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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Property Overview
Monon Station Apartments offers renovated studios and two-bedroom homes with strong value, scoring an overall 8.6/10 and a perfect 10/10 for price. With high marks for location (9/10), amenities (8/10), and trustworthiness (8/10), plus a solid quality rating of 7/10, it stands out as a competitively priced, well-rounded option with convenient access to local attractions and everyday essentials.
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.
Things you’ll love
Less expensive
Great for
Pet owners
Floor plans
| 2X1 | 2 bed | 1 bath | 800 sqft | $1,030 /mo | 3 units available | Under 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. |
Let's explore this property.
Amenities for Monon Station Apartments
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 | 30 |
|---|
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About 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 GoodWith 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.
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:
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
2-bedroom apartments at Monon Station Apartments cost about 34% less than the average rent price for 2-bedroom apartments in Meridian Kessler.
Median rents as of Apr 18 2026.
Meridian Kessler
Indianapolis
| Month | Median Rent |
|---|---|
| May 2024 | $1,132 |
| June 2024 | $1,076 |
| July 2024 | $1,081 |
| August 2024 | $1,126 |
| September 2024 | $1,123 |
| 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 | $1,014 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,082 |
| June 2024 | $1,089 |
| July 2024 | $1,219 |
| August 2024 | $1,207 |
| September 2024 | $1,208 |
| 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 | $1,111 |
Affordability calculator
Can I afford to live at 4554 Winthrop Ave?
Bedrooms
2 bedroomsRent-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
$41,200/yr
With your selected rent-to-income ratio, you'd ideally want to make $41,200 annually to afford this 2-bedrooms monthly rent price of $1,030.
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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