1 Bedroom
1 Bedroom • 1 Bath • 750 Sq Ft
Starting at $1,150/mo
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$1,150 – $1,300/mo
As of October 13, 2026, Park Place Apartments in Indianapolis, IN has 12 apartments for rent from $1,150 to $1,300/mo. One-bedrooms start at $1,150 and two-bedrooms at $1,199. The average asking rent has risen 2.1% since July 3, 2026, from $1,225 to $1,250.
3 floor plans · 12 available units · Prices checked October 13, 2026
1 Bedroom • 1 Bath • 750 Sq Ft
Starting at $1,150/mo
2 Bedrooms • 1 Bath • 950 Sq Ft
Starting at $1,199/mo
See all 23 units listed at Park Place Apartments, including ones no longer available.
Over the past year, the average asking rent at Park Place Apartments has ranged from $1,218 to $1,279. The current average is $1,250, up $25 (2.1%) from $1,225 at the start.
| Month | Average asking rent | Lowest – highest | Units listed |
|---|---|---|---|
| Oct 2026 | $1,247 | $1,150 – $1,300 | 11 |
| Sep 2026 | $1,263 | $1,150 – $1,300 | 8 |
| Aug 2026 | $1,247 | $1,099 – $1,300 | 11 |
| Jul 2026 | $1,229 | $1,099 – $1,300 | 11 |
Rent
$1,150 – $1,300/moSecurity deposit
$500Earliest move-in
Jan 7The all-in monthly cost by apartment size, and how the rent compares across the Indianapolis area.
$1,374/mo
$224/mo above the advertised rent
Rent
$1,150
Electric, gas, water
$139
Internet
$71
Renters insurance
$14
All-in monthly
$1,374
| Size | Rent from | All-in monthly | Income to qualify |
|---|---|---|---|
| 1 bedroom | $1,150 | $1,374 | $41,400/yr |
| 2 bedrooms | $1,199 | $1,488 | $43,164/yr |
Landlords commonly look for a monthly income of three times the rent, about $41,400 a year for the $1,150 one-bedroom. The median renter household in Indianapolis earns $46,182 a year.
The median two-bedroom at Park Place Apartments asks $1,300 a month, about the same as the Indianapolis area's typical two-bedroom asking rent of $1,262. Typical asking rents across the area are down 0.4% from a year earlier.
| Size | Median asking rent here | Indianapolis-area asking rent | Indianapolis rent paid |
|---|---|---|---|
| 1 bedroom | $1,150 | $1,079 | $1,019 |
| 2 bedrooms | $1,300 | $1,262 | $1,189 |
Can you afford it? Rent affordability calculator for Indianapolis
24-Hour Emergency Maintenance
$41 Utility Fee
$57 Utility Fee
Air Conditioning
Air Conditioning: Central
Appliances Included!
Balconies And Patios
Busline Nearby
Cable-Ready
Completely Remodeled Community
Controlled Access
Courtyard Area
Deck/Patio
Dishwasher
Disposal
Dryer
Eat-In Kitchen
Entertainment Nearby
Hardwood Floors
Lawncare
Led Light Fixtures
Microwave
Off-Street Parking
One Year Lease
Online Maintenance Portal
Online Rent Payment
On-Site Parking
Oven
Parking
Parking Lot
Park Next Door!
Park View
Pet-Friendly
Picnic Area
Private Patio Or Balcony
Professional Management
Quartz Countertops
Range
Refrigerator
Renovated
Snow Removal
Trash Service
Washer
Washer & Dryer
Washington Township School
Water & Sewer
1349 Saddlebrook Ct E, Indianapolis, IN, 46228
Park Place Apartments offers a quiet, community-oriented living environment with generally positive experiences under previous management, but recent management changes have created significant communication and responsiveness issues. Residents report inconsistent maintenance response times, sound insulation concerns in lower units, and recurring problems with lease administration and office accessibility. While the property location, amenities, and maintenance quality were previously reliable, current operational challenges around staff availability and lease support are a primary concern for prospective residents.
Management responsiveness is inconsistent, with recent staffing changes creating communication challenges. While some residents report excellent leasing and maintenance support with quick issue resolution, others describe difficulty reaching the office, unresponsive staff to lease inquiries, and maintenance delays. Office accessibility issues—including limited hours and no weekend availability—have been noted as barriers for working residents.
Maintenance response times are inconsistent, ranging from next-day service to multi-day delays, particularly for critical systems like HVAC and plumbing. Common issues include AC failures during summer, water heater problems, and appliance malfunctions. While some residents report professional and efficient service, others describe temporary repairs and difficulty scheduling appointments at specified times. Residents note that management responsiveness improves when rent credits or formal lease enforcement are involved.
The property offers a quiet, low-key residential environment with convenient access to nearby stores and restaurants. Residents appreciate the peaceful neighborhood atmosphere and note that the area feels safe and secure.
Residents report mixed experiences with amenities and shared spaces. Laundry facilities have experienced maintenance issues including broken lighting that persisted despite repair attempts. Sound insulation between units is a recurring concern, with residents reporting audible noise from neighboring units and activities. Leasing office accessibility and rent payment options present operational challenges, including limited hours and online payment fees.
Residents report significant noise insulation issues, particularly in lower units where footsteps, plumbing sounds, and neighbor activity are clearly audible. Shared facilities like laundry areas have experienced maintenance delays, with reported broken fixtures remaining unrepaired for extended periods despite complaints. Maintenance requests are generally handled, though response times vary.
Car-Dependent
Minimal Transit
Not Bikeable
Park Place Apartments Experience Park Place Apartment's remodeled one- and two-bedroom apartments near Broad Ripple. These apartments feature stainless steel appliances, quartz countertops, LED lighting, vinyl plank flooring, upgraded bathrooms, and an in-unit washer and dryer. We're pet-friendly—up to 2 pets are welcome, with no breed or size restrictions. Pet fees apply. A utility fee covers water, sewer, trash, lawn care, and snow removal. On-site parking is available, and additional storage spaces are available for lease. Located close to Butler University, Marion University, Washington Township Schools, and Broad Ripple's nightlife, dining, and entertainment. Schedule your tour today!
| School | Type | Level | Distance |
|---|---|---|---|
Fox Hill Elementary School Public · Elementary | Public | Elementary | 0.6 mi |
Care Bears Child Care Private · Preschool | Private | Preschool | 0.6 mi |
Care Bear Child Care Center Private · Preschool | Private | Preschool | 0.8 mi |
Joneves Child Care Private · Preschool | Private | Preschool | 0.8 mi |
Pride Academy Private · Preschool | Private | Preschool | 0.9 mi |
Kiddie Factory Child Care Ministry #3 Private · Preschool | Private | Preschool | 0.9 mi |
St. Monica School Private · Middle | Private | Middle | 0.9 mi |
Freewill's Little Angels Child Care Ministry Private · Preschool | Private | Preschool | 0.9 mi |
Crooked Creek Elementary School Public · Elementary | Public | Elementary | 1.0 mi |
Loving Lisa's Day Care Private · Preschool | Private | Preschool | 1.1 mi |