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Updated 1 day ago

M2 Bay Terrace


530 Alhambra - 915 College Dr Anderson, IN

1 - 2 Bed
•
1 Bath

750 - 1,008 Sq. Ft.

Available Now
Floor plans
1 Bed • 1 Bath
$875
750 ft2
1 Available
Managed By: M2 Bay Terrace, LLC
Updated 1 day ago

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915-2
$875
Available Now
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2 Beds • 1 Bath
$1,000 - $1,100
1008 ft2
4 Available
Managed By: M2 Bay Terrace, LLC
Updated 1 day ago

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A1
$1,000
Available Now
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A6
$1,000
Available Now
View
D4
$1,000
Available Now
View
C3
$1,100
Available Now
View
Where you'll live
Street View
Map View
Satellite View
M2 Bay Terrace
M2 Bay Terrace
M2 Bay Terrace
Location ratings
Walk Score®
64
Somewhat Walkable
Bike Score®
53
Bikeable
Fees & leasing info
Lease & Fees
Security Deposit: 0.0 - 400.0
Property details
Additional Details
Total Unit Count: 34
Last Updated: Updated 1 day ago
Contact Number: (765) 429-9447
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
ViaSat, Inc. 100.0 3.0
ALTIUS Communications LLC 50.0 20.0
Hughes Network Systems, LLC 25.0 3.0
Benton Ridge Telephone Company 5.0 1.0
VSAT Systems, LLC 2.0 1.3
Data from June 2020 provided by the FCC
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Photos Floor Plans
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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 M2 Bay Terrace by bedroom type below.
1 Bedroom
Suggested income:
$31,500
per year
2 Bedroom
Suggested income:
$36,900
per year
Rent report

M2 Bay Terrace Rent vs. Anderson Average

 M2 Bay Terrace      Anderson Average
1BR
$875
$748
$0
$300
$600
$900
$1,200
2BR
$1,025
$852
$0
$350
$700
$1,050
$1,400

M2 Bay Terrace is asking 20% more than the average 2 bedroom apartment in Anderson.

If you upsized to an average priced Anderson 3 bedroom apartment, you would pay 27% more per month.

If you downsized to an average priced Anderson 1 bedroom apartment, you would pay 14% less per month.

M2 Bay Terrace provides 9% more square footage than the average Anderson 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
M2 Bay Terrace
1BR $875 $1.20 $2,625
2BR $1,025 $1.00 $3,075
Anderson Average
Studio $673 $1.70 $2,018
1BR $748 $1.10 $2,243
2BR $852 $0.90 $2,555
3BR $1,167 $0.80 $3,502
4BR $1,300 $1.00 $3,900

Availability in Anderson

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 37 1BR units on the market in Anderson. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
5% 50% 38% 5% 1%
Available Units in Anderson
Studio 4
1BR 37
2BR 28
3BR 4
4BR 1
Location
Nearby College

Anderson University

Nearby Hospitals
Name Distance
St. Vincent Anderson Regional Hospital 1.74 mi.
Community Hospital Of Anderson And Madison County 2.49 mi.
Assurance Health Psychiatric Hospital 6.24 mi.
Nearby Fire Stations
Name Distance
Prairie Township Volunteer Fire Department 16.02 mi.
Noblesville Fire Department 19.59 mi.
Wayne Township Volunteer Fire Department 19.59 mi.
FAQs
Is this property currently leasing units?
Yes. There are 5 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 5 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 750 to 1,008 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 1 and 2 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?
Rent on available units ranges from $875 to $1,100. M2 Bay Terrace has 2 bedroom units available starting at $1,000 and 1 bedroom units available starting at $875.
Where is this property located?
This property is at 530 Alhambra - 915 College Dr in Anderson, IN. It's 1.5 miles east from the center of Anderson.
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