Updated 3 Hours Ago
Location
118 E Palmer St #8, Indianapolis, IN 46225, USA|Near Southside
Tour 118 E Palmer St #8
Contact
Nearby rentals
Property management
Apartments for rent IndianapolisApartments for rent MuncieApartments for rent BloomingtonApartments for rent NoblesvilleApartments for rent GreenwoodApartments for rent Chapel Hill - Ben DavisApartments for rent CambyApartments for rent Snacks - Guion CreekApartments for rent FranklinApartments for rent ColumbusApartments for rent Valley MillsApartments for rent PlainfieldApartments for rent AvonApartments for rent FishersApartments for rent GreenfieldApartments Near Me
Houses for rent IndianapolisHouses for rent BloomingtonHouses for rent CarmelHouses for rent ShelbyvilleHouses for rent MuncieHouses for rent AndersonHouses for rent NoblesvilleHouses for rent FortvilleHouses for rent PlainfieldHouses for rent FishersHouses for rent LebanonHouses for rent CumberlandHouses for rent CrawfordsvilleHouses for rent AvonHouses for rent SpeedwayHouses for rent near me
Amenities for 118 E Palmer St #8, Near Southside
Apartment Amenities
| Electric Heating | Forced Air |
| Furnished |
Building
| Exterior Type: Brick |
Services
| Concierge Service | Package Service |
Other
| Four Rooms |
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
About 118 E Palmer St #8
Sweet deal!
This listing is 40% below the median price for 2 bedroom apartments in Near Southside.
Property Status: Active Check out this affordable two bedroom apartment located just south of downtown Indianapolis! This unit comes furnished with kitchen appliances, updated flooring throughout, and a fresh coat of paint. There is plenty of space for relaxation after a hard days' work but efficient enough to not be a maintenance burden. You will be able to enjoy everything downtown Indianapolis has to offer after a short commute but there is also easy access to the highway if you need to get to any of the areas surrounding Indianapolis. Tenants will be charged $100/month for water/sewer/trash. All residents will be enrolled in a Resident Benefits Package (RBP) and these packages range from $45 - $55 per month and include benefits such as liability insurance, credit building to help boost the resident's credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. This home comes with high speed internet up to 1 Gig at an exclusive group rate of $69.00, and includes 24/7 premium support and setup to help get you connected at move-in Office Phone: (317) 842-3400 Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Source: Broker Listing Cooperative®|MLS Listing No. 22134322
Address details
| Neighborhood | Near Southside |
|---|---|
| Zip code | 46225 |
| Type | Apartment for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Near Southside
2-bedroom apartments at 118 E Palmer St #8 cost about 40% less than the average rent price for 2-bedroom apartments in Near Southside.
Median rents as of Oct 24 2026.
Near Southside
Indianapolis
| Month | Median Rent |
|---|---|
| November 2024 | $1,391 |
| 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 | $1,297 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,398 |
| December 2024 | $1,316 |
| January 2025 | $1,349 |
| February 2025 | $1,378 |
| March 2025 | $1,384 |
| April 2025 | $1,337 |
| May 2025 | $1,312 |
| June 2025 | $1,134 |
| July 2025 | $1,178 |
| August 2025 | $1,154 |
| September 2025 | $1,106 |
| October 2025 | $1,170 |
| November 2025 | $1,165 |
| December 2025 | $1,212 |
| January 2026 | $1,228 |
| February 2026 | $1,273 |
| March 2026 | $1,288 |
| April 2026 | $1,252 |
| May 2026 | $1,288 |
| June 2026 | $1,389 |
| July 2026 | $1,292 |
| August 2026 | $1,314 |
| September 2026 | $1,288 |
| October 2026 | $1,284 |
Affordability calculator
Can I afford to live at 118 E Palmer St #8?
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
$31,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $31,000 annually to afford this 2-bedrooms monthly rent price of $775.
For more information on rent affordability, visit our rent calculator.
