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Updated 5+ Days Ago

Highlights

  • Pet Friendly

Location

725 W Michigan St, Indianapolis, IN 46202, USA|Downtown Indianapolis

Available rentals nearby

featured image of 269 N Addison St

Near Westside • 269 N Addison St

2 Beds

$695

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 2518 Caroline Ave #A

Martindale - Brightwood • 2518 Caroline Ave #A

2 Beds

$600

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 229 Jefferson Ave

Near Eastside • 229 Jefferson Ave

2 Beds

$700

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 1254 W 23rd St #7

Near Northwest - Riverside • 1254 W 23rd St #7

2 Beds

$725

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 269 N Addison St

Near Westside • 269 N Addison St

2 Beds

$695

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 2518 Caroline Ave #A

Martindale - Brightwood • 2518 Caroline Ave #A

2 Beds

$600

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 229 Jefferson Ave

Near Eastside • 229 Jefferson Ave

2 Beds

$700

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 1254 W 23rd St #7

Near Northwest - Riverside • 1254 W 23rd St #7

2 Beds

$725

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

Rent trends in Downtown Indianapolis

2-bedroom apartments at 725 W Michigan St cost about 70% less than the average rent price for 2-bedroom apartments in Downtown Indianapolis.

Median rents as of Nov 7 2026.
Downtown Indianapolis
Indianapolis
A table of 2-bedroom apartment rental data trends in Indianapolis
MonthMedian Rent
November 2024$1,397
December 2024$1,378
January 2025$1,389
February 2025$1,389
March 2025$1,333
April 2025$1,312
May 2025$1,322
June 2025$1,312
July 2025$1,298
August 2025$1,290
September 2025$1,266
October 2025$1,275
November 2025$1,275
December 2025$1,256
January 2026$1,245
February 2026$1,239
March 2026$1,250
April 2026$1,250
May 2026$1,275
June 2026$1,288
July 2026$1,270
August 2026$1,290
September 2026$1,299
October 2026$1,296
November 2026$1,295
A table of 2-bedroom apartment rental data trends in Downtown Indianapolis
MonthMedian Rent
November 2024$1,970
December 2024$1,967
January 2025$1,936
February 2025$1,972
March 2025$2,202
April 2025$2,487
May 2025$2,429
June 2025$2,353
July 2025$2,390
August 2025$2,335
September 2025$2,329
October 2025$2,298
November 2025$2,237
December 2025$2,096
January 2026$2,086
February 2026$2,231
March 2026$2,293
April 2026$2,226
May 2026$2,294
June 2026$2,315
July 2026$2,347
August 2026$2,349
September 2026$2,275
October 2026$2,152
November 2026$2,179

Schools near 725 W Michigan St

Impact Academy

320 n tibbs ave

indianapolis, IN, 46222

K-12Public
D

Impact Academy 3

320 n tibbs ave

indianapolis, IN, 46222

K-12Public

Impact Academy 2

320 n tibbs ave

indianapolis, IN, 46222

K-12Public

Ips - Butler Lab at William Bell 60

3330 n pennsylvania

indianapolis, IN, 46205

PK, K-8Public
C+

Frederick Douglass School 19

2020 dawson st

indianapolis, IN, 46203

PK, K-8Public
C-
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Getting around Indianapolis near 725 W Michigan St

Walking

8/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

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

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 725 W Michigan St, Indianapolis

Groceries

7/10
The nearest general grocery store is within a 10-minute walk, and there are also a few specialist food stores nearby.

Shopping

6/10
Several fashion stores are within a short walk.

Cafes

6/10
The closest café is within a 5-minute walk, and there are some other cafés within walking distance.

Restaurants

7/10
Several restaurants are within a short walk.

Primary schools

4/10
The closest elementary school is within a 15-to-20-minute walk.

High schools

4/10
The closest high school is within a 15-to-20-minute walk.

Parks

7/10
Few parks in the area.

Nightlife

5/10
Some bars are within walking distance.

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