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Updated 2 hours ago

The Lakes Apartments


8740 Arborway Ct Indianapolis, IN

1 - 3 Bed
•
1 - 2 Bath

750 - 1,258 Sq. Ft.

Available Now
Floor plans
1 Bed • 1 Bath
$1,335 - $1,385
750 ft2
5 Available
Managed By: NTS Development Company
WAITLKA2
$1,335+
Available Now
View
Unit 1416
$1,335+
Available Sep 15th, 2026
View
Unit 0913
$1,335+
Available Sep 17th, 2026
View
Unit 0922
$1,335+
Available Sep 23rd, 2026
View
Unit 0912
$1,335+
Available Nov 20th, 2026
View
View Rented Units
1 Bed • 1 Bath
$1,370 - $1,460
875 ft2
6 Available
Managed By: NTS Development Company
Unit 0323
$1,370+
Available Now
View
Unit 1326
$1,370+
Available Sep 18th, 2026
View
Unit 0116
$1,370+
Available Sep 24th, 2026
View
Unit 0727
$1,370+
Available Oct 30th, 2026
View
Unit 0126
$1,370+
Available Nov 4th, 2026
View
Unit 0112
$1,370+
Available Nov 13th, 2026
View
View Rented Units
2 Beds • 1 Bath
$1,450
930 ft2
2 Available
Managed By: NTS Development Company
WAITLKB1
$1,450
Available Now
View
Unit 1113
$1,450
Available Sep 18th, 2026
View
View Rented Units
2 Beds • 2 Bath
$1,560 - $1,715
1078 ft2
5 Available
Managed By: NTS Development Company
WAITLKB2
$1,560+
Available Now
View
Unit 0224
$1,560+
Available Sep 24th, 2026
View
Unit 0521
$1,560+
Available Oct 16th, 2026
View
Unit 0221
$1,560+
Available Nov 4th, 2026
View
Unit 0115
$1,560+
Available Nov 13th, 2026
View
View Rented Units
3 Beds • 2 Bath
$1,765 - $1,780
1258 ft2
5 Available
Managed By: NTS Development Company
WAITLKC1
$1,765+
Available Now
View
Unit 0425
$1,765+
Available Now
View
Unit 0418
$1,765+
Available Sep 25th, 2026
View
Unit 1424
$1,765+
Available Nov 5th, 2026
View
Unit 1411
$1,765+
Available Nov 9th, 2026
View
View Rented Units
Where you'll live
Street View
Map View
Satellite View
The Lakes Apartments
The Lakes Apartments
The Lakes Apartments
Location ratings
Walk Score®
73
Very Walkable
Transit Score®
34
Some Transit
Bike Score®
54
Bikeable
Amenities
In-unit Laundry
Air Conditioning
Fitness Center
Refrigerator
Fireplace
Pool
Walk In Closets
Controlled Access
Walkways
Racquetball Court
Car Care Center
Picnic Area
Sundeck
Accent Walls
Private Entry
Short Term Lease
Outdoor Kitchen
Landscaping
Black Appliances
Bike Repair
Highway Access
Meal Service
Pickleball Court
Virtual Walkthrough
Wood-inspired Flooring
Pet Walking Area
Secured Entry
Balcony, Deck, Patio
Living Room
Master Bath
Range / Oven
Microwave
Freezer
Ceiling Fans
Cable-ready
High-speed Internet
High / Vaulted Ceiling
Bath Tub
Online Community Portal
24-hour Maintenance
Clubhouse
Barbecue
Business Center
Sports Court
Ping-pong Table
Bike Parking
Online Payments
Carwash
Coffee Bar
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Pet Park
Pet Deposit: $150.00
Pet Rent: $150.00
Cat:

| Restrictions: None One time

Breed Restrictions:

No restrictions

Dog:

| Restrictions: None One time

Pet Screening:

$35.00 Monthly due with rent

Parking
Covered Parking
Surface Parking
Off-street Parking
Garage - Detached
More Info:

Garage: $80 Carport: $50 - 55

Lease & Fees
Security Deposit:

$200

Application Fee:

$70 per applicant

Lease Length:

6, 7, 8, 9, 10, 11, 12, 13, 14, 15

2nd Late Fee:

2nd Late Fee One time

Early Termination Fee:

$2000.00 One time

Late Fee:

$100.00 One time

Mtm Flat Fee:

