,150
March 2025$1,087
April 2025$1,024
May 2025$1,087
June 2025$1,098
July 2025$1,090
August 2025$1,097
September 2025$1,105
October 2025$1,080
November 2025$1,046
December 2025$1,048
January 2026$1,017
February 2026$1,022
March 2026$1,011
April 2026$1,017
May 2026$1,007
June 2026$1,016
July 2026$1,064
August 2026$1,046
A table of 1-bedroom apartment rental data trends in Meridian Kessler
MonthMedian Rent
September 2024$1,209
October 2024$1,194
November 2024$1,063
December 2024$1,131
January 2025$1,128
February 2025$1,064
March 2025$1,151
April 2025$1,427
May 2025$1,077
June 2025$1,153
July 2025$1,195
August 2025$1,177
September 2025$1,136
October 2025$1,141
November 2025$1,126
December 2025$1,009
January 2026$988
February 2026$1,007
March 2026$1,038
April 2026$1,126
May 2026$1,084
June 2026$1,264
July 2026$1,177
August 2026$1,086

Affordability calculator

Can I afford to live at 4554 Winthrop Ave?

Bedrooms

2 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

$43,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $43,600 annually to afford this 2-bedrooms median monthly rent price of $1,090.
For more information on rent affordability, visit our rent calculator.

Schools near Monon Station Apartments

Center for Inquiry School 70

510 east 46th st

indianapolis, IN, 46205

K-8Public
B

Ips/Butler Lab at Eliza Blaker 55

1349 e 54th st

indianapolis, IN, 46220

PK, K-8Public
C

Indiana School for the Deaf

1200 e 42nd st

indianapolis, IN, 46205

PK, K-12Public

Family Development Services, Inc. Service Center II Head Start

3637 n meridian st

indianapolis, IN, 46208

PKPublic

Ips - Butler Lab at William Bell 60

3330 n pennsylvania

indianapolis, IN, 46205

PK, K-8Public
C+
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Internet available near Monon Station Apartments

Getting around Indianapolis near 4554 Winthrop Ave

Walking

5/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
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 4554 Winthrop Ave, Indianapolis

Groceries

4/10
At least one grocery store within a 30-minute walk

Shopping

5/10
Some shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

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

High schools

8/10
At least one high school within a 10-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

3/10
Few or no bars within walking distance

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