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Water, sewer, and trash utilities are included in the rent.
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*** SUMMER Leasing Special***
We are currently running a seasonal leasing special for $200 off your first month's rent with any lease signed  and a move in date on or prior to 09/19/2026.
*** SUMMER Leasing Special***

Security deposit terms are designed to be fair and flexible based on applicant qualifications. For approved applicants who meet the minimum credit score of 680 and income requirement of 3x the monthly rent, the refundable security deposit is equal to one month’s rent.

Applicants who do not meet these criteria may still be considered but will be required to provide a higher security deposit equal to 1.5 times the monthly rent.

Flexible leasing options available! While our standard lease term is 12 months, we also offer a 6-month lease for added convenience. Perfect for those needing a shorter stay—just note that short-term leases are offered at a 20% premium over the listed rent.

Dive into the vibrant heart of Indianapolis with this charming 720 sq ft, 1-bedroom, 1-bathroom unit at 406 N. Delaware St., Unit 109. Perfectly situated for those who crave the excitement of city living, this cozy haven offers a blend of comfort and convenience. Imagine waking up each morning in a space that effortlessly combines modern style with a welcoming atmosphere. The open layout invites you to personalize the space, making it a true reflection of your unique lifestyle. Enjoy the ease of living in a location where dining, entertainment, and cultural experiences are just steps from your front door. Whether you're savoring a quiet evening at home or hosting friends, this unit provides an ideal setting for making lasting memories. The bedroom offers a peaceful retreat, while the full bathroom ensures all the essentials are at your fingertips. With its ideal downtown location, you have access to everything Indianapolis has to offer, right at your doorstep. Embrace the urban lifestyle and make this delightful unit your new home.

The pet(s) is(are) a fully-grown male/female, dog(s)/cat(s) not to exceed 30 lbs. The following breeds will not be accepted under any circumstances: Akitas, Chows, Pit Bulls, Great Danes, Rottweilers, Doberman Pinschers. Puppies under 1 (one) year of age will not be permitted under any circumstances. No more than 2 pets are allowed per unit.

Parking options are conveniently available nearby. A lot located directly across from Colonial at the church offers parking for $90/month (call 317-267-1400 for details).
Additional options include:
• 408 N. Delaware – $10 daily or $90/month (https://denisonparking.com/408-n-delaware/)
• 438 N. Delaware – Parking garage available for $140/month (contact 317-376-0935 or jmajors@iparkco.com)
Please note that parking availability, pricing, and terms are subject to change and should be confirmed directly with the providers.

There's a laundry area in the basement. Refrigerator and Range Provided.

At PMI, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (RBP) to address common headaches for our residents. Our program handles insurance, pest control, air filter changes, utility set up, credit building, resident rewards, identity protection and more at a rate of $69.99/month, added to every property as a required program. More details upon application.

*If you provide your own insurance policy, the RBP cost will be reduced by the amount of the insurance premium billed by Second Nature Insurance Services (NPN No. 20224621).

"Chic Urban Living: Spacious 1-Bedroom Gem in Heart of Indianapolis!"

Resident Benefits Package

Document Preparation

*** SUMMER Leasing Special*** We are currently running a seasonal leasing special for $200 off your first month's rent with any lease signed and a move in date on or prior to 09/19/2026. *** SUMMER Leasing Special***

======================================= Water, sewer, and trash utilities are included in the rent. =======================================

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