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Updated 13 minutes ago

Five Twenty Virginia


520 Virginia Ave Indianapolis, IN

Studio - 2 Bed
•
1 Bath

0 - 1,033 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$Ask
Size: N/A
1 Available
Managed By: Five Twenty Virginia, LLC
520 Virginia Apartments - Studio Reservation List
$Ask
Available Now
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1 Bed • 1 Bath
$1,575
665 ft2
1 Available
Managed By: Five Twenty Virginia, LLC
Unit 24
$1,575
Available May 5th, 2026
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2 Beds • 1 Bath
$1,750
981 ft2
2 Available
Managed By: Five Twenty Virginia, LLC
Unit 4
$1,750
Available Now
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Unit 12
$1,750
Available Now
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2 Beds • 1 Bath
$1,750
1033 ft2
1 Available
Managed By: Five Twenty Virginia, LLC
Unit 18
$1,750
Available Now
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Where you'll live
Street View
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Five Twenty Virginia
Five Twenty Virginia
Five Twenty Virginia
Location ratings
Walk Score®
85
Very Walkable
Transit Score®
58
Good Transit
Bike Score®
98
Biker's Paradise
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit:

400 - 600

Property details
Description

Welcome to Five Twenty Virginia Apartments, nestled in the vibrant and historic Fletcher Place neighborhood, just steps away from the bustling Virginia Avenue and Fountain Square.
Even though construction for this building first started 1886 and acted as the first two-story school in the city, you will experience the epitome of modern living in our thoughtfully designed units, where every detail is crafted to enhance your lifestyle. Each apartment boasts updated appliances, including a convenient dishwasher, complemented by sleek wood floors and vaulted ceilings that add character and charm to your space. With ample natural light streaming through large windows, your home becomes a bright and inviting sanctuary. We are a dog free community, cats are welcome with a $100 one-time pet fee.
At Five Twenty Virginia, convenience meets peace of mind with keyless building entry and free parking for residents. Residents are responsible for all utilities, and renters' insurance. There is a communal laundry facility located in the lobby of the building.
Discover the perfect blend of historic charm and contemporary comfort at Five Twenty Virginia Apartments.

Additional Details
Total Unit Count: 24
Last Updated: Updated 13 minutes ago
Contact Number: (317) 636-7669
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Charter Communications 940.0 35.0
ViaSat, Inc. 100.0 3.0
On-Ramp Indiana, Inc. 50.0 10.0
Hughes Network Systems, LLC 25.0 3.0
AT&T Inc. 18.0 0.768
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 Five Twenty Virginia by bedroom type below.
1 Bedroom
Suggested income:
$56,700
per year
2 Bedroom
Suggested income:
$63,000
per year
Rent report

If you upsized to an average priced Indianapolis 1 bedroom apartment, you would pay 9% more per month.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Indianapolis Average
Studio $1,035 $2.00 $3,104
1BR $1,135 $1.60 $3,406
2BR $1,368 $1.40 $4,103
3BR $1,626 $1.20 $4,879
4BR $1,672 $1.00 $5,015

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 1,391 2BR units on the market in Indianapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
6% 39% 40% 12% 3%
Available Units in Indianapolis
Studio 213
1BR 1,331
2BR 1,391
3BR 404
4BR 93
Location
Nearby Colleges

American College Of Education

Indiana University - Purdue University Indianapolis

Ivy Tech Community College-Central Indiana

University of Indianapolis

Butler University

Nearby Hospitals
Name Distance
Iu Health University Hospital 1.92 mi.
Riley Hospital For Children 2.15 mi.
Indiana University Health Transplant 2.27 mi.
Nearby Fire Stations
Name Distance
Heiberger Volunteer Fire Department 0.59 mi.
Heiberger Volunteer Fire Department 0.59 mi.
North East Union Fire District 0.75 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 available for move-in over the next 2 months. 4 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 665 to 1,033 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio, 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 $1,575 to $1,750. Five Twenty Virginia has 1 bedroom units available starting at $1,575 and 2 bedroom units available starting at $1,750.
Where is this property located?
This property is at 520 Virginia Ave in Indianapolis, IN. It's 0.9 miles southeast from the center of Indianapolis.
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