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Updated 3 hours ago

Canal Gardens


1249 Dr Martin Luther King Jr St Indianapolis, IN

1 Bed
•
1 Bath

733 Sq. Ft.

Available Now
Floor plans
1 Bed • 1 Bath
$494
733 ft2
1 Available
Unit 204
$494
Available Now
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Where you'll live
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Canal Gardens
Canal Gardens
Canal Gardens
Amenities
Refrigerator
Elevator
On-site Maintenance
Freezer
Range / Oven
Cable-ready
High-speed Internet
Income Restricted
24-hour Maintenance
Secured Entry
Near Campus
Near Hospital
Fees & leasing info
Pets
No Pets Allowed
Parking
Surface Parking
Off-street Parking
Lease & Fees
Application Fee:

$0.00

Lease Length:

Available months 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12,

Security Deposit:

$0.00

Property details
Description

Located just north of downtown Indianapolis, Canal Gardens is an apartment complex within this area with 1 & 2 bedroom offerings to meet the needs of different lifestyles. For affordable living near Indy's Canal Walk, Canal Gardens is the best choice.

Additional Details
Year Built: 2008
Total Unit Count: 26
Last Updated: Updated 3 hours ago
Property manager information
TWG Management
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Office Hours
Wednesday: 10:00 AM - 5:00 PM
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
ViaSat, Inc. 100.0 3.0
On-Ramp Indiana, Inc. 50.0 10.0
Hughes Network Systems, LLC 25.0 3.0
VSAT Systems, LLC 2.0 1.3
Data from June 2020 provided by the FCC
Social media posts
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Photos Floor Plans Amenities
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Canal Gardens by bedroom type below.
1 Bedroom
Suggested income:
$17,800
per year
Rent report

Canal Gardens Rent vs. Indianapolis Average

 Canal Gardens      Indianapolis Average
1BR
$494
$1,078
$0
$400
$800
$1,200
$1,600

Canal Gardens is asking 54% less than the average 1 bedroom apartment in Indianapolis.

If you upsized to an average priced Indianapolis 2 bedroom apartment, you would pay 14% more per month.

If you downsized to an average priced Indianapolis studio apartment, you would pay 19% less per month.

Canal Gardens provides 4% more square footage than the average Indianapolis 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Canal Gardens
1BR $494 $0.70 $1,482
Indianapolis Average
Studio $907 $2.10 $2,722
1BR $1,078 $1.50 $3,234
2BR $1,254 $1.30 $3,762
3BR $1,490 $1.10 $4,470
4BR $1,594 $0.90 $4,781

Availability in Indianapolis

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,270 2BR units on the market in Indianapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
5% 36% 40% 15% 4%
Available Units in Indianapolis
Studio 164
1BR 1,136
2BR 1,270
3BR 469
4BR 117
Location
Nearby Colleges

Indiana University - Purdue University Indianapolis

American College Of Education

Ivy Tech Community College-Central Indiana

Butler University

University of Indianapolis

Nearby Hospitals
Name Distance
Indiana University Health Transplant 0.43 mi.
Iu Health University Hospital 0.81 mi.
Riley Hospital For Children 0.85 mi.
Nearby Fire Stations
Name Distance
North Perry Volunteer Fire Department 1.2 mi.
Marion Volunteer Fire Department 1.2 mi.
Wayne Township Fire Department 1.44 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 733 square feet.
Does this property allow cats or dogs?
Pets are not allowed at this property.
How many bedrooms are in the available units?
There are 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Canal Gardens has a 1 bedroom unit starting at $494.
Where is this property located?
This property is at 1249 Dr Martin Luther King Jr St in Indianapolis, IN. It's 1.3 miles northwest from the center of Indianapolis.
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