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Park Place Apartments 1 of 8

Park Place Apartments

$1,150 – $1,300/mo

  • 1–2 bedrooms
  • 1 bath
  • 750–950 sq ft
  • 12 units available
  • Pet friendly
1349 Saddlebrook Ct E, Indianapolis, IN, 46228

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.

Floor plans

3 floor plans · 12 available units · Prices checked October 13, 2026

1 Bedroom

1 Bedroom • 1 Bath • 750 Sq Ft

Starting at $1,150/mo

2 available unitsPriceSq ftAvailableOpen unit
L39$1,150750Sep 7
L43$1,150750Nov 5

2 Bedroom

2 Bedrooms • 1 Bath • 950 Sq Ft

Starting at $1,199/mo

8 available unitsPriceSq ftAvailableOpen unit
B22$1,199950Aug 7
B14$1,300950Sep 7
M34$1,300950Sep 30
M36$1,300950Oct 7
L48$1,300950Oct 25
M35$1,200950Nov 7
M32$1,300950Nov 7
L38$1,300950Jan 7

2 Bedroom Remodeled

2 Bedrooms • 1 Bath • 950 Sq Ft

Starting at $1,199/mo

2 available unitsPriceSq ftAvailableOpen unit
A4$1,199950Aug 7
K50$1,300950Sep 7

See all 23 units listed at Park Place Apartments, including ones no longer available.


Rent history

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.

Prices reflect the average advertised rent across units listed as available each day (55 days observed).
MonthAverage asking rentLowest – highestUnits listed
Oct 2026$1,247$1,150 – $1,30011
Sep 2026$1,263$1,150 – $1,3008
Aug 2026$1,247$1,099 – $1,30011
Jul 2026$1,229$1,099 – $1,30011

Fees & lease terms

  • Rent

    $1,150 – $1,300/mo
  • Security deposit

    $500
  • Earliest move-in

    Jan 7

Cost to rent here

The all-in monthly cost by apartment size, and how the rent compares across the Indianapolis area.

Lowest-priced apartment: 1 Bedroom at $1,150

$1,374/mo

$224/mo above the advertised rent

  • Rent

    $1,150

  • Electric, gas, water

    est.

    $139

  • Internet

    est.

    $71

  • Renters insurance

    est.

    $14

  • All-in monthly

    $1,374

By apartment size

SizeRent fromAll-in monthlyIncome 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.

Compared with the Indianapolis area

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.

SizeMedian asking rent hereIndianapolis-area asking rentIndianapolis rent paid
1 bedroom$1,150$1,079$1,019
2 bedrooms$1,300$1,262$1,189
Area asking rent: typical rent asked for a new lease across the Indianapolis-Carmel-Greenwood, IN metro, Apartment List Rent Estimates, August 2026.Rent paid: median rent including utilities across all renter households in Indianapolis, U.S. Census Bureau American Community Survey, 2020–2024.
Rows marked “est.” are averages for this area scaled to the apartment, not quotes from the property. The income figure is a common screening rule, not this property’s requirement.

Amenities

  • 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


Location

1349 Saddlebrook Ct E, Indianapolis, IN, 46228


Resident reviews

3.4
Overall rating
Positive
Mixed
Neutral
Negative
Management3.5
Maintenance3.5
Location5.0
Amenities and Shared Spaces2.5
Building Quality2.5

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.

Summaries are written by AI from reviews residents posted on public review sites such as Google and ApartmentRatings. Each topic shows how many of those reviews discuss it.

Getting around

Car-Dependent

Minimal Transit

Not Bikeable


About this property

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!


Nearby schools

SchoolTypeLevelDistance

Fox Hill Elementary School

Public · Elementary
PublicElementary0.6 mi

Care Bears Child Care

Private · Preschool
PrivatePreschool0.6 mi

Care Bear Child Care Center

Private · Preschool
PrivatePreschool0.8 mi

Joneves Child Care

Private · Preschool
PrivatePreschool0.8 mi

Pride Academy

Private · Preschool
PrivatePreschool0.9 mi

Kiddie Factory Child Care Ministry #3

Private · Preschool
PrivatePreschool0.9 mi

St. Monica School

Private · Middle
PrivateMiddle0.9 mi

Freewill's Little Angels Child Care Ministry

Private · Preschool
PrivatePreschool0.9 mi

Crooked Creek Elementary School

Public · Elementary
PublicElementary1.0 mi

Loving Lisa's Day Care

Private · Preschool
PrivatePreschool1.1 mi

Contact & management