$300.00 Monthly due with rent

Nsf Tenant Fee:

$75.00 One time

Insurance - Renter Provided Liability Insurance:

Insurance - Renter Provided Liability Insurance Monthly due with rent

Transfer Fee:

$500.00 One time due at move out

Property details
Description

The Lakes is located within a secluded environment that offers an assortment of distinctive apartment homes within an unblemished setting. Our community features award-winning landscaping, a glistening pool deck with outdoor gourmet kitchen, 24-hour express cardio fitness center, and a residential business center which includes a cyber cafe. Each apartment home offers a spacious floorplan with immense closet space, social designed kitchens with Whirlpool appliance packages, trendy accent walls, cozy wood-burning fireplaces, and tranquil lake views. What are you waiting for, stop by The Lakes today to reserve your future apartment home!

Additional Details
Electric Car Charging: $25.00 Monthly due with rent
Nsf: $75.00 One time
Electric Svc Violation Incremental: $50.00 One time
Patio Violation Incremental: $25.00 One time
Pet Violation: $25.00 One time
Pet Violation 2nd: $25.00 One time
Renter's Insurance Violation: $25.00 One time
Smoke Fine 1st: $100.00 One time
Smoking Fine 2nd: $200.00 One time
Smoking Fine 3rd: $500.00 One time
Trash Violation: $25.00 One time
Garage Remote Replacement: $110.00 One time
Keyfob Replacement: $75.00 One time
Lock Change: $25.00 One time
Total Unit Count: 232
Last Updated: Updated 2 hours ago
Contact Number: (463) 244-4319
Property manager information
NTS Development Company
Office Hours
Monday: 9:00 AM - 5:00 PM
Tuesday: 9:00 AM - 5:00 PM
Wednesday: 9:00 AM - 5:00 PM
Thursday: 9:00 AM - 5:00 PM
Friday: 9:00 AM - 5:00 PM
Saturday: 10:00 AM - 5:00 PM
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
ViaSat, Inc. 100.0 3.0
On-Ramp Indiana, Inc. 50.0 10.0
Hughes Network Systems, LLC 25.0 3.0
VSAT Systems, LLC 2.0 1.3
Data from June 2020 provided by the FCC
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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 The Lakes Apartments by bedroom type below.
1 Bedroom
Suggested income:
$48,700
per year
2 Bedroom
Suggested income:
$55,000
per year
3 Bedroom
Suggested income:
$63,500
per year
Rent report

The Lakes Apartments Rent vs. Indianapolis Average

 The Lakes Apartments      Indianapolis Average
1BR
$1,354
$1,090
$0
$450
$900
$1,350
$1,800
2BR
$1,529
$1,294
$0
$500
$1,000
$1,500
$2,000
3BR
$1,765
$1,660
$0
$600
$1,200
$1,800
$2,400

The Lakes Apartments is asking 18% more than the average 2 bedroom apartment in Indianapolis.

If you upsized to an average priced Indianapolis 3 bedroom apartment, you would pay 22% more per month.

If you downsized to an average priced Indianapolis 1 bedroom apartment, you would pay 19% less per month.

The Lakes Apartments provides 4% more square footage than the average Indianapolis 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Lakes Apartments
1BR $1,354 $1.70 $4,062
2BR $1,529 $1.50 $4,586
3BR $1,765 $1.40 $5,295
Indianapolis Average
Studio $964 $2.00 $2,892
1BR $1,090 $1.60 $3,269
2BR $1,294 $1.30 $3,883
3BR $1,660 $1.20 $4,979
4BR $1,850 $1.00 $5,549

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 1,303 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% 36% 43% 13% 2%
Available Units in Indianapolis
Studio 194
1BR 1,072
2BR 1,303
3BR 393
4BR 54
Location
Nearby Colleges

Purdue University Global

Butler University

Ivy Tech Community College-Central Indiana

Indiana University - Purdue University Indianapolis

FAQs
Is this property currently leasing units?
Yes. There are 23 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 22 units available for move-in over the next 2 months. 6 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 750 to 1,258 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 1, 2 and 3 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,335 to $1,780. The Lakes Apartments has 1 bedroom units available starting at $1,335, 2 bedroom units available starting at $1,450, and 3 bedroom units available starting at $1,765.
Where is this property located?
This property is at 8740 Arborway Ct in Indianapolis, IN. It's 10.4 miles north from the center of Indianapolis.
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