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Balsam Avenue Apartments offers upscale living in spacious studio homes with convenient features like a dishwasher, refrigerator, and on-site laundry, all within a serene atmosphere. With strong expert scores for amenities, location, quality, and trustworthiness, and nearby access to public transportation, grocery shopping, and a top-rated high school, it presents a compelling option for renters seeking comfort and convenience.
Things you’ll love
Less expensiveHigh school nearby| Sun Room | 1 bed | 1 bath | 518 sqft | $808–$924 /mo | 1 unit available | Nestled just beyond downtown Indianapolis, The Villages at Fall Creek offer a refined retreat, providing a serene and private atmosphere within a convenient drive to local shops, eateries, and entertainment. For those with a penchant for the outdoors, the proximity of the Monon Trail and Fall Creek allows residents to seamlessly blend urban living with natural surroundings. The residences present a choice between spacious studio or one-bedroom apartments, each thoughtfully appointed with a range of amenities. The Sun Room, a hallmark of upscale living, affords residents exclusive access to on-site laundry facilities and secure off-street parking. This distinguished apartment features a generously proportioned living room and ample closet space for organized storage. Essential appliances, including a stove, refrigerator, and dishwasher, seamlessly enhance the functionality and sophistication of this premier suite. Contact our office today to arrange a personalized tour. Contact Us Today: 317-489-9760 **** | |
| Mapleton Suite | 1 bed | 1 bath | 623 sqft | $850 /mo | 1 unit available | Nestled just beyond downtown Indianapolis, The Villages at Fall Creek offer a refined retreat, providing a serene and private atmosphere within a convenient drive to local shops, eateries, and entertainment. For those with a penchant for the outdoors, the proximity of the Monon Trail and Fall Creek allows residents to seamlessly blend urban living with natural surroundings. The residences present a choice between spacious studio or one-bedroom apartments, each thoughtfully appointed with a range of amenities. The Mapleton Suite, a hallmark of upscale living, affords residents exclusive access to on-site laundry facilities and secure off-street parking. This distinguished apartment features a generously proportioned living room and ample closet space for organized storage. Essential appliances, including a stove, refrigerator, and dishwasher, seamlessly enhance the functionality and sophistication of this premier suite. Contact our office today to arrange a personalized tour or explore our immersive 3D Virtual Tour experience. Contact Us Today: 317-489-9760 **** Virtual Tour Link: https my matterport com show ?m=wrNYDLn9DHU& |
Let's explore this property.
Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 29 |
|---|
Welcome to The Villages, where comfort meets convenience. Our 1-bedroom and studio apartments offer spacious, updated layouts with modern finishes, creating a cozy and inviting atmosphere. Perfectly located just outside downtown, you’ll enjoy the best of both worlds—close to the action but with a peaceful, secluded feel thanks to our proximity to the scenic Monon Trail. Plus, with on-site laundry facilities, everything you need is right at your doorstep. Experience a lifestyle that blends relaxation and accessibility at The Villages. Contact our office today to arrange a personalized tour. Contact Us Today: 317-489-9760 ****
How Balsam Avenue Apartments compares to other nearby properties.
Positives
Considerations
1-bedroom apartments here are priced 4% higher than 1-bedrooms in Meadows.
| 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 | $1,017 |
| Month | Median Rent |
|---|---|
| May 2024 | $927 |
| June 2024 | $925 |
| July 2024 | $847 |
| August 2024 | $778 |
| October 2024 | $844 |
| November 2024 | $765 |
| December 2024 | $794 |
| January 2025 | $725 |
| February 2025 | $755 |
| March 2025 | $787 |
| April 2025 | $797 |
| July 2025 | $872 |
| August 2025 | $856 |
| October 2025 | $800 |
| November 2025 | $847 |
| December 2025 | $810 |
| January 2026 | $844 |
| February 2026 | $850 |
| March 2026 | $812 |
Can I afford to live at 3520 E Fall Creek Parkway South Dr?
Bedrooms
1 bedroomRent-to-income ratio
30%
$33,160/yr
1200 e 42nd st
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Meadows | Indianapolis, IN
Martindale - Brightwood • 3200 Dr Andrew J Brown Ave
Studio–2 Beds
$995–$2,120
St. Vincent - Greenbriar • 1854 Century Way
1–2 Beds
$1,130–$1,490
Speedway • 6363 Hollister Drive
Studio–3 Beds
$700–$1,429
Speedway • 2202 Fair Oaks Dr
1–2 Beds
$820–$1,820
Castleton • 8210 Lakeshore Trail East Dr
1–2 Beds
$1,177–$1,518
Eagledale • 3510 Kebil Dr
1–3 Beds
$945–$1,500
Martindale - Brightwood • 3200 Dr Andrew J Brown Ave
Studio–2 Beds
$995–$2,120
St. Vincent - Greenbriar • 1854 Century Way
1–2 Beds
$1,130–$1,490
Speedway • 6363 Hollister Drive
Studio–3 Beds
$700–$1,429
Speedway • 2202 Fair Oaks Dr
1–2 Beds
$820–$1,820
Castleton • 8210 Lakeshore Trail East Dr
1–2 Beds
$1,177–$1,518
Eagledale • 3510 Kebil Dr
1–3 Beds
$945–$1,500