Schools near 118 E Palmer St #8
James A. Garfield School No. 31
307 lincoln st
indianapolis, IN, 46225
PK, K-8Public
C
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
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
Getting around Indianapolis near 118 E Palmer St #8
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 118 E Palmer St #8, Indianapolis
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
5/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
1/10
No high schools within a 30-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
5/10
Some bars within walking distance
Compare similar properties nearby
9093 Bourbon St
1–3 Beds
$959–$1,599
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.- dogs and cats ok
- swimming pool
- fitness center
Edgewood • 6933 Buckridge West Dr
1–2 Beds
$900–$1,050
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.- dogs and cats ok
- swimming pool
- fitness center
Brickyard Flats
Our team has verified this companySpeedway • 6363 Hollister Drive
1–3 Beds
$787–$1,429
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.- dogs and cats ok
- swimming pool
- fitness center
Waterfront Terrace
Our team has verified this companyEagledale • 3510 Kebil Dr
1–3 Beds
$925–$1,500
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.- dogs and cats ok
- swimming pool
- fitness center
Warren Harbor
Our team has verified this company9300 E 21st St
1–3 Beds
$975–$1,500
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.- dogs and cats ok
- swimming pool
- fitness center
Spinnaker Court
Our team has verified this companyAspen Ridge • 3685 Saint Thomas Blvd
1–2 Beds
$920–$1,570
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.- dogs and cats ok
- swimming pool
- fitness center
Lake Marina
Our team has verified this company9515 Shoreland Ln
1–3 Beds
$899–$1,400
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.- dogs and cats ok
- swimming pool
- fitness center
9060 E 39th Place
Our team has verified this company9060 E 39th Pl
1–2 Beds
$914–$1,180
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.- dogs and cats ok
- swimming pool
- fitness center
9093 Bourbon St
1–3 Beds
$959–$1,599
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.- dogs and cats ok
- swimming pool
- fitness center
Edgewood • 6933 Buckridge West Dr
1–2 Beds
$900–$1,050
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.- dogs and cats ok
- swimming pool
- fitness center
Brickyard Flats
Our team has verified this companySpeedway • 6363 Hollister Drive
1–3 Beds
$787–$1,429
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.- dogs and cats ok
- swimming pool
- fitness center
Waterfront Terrace
Our team has verified this companyEagledale • 3510 Kebil Dr
1–3 Beds
$925–$1,500
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.- dogs and cats ok
- swimming pool
- fitness center
Warren Harbor
Our team has verified this company9300 E 21st St
1–3 Beds
$975–$1,500
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.- dogs and cats ok
- swimming pool
- fitness center
Spinnaker Court
Our team has verified this companyAspen Ridge • 3685 Saint Thomas Blvd
1–2 Beds
$920–$1,570
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.- dogs and cats ok
- swimming pool
- fitness center
Lake Marina
Our team has verified this company9515 Shoreland Ln
1–3 Beds
$899–$1,400
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.- dogs and cats ok
- swimming pool
- fitness center
9060 E 39th Place
Our team has verified this company9060 E 39th Pl
1–2 Beds
$914–$1,180
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.- dogs and cats ok
- swimming pool
- fitness center
Check availability
Apartments for rent in Indianapolis1761 listings
1761 listings
Cheap apartments in Indianapolis898 listings
898 listings
Luxury apartments in Indianapolis383 listings
383 listings
Houses for rent in Indianapolis859 listings
859 listings
Luxury houses in Indianapolis65 listings
65 listings
Rooms for rent in Indianapolis15 listings
15 listings
Furnished houses in Indianapolis29 listings
29 listings
Pet-Friendly houses in Indianapolis562 listings
562 listings
Avon apartments33 listings
33 listings
Beech Grove apartments10 listings
10 listings
Brownsburg apartments42 listings
42 listings
Carmel apartments174 listings
174 listings
Greenwood apartments85 listings
85 listings
Plainfield apartments58 listings
58 listings
Southport apartments11 listings
11 listings
Speedway apartments32 listings
32 listings
Zionsville apartments90 listings
90 listings
Downtown Indianapolis apartments216 listings
216 listings
Mapleton - Fall Creek apartments49 listings
49 listings
Near Eastside apartments200 listings
200 listings
Near Northside apartments124 listings
124 listings
Near Southeast apartments125 listings
125 listings
Near Westside apartments82 listings
82 listings
