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Updated 2 hours ago

Piccadilly


28 E 16th St Indianapolis, IN

Studio - 1 Bed
•
1 Bath

260 - 601 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$687 - $732
260 ft2
1 Available
Managed By: Indy Collective Property Group
Unit 407
$687+
Available Jun 29th, 2026
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1 Bed • 1 Bath
$870 - $930
601 ft2
2 Available
Managed By: Indy Collective Property Group
Unit 708
$870+
Available Now
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Unit 202
$874+
Available Aug 15th, 2026
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View Rented Units
1 Bed • 1 Bath
$925
507 ft2
2 Available
Managed By: Indy Collective Property Group
Unit 604
$925
Available Jul 14th, 2026
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Unit 504
$925
Available Jul 29th, 2026
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View Rented Units
2 Beds • 1 Bath
$945 - $1,450
800 ft2
0 Available
Managed By: Indy Collective Property Group
Unit 201
$1,450
Rented
View
Unit 801
$1,095
Rented
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Unit 401
$945
Rented
View
Unit 601
$1,050
Rented
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Unit 301
$1,025
Rented
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3 Beds • 3 Bath
$4,200
2360 ft2
0 Available
Managed By: Indy Collective Property Group
PENT
$4,200
Rented
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Penthouse: Unparalleled City Views and Comfort
$4,200
Rented
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Where you'll live
Street View
Map View
Satellite View
Piccadilly
Piccadilly
Piccadilly
Location ratings
Walk Score®
80
Very Walkable
Transit Score®
52
Good Transit
Bike Score®
75
Very Bikeable
Amenities
On-site Laundry
Fitness Center
Refrigerator
Garbage Disposal
Trash Removal Included
Range / Oven
Microwave
Elevator
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $0
Property details
Description

Live in the heart of one of Indianapolis' most vibrant historic districts.
Piccadilly offers the charm, walkability, and architectural character that make urban living exciting. Unique floorplans, original details, and historic craftsmanship create apartment homes with personality, while neighborhood restaurants, shops, and everyday conveniences are just steps from your front door.
Unlike modern apartment communities that feel interchangeable, Piccadilly offers a sense of place. Whether you're enjoying the energy of the surrounding neighborhood or relaxing in a home filled with historic character, you'll quickly understand why residents choose Piccadilly over ordinary apartment living.

Additional Details
Total Unit Count: 58
Last Updated: Updated 2 hours ago
Contact Number: (765) 273-4334
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Photos Floor Plans Amenities
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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 Piccadilly by bedroom type below.
Studio
Suggested income:
$24,700
per year
1 Bedroom
Suggested income:
$32,300
per year
Rent report

Piccadilly Rent vs. Indianapolis Average

 Piccadilly      Indianapolis Average
Studio
$687
$1,002
$0
$350
$700
$1,050
$1,400
1BR
$899
$1,116
$0
$400
$800
$1,200
$1,600

Piccadilly is asking 19% less than the average 1 bedroom apartment in Indianapolis.

If you upsized to an average priced Indianapolis 2 bedroom apartment, you would pay 14% more per month.

If you downsized to an average priced Indianapolis studio apartment, you would pay 11% less per month.

Piccadilly provides 20% less square footage than the average Indianapolis 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Piccadilly
Studio $687 $2.60 $2,061
1BR $899 $1.60 $2,696
Indianapolis Average
Studio $1,002 $2.10 $3,007
1BR $1,116 $1.60 $3,348
2BR $1,298 $1.30 $3,895
3BR $1,635 $1.20 $4,904
4BR $1,691 $1.00 $5,072

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 1,296 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% 38% 42% 12% 2%
Available Units in Indianapolis
Studio 168
1BR 1,158
2BR 1,296
3BR 369
4BR 60
Location
Nearby Colleges

Ivy Tech Community College-Central Indiana

American College Of Education

Indiana University - Purdue University Indianapolis

Butler University

University of Indianapolis

Nearby Hospitals
Name Distance
Indiana University Health Transplant 0.37 mi.
Iu Health University Hospital 1.42 mi.
Riley Hospital For Children 1.5 mi.
Nearby Fire Stations
Name Distance
North Perry Volunteer Fire Department 1.14 mi.
Marion Volunteer Fire Department 1.14 mi.
Heiberger Volunteer Fire Department 1.52 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. 1 unit is vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 260 to 601 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 and 1 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 $687 to $930. Piccadilly has studio units available starting at $687 and 1 bedroom units available starting at $870.
Where is this property located?
This property is at 28 E 16th St in Indianapolis, IN. It's 1.4 miles north from the center of Indianapolis.
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