Monthly rent

$2,388

Beds

Baths

Sqft

699

Monthly rent	$2,388
Beds	1
Baths	1
Sqft	699

9 Hours Ago

Location

423 E Michigan St #1032097P, Indianapolis, IN 46204, USA|Downtown Indianapolis

Tour 423 E Michigan St #1032097P

Contact

Blueground Us

BLUEGROUND

(844) 432-0208 ext. 2272

Amenities for 423 E Michigan St #1032097P, Downtown Indianapolis

Apartment Amenities

Air Conditioning	Central Heat
Fully Equipped Kitchen	Furnished
Hanger	Has View
Kettle	Linen Towel
Private Entrance	Shampoo
Toaster	TV

Appliances

Coffee Machine	Dishwasher
Hair Dryer	In-Unit Laundry
Iron	Microwave
Oven	Refrigerator
Stove

Tech

WFH Bundle

WiFi

Building

Elevator	Roof Deck
Smoke Detector

Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

About 423 E Michigan St #1032097P

Feel at home in this spacious 1-bedroom apartment located in the heart of Mass Ave. Steps away from fantastic bars and restaurants, this apartment is located in the local's favorite neighborhood. This spacious 1-bedroom apartment features inviting living areas, a fully equipped kitchen, and a bathroom complete with toiletries. You can also enjoy the resident roof deck, resident clubroom, in-unit washer and dryer, and smart TV with streaming apps installed. There is also a TV in the living room and complimentary coffee. Located in the historic Lockerbie Square district, this downtown spot offers charming cobblestone streets, 19th-century architecture, and easy access to cultural landmarks like the Athenæum. You're just a short walk from Mass Ave’s vibrant mix of restaurants, bars, and boutiques. The Indiana Convention Center is 0.3 miles away, Lucas Oil Stadium is 0.5 miles away, Old National Centre is 0.6 miles away, Phoenix Theatre is 0.7 miles away, and Saint Mary's Catholic Church is 0.6 miles away. Smoking of any kind is not permitted within or outside of the apartment, including balconies, patios, or common and/or parking areas. Any sign of smoking is a violation of the stay agreement, which may result in immediate termination and recovery fees beginning at $500. There is a $200 penalty for removing smoke detectors, and a $200 penalty for lost key fobs. No outside guests are allowed without permission. Guests must agree to not disturb neighbors at all times during the stay and must observe quiet hours from 9pm-8am each day. Check-in is at 4 PM and check-out is at 11 AM (a $75/hr late fee applies). One towel is provided per guest per stay. A valid photo ID is required to complete the booking. A pet fee may be charged for guests traveling with an emotional support animal, and the presence of emotional support animals can be declined from stays or Experiences. To abide by all legal requirements and HOA rules, you will be asked to provide a copy of your official government-issued photo ID, confirm your contact information, pass through our verification portal and, in some instances, complete a criminal background check. Failure to provide these documents will result in a cancellation and denied entry. No weapons or drugs are allowed; zero tolerance means police will be called for violating this rule. Minimum age requirement of primary person booking should be 22 years old for out of town guests and 25 years old for local guests. The apartment is proactively monitored with decibel sensors for compliance with the noise policy. Includes Wi-Fi.

Neighborhood

Downtown Indianapolis

Zip code

46204

Type

Apartment for rent

Rent trends in Downtown Indianapolis

1-bedroom apartments at 423 E Michigan St #1032097P cost about 49% more than the average rent price for 1-bedroom apartments in Downtown Indianapolis.

Median rents as of Nov 1 2025.

Downtown Indianapolis

Indianapolis

A table of 1-bedroom apartment rental data trends in Indianapolis
Month	Median Rent
November 2023	$1,046
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	$1,105
October 2025	$1,080
November 2025	$1,050

A table of 1-bedroom apartment rental data trends in Downtown Indianapolis
Month	Median Rent
November 2023	$1,495
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	$1,597
October 2025	$1,604
November 2025	$1,599

Affordability calculator

Can I afford to live at 423 E Michigan St #1032097P?

Bedrooms

1 bedroom

Rent-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

$95,520/yr

With your selected rent-to-income ratio, you'd ideally want to make $95,520 annually to afford this 1-bedroom monthly rent price of $2,388.

For more information on rent affordability, visit our rent calculator.

Getting around Indianapolis near 423 E Michigan St #1032097P

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 #1032097P, 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

423 E Michigan St #1032097P423 E Michigan St #1032097P, Indianapolis, IN 46204, USA

Location

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Amenities for 423 E Michigan St #1032097P, Downtown Indianapolis

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About 423 E Michigan St #1032097P

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Schools near 423 E Michigan St #1032097P

Frederick Douglass School 19

Ips - Butler Lab at William Bell 60

Francis Bellamy Pre-School Center

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Getting around Indianapolis near 423 E Michigan St #1032097P

Walking

Driving

Cycling

Transit

Points of interest for 423 E Michigan St #1032097P, Indianapolis

Groceries

Shopping

Cafes

Restaurants

Primary schools

High schools

Parks

Nightlife

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423 E Michigan St #1032097P
423 E Michigan St #1032097P, Indianapolis, IN 46204, USA