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Location

423 E Michigan St #1032103P, Indianapolis, IN 46204, USA|Downtown Indianapolis

Available rentals nearby

featured image of 421 N Pennsylvania St

Industry Indianapolis

Our team has verified this company

Downtown Indianapolis • 421 N Pennsylvania St

1 Bed

$1,798–$2,505

featured image of 2136 Central Ave

The Grounds

Our team has verified this company

Near Northside • 2136 Central Ave

1 Bed

$1,745–$2,168

featured image of 3200 Dr Andrew J Brown Ave

The Domino

Our team has verified this company

Martindale - Brightwood • 3200 Dr Andrew J Brown Ave

1 Bed

$1,700–$1,720

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335 W 9th St

Our team has verified this company

Downtown Indianapolis • 335 W 9th St

1 Bed

$1,733–$1,821

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530 Massachusetts Ave, Indianapolis, IN, 46204

Our team has verified this company

Downtown Indianapolis • 530 Massachusetts Ave

1 Bed

$2,139

featured image of 229 S Delaware St

Downtown Indianapolis • 229 S Delaware St

1 Bed

$1,260–$2,222

featured image of 231 N Pennsylvania St

Downtown Indianapolis • 231 N Pennsylvania St

1 Bed

$1,690–$2,290

featured image of 617 N College Ave

Downtown Indianapolis • 617 N College Ave

1 Bed

$2,021–$2,321

featured image of 421 N Pennsylvania St

Industry Indianapolis

Our team has verified this company

Downtown Indianapolis • 421 N Pennsylvania St

1 Bed

$1,798–$2,505

featured image of 2136 Central Ave

The Grounds

Our team has verified this company

Near Northside • 2136 Central Ave

1 Bed

$1,745–$2,168

featured image of 3200 Dr Andrew J Brown Ave

The Domino

Our team has verified this company

Martindale - Brightwood • 3200 Dr Andrew J Brown Ave

1 Bed

$1,700–$1,720

featured image of 335 W 9th St

335 W 9th St

Our team has verified this company

Downtown Indianapolis • 335 W 9th St

1 Bed

$1,733–$1,821

featured image of 530 Massachusetts Ave

530 Massachusetts Ave, Indianapolis, IN, 46204

Our team has verified this company

Downtown Indianapolis • 530 Massachusetts Ave

1 Bed

$2,139

featured image of 229 S Delaware St

Downtown Indianapolis • 229 S Delaware St

1 Bed

$1,260–$2,222

featured image of 231 N Pennsylvania St

Downtown Indianapolis • 231 N Pennsylvania St

1 Bed

$1,690–$2,290

featured image of 617 N College Ave

Downtown Indianapolis • 617 N College Ave

1 Bed

$2,021–$2,321

Rent trends in Downtown Indianapolis

1-bedroom apartments at 423 E Michigan St #1032103P cost about 27% more than the average rent price for 1-bedroom apartments in Downtown Indianapolis.

Median rents as of Sep 13 2025.
Downtown Indianapolis
Indianapolis
A table of 1-bedroom apartment rental data trends in Indianapolis
MonthMedian Rent
September 2023$1,139
October 2023$1,133
November 2023$1,071
December 2023$1,072
January 2024$1,060
February 2024$986
March 2024$1,104
April 2024$1,129
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$1,100
A table of 1-bedroom apartment rental data trends in Downtown Indianapolis
MonthMedian Rent
September 2023$1,611
October 2023$1,556
November 2023$1,503
December 2023$1,573
January 2024$1,595
February 2024$1,451
March 2024$1,466
April 2024$1,539
May 2024$1,519
June 2024$1,519
July 2024$1,484
August 2024$1,492
September 2024$1,469
October 2024$1,429
November 2024$1,423
December 2024$1,470
January 2025$1,481
February 2025$1,500
March 2025$1,550
April 2025$1,615
May 2025$1,659
June 2025$1,651
July 2025$1,656
August 2025$1,637
September 2025$1,599

Schools near 423 E Michigan St #1032103P

Frederick Douglass School 19

2020 dawson st

indianapolis, IN, 46203

PK, K-8Public
C-

Ips - Butler Lab at William Bell 60

3330 n pennsylvania

indianapolis, IN, 46205

PK, K-8Public
C+

Francis Bellamy Pre-School Center

9501 e 36th st

indianapolis, IN, 46236

PKPublic
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Internet available near 423 E Michigan St #1032103P

Getting around Indianapolis near 423 E Michigan St #1032103P

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

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

Points of interest for 423 E Michigan St #1032103P, Indianapolis

Groceries

9/10
At least one supermarket within a 10-minute walk

Shopping

6/10
Several shops within a few minutes’ walk

Cafes

6/10
Several cafés within a few minutes’ walk

Restaurants

8/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

5/10
At least one high school within a 20-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

10/10
Exceptional variety of bars right within a few minutes’ walk

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