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Home / Indianapolis / The Lakes Apartments
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Photos (30)
Photos Floor Plans Amenities
Updated 8 hours ago

The Lakes Apartments


8740 Arborway Court Indianapolis, IN

2 Bed
•
2 Bath

1,078 Sq. Ft.

Available starting May. 23rd
Floor plans
1 Bed • 1 Bath
$933 - $998
750 ft2
0 Available
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#0812
$933
Rented
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#0416
$978
Rented
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#1427
$998
Rented
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#1417
$978
Rented
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#0923
$983
Rented
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#1416
$943
Rented
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#0426
$998
Rented
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#1023
$963
Rented
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#1013
$943
Rented
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#1422
$983
Rented
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1 Bed • 1 Bath
$966 - $1,126
875 ft2
0 Available
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#0327
$1,046
Rented
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#0317
$1,026
Rented
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#1326
$1,126
Rented
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#0117
$1,111
Rented
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#0113
$991
Rented
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#1312
$1,091
Rented
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#1322
$1,011
Rented
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#0322
$1,031
Rented
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#0323
$1,041
Rented
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#0723
$966
Rented
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2 Beds • 2 Bath
$1,375
1078 ft2
1 Available
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#0228
$1,375
Available May 23rd, 2023
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3 Beds • 2 Bath
$1,299 - $1,439
1258 ft2
0 Available
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#1018
$1,304
Rented
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#1421
$1,324
Rented
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#0415
$1,319
Rented
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#1028
$1,324
Rented
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#1415
$1,299
Rented
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#0425
$1,374
Rented
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#1021
$1,359
Rented
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#0411
$1,404
Rented
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#1024
$1,339
Rented
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#1025
$1,439
Rented
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Where you'll live
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The Lakes Apartments
The Lakes Apartments
The Lakes Apartments
Location ratings
Walk Score®
73
Very Walkable
Amenities
In-unit Laundry
Air Conditioning
Fitness Center
Refrigerator
Pool
Clubhouse
Microwave
Balcony, Deck, Patio
Range / Oven
Business Center
Dishwasher
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Dog Grooming Area
Parking
Covered Parking
Garage - Attached
Off-street Parking
Property details
Description

The Lakes Apartments is ideally located off Township Line Road in College Park just 2 miles from the I-465 interchange and minutes from Carmel, Broad Ripple and downtown. Voted Indy’s hottest address by Nuvo Magazine, our Indianapolis apartment’s scenic location includes charming walkways with a bridge over Delaware Creek and is also one of the most affordable apartment communities in Indianapolis! Choose from a one-, two-, or three-bedroom apartment home and you’ll find the best roommate floor plan in the city.

Additional Details
Total Unit Count: 1
Last Updated: Updated 8 hours ago
Contact Number: (317) 879-0066
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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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 The Lakes Apartments by bedroom type below.
2 Bedroom
Suggested income:
$49,500
per year
Rent report

The Lakes Apartments Rent vs. Indianapolis Average

 The Lakes Apartments      Indianapolis Average
2BR
$1,375
$1,253
$0
$450
$900
$1,350
$1,800

The Lakes Apartments is asking 10% more than the average 2 bedroom apartment in Indianapolis.

If you upsized to an average priced Indianapolis 3 bedroom apartment, you would pay 12% more per month.

If you downsized to an average priced Indianapolis 1 bedroom apartment, you would pay 31% less per month.

The Lakes Apartments provides 6% more square footage than the average Indianapolis 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Lakes Apartments
2BR $1,375 $1.30 $4,125
Indianapolis Average
Studio $862 $1.70 $2,587
1BR $955 $1.40 $2,864
2BR $1,253 $1.20 $3,758
3BR $1,426 $1.00 $4,279
4BR $1,556 $0.90 $4,668

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 1,123 2BR units on the market in Indianapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
8% 36% 39% 14% 3%
Available Units in Indianapolis
Studio 222
1BR 1,034
2BR 1,123
3BR 399
4BR 76
Location
Nearby Colleges

Purdue University Global

Butler University

Ivy Tech Community College-Central Indiana

Indiana University - Purdue University Indianapolis

Nearby Hospitals
Name Distance
St Vincent Hospital 0.61 mi.
St Vincent Seton Specialty Hospital, Indianapolis 0.91 mi.
St Vincent Heart Center Of Indiana Llc 2.91 mi.
Nearby Fire Stations
Name Distance
Naval Air Station Meridian 3.56 mi.
Vimville Volunteer Fire Department 3.56 mi.
South Volunteer Fire Department 3.56 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months. The next unit is available for move-in on May 23, 2023.
What's the square footage of the available units?
It's 1,078 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
Where is this property located?
This property is at 8740 Arborway Court in Indianapolis, IN. It's 10.4 miles north from the center of Indianapolis.
